News

TIEZA offers assets for joint ventures with private sector

MANILA, Philippines — The Department of Tourism (DOT) has opened its infrastructure and investment agency’s assets to public-private partnerships (PPP) in a bid to attract private investments and fasttrack tourism growth. “The Tourism Infrastructure and Enterprise Zone Authority (TIEZA) board approved the inclusion of all TIEZA assets and tourism enterprise zone (TEZ) dev...

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TIEZA assets opened to public-private partnership: DOT

MANILA -- Tourism Infrastructure and Enterprise Zone Authority (TIEZA) assets have been opened to a public-private partnership as part of the government's bid to attract private investments and fast-track tourism growth in the Philippines, the Department of Tourism (DOT) announced Thursday. The TIEZA Board chaired by the DOT, in its meeting held Tuesday, approved the inclusion of all T...

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Government selling top tourism assets

https://business.mb.com.ph/2019/10/10/government-selling-top-tourism-assets/   "> The government is bidding out some of the country’s top tourism assets, including two losing operating properties namely Club Intramuros Golf Course (CIGC) and Balicasag Island Dive Resort (BIDR) in the last quarter of this year. The Tourism Infrastructure and Enterprise Zone Authority...

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Sta. Lucia showcases Negros project

LISTED Sta. Lucia Land Inc. (SLI) announced on Friday that it recently opened its P500-million mixed-use development at Barangay Rizal, Silay City, Negros Occidental. In a filing with the local bourse, the listed property developer said that the 67-hectare (ha) La Alegria Residential Estates, which it described as the “Paris of Negros Occidental,” is the second project development o...

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Sta. Lucia beefs up land bank in Davao, Zambales

STA. LUCIA Land, Inc. (SLI) continues to expand its land bank with the planned acquisition of more than 100,000 square meters (sq.m.) of land in provincial areas. In a disclosure to the stock exchange on Wednesday, the listed property developer said its board of directors has authorized the firm to acquire parcels of land spanning 74,490 sq.m. in Davao; 35,588 sq.m. in Zambales, 917 sq.m. in Ri...

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Vibo Land enters condo business

HOMEGROWN property developer Vibo Land Corp. is venturing into the residential space with its first vertical condominium project, the 15-story West Jones Residences. Vibo Land is earmarking P1 billion to erect the high-rise tower with 307 residential units. Gerardo Borromeo, president of Vibo Land, said they want to capture the student market in the city as the project is in close proximity...

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