Tian Yu League is about to build “Modern Eden” on Palawan Island
Palawan is a narrow island in the southwest of the Philippines. Its hot environment and expedition elements have attracted more and more visitors in recent years. This Amazonian jungle inland area is the last piece of ecology in the Philippines. The virgin land, together with more than a thousand islands around it, is called Utopia at sea.
Palawan Island on Mindoro and North Borneo is known as the “Modern Eden” and is the best place in the Philippines for natural and ecological environmental protection so far. It is also called the “last frontier”. Located on the northernmost tip of Palawan Island, El Nido has a diverse natural eغير مجاز مي باشدystem, beautiful white beaches, lagoon, clear water, incredible marine life and steep limestone cliffs are all El Nido’s main attractions.
Tourism in the Philippines is booming and it is expected that the total number of tourists will reach 6 million throughout the year
The Report said that the total investment of 2.4 billion US dollars in Okada (Okada) Resort and Casino has recently opened, Hilton Group in the Asian Mall in Manila Bay jointly developed a 347-room Conrad five-star hotel. As the last pure land in the Philippines, El Nido is now favored by the CEF Day Fellowship Alliance, and all infrastructure construction is about to start on a large scale. This development plan, jointly launched by the Philippine government and the Tianyu Alliance, is expected to غير مجاز مي باشدt 4 billion U.S. dollars! In 2017, the official plan to implement the upgrade in Palawan Island in the Philippines includes the construction of a large-scale integrated casino on the island's only field luxury casino. According to a preliminary estimate by analysts of Deloitte & Touche, the first-year income of CEF Tianyu Integrated Entertainment City will reach US billion! Then there can be a 35% annual growth rate! According to the "Philippine Star" reported on January 9, from January to August last year, the total number of inbound tourists in the Philippines was 4.04 million, an increase of 12.6% year-on-year, and the potential is endless!
The Philippines has seen a rise in the consumer index, improved employment rates and a huge increase in tourism, while personal consumption and investment have grown at the same time. This has led to a 7% growth in the GDP of the Philippines in the whole year, not only ranking the highest in ASEAN, but also surpassing China! At present, the average income of the Filipino people exceeds 3,000 U.S. dollars. The average housing price has risen by around 11% annually. In recent years, a large number of Chinese companies have also attracted investment and development.
“The Philippine side attaches great importance to the Chinese market. We will simplify visa processing, increase direct flights, strengthen promotion and promotion in China, and attract more Chinese tourists to travel to the Philippines. At the same time, the Philippines is increasing infrastructure construction and investment, and welcomes China. Tourism companies went to invest in Philippine," said Philippine Minister of Tourism Wanda.
On October 20, 2016, when Philippine President Duterte visited China, the two parties signed the "Memorandum of Understanding on Tourism Cooperation Memorandum between the National Tourism Administration of the People's Republic of China and the Ministry of Tourism of the Republic of the Philippines (2017-2022)". According to the plan, China and the Philippines will cooperate in the exchange of tourism personnel and management personnel, tourism information exchange, tourism security and quality assurance, tourism training and other aspects.
In this context, industry analysts believe that tourism to the Philippines will usher in a period of rapid growth. It is expected that Chinese tourists visiting Philippine in 2017 will likely increase by 10%. In the long run, China is likely to surpass South Korea and become the country's largest source of foreign tourists. Therefore, related companies can also seize the opportunity to dance in good times and increase investment in the tourism industry in the Philippines.
On October 10, 2017, Mr. John Villasco, CEO of CEF Daydom Alliance, met with Mr. Caesar Montano, the representative of Philippine Tourism Development Department, in Manila to discuss the future development plans of both parties. The Philippine Tourism Development Department has again publicly stated that it will strongly support this large-scale tourism development. And issued a statement clarified that the Philippine Tourism Authority and all departments under the line will cooperate with CEF Tian Yu Alliance sincerely, with the help of a variety of preferential policies, to jointly develop and promote this large integrated resort city project in Palawan Island.
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