Iloilo Business Park, also known just as Megaworld among the locals (after the developer's name ), is a 72-hectare (180-acre) mixed-use master-planned community development in Mandurriao, Iloilo City, Philippines by Megaworld Corporation.What's new in Iloilo?
Initial development includes construction of a road network, the 12-storey Richmonde Hotel Iloilo and Richmonde Tower, Festive Walk, Two Business Process Outsourcing office buildings.How much does Megaworld invest in Iloilo City?
It is located on the site of Iloilo's former airport, Mandurriao Airport, which the conglomerate acquired for 1.2 Billion Pesos from the Philippine national government. Megaworld is projected to pour in ₱ 25 Billion for the entire development in a span of years.What is it like to live in Iloilo City?
Well, Iloilo is the place for you with wide main roads and fast-moving highways. In out-of town provinces like Iloilo City, you can spend less while not worrying on the quality of living. You don't have to worry much on rent, groceries and other basic needs without spending too much.