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The Iloilo International Airport project was inaugurated by President Gloria Macapagal Arroyo on January 25, 2004, and construction work on the new airport started on April 14 that year. [ 35 ] [ better source needed ] The original expected deadline of completion was June 2007, [ 36 ] although this was moved to the first quarter of 2007.
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In 2007, the new airport in Cabatuan, Iloilo was opened, rendering the old airport in Mandurriao available for privatization. Megaworld Corporation acquired the 72-hectare site of the old airport for ₱1.2 billion (approximately $2.5 million) with plans to develop it into Iloilo City's new central business district (CBD), known as Iloilo ...
Iloilo Business Park was the site of Mandurriao Airport, the former main airport of Iloilo until 2007, when Megaworld Corporation acquired the property and developed it into a mixed-use development. Since then, the area has experienced significant growth and is now bounded by two other major developments in Mandurriao, namely SM Iloilo of SM ...
Jalaur River Multipurpose Project - Stage II, Iloilo 2019– Under-construction [15] Mindanao Irrigation Development Project Under-construction New Centennial Water Source - Kaliwa Dam Project 2021– Under-construction [16] [17] Repair of Communal Irrigation Systems Under-construction Repair of National Irrigation Systems (NIS) Under-construction
The Metropolitan Iloilo Development Council (MIDC) was created through a Memorandum of Agreement (MOA) dated February 9, 2001, by the City of Iloilo, along with four nearby municipalities: Oton, Pavia, San Miguel, and Leganes, to foster collaborative approaches aimed primarily at the economic and urbanization growth of the area.
The Bases Conversion and Development Authority (BCDA) is a development corporation vested with corporate powers under Republic Act (RA) 7227 (Bases Conversion and Development Act of 1992), signed into law by former President Corazon C. Aquino on March 13, 1992. The BCDA Charter was amended by RA 7917 in 1995, and further amended by RA 9400 in 2007.
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