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SM Prime Holdings to implement P2.5-B modern Central and Terminal Markets projects in Iloilo City

SM Prime Holdings is set to implement the modern Central and Terminal Markets worth P1.5 to P2.5 billion projects through a public-private partnership of the city government of Iloilo City.

This project is aimed at the promise of Mayor Jerry Treñas to the citizens, especially to the local businessmen that the market facilities will be modernized, and to give a good space to the local businessmen that will help them to develop and feature their products.

Iloilo City stands as a shining example of development, fueled by a commitment to continuous advancement and empowerment of communities.

In the past six years, Iloilo City has achieved several recognitions under the leadership of Mayor Treñas, who are committed to actions that will promote economic growth, cultural enrichment, and continuous enrichment of our nature.

With these actions, not only did the level of the city increase, but the lives of its residents were also improved.

“We see these markets not only as economic hubs but community centers that promote local culture and entrepreneurship,” emphasized Mayor Treñas.

“By revitalizing these spaces, we are creating an opportunity for our vendors to grow their businesses continuously.”

 

Steven Tan, president of SM Supermalls, echoed this view of Mayor Trenas, emphasizing SM’s role in supporting local communities and promoting continuous advancement through investment in infrastructure.

It can be remembered that Iloilo City has received awards, such as being a Creative City of Gastronomy by UNESCO, which is part of its rich culinary and cultural knowledge.

The city’s innovative I-Bike Program also won the prestigious 2022 Galing Pook Award, underscoring its dedication to urban mobility.

“Iloilo City is more than a place, it is a community where change and tradition meet,” said Mayor Treñas.

“Our achievements reflect our collective desire to build a city that thrives on creativity, inclusivity and sustainability.”

In recognition of promoting a strengthened climate for doing business, the city also earned the 2023 Most Business-Friendly Local Government Unit (LGU) award from the Philippine Chamber of Commerce and Industry (PCCI).

This award recognizes the city’s efforts to support local businesses and attract entrepreneurs who will add to the economic vitality.

In the future, Trenas said that his desire is strong to promote the goal of continuous development for Iloilo City.

“Our focus is on building a city that accelerates innovation, preserves cultural heritage, and improves the quality of life for all Ilonggo,” he said.

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