New hotel to rise in Cebu
A Korean group, which is constructing a 616-room resort hotel complex in Lapu Lapu City, has unveiled its plan to also construct a retirement village and a golf course in the coastal town of Cordova located at the southeastern tip of Mactan Island, Cebu. Phil BXT Corp., a Korean firm led by Yong Jun Park, will pursue the Retirement Home Enclaves and Golf Community Development on a 100-hectare lot in Cordova.