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Giant real estate developer Megaworld Corp. vowed to put Iloilo in the world map of rising business process outsourcing (BPO) industry with the development of 54-hectare old airport property in Mandurriao district.

“This is a rare opportunity for us to transform the site into a vibrant economic catalyst of Iloilo. Megaworld built its reputation throughout Manila and now we’re bringing that to Iloilo,” stressed Kingson Sian, Megaworld executive director and senior vice-president.

“We are bringing development we hope all Ilonggos can be truly proud of—this is our first major investment outside of Metro Manila,” he noted.

Megaworld is largest landlord of BPO companies in the Philippines and the fastest growing real estate company in the country, said Sian.

Why is Megaworld bullish on the property market?

“We have identified five growth drivers including BPO, middle-income housing, power of OFWs, decreasing home mortgage rate and government infrastructure spending,” Sian explained.

“Megaworld envisions the Iloilo Business Park…

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