Lennie Marquez Yap CALOOCAN CITY, NCR, THIRD DISTRICT (NOT A PROVINCE), NCR - METRO MANILA
Description
The new two-storey Maypajo Public Market and Commercial Complex Project was completed, opened, and became fully operational in the later part of 2015 with the following physical sections:
A total of 324 stall holders/vendo
Implementation
A public bidding was conducted on October 8, 2014, for a joint venture agreement for the construction, management, and operation of the Maypajo Public Market and Commercial Complex, covering a total of 6,226 square meters of
Strategies
Project Modernization of Maypajo Public Market and Commercial Complex became A Joint Venture Agreement between the City Government and Bellagio Holdings Inc. (BHI), as executed on October 22, 2014.
Project Result
The project started to generate PHP6,336,000 annually for the rent of Bellagio Holdings Inc. alone.
The annual average rentof the stall vendors amounts to PHP9,331,200.
An approximate of PHP15 million annually goes to the
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