New Tourism Investments

About 28 new tourism projects worth PhP36.3 billion have been endorsed by the Department of Tourism for fiscal incentives from the government.  Once these projects are completed, some 15,567 jobs are expected to be generated.  The bulk of new investments, amounting to PhP 29 billion are in the Tourism Economic Zones. These include the Eagle Entertainment City, Bagong Nayong Pilipino Entertainment City, Embarcadero de Legaspi, Akean Resorts and Ilawod Estate Tourism Economic Zone.