A US$50-million hotel is being planned to be constructed on a 1.5-hectare property near the airport in Laguindingan town, Misamis Oriental, Gov. Yevgeny Vincente Emano announced yesterday.
Emano said the plan was disclosed to him by an investor from South Korea who saw the influx of tourists in Misamis Oriental.
“This is a good development. This indicates that Misamis Oriental continues to soar high when it comes to investments, job generation, and economic growth,” Emano said. (pio)