In line with the national government’s thrust to transform the Philippines through PPPs and collaboration between LGUs and the private sector, Iloilo City Mayor Jerry Treñas recently signed the lease agreement with SM Prime Holdings, Inc. for the redevelopment of the Central and Terminal Markets in the bustling Southern capital. SM is investing P1.5 billion to P2.5 billion in the project.

Read more: https://www.bworldonline.com/spotlight/2022/08/08/466629/iloilo-city-and-sm-prime-collaborate-on-ppp-to-redevelop-2-city-public-markets/