The government-owned Philippine International Convention Center (PICC) is set to become the countryâ€™s largest convention and exhibition venue when it completes its expansion in a few years’ time.
The expansion will involve the construction of an adjacent eight-storey building that will be completed over the next three years.
The board of directors of Bangko Sentral ng Pilipinas (Central Bank of the Philippines), which owns PICC, has approved the construction. The multi-storey building will provide 30,000m2 of exhibition area on the first three floors and about 50,000m2 of office space â€“ a steady source of income â€“ on the upper five floors.
Previously in November 2018, PICC was on the lookout for extra land to expand.
This will make PICC â€“ currently with just 4,300m2 of space â€“ the largest convention centre in the Philippines, PICC’s general manager Renato B Padilla shared with TTGmice on the sidelines of the 7th Summit of the Philippine Council for Associations and Association Executives last week.
He added that this expansion will help to address the lack of large-scale venues in the Philippines. Padilla also shared that the building will be “modern and intelligent”, and will be able to cater to international trade exhibitions.