• Manila approves renovation of Sampaloc Public Market


    The Manila City government announced on Friday that it has approved the conversion of Sampaloc Public Market located at the busy corner of Legarda and Bustillos streets into a modern market equipped with hotel-like facilities. A joint venture was ratified in a public hearing wherein XRC Mall Developers Inc. was given the task to development, manage, and operate the market for 25 years. Under the joint venture agreement, XRC Mall will remit a guaranteed P1.5 million yearly, excluding the projected increases in real property tax and business tax collection from new investments. Vendors will be represented in the five-man governing committee of the market.


    Please follow our commenting guidelines.

    Comments are closed.