Catbalogan Sky City Mega Project gets the nod from tourism investors

From a final list or seven (7) proposals around the country that first underwent a thorough review and coaching before the final pitch earlier today at Diamond Hotel for the 2019 Tourism Investment Business Exchange (TIBEX), Catbalogan City’s Sky City Mega Project stood out strong.

In fact, our very own City Councilor Stephany Uy-Tan who presented the project among panelists of investors and executives was adjudged as the Best Investment Pitch as awarded by officials from the Department of Tourism (DOT) and Price Waterhouse Coopers and on top of that, Councilor Tan was invited by TV Producer, Mr. John Aguilar to the “The Final Pitch Season 5: Real Estate and Livable Cities Edition” show at CNN Philippines.

“Clarity, confidence, and visual appeal that showed the need for the project and how the project seeks to be its solution,” as shared by Mr. Aguilar of The Final Pitch, which is a reality TV show that links entrepreneurs to multi-millionaire and billionaire investors who are searching to own a piece of the next big business idea.

The Catbalogan Sky City Mega Project, which was conceptualized post-Yolanda experience, aims to be a model of localizing the Sustainable Development Goals (SDGs), the New Urban Agenda, and the Sendai Framework to create a resilient, safe and sustainable city.

It is a 440-hectare bundled township project, which the first phase has already rolled out that included the 1.6 hectares lot donation for the construction of the city hall complex; the almost 3 hectares lot for the construction of the The Oriental Hotels of the LKY Group of Companies; road openings and the upcoming road concreting; clearances and soil testings and many others.

The first phase, which is 15.3 hectares out of the 440 hectares project is positioned for investing for building commercial spaces and medium/high-end housing as well for industries on utilities and information technologies.

What makes this project investable apart from the city’s competitive market being the capital of Samar island and the value for money investment through its incentives, is its captivating story — the need for buildable space due to rapid urbanization, the Super Typhoon Yolanda experience that gave valuable lessons on disaster preparedness and the need for resiliency of structures, and how this project seeks to address those.

“Let us hold hands together and step forward together. And together, let us build a resilient, safe, and sustainable city,” as shared by City Councilor Stephany Uy-Tan as an ending pitch.

Catbalogan Sky City Mega Project may have started years before in its conceptualization and its marketing and may have met a few hurdles along the way, but the city believes it is still the right track to making it a reality for all Catbaloganons.

(Photos by Mr. John Aguilar; Report by Ador Hurtado)

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