Based on the agreement, the leisure hub and lifestyle community project will involve redevelopment lease of tourism facilities in FAB, aside from the hotel,it includes a club house, a golf course, a shopping center, an auditorium and other amenities.
“The leisure hub project will further improve facilities in the FAB that can spur investments and create new jobs and at the same time provide work-life balance to our locators and the FAB community”, AFAB Chairman and Administrator Deogracias Custodio said.
FAB is considered as the fastest growing Freeport in the country registering the highest growth rate in investments and job generation in the last two years.
The Freeport has more than 70 companies with a strong supply chain in production activities.