My Photo
Location: Philippines

I want to be a student forever ... but onLy if I receive an aLLowance.

View blog authority

free counters

Locations of visitors to this page


Add to Google Reader or Homepage

Add to My AOL

Subscribe in NewsGator Online

Add to netvibes

Subscribe in Bloglines

Your Ad Here

Cebu Pacific starts Manila-Busuanga service today

PAL re-launches Cebu-Osaka flights

Cebu Pacific set to publish monthly On-Time Perfor...

DOT eyes more tourists from France and Russia

Eng Bee Tin

Binondo Church

Quiapo Church

Sta. Cruz Parish Church

Far Eastern University

Blogbank Blogger Party

Ang Sa Wari Ko
All About Life
April Heart
Being Myself
Budget Shopping Galore
Dear Me
Did You Know That!
Discovering Pinas
Doodles are artworks, right?
Eat. Drink. Dance. (Reapeat)
Empowered Mom
Enjoy Life To The Fullest
Filipina Writes The Best Pinay Blog Ever
Flipflopping My Way Around Town
Foodie Station
Hiraya: Endless Story
Hot News Alert
Just Jhosel
Just The Tip Of The Iceberg
Kitchen Recipes by Chelle
Let's Talk Your Head Off
Life on a Pencil
Living The Expat's Life
Memoirs of a Pinay in America
Music Picks
Musings of a Vicks Inhaling Man
My Gossip Girl
Pinay Ads
Phillipine Travel Promos
Places, People, Events, Good Food And My Life
Random Thoughts
Samantha's Own
Shed Life
Simply ME
Style and Relax
The Accidental Teacher Meets The Daydream Believer
The Buzz Today
The Life of a Breadwinner
The Trixie Ison Blog
World Buzz Today





My BlogCatalog BlogRank
Join Pinay Bloggers' Forum
blogarama - the blog directory
Pinoy Bloggers Society (PBS)
Travel & Leisure - Top Blogs Philippines
Philippines Blog Directory
Travel Blogs - Blog Catalog Blog Directory
Travel Blogs - Blog Top Sites
Join My Community at MyBloglog!

Your Ad Here

DOT endorses P430-M Palawan investments

Sunday, October 12, 2008
MANILA (PNA) - The Department of Tourism (DOT) has endorsed new investments worth P430 million to the Philippine Economic Zone Authority (PEZA).

The said projects include new resort villas from stakeholders Vauban Holdings, Inc., Salamanca Holdings, Inc., Almonavides Holdings, Inc. and Sugihara Holdings, Inc.

The investors are endorsed to PEZA for registration as locators under Presidential Proclamation No. 1179, at Pamalican Island Tourism Economic Zone (PITEZ), at Barangay Manamok, Cuyo, Palawan.

On top of the P9.1 billion endorsed investments for the first half of the year, the added projects were hailed by Tourism Secretary Joseph "Ace" Durano.

"The ongoing crisis is a welcome opportunity for us as foreign investors are looking for more cost-efficient investments," Durano said.

The strategic location of the Philippines, coupled with exotic attractions, that can't be found anywhere else in the world are also major reasons why multinationals view the country as a viable investment destination, added Durano.

On the other hand, DOT Undersecretary for Planning and Promotions Eduardo Jarque Jr. also pointed out the country's special advantage which is its people.

"Aside from naturally exuding friendliness and charm, Filipinos' technology-driven and English-speaking capabilities make them a valuable tourism resource," Jarque said.

Pursuant to the master plan of the main developer, Seven Seas Resort and Leisure, the locators will individually construct triple A Class Resort Villas consisting of four rooms, a living pavilion, service building, and swimming pool, to provide accommodations and facilities in the tourism economic zone, cited Jarque.

Pamalican, site of the high-end Amanpulo Resort, belongs to the Cuyo group of islands in Sulu Sea, between Palawan and Panay. It sits on top of a seven square-kilometer coral reef, making it a popular diving destination. (PNA) DCT/LBV

Special thanks to Onyib and zoe_girl18 for the great pictures.



lovely shoots and sana hindi rin masira ng mga dayuhan good investment nga but i do hope it won't be abused like boracay :c

nature is beautiful when it's natural and not touched and abused c:

Monday, October 13, 2008 12:09:00 AM  

Sobrang daming tao na kasi sa Boracay kya unti-unti ng nasisira... i just hope it won't happen to Palawan.
Thanks for the comment iceah!

Monday, October 13, 2008 3:03:00 AM  

Post a Comment

<< Home