AYALA Land and subsidiary Ten Knots Group have broken ground on their Lio resort development in El Nido in Palawan, which has been positioned as an ecologically sustainable tourism destination.
The 100-hectare project is located in Barangay Villa Libertad, El Nido, Palawan, within Bacuit Bay on northern Palawan Province’s west coast, facing the beach on one side and mountains on the other.
In the first phase of development, a township consisting of bed and breakfasts, resorts, shops, and dining establishments will come up on a site of 25 hectares.
Lio will feature hotels, resorts, tourism and commercial establishments, and residential communities blending with El Nido’s natural landscape when completed.
According to Ayala Land president, Antonino T Aquino, Lio is Ayala’s “first venture into tourism estate development and is the first master-planned ecotourism estate in the Philippines”.
He also said that Lio, “unlike other tourism destinations in the country, the entire property is planned, constructed and managed by one developer with sustainability in mind”.
AyalaLand Hotels and Resorts president, Junie Jalandoni, also added: “Lio will further support the thriving tourism industry in the country, and generate employment and livelihood opportunities for the local community. The development will surely boost El Nido’s reputation as a world-class tourist destination.”