The Tourism Infrastructure and Enterprise Zone Authority (TIEZA) participated in the recently concluded ASEAN Workshop on Tourism Investment Facilitation and Sharing Best Practices 2023 hosted by the Ministry of Tourism and Creative Economy held on 27 July 2023 at Hotel Merusaka Nusa Dua in Bali, Indonesia.
As one of the panelists to the event, TIEZA Assistant Chief Operating Officer for the Tourism Enterprise Zone Management Sector Atty. Karen Mae G. Sarinas-Baydo presented “The Philippine Tourism Investments” highlighting the future of sustainable investments in the country.
She anchored her discussion on the National Tourism Development Plan 2023-2028 which envisions the Philippine tourism to be sustainable, resilient and globally competitive.
ACOO Sarinas-Baydo shared the learnings from the closure of the Boracay Island for rehabilitation, as a response to the environmental degradation brought about by the negative impacts of unregulated development. Then she introduced the San Vicente Flagship Tourism Enterprise Zone (FTEZ) as the model for sustainable tourism development. The San Vicente FTEZ is an ultimate general leisure destination that features a 14.7-km long unbroken stretch of pristine white sand beach, located in San Vicente, Palawan. With tourism investment consistently growing, both the private and the public sector are determined to make this investment more sustainable. Thus, there is an increasing awareness of the need to conserve the unique natural, social and cultural assets of destinations.
Aside from the Philippines, among other participating countries are Malaysia, Singapore, Laos, and other Southeast and South Asian countries.
The Republic of Indonesia organized the ASEAN Workshop on Tourism Investment Facilitation and Sharing Best Practices 2023 to encourage member states, dialogue partners, and private businesses to share experiences and provide deeper understanding on ASEAN investment climate as well as promote the ASEAN as a single tourism destination. The Vice Minister of Tourism and Creative Economy (Wamenparekraf) Angela Tanoesoedibjo stated that tourism is one of the economic strengths that continues to grow in various parts of the world which creates many jobs and stimulates the economy of local communities. She added that as an effort to develop this sector, more investment is needed to accelerate recovery and strengthen the tourism ecosystem.
The delegates were also given a tour of the Kura Kura Bali Turtle Island Special Economic Zone, a pioneering development based on the Balinese concept of Tri Hita Karana – Three Ways to Happiness – the harmony of Creation, Nature and Culture in all aspects of life. It is a vision of an Island of Happiness offering a sustainable ecosystem for a thriving international creative community, in the pursuit of the Sustainable Development Goals (SDGs).#
Interested investors who may want to locate in San Vicente Flagship TEZ may contact our TEZ Management Secretariat at 8249-5900 local 724 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.
