Megaworld Corp. said it is set to launch at least two more mixed-use communities or townships this year as it continuously ramps up its portfolio of integrated developments outside Metro Manila.
“These new townships, covering more than 300 hectares of land, will be developed in key growth areas in Luzon and Visayas,” the company said in a statement over the weekend.
It did not specify the locations but Megaworld now has 34 townships, 16 in Luzon, six in the Visayas, and two in Mindanao.
“As we work towards helping cities grow their local economies and provide job opportunities, we are focused on further expanding our township portfolio in the regions. These two townships have expansive land areas which will further boost our land bank,” added Lourdes Gutierrez-Alfonso, Megaworld president.
Last year, the company launched four of townships with a total land area of more than 300 hectares, almost similar to what will be launched this year.
These are Lialto Golf and Beach Estates in Lian, Batangas; San Benito Private Estate in Lipa, Batangas; Ilocandia Coastown in Laoag City, Ilocos Norte; and The Upper Central in Cagayan de Oro City, the company said.
“Aligned with Alliance Global Group’s vision on tourism, many of these Megaworld townships are drivers of tourism in their respective locations. We build hotels, museums, resorts, malls, sports and leisure facilities, and many other attractions within our townships to support our country’s tourism industry,” said Kevin Tan, Alliance Global Group Inc., president of AGI, parent company of Megaworld.