CREBA: Iloilo City 'model for development'

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Some 450 developers, contractors, builders, engineers, architects, suppliers and manufacturers, real estate practitioners and other professionals gathered for the 23rd Annual National Convention of the Chamber of Real Estate & Builders’ Associations, Inc. (CREBA) being held in Diversion 21 Hotel, Iloilo City Oct. 15-18.

Mayor Jed Patrick Mabilog stressed the gathering serves as an opportunity where they can look around and think of possible property investments in the city.

Mabilog earlier met CREBA National Board and members at Intercontinental Makati and made a presentation to attract and invite more property developers to invest in the metropolis.

“The convention stands witness to the success of Iloilo City as a model for development,” said CREBA-Iloilo chairman Wilson Jesena Jr.

“It serves as a venue for industry stockholders to articulate their concerns, share stories of success and innovations and work in cooperation with government to collectively realize goals,” said CREBA national president Noel Toti M. Cariño.

Iloilo City was chosen as venue of one of this year’s biggest real estate events in the country due to its great potential as a business and investments hub, particularly for housing and real estate development.

Iloilo is fast becoming a burgeoning provincial city in the “sweet spot” today – thanks largely to its being the seat of commerce, trade, finance, recreation, education, and governance in Western Visayas.

With its rich cultural heritage and history, vast natural resources, competent labor force, commercial and tourist attractions, infrastructure development and geographic centrality being a gateway to the Panay Islands, Iloilo has seen economic growth that eventually extended to the region as a whole.

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