Philippine News Agency
Ormoc to convert 150-hectare eco-park into megacity
Ormoc City has broken ground on a 20-year public-private development project with Premium Megastructure Inc. to transform 150 hectares across Barangays Naungan, Lao, and San Juan into a "City in Nature."
The eco-tourism township prioritizes development that integrates the natural world into the daily lives of residents, adjacent to a 200-hectare protected mangrove area.
The development features residential, commercial, industrial, and institutional spaces.
Mayor Lucy Torres-Gomez envisions Ormoc becoming a Biophilic City, similar to Singapore, and stated that the project aims to enhance the city's unique environment.
The City Government of Ormoc anticipates the project will create employment opportunities and contribute to the city's Sustainable Development Goals.
The local government has yet to announce the cost of investment and other details for the development.
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