Drilon’s ‘Midas touch’


Not a few people raised their eyebrows last Sunday when Senate President Franklin Drilon boasted that by this time next year, the City of Iloilo will be inaugurating the P1 billion state of the art Convention Center at the Iloilo Business Park of MegaWorld.

It’s not because they doubted that the Convention Center will indeed by completed by then. The construction of the project has commenced on a 1.6-hectare lot at the heart of the old Iloilo airport in Mandurriao. The reaction was triggered by the amount mentioned by the Senate President as the project cost — P1 billion.

How did the project cost escalate to P1 billion?

When the project was announced back in February 2012, the estimated cost for the convention center was only P350 million. Then in the middle of 2013, the figure rose to P400 million. Towards the last quarter, it had become P470 millon. (The approved budget for the contract as advertised by DPWH was P478 million).

And now Drilon announced the total cost is P1 billion!

Nobody has bothered to tell the people the reasons for the creeping increases in cost estimates, and now this giant leap.

Perhaps it’s the product of Drilon’s “Midas touch”. It’s the same phenomenon that was observed in other infrastructure projects he initiated for Iloilo City. Of course, everybody knows the rise in prices isn’t the result of a legitimate increase in the cost of construction materials. The overprice goes to a bank account that is getting fatter and fatter and fatter every day.

It doesn’t end there. Just this morning, it was reported over RMN 774 (as disclosed by Atty. Pistong Melliza on Facebook) that the convention center, once completed and operational, will be turned over to a private entity for the management and supervision. Does this mean the government will not earn anything from its bloated P1 billon investment?

About Manuel "Boy" Mejorada
Manuel "Boy" Mejorada is a journalist and social media activist. A former Iloilo provincial administrator, he is now waging a crusade against corruption and narco-politics.

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