SM Prime, Robinsons Land submit bid to develop Baguio public market
February 21, 2020
BAGUIO CITY –Real estate development giants SM Prime Holdings Inc., and Robinsons Land Corp. have formally offered to develop the city's public market, which is nearly 100 years old.
Baguio City Mayor Benjamin Magalong said this will be evaluated by the city's Public-Private Partnership for the People (P4) committee subject to PPP rules.
Bambi Andal of Robinsons and SM Vice Prime Vice President for legal Ryan San Juan presented their general plans to Magalong and Vice Mayor Faustino Olowan on February 14 and February 17.
He said the vendors’ cooperative at the public market will not be left out, as it will be “the city’s topmost consideration in the deal will be the interest of the existing vendors”. DMS
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