HOSPITALITY INVESTMENT CONFERENCE PHILIPPINES 2016 TOURISM INVESTMENT IN THE PHILIPPINES

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1 HOSPITALITY INVESTMENT CONFERENCE PHILIPPINES 2016 TOURISM INVESTMENT IN THE PHILIPPINES

2 TOURISM ENTERPRISE ZONES AND FLAGSHIP TEZS A New Look in Tourism Development

3 R.A Tourism Act of 2009 tourism is indispensable to the national economy, an important catalyst of socioeconomic growth and cultural affirmation in generating investment. Investing in tourism in the Philippines is an important yet crucial step in attaining a positive growth in the national economy and in moving towards sustainable development.

4 What is a Tourism Enterprise Zone? CRITERIA: (1) the area is capable of being defined into one contiguous territory; (2) it has historical and cultural significance, environmental beauty, or existing or potential; integrated leisure facilities within its bounds or within reasonable distances from it; (3) it has or it may have strategic access through transportation infrastructure and reasonable connection with utilities infrastructure systems; (4) it is sufficient in size such that it may be further utilized for bringing in new investments in tourism establishments and services; and (5) it is in a strategic location such as to catalyse the socio-economic development of neighbouring communities.

5 Two Types of TEZ Ordinary TEZ Initiated by the proponent (corporation, LGU/government instrumentality, Joint Venture Corporation) Must be five (5) hectares and has a minimum investment of $5 Million and managed by the private corporation Flagship TEZ The Flagship Tourism Enterprise Zones (Flagship TEZs) is a joint initiative of the DOT and TIEZA to seek out and develop areas in the Philippines with viable tourism potential.

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7 Designated Tourism Enterprise Zones 1. CIUDAD DE VICTORIA in Sta. Maria-Bocaue, Bulacan 2. RESORTS WORLD MANILA in Newport City, Pasay 3. QUEEN s CASTLE in Medellin, Cebu 4. HIJO TOURISM ENTERPRISE ZONE in Tagum, Davao del Norte 5. BRAVO GOLF RESORT AND RESIDENCES in Sibulan, Negros Oriental

8 Designated and Identified Flagship Tourism Enterprise Zones Designated 1. SAN VICENTE in Puerto Princesa, Palawan 2. RIZAL PARK COMPLEX in Manila Identified 1. MT. SAMAT SHRINE in Bataan 2. SOUTH PALMS in Panglao, Bohol 3. KAPIHAN NATURE AND ADVENTURE PARK in Socorro, Surigao del Norte

9 Mt. Samat Shrine of Valor, Bataan

10 San Vicente, Palawan

11 SAN VICENTE FLAGSHIP TEZ DEVELOPMENT PERSPECTIVES

12 SAN VICENTE AIRPORT CONSTRUCTION Municipality of San Vicente, Palawan, Philippines EXISTING 1.6- KM AIRPORT RUNWAY

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14 EXISTING AND POTENTIAL TOURISM ATTRACTIONS Boayan Island A beautiful scenery that appears during low to average tide level only Goes deeper to a lush of tree region Buffers the main island from direct hits of strong waves

15 The clear waters of Daplac Cove in Boayan Island, San Vicente, Palawan

16 Daplac Cove in Boayan Island, San Vicente, Palawan

17 NATURAL TOURIST ATTRACTIONS Municipality of San Vicente, Palawan, Philippines White Sand beaches

18 Sunset in the 14-km Long Beach, San Vicente, Palawan

19 Sunset in the 14-km Long Beach, San Vicente, Palawan

20 Marine Life in San Vicente, Palawan

21 NATURAL TOURIST ATTRACTIONS Municipality of San Vicente, Palawan, Philippines FOREST COVER

22 NATURAL TOURIST ATTRACTIONS Municipality of San Vicente, Palawan, Philippines AERIAL VIEW OF THE FOREST COVER

23

24 EXISTING AND POTENTIAL TOURISM ATTRACTIONS Pearl Farm and Island Clusters Approximately 8 hectares of Pearl Farm Home of the Golden South Pearl. The creation of this pearl takes about 323 precise steps and up to five (5) years of dedicated care Pearls can only grow in healthy environments.

25 EXISTING AND POTENTIAL TOURISM ATTRACTIONS Jiboon Bay Abundant coral reef display being protected by the city government Jiboon Bay is a popular diving spot because of its rich marine ecosystem

26 EXISTING AND POTENTIAL TOURISM ATTRACTIONS Mangroves Area Mangroves protect the coast from erosion, surge storms (especially during hurricanes) and tsunamis Mangroves support unique ecosystems Mangrove river cruise can be developed

27 RIZAL PARK COMPLEX TIEZA Board approved the following infrastructure projects: 1. Green Restrooms 2. Children s Park 3. Promenade (Commercial Area with Parking Facility)

28 RIZAL PARK COMPLEX CHILDREN S PARK

29 PROMENADE RIZAL PARK COMPLEX

30 RIZAL PARK COMPLEX PROMENADE

31 End

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