Department of Tourism (DOT) and Tourism Infrastructure and Enterprise Zone Authority (TIEZA)
One of the flagship programs of the Philippine Government, as embodied in the Tourism Master Plan. The resort estate has a total land area of not more than 6,000 hectares, composed of the Municipality of Kaputian which is around 4,000 has. and Talikud Island which is more than 2,000 has. The plan has 20 suitable sites for development wherein 13 sites are located in the southern portion of Kaputian and 7 sites in Talikud Island. The selected sites have the potential to develop 3,000 rooms for hotels, condominiums/apartments, villas and beach bungalow units. It also offers retail, craft, cultural, food and entertainment centers, a two 18-hole golf course and club recreation facilities.
USD 15 Million
Joint-Venture Agreement (JVA)
Ekran Berhad (Malaysia)