ILOILO CITY — Former Iloilo City mayor Jed Patrick Mabilog has defended the 2012 joint venture agreement (JVA) for the Iloilo-Guimaras Ferry Terminal Services at Parola Wharf, arguing that the project is beneficial to the city and aligned with sound economic principles.

Mabilog's statement comes after the current city administration, under Mayor Jerry Treñas, announced plans to renegotiate the JVA, citing provisions that are allegedly disadvantageous to Iloilo City.

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