By Nestor P. Burgos Jr.
Inquirer Visayas Bureau

ILOILO CITY–Megaworld Corp. will pour an initial investment of P1.5 billion into its newly acquired 54-hectare property, where the old Iloilo airport used to stand.

Megaworld, which acquired the property in Mandurriao District for P1.2 billion, plans to build a business park here.

“This is our first major investment outside of Manila,” said Kingson Sian of Megaworld Corp. during Friday’s turnover ceremony at the Sarabia Manor Hotel and Convention Center. “This shows how much we are bullish and committed to Iloilo.”

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By Charles E. Buban
Inquirer

MANILA, Philippines–One look at McKinley Hill’s vicinity map and you could readily tell how huge — as well as ambitious — this latest development from Megaworld Corp. is.

This 50-hectare community that will soon rise south of the Bonifacio Global City integrates four components: residential, commercial, office and institutional.

“Once completed, McKinley Hill will not only enhance the market value of the property around it but also transform Taguig City landscape, as it will feature high-end neighborhood, top-earning business establishments, highly rated entertainment, shopping and dining destinations,” said Jericho Go, first vice president of Megaworld.

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