Iloilo Business Park

Iloilo Business Park
Official logo of Iloilo Business Park
Nickname(s): 
Megaworld
IBP
Map
Iloilo Business Park is located in Philippines
Iloilo Business Park
Iloilo Business Park
Coordinates: 10°42′53″N 122°32′41″E / 10.71472°N 122.54472°E / 10.71472; 122.54472
CountryPhilippines
RegionWestern Visayas
ProvinceIloilo
CityIloilo City
DistrictMandurriao
Area
 • Total0.92 km2 (0.36 sq mi)
Time zoneUTC+8 (PST)
WebsiteOfficial website

Iloilo Business Park (IBP), also known just as Megaworld among the locals (after the developer's name), is a 92-hectare (230-acre)[1] mixed-use master-planned central business district in Mandurriao, Iloilo City, Philippines by Megaworld Corporation. It is an integrated township project featuring a financial district, a lifestyle mall, office buildings catering to business process outsourcing firms, boutique and deluxe hotels, a convention center, and medical services facilities.[2]

Iloilo Business Park was the site of Mandurriao Airport, the former main airport of Iloilo until 2007, when Megaworld Corporation acquired the property and developed it into a mixed-use development. Since then, the area has experienced significant growth and is now bounded by two other major developments in Mandurriao, namely SM Iloilo of SM Prime to its east and Atria Park District of Ayala Land to its southeast.

  1. ^ "Megaworld to expand Iloilo township development". BusinessWorld. 3 May 2013. Archived from the original on 23 September 2015. Retrieved 18 September 2015.
  2. ^ Montealegre, Krista Angela M. (14 January 2013). "Megaworld to sink P25 billion into Iloilo integrated township project". InterAksyon. Archived from the original on 17 January 2013. Retrieved 21 January 2013.