Special Tourism Zone
On August 3, 2007, by Executive Order 647, President Gloria Macapagal-Arroyo declared Nasugbu, famous for its white sand beach resorts, a special tourism zone, mandating the formation of a private sector-led "Nasugbu eminent persons group" to oversee development. The Nasugbu Special Tourism Zone will cover areas included in the Nasugbu Tourism Development Plan prepared by the municipal government and validated by the Philippine Tourism Authority (PTA). SM Investments Corp. (SMIC) plans to construct a 59 km² resort, the Hamilo Coast, at the NSTZ. Within the property is Mt. Pico de Loro, a national park. SMIC will also establish a ferry service from the Manila Bay terminal of the SM Central Business Park in the Mall of Asia to Hamilo Coast, due to be operational by 2008.
Read more about this topic: Nasugbu, Batangas
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