Just recently, the Iloilo City Government shares on Facebook that it is eyeing to convert public markets into a mall-like facility with parking spaces on top. According to Iloilo City Mayor Jerry Treñas, the plan include the development of Lapaz, Jaro Big, Arevalo, and Mandurriao markets.
“It will have parking on the second floor to allow more cars considering the customers who patronize our markets. We will work on the design,” states Iloilo City Mayor Jerry Treñas.
Moreover, Treñas notes that the City Treasurer’s Office will determine a bank loan with the most favorable order to finance the proposal. Treñas also revealed that the upgrading of Central and Terminal markets will be entered into the Public-Private Partnership for potential investors.