MANILA: President Aquino embarks on another provincial trip to begin his activities this week with a visit to Iloilo City on Monday to grace the inauguration of new establishments there.
The President will lead the ceremonial launch of Megaworld Corporation’s Iloilo Business Park, as well as the inauguration of Richmonde Hotel and the Iloilo Convention Center (ICC), an official media advisory stated.
The Iloilo Business Park is a 72-hectare township envisioned by Megaworld to be ‘the next central business district’ in Iloilo City with the 12-storey Richmonde Hotel and ICC serving as its initial developments.
The company has invested a total of P35-billion for the development of the entire complex over the next 10 years, according to their official website.
President Aquino will open the highly anticipated ICC, which is going to be used as one of the venues for some high-level ministerial meetings of the APEC (Asia Pacific Economic Cooperation) Summit.
The ICC is a state-of-the-art convention facility that sits on a 1.7-hectare lot in Iloilo Business Park, Mandurriao, Iloilo City. Its construction began in 2013 with an estimated total project cost of P740-million.
It is two stories high with a floor area of 11,832 square meters that can accommodate over 3,000 guests. Renowned architect William Coscoluella designed the project inspired by Iloilo’s Dinagyang and Paraw festivals.