Destinations News & Events

TIEZA introduces its FTEZ project: Panglao Shores

Invites potential public and private investors

Panglao Shores, a designated Flagship Tourism Enterprise Zone (FTEZ) of the Tourism Infrastructure and Enterprise Zone Authority (TIEZA), is a 57.70-hectare development land that aims to be an integrated resort destination in the Philippines offering world-class establishments, facilities, and services. It is the longest stretch of white sand coastline held by a single property on the island of Panglao—boasting a 1-km-long beachfront.

Envisioned to showcase responsible, sustainable, and socially responsive resort development, the Panglao Shores shall offer mid to top-tier facilities and luxury branded hotels.

On 12 January 2023, Panglao Shores was launched by the Bohol-based conglomerate Alturas Group of Companies, through its subsidiary Panglao Bay Premiere Parks and Resorts Corporation together with the Tourism Infrastructure and Enterprise Zone Authority (TIEZA).

Panglao Shores, being situated in Bohol—the next business destination in the country, is expected to offer a wide variety of investment opportunities for tourism-oriented projects and activities to cater services to tourist visitors in the province.

As a developing investment environment, Panglao Shores is encouraging prospective investors to explore and evaluate the potential of its area, and ultimately consider to locate their projects or activities inside the Flagship TEZ.

Ongoing Development

Due to its immense tourism and commercial development potential, Panglao Shores will open developments for new hotels, condominiums, international resorts, retail and beach club, and residential and commercial development in its area to elevate the status of Panglao as a premier global destination.

To date, Panglao Shores is home to one of the well-established resorts in Panglao, Bohol, the South Palms Resort and Spa, and has now started developing its extension facilities for South Palms II, set to open by the first quarter of 2024, which is part of the first of its 3-phase development project.

According to its operator, phases 2 and 3 will start their construction in the subsequent years and is expected to be fully operational in 2032.

Investment Opportunities

Panglao Shores will undergo three (3) phases of development of its facilities. The TEZ Operator is looking for interested investors or locators with tourism-oriented enterprises that focus on the development of the following projects and/or activities:

Phase 1

Commercial/Retail Mall

Phase 2

International Resort A and Condominium Hotel A
International Resort B and Condominium Hotel B
Beach Club
Residential Village

Phase 3

Commercial/Retail Expansion
South Palms Resort Expansion
International Resort C and Condominium Hotel C
Condominiums and Hotels
Premium Residential Village

Invest Now

Interested investors may contact TEZ Management Secretariat at 8249-5900 local 722 or e-mail them at and You may also follow them on Facebook at and on LinkedIn at

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