Premiere Horizon taps Leechiu for Puerto Princesa hub

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(ABS-CBN News)

MANILA - Premiere Horizon Alliance Corp on Monday said its subsidiary signed an agreement with consultancy firm Leechiu Property Consultants for its tourism hub in Puerto Princesa.

Under the memorandum of agreement, the Leechiu will be the exclusive marketing agent of West Palawan Premiere Development Corp's 850-hectare development, Premiere Horizon told the stock exchange.

Tourism opportunities in Palawan are not fully tapped given increasing arrivals at the newly renovated international airport that has been receiving direct flights from Taiwan, China and Korea, it said.

Global hotel brands are interested in Western Palawan's beach front property in Nagtabon, 30 minutes from the Puerto Princesa International Airport.

West Palawan is expected to generate more than P500 million in revenue next year from lot sales and development, Premiere Horizon said.

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