MANILA, Philippines - Leading property developer Ayala Land is developing a 100-hectare resort community in El Nido, Palawan.
ALI and its subsidiary Ten Knots Group recently held a groundbreaking ceremony for Lio, which is envisioned to be an "ecologically-sustainable tourism destination."
Lio is located in Barangay Villa Libertad, El Nido, within Bacuit Bay on the west coast of the northern portion of the province of Palawan. The eco-tourism estate will have hotels and resorts, tourism and commercial establishments and residential communities.
"Lio is Ayala Land’s first venture into tourism estate development and is the first master-planned eco-tourism estate in the Philippines," Ayala Land president Antonino T. Aquino said.
Unlike other tourist destinations in the country, Aquino said the entire property is "planned, constructed and managed by one developer with sustainability in mind.”
Aquino said Phase 1 of Lio development involves a 25 hectare-township which will have bed-and-breakfasts, resorts, shops and dining establishments.
"Lio’s character and design are guided by principles of sustainability – developing the land with the least impact to the environment – following the development and thrust of El Nido Resorts, from planning, construction and operations,” AyalaLand Hotels and Resorts Corp. president Junie Jalandoni.
Tourism Secretary Ramon R. Jimenez, Jr. said the Lio eco-tourism development is expected to be “a new jewel of sustainable tourism in the Philippines.”
"In more ways than one, we will find that Palawan and El Nido will become even more, as some people will describe it, as the most beautiful place in the world," Jimenez said.