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Business

Megaworld integrates P350 M transport hub at Iloilo Business Park

Iris Gonzales - The Philippine Star

MANILA, Philippines — Megaworld will venture into transport hubs as it has laid out plans to integrate a P350-million facility of the Iloilo Business Park. The transport hub will have two terminals and will be strategically located along the township’s Megaworld Boulevard, just in front of the Festive Walk Mall. 

The transport hub will serve the requirements of the region’s first premium P2P service at the Iloilo Business Park. 

Each terminal sits on a 4,000-square meter lot and will have its own food park.  At the second and third level of each terminal, 200 parking slots will be made available for free.

Megaworld head of estate management Jose Arnulfo Batac said the company aims to provide world-class and convenient service in land transport for local and international travelers in and out of Iloilo City. 

“Hopefully, this will serve as a model for other transport hubs in the region,” Batac said.

The Land Transportation Franchising and Regulatory Board – Region 6 is rolling out the first premium point-to-point buses in Western Visayas with the Iloilo Business Park as its main hub in Panay Island.

The project is part of the government’s Public Utility Vehicle Modernization Program (PUVMP), a flagship program spearheaded by the Department of Transportation (DOTr).

There will be around 106 P2P buses which will serve the following routes: Iloilo Business Park to Iloilo Airport, Iloilo Business Park to Roxas Airport, Iloilo Business Park to Kalibo Airport, and Iloilo Business Park to Caticlan Airport (Boracay), and vice versa.

“We thank the LTFRB Region 6 for this partnership, and we hope that we are able to contribute to the success of this modernization campaign for the betterment of the country’s transport industry. All of our townships, especially those in urban centers, serve as convergence points of motorists and commuters. Thus, we integrate transport hubs in our developments to meet the transport needs of the local community,” Batac said.

Megaworld’s Iloilo Business Park in Mandurriao District, Iloilo City is a 72-hectare integrated urban township that is home to rows of residential towers, state-of-the-art office towers, the Festive Walk Mall, the 1.1-kilometer Festive Walk Parade, two first-class hotels (Richmonde Hotel Iloilo and Courtyard by Marriott), the Iloilo Convention Center, the Iloilo Museum of Contemporary Art, and the rising commercial and boutique hotel district. 

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ILOILO BUSINESS PARK

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