Published : Tuesday, March 27, 2012 00:00 [ manilatimes.net ]
Written by : Froilan E. Magtoto
Clark Freeport Zone, Pampanga: Clark Development Corp. President and Chief Executive Officer Felipe Antonio Remollo and top officers of a big Korean firm recently led the ground breaking ceremonies for the construction of a P200-million golf club in a 304-hectares tourism estate inside this former American Air Force base.
The golf club is part of the investment of the Korean firm Donggwang Clark Corp. (DCC) which will pour in $440 million for the construction of a world-class tourism estate, including recreational and leisure projects, inside Clark.
DCC Chair Lee Shin Kun said that the project consists of a 36-hole golf course, clubhouse, condominium with 330 rooms, water park, spa and gymnasium, eco park, business center, stores and function rooms, international school, golf academy and driving range, clinic and drug store, hotel, casino, 500-unit villas and shopping arcade.
Remollo said that the tourism estate project of DCC is expected to be completed by the year 2016 and would employ more than 2,000 workers, not to mention increase the arrival of more foreign and local tourists in Clark.
The leisure community project aims to increase tourism and economic activities in Region 3 (Central Luzon) and create jobs, he added.
The South Korean firm also told Remollo that the commercial building is worth $30 million and will have a 10-story officetel , condotel, hotel and casino. DCC is the Philippine subsidiary of Donggwang Construction of South Korea.
The construction of the officetel will generate about 730 jobs in the area.
DCC currently owns and operates three golf courses and condotels in South Korea.
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