A Korean business group on Thursday officially launched a P1.9 billion water park project in Honda Bay, Bgy. Sta. Lourdes, one of Puerto Princesa City’s main tourist destinations.
The project is located near the City-managed public hot spring. The development features a 15-storey hotel with 367 rooms, private pool villas, restaurants, water parks, hot spa and a hot spring.
City Councilor Matthew Mendoza said the project will help boost Puerto Princesa’s tourism.
He said that the same group of investors have successful hotel projects in Korea, Japan and in Cebu, Philippines.
“So siguro naman, hindi yan basta-basta mag-i invest ng ganyan kalaki kung sa tingin nila walang potential ang city,” he said.
The chairman of the Council’s Committee on Tourism said that the project is timely.
“Ngayon natin kailangang-kailangan ng ganitong klaseng project,” he added.
Mendoza also noted that the project is not affected by the problem of mercury contamination reported in Honda Bay since it is far from identified contaminated areas.
“Ang high concentration naman ng mercury nasa pit lake, at hindi sa lugar nila direktang pumupunta ang tubig from Tagburos River,” he said.
City officials said the project has a target completion period of two years.
The ground breaking was attended by the Imperial Palace Cooperation executives and city government officials led by Mayor Lucilo Bayron .