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Mayor Magalong: Baguio searching for joint venture partner for public market development

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Baguio City Mayor Benjamin Magalong said the city government is eyeing a partner for a joint venture development of the Summer Capital’s public market.

The Baguio politiko said several big companies have already sent feelers to be the city government’s partner in the project.

Magalong said he wants the Baguio Public Market to be one of the best markets in Southeast Asia.

He also said the city government might add a basement parking facility to help recover the expected multi-billion peso cost of the project.

Magalong added that he told potential partners that the rental rates for vendors must not be increased.

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