Tieza is looking for investors, partners in 8 tourism assets

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This developed as Tieza projected to collect about P6.85 billion in travel taxes for 2025, up 3.8 percent than the estimated P6.6 billion.

For the Moalboal property, which is around 716,000 square meters, Tieza is eyeing a “business case study,” he said, although the agency earlier tagged it as “ideal for residential and resort development” as the area is a popular dive destination.

Of the proposed budget for 2025, some P2.07 billion will be used for infrastructure projects (roughly 55-percent share), and is a 33.6-percent increase from this year’s infrastructure allocation of P1.55 billion.

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Article Details

Author / Journalist: Ma. Stella F. Arnaldo

Category: BusinessStartups

Markets: PhilippinesJapan

Topics: Boracay Lapid Billion Tieza Infrastructure Property Budget Percent Million) 2025 Tourism

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-20 @ 16:21:00 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 743 words

Reading Time: 5 minutes read

Sentences: 28 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 23139380

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News Last Updated: 13 hours ago

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