By Manila Standard Business
Published on http://www.manilastandard.net/business/transport-tourism/286484/tieza-invests-p1-billion-in-boracay-island.html on January 29, 2019.
The role of the Tourism Infrastructure and Enterprise Authority in rehabilitating Boracay and addressing the perennial flooding in the island tops the agency’s accomplishments for 2018.
“We are proud that Tieza is helping make Boracay a sustainable tourism destination. Through this, generations of tourists will benefit from a cleaner and waste-free island,” Tieza chief operating officer Pocholo Paragas said.
“We are fully committed to complete long-term engineering solutions which will permanently address the problems that beset Boracay,” he said.
Tieza invested more than P1 billion to address the flooding problem in Boracay when they implemented Phase II of the Boracay Water Drainage Project.
The construction period was shortened to two years instead of the original seven years. The implementation of Phase II is expected to be completed by end of 2019.