Iloilo Business Park (IBP), also known just as Megaworld among the locals, is a 72-hectare (180-acre) mixed-use master-planned central business district in Mandurriao, Iloilo City, Philippines by Megaworld Corporation. It is located on the site of Iloilo's former airport, Mandurriao Airport, which the conglomerate acquired for 1.2 Billion Pesos from the Philippine national government. Megaworld is projected to pour in ₱25 Billion for the entire development in a span of years. It is an integrated township project featuring a commercial district, a lifestyle mall, office buildings catering to business process outsourcing firms, boutique and deluxe hotels, and a convention center.

Megaworld Corporation is a real-estate company in the Philippines. It is listed on the Philippine Stock Exchange Composite Index. The company develops large-scale, mixed-use, planned communities incorporating residential, commercial, educational, and leisure components. In addition, it provides other services such as project design, construction oversight, and property management. Among its landmark projects is Forbes Town Center, a 6-hectare commercial and residential district in Fort Bonifacio, Taguig, Metro Manila. Another project by Megaworld is the 45-storey Petron Megaplaza office skyscraper, which was the tallest building in the country upon its completion in 1998. Also, last May 31, 2016, Megaworld announced that they will build two more office towers, 10-storey One Republic Plaza, and six-storey Emperador House, in Davao City. The two towers will provide an additional 30,000 sqm of office spaces for lease.