A forum by the Iloilo Economic Development Foundation (ILEDF), in partnership with the Metro Iloilo-Guimaras Economic Development Council (MIGEDC) yielded over P1 billion worth of committed investments.

The said business forum was held in Pasay City according to Mayor Jerry Treñas.

He said they were able to make a lot of headway, particularly with regards to the Ilonggo homegrown firm La Filipina Uygongco Group of Companies.

“For only one investment, the La Filipina Uygongco is P1 billion. They will establish a feed mill in Barangay Ingore,” he said.

Likewise the SMX Convention Center expressed interest creating a convention center.

Rockwell Land Corporation on the other hand is targeting mixed-use development.

Treñas said he encouraged investments like the proposed convention center because of an increasing interest in the gathering of various professional groups, which huge numbers of members could no longer be accommodated due to the limited capacity of the Iloilo Convention Center.

“I was told the convention center is fully booked already (un)til the next several months. We need another venue,” he said.