1,000-room hotels to rise inside CJH
>> Tuesday, August 20, 2013
By Dexter A. See
BAGUIO CITY -- The Camp
John Hay Development Corporation (CJHDevCo) said it is inclined to pursue the
putting up several hotels having a total of 1,000 rooms in order to contribute
in making the country’s Summer Capital the Convention Center in Northern Luzon.
Alfredo Yñiguez, CJHDevCo
executive vice president and chief operating officer, said the completion of
the 208-room Forest Lodge will augment the 187-room CJH Manor thereby resulting
to increased accommodation facilities inside the 247-hectare John Hay Special
Economic Zone (JHSEZ).
“We are here to stay and we will
continue to pursue our plans to make our leased area a world-class tourism
center for the sake of uplifting the status of Baguio City as the prime
convention center north of Manila,” Yñiguez stressed, citing that after the
full completion of its Forest Lodge, CJHDevCo will start the putting up of
another 200-room hotel until it will be able to complete its planned 1,000-room
hotels inside the leased area.
Aside from the putting up of new
hotels inside John Hay, Shean Bedi, CJHDevCo senior vice president for
marketing, said the developer is also planning to put up a flower garden in an
area of around 16,000 square meters which will showcase flowers that are
endemic to Baguio city and the Cordillera.
Furthermore, Bedi added an
eco-theme park will also be established in a 5-hectare area within the forest
reservation which is capable of hosting cold weather animals in order to help
boost the robust growth of the local tourism industry.
Under the 50-year lease agreement
signed between the developer and the Bases Conversion and Development Authority
(BCDA), CJHDevCo is only allowed to introduce development in an area of not
more than 18 hectares considering that the remaining portions of the leased
area will be maintained as forested areas.
However, Yñiguez revealed that
over the past 17 years, the developer was only able to introduce developments
in an area of around 4.5 hectares, which is only 25 percent of the allowable
area to be developed, because of the continuous breaches of BCDA to their
commitments in relation to the delivery of the areas to be developed and the
sudden withdrawal of their tax incentives within the special economic zone
among other reasons.
According to him, CJHDevCo was
already able to infuse more than P5 billion worth of development and paid
around P1.7 billion in rentals to the government, thus, they will not allow
their hard earned investments to go to waste.
The CJHDevCo official claimed the
volume of development that their corporation has infused in the former American
rest and recreation area only shows their liquidity, thus, the developer is
capable of sustaining the implementation of more than P5 billion worth of
additional development projects to make the facility a world-class tourism
center that will attract the influx of more foreign and domestic tourists.
CJH has a total land area of more
than 686 hectares with only 247 hectares leased by the government for
development.
He assured city officials and
residents that the development of John Hay will continue amidst the challenges
that they are currently facing since it is their commitment to abide with the
lease agreement they signed in October 1996.
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