Iloilo City Mayor Jerry P. Treñas assured that there will be no displacement of vendors in the improvements of district markets.
“Once our markets have improved, this will help our vendors be competitive against supermarkets in malls. No legitimate market vendors will be displaced as based to the project’s terms of reference (TOR),” Treñas said during his meeting with the markets in charge and presidents of the vendors association on Monday, May 10, to present the rehabilitation of the public markets through Public and Private Partnership (PPP).
Additional stalls may also be expected since the markets will be made spacious for the vendors and consumers.
Private investors SM Development Corporation and Metro Pacific have conveyed interest in the redevelopment of the Iloilo Central Market and Iloilo Terminal Market.
Arevalo, Jaro and La Paz public markets will be developed by the city government.
The rehabilitation aims to help and improve the income of the market vendors and to provide the city with a sustainable multi-use market complex.
Architect Regina Gregorio presented the design proposals with provisions for parking area for cars and motorcycles at the second floor of each market, elevator and comfort rooms./WDJ