P4.2 B to Redevelop Subic Golf Course
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Written by Loren
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Monday, 29 September 2008 |
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With full country amenities planned, South Korean and Filipino joint venture announced that they were allotting $48 million or about P 4.2 B for the redevelopment of golf course in Subic Bay Freeport.Benjamin John Defensor, president and chief executive of Hanafil Golf and Tour Inc., said that the firm wanted to turn the 18-hole golf course into an all-weather championship course. Hanafil won public bidding for the project held earlier this year after the Subic Bay Metropolitan Authority (SBMA) took over the operation of the Subic Bay Golf and Country Club last year. Defensor said that Hanafil's commitments included putting up additional 9 hotels, building a hotel and some villas and improving the driving range at the Subic Bay Golf and Country Club. |
