THE City Government of Iloilo, with support from the Public-Private Partnership (PPP) Center of the Philippines, is rehabilitating the existing Iloilo City Slaughterhouse Project, the proposed development referred to as the “Project.”
A Call for Participants: Market Sounding Activity is being conducted April 21 to 30, 2021 facilitated through an online form or one-on-one meeting with PPP Center.
The Project’s indicative investment cost ranges from P120 to 140 million with a capacity of 500 animal heads/day.
The Project involves rehabilitation, upgrade, operation and maintenance of existing slaughterhouse facility to get at least “Double A” National Meat Inspection Service (NMIS) accreditation for a period of 25 years, subject to the finalization of business case.
The Project will include the repair of damaged slaughterhouse elements, renovation of critical spaces and possible retrofitting of key facilities and other related works.
Potential revenue sources for private sector proponents will come from user fees and may include slaughterhouse fee, corral fee, meat delivery fee/handling fee and slaughter fee.
The Project aims to maximize and increase the existing slaughterhouse capacity to meet the growing demand for meat products in Iloilo City and nearby areas. It also aims to meet a Double “A” level to ensure the provision of adequate, safe and quality meat products for users and consumers.
As part of final stages of project development, the city is conducting this market-sounding activity to solicit insights and feedback on the project terms from interested private sector investors.
The objectives are as follows:
*Provide a brief background and envisioned scope of Project to potential private sector participants;
*Gauge the interest of private sector to partner with city for undertaking the Project as a PPP;
*Determine the level of interest, capability, and experience of private sector including lenders to undertake the Project;
*Identify potential issues or problems that may affect the Project, particularly its viability;
*Obtain insights from private sector, including lenders, on how to make the Project more attractive and bankable; and
*Understand key considerations of private sector regarding their potential involvement in the Project in partnership with city.
Interested parties may contact Mary Rose N. Santillan, Project Development Officer of PPP Center's Project Development Service thru MNSantillan@ppp.gov.ph and Local Economic Enterprise Office head Maricel Mabaquiao thru firstname.lastname@example.org. (PR)