MANILA, July 7 (PNA) – The Board of Investments (BOI) has approved the project of Southern Visayas Property Holdings Inc. (SVPHI) for its P560-million investment for the establishment of a high-end beachfront hotel in Boracay.

The hotel, to be called Discovery Shores Boracay, will have five accommodation clusters that will each house 88 hotel rooms designed to provide flexibility to clients.

A standard feature that will set the Discovery Shores apart will be the full height glass partitions in the toilets and baths fronting individual rock gardens giving guests the ultimate feel of a resort hotel.

Once completed, Discovery Shores will hire 105 workers to run the resort.

SVPHI is wholly owned by The Discovery Leisure Company Inc.

Trade Secretary Juan B. Santos said that tourism is one of the big dollar earners in the country.

He said it is for this reason that the government gives incentives to infrastructures specifically hotels that increase the attractiveness of the resorts to both local and foreign vacationers.

“Boracay is one of the most beautiful and sought after beach in the world. By putting in place accommodation facilities, we increase the marketability of our scenic and vacation spots,” Santos said.

The BOI approved the project because it recognizes tourism as a major dollar earner. It also strongly promotes private investments in much needed tourism infrastructure. (PNA)