Senate President Franklin Drilon announced the fort will be transformed into a new government complex. An agreement between Iloilo City, city government, Iloilo City Mayor Jed Patrick Mabilog and the National Housing Authority will pave the way for the construction and completion of the new complex.
“This MOA signing is part of the urban renewal of Iloilo City, and an undeniable proof of the city’s growth, which has been made possible over a remarkably short period,” Drilon said.
BSP will construct a new Western Visayas Regional Office at Fort San Pedro in agreement to the assistant and financial options needed by the city.
A large issue with building the complex is a way to relocate about 350 informal settlers in the Fort San Pedro area. The NHA said they would partner with MOA to find housing for the families who will be affected.
“Under the MOA, the BSP will be providing approximately 70 million pesos to provide houses for 277 informal settler families in the property, while the NHA will add 18 million pesos more to cover for the additional 73 informal settler families which were not part of the original families surveyed,” Drilon said.