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Cebu town is fast-tracking commercial facility project

[ Manila Bulletin Online ] August 8, 2008

CONSOLACION, Cebu — Consolacion Mayor Avelino Gungob Sr. said yesterday the municipal government is fast-tracking the development of a multi-billion-peso commercial facility here.

Gungob said the feasibility study on the 207.9-hectare reclaimed site for the project, dubbed Civic Center and Tourism Estate, in Cansaga Bay, this town, is nearing completion and will be part of the town’s five-year development plan.

"We are targeting Consolacion as a tourism and IT (information technology) destination in northern Cebu by 2012," he told the Manila Bulletin.

The Civic Center and Tourism Estate, a mixed-use facility, will include the following:

A government center that occupies 20 hectares; another 20 hectares for commercial centers such as shopping malls and casinos; 80 hectares for tourism-related establishments such as theme parks and hotels, including high-rise buildings that cater to IT firms; and an international golf course with an area of 60 hectares.

A particular attraction in the tourism estate will be an array of food stalls that would offer favorite grilled food items and local delicacies.

"This will be our way of helping even the small investors. We might even have this accredited with the Department of Tourism," Gungob said.

He is optimistic that the project and others will be a magnet that can draw multinational investors to the town.

Gungob noted the interest of some foreign investors in the United States, Malaysia, Korea, and Japan to develop the entire project. (Malou Mozo)
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