We want you to know more about what we do through our Flagship Tourism Enterprise Zones (FTEZ) Project.

In this series, we will introduce our Flagship TEZs and we will list down its investment opportunities for potential partnership with public and private investors, and everything else that you need to know about each one of them.

Let’s start with Panglao Shores!

Panglao Shores

 Description: Panglao Shores, a designated Flagship TEZ of TIEZA, is a 57.70-hectare development land aims to be an integrated resort destination in the Philippines offering world-class establishments, facilities and services. It is the longest stretch of white sand coastline held by a single property in the island of Panglao—boasting a 1-km long beachfront.

Envisioned to showcase responsible, sustainable, and socially responsive resort development, the Panglao Shores shall offer mid to top-tier facilities and luxury branded hotels.

TEZ Operator: Panglao Bay Premiere Parks and Resorts Corporation
Location: Brgys. Bolod and Tawala, Panglao Island, Bohol
Total Land Area: 57.70 hectares
Classification: Mixed-use Development

Launch of Panglao Shores

 

On 12 January 2023, Panglao Shores was launched by the Bohol-based conglomerate Alturas Group of Companies, through its subsidiary Panglao Bay Premiere Parks and Resorts Corporation together with the Tourism Infrastructure and Enterprise Zone Authority (TIEZA).

Panglao Shores, being situated in Bohol—the next business destination in the country, is expected to offer a wide variety of investment opportunities for tourism-oriented projects and activities to cater services to tourist visitors in the province.

As a developing investment environment, Panglao Shores is encouraging prospective investors to explore and evaluate the potential of its area, and ultimately consider to locate their projects or activities inside the Flagship TEZ.

On-going Development

Due to its immense tourism and commercial development potential, Panglao Shores will open developments for new hotels, condominiums, international resorts, retail and beach club, and residential and commercial development in its area to elevate the status of Panglao as a premiere global destination.

To date, Panglao Shores is home to one of the well-established resorts in Panglao, Bohol, the South Palms Resort and Spa, and has now started developing its extension facilities for South Palms II, set to open by the first quarter of 2024, which is part of the first of its 3-phase development project.

According to its operator, phases 2 and 3 will start its construction in the subsequent years, and is expected to be fully operational in 2032.

Investment Opportunities

 Panglao Shores will undergo three (3) phases development of its facilities. The TEZ Operator is looking for interested investors or locators with tourism-oriented enterprises that focus on the development of the following projects and/or activities:

Phase 1

• Commercial/Retail Mall

 Phase 2

• International Resort A and Condominium Hotel A
• International Resort B and Condominium Hotel B
• Beach Club
• Residential Village

 Phase 3

• Commercial/Retail Expansion
• South Palms Resort Expansion
• International Resort C and Condominium Hotel C
• Condominiums and Hotels
• Premium Residential Village

Opportunities are ripe for the taking,

INVEST NOW!

 Interested investors may contact our TEZ Management Secretariat at 8249-5900 local 722 or e-mail us at tez.secretariat@gmail.com and tez.secretariat@tieza.gov.ph. You may also follow us on Facebook at www.facebook.com/tezmgmt and on LinkedIn at www.linkedin.com/in/tezmgmt