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Cavite resort project readied

Posted on June 28, 2012 10:16:48 PM[ BusinessWorld Online ]

RESORT OPERATOR Boulevard Holdings, Inc. has tapped a Singapore-based consultancy to evaluate the master plan of its Puerto Azul project in Cavite for $370,000, a disclosure to the local bourse yesterday showed.

Following a special meeting on Wednesday, the company’s board approved the appointment of Aecom Singapore Ptd. Ltd. to review and update the company’s Puerto Azul master plan for $230,000, and provide economic analysis for $140,000, the disclosure read.

Jose Marcel E. Panilio, Boulevard Holdings chairman and chief executive, was authorized to sign these deals on behalf of the company.

Aecom Singapore is a unit of a global provider of professional technical and management support services in a variety of fields including architecture, building engineering, construction, and design planning, according to its Web site.

Recently, Boulevard Holdings has been scouting for foreign and local partners to develop its 3,000-hectare Puerto Azul resort in Ternate, Cavite. -- Franz Jonathan G. de la Fuente  
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