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Blissfully situated on a lush clifftop promontory in an exquisite island destination, our portfolio of ultra-luxury residencies is open for investment opportunities for a very limited time. These properties are conceptualized by a celebrated design studio and constructed in harmony with nature.

Construction Update January 14, 2020Port Expected to Make Palawan a Major Cruise Destination

The Department of Public Works and Highways (DPWH) expects Palawan to become a major cruise destination with the construction of a P1.5-billion cruise port, whose third and fourth phases are targeted for completion this year.

In a statement Tuesday, the DPWH said: “The Puerto Princesa City Cruise Port Facility Project, whose phases 3 and 4 are on-going, is soon (to) put the scenic Province of Palawan in the list of popular international cruise destinations.”

The P1.5-billion project is being implemented by the DPWH’s Region IV-B office.

The project has seven phases, which include the “construction of 500-meter wharf, docking facility, passenger terminal and access road,” the DPWH added.

DPWH Region IV-B Director Wilfredo S. Mallari said that once completed, the facility can accommodate “up to 10,000 passengers.”

The DPWH noted that Puerto Princesa City is home to a UNESCO World Heritage Site, the Subterranean River National Park, also known as the Underground River.

It is said the city also serves as a gateway to other tourist destinations like El Nido, San Vicente and Taytay.

The Department of Transportation (DoTr) said last week that it will formally inaugurate this month the newly-developed Salomague Cruise Port in Cabugao, Ilocos Sur.

The cruise port, which is already in use, serves as an alternate cruise port for Region I as it is located near attractions and beaches in the Ilocos provinces.

Bloomberry Cruise Terminals, Inc. (BCTI), in collaboration with the Philippine Ports Authority (PPA), facilitated the completion of the Salomague cruise port’s terminal facilities.

According to the 2019 Annual Report of the DoTr, the administration has completed a total of 317 commercial and social or tourism port projects.

“The improvement of the nation’s ports (will) boost connectivity and mobility, as well as spur regional growth in trade and tourism,” the DoTr said.

Among the projects completed last year are Davao del Sur’s Malalag Port, General Santos City’s Makar Port, Davao City’s Sasa Port, Bohol’s Tubigon Port, Southern Leyte’s Limasawa Port, and Misamis Oriental’s Opol Port.

Source: bworldonline.com

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© 2023 – This development project is brought by El Nido Beach Resorts Inc., a company duly organized and existing under the laws of Labuan, Malaysia. The project is exclusive to accredited investors and not available to the general public. The information set forth herein is not an offer to sell or a solicitation of an offer to buy any securities. Any person considering a potential investment opportunity featured herein should make their own commercial assessment of an investment opportunity after seeking the advice of an appropriately authorized or regulated financial advisor. This website should not be construed as advice or a personal recommendation to any prospective investor. The following renderings, specifications and any graphic materials described herein are conceptual and for illustrative purposes only. They do not form part of any legally binding contract. The developer reserves the right to modify, revise, or withdraw any or all of the same in its sole discretion and without prior notice or to substitute any of the foregoing with items of similar or better value, in the developer’s opinion. All rights reserved.