29 opportunities open for investors

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Friday, March 14, 2014

THE city and province of Iloilo has listed a total of 29 investment opportunities open for investors to choose from through a public private partnership, joint venture, or outright business investment.

The open opportunities include five in Agro-Fishery Processing, five in Education, 11 in Services, and eight in Tourism ventures.

The Iloilo Business Club and Iloilo City Investment and Trade Promotions Board evaluated the list to be submitted to corporations and investors who are mostly based in Metro Manila.


City Mayor Jed Patrick Mabilog said the city submitted a total of 10 business and investment opportunities during the Iloilo business summit held in Makati on Wednesday.

The opportunities open for prospective investors include the following:

*Expansion of fish processing plant and establishment of fish canning facility (possibly inside the Iloilo fish port complex)
*Construction of an alternative energy source
*Purchase and operation of a Philippine training ship’ sports academy
*Development of various properties owned by the City Government
*Medical complex
*Proposed commercial estate
*Redevelopment of various markets in Iloilo City
*Esplanade apartment hotel
*International hotel
*Plazuela de Iloilo.

The other investment opportunities located in the province of Iloilo are the following:

*Establishment of food and fruit processing plants, muscovado sugar mill, residential and commercial estate development (all in Passi City)
*Multi-agriculture products processing and packaging complex (in the municipality of Mina)
*Center for entrepreneurial development, development of University of the Philippines-Visayas community enterprise center and research, training and resource center and completion of the Diwata shore complex
*Barotac Nuevo commercial and subdivision complex
*Development of the Dumangas economic zone and techno-hub
*Establishment of a retirement community (municipality of Ajuy)
*Retirement village development (municipality of New Lucena)
*Sanitary landfill with resource recovery facility and Suage River water resource service facility (municipality of Janiuay)
*Eco-adventure park (municipality of Cabatuan)
*Mari-it eco-tourism development project (municipality of Lambunao)
*Retirement village and leisure farm resort (Guimaras Island)
*Agro-eco-tourism industry development project (municipality of San Enrique)

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