BAGUIO CITY — The City Development Council (CDC) has approved in principle the proposed redevelopment of the Baguio City Public Market with an upfront cost of P4.5 billion under the Public Private Partnership (PPP) program.
Following a public consultation on Feb. 20, the city council has referred the proposal of SM Prime Holdings Inc., holder of the original proponent status (OPS), to the CDC which initially discussed the proposal on Feb. 21.
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