Business

Iloilo City and SM Prime Holdings Collaborate for Sustainable Market Development

Iloilo City, Philippines – In an effort to become the country’s most livable city, the Iloilo City Government and SM Prime Holdings are pushing for sustainability in the development of the Central and Terminal (Super) public markets. The rehabilitation project is a testament to the City Government’s WHEELS for Sustainable Development Agenda, which focuses on Welfare, Health, Environment, Education, Livelihood, and Sustainability.

SM Supermalls President Steven Tan stated that the redeveloped markets will be the first of their kind in Western Visayas, as they will carry sustainable principles applied in SM Prime’s malls, residences, hotels, and commercial spaces. The objective is to elevate the overall experience for vendors, employees, residents, and tourists.

Photo Credit: "Image used in the article courtesy of Jerry Treñas Official Facebook page (@JerryTreñasOfficial)

Using sustainable design and construction principles will help ensure that these infrastructures will serve public interest and stand the test of time, said Tan. The commitment from SM Prime is expected to positively impact the future of the Ilonggo people and communities.

The rehabilitation of the markets is just one of the many efforts by the City Government to achieve its goal of creating a more resilient and sustainable future for the city and its people. From building infrastructure and road networks to beautification and expansion of greener public spaces, and the near full operation of the Iloilo City Action and Response (ICARE) command center, the City Government is making significant progress towards this goal.

This news is a positive step forward for the people of Iloilo and the City Government’s efforts to create a more sustainable future. The partnership between the City Government and SM Prime Holdings is expected to result in a truly remarkable and sustainable public market for the city and its people.

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