ILOILO CITY FAST EMERGING BUSINESS HUB You notice it immediately. On the drive from the Iloilo International Airport to the city proper, you see cranes and other construction machinery as well as road widening activities all along the way. Traditionally known for its rich culture and old-world charm, with its well-preserved heritage houses and centuries-old churches, Iloilo is fast emerging as the newest destination not only for tourism but also for business and investments. Developing in Mandurriao, one of Iloilo City’s seven districts — bound by Molo to its south and La Paz to its north — is the city’s new business district, with commercial establishments and complexes rising, contributing to the city’s accelerated economic growth. Situated here is Ayala Land’s Atria Park District, a master planned, mixed-use community that integrates residential, retail and business clusters as well as educational and health care institutions. With an initial land area of around 21 hectares and an estimated cost of over P15 billion, the project represents Ayala Land’s largest investment in the region.
Posted on: Wed, 19 Nov 2014 08:43:34 +0000
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