The island of Palawan is regarded as the most beautiful destination anywhere in the world. Each year, Palawan generates hundreds of millions of dollars in total revenue thanks to the large number of tourists who come to visit its pristine waters.
Now, Palawan provides travelers with yet another exciting destination to visit: a paradise stretch! San Vicente!
With the recent completion of San Vicente Airport, San Vicente has created a convenient new access point to El Nido. This first-class municipality, which is on its way to becoming the Philippines’ newest source of pride as a world-renowned tourist destination, provides visitors with a one-of-a-kind experience by fusing together nature, culture, and contemporary lifestyle all in one location. San Vicente is a world-class destination that welcomes tens of thousands of tourists annually as well as a number of business investors. Existing island resorts, pension houses, telecommunications providers, and energy suppliers are contributing to the expansion of existing businesses.
The San Vicente Flagship Tourism Enterprise Zone is going to be developed on an area of land that is 883 hectares in size and is situated along San Vicente’s Long Beach. Its one-of-a-kind 14.7-kilometer coastline boasts the Philippines’ longest stretch of white-sand beach at this point. The San Vicente Flagship TEZ is seen as a driving force behind the expansion of the entire municipality as a whole.
The development of the Flagship TEZ will be guided by green sustainable development principles in order to guarantee economic growth, sustainability, environmentally friendly urbanism, agricultural tourism, and the empowerment of the local community.
The San Vicente Flagship TEZ is envisioned as a robust tourism hub that provides visitors with a variety of options and amenities, all of which highlight the natural and cultural assets of the surrounding area. The development will be segmented into four growth centers that are each dedicated to a different theme.
Ecotourism, beach and sun will be the primary focus of the first cluster. The high-income market will be the focus of the developments in this area, with a particular emphasis on rest and relaxation, retirement tourism, nautical eco-tourism, agricultural tourism, and beach activities.
Cluster 2 will become the epicenter of mid-income markets’ access to adventure marine sports and entertainment options. Opportunities for investment in dining, retail, and adventure facilities are concentrated in this area.
The indigenous peoples of San Vicente can be found living in Cluster 3. This area is going to be developed not only for commercial establishments but also for agricultural tourism.
Cluster 4 will be developed for the high-income market, and this will be the area that is most desirable for incredibly opulent resorts.
Priority center for the development of the TEZ is the 14.7 kilometer long section of Long Beach in cluster one. Here, beach resorts, mountain resorts, second homes and retirement villas, Agri-tourism areas, business hotels, community centers, parks and recreation areas, mixed-use commercial establishments, and a boat dock are all scheduled to be built in the near future. More than 160 000 guest rooms are required to accommodate the anticipated number of visitors to the cluster 1 destinations. Additionally, the investment that is being made for the development of the TEZ will act as a catalyst for the overall growth of San Vicente. The government will provide funding for fundamental aspects of the infrastructure, and it may also provide financial inducements to entice private investment.
The San Vicente Flagship Tourism Enterprise Zone presents a wide variety of fascinating opportunities.