Hotel Midori [ hot | pro ]

First P2-billion hotel to rise in Clark


CLARK FREEPORT—A P2-billion hotel will rise here in 2014 and it’s touted to be the first of its kind in Central Luzon.

Owners of the Hotel Midori Clark, led by Taiwanese businessmen Jack Yam and Tony Wang, on Thursday led the groundbreaking ceremony for the five-star hotel, which will be built on a 2.5-hectare property on Kalayaan Street, Clark.

Bong Alvaro, a Filipino partner of the two Taiwanese businessmen, said they will have one extra hectare of land for the future expansion of the hotel, which is expected to hire 600 workers in its initial operation late next year. The construction already started last month, he said.

A group of Chinese investors is also reportedly part of the establishment of the Hotel Midori.

Sen. Aquilino Pimentel III, Clark Development Corp. (CDC) President and CEO Arthur Tugade, Mayors Marino Morales of Mabalacat City and Edgardo Pamintuan of Angeles City graced the groundbreaking ceremony. The hotel site is near Mimosa Leisure Estate and Fontana Leisure Parks.

In his speech, Pimentel welcomed the new investment in Clark and vowed to support the development of the Freeport in Pampanga.

Tugade, who assumed his post in December last year, described the hotel “as a shining moment for Clark.” He disclosed there will be more investors in Clark in the later part of the year.

Morales said, “it’s a welcome development for Clark and it will generate more jobs.”

The CDC said in its latest report that there at least 70,300 workers at Clark.

Pamintuan echoed the statements of Morales. “We must provide them with the jobs they need,” he said.

Residents of both cities dominate the total number workers at the freeport.

Alvaro said the first phase of the hotel’s construction would end within 13 to 15 months. But they would need another five months for the second phase of Hotel Midori, he added.

The 4,500-hectare freeport has close to 600 locators, as of latest data from the CDC.


Source: http://www.businessmirror.com.ph/index.php/en/news/top-news/11968-first-p2-billion-hotel-to-rise-in-clark