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  • RA 9593 Tourism Enterprise Zones

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    A Tourism Enterprise Zone (TEZ) is a designated contiguous area under the Tourism Act of 2009 that has historical, cultural or touristic significance, is easily accessible via transportation, and is sufficiently sized at either 5 or 50 hectares depending on if it is private or flagship. TEZs are classified into different types like cultural heritage, health and wellness, ecotourism, and general leisure zones to promote viable areas for tourism investments that require a minimum of $5 million.

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    A Tourism Enterprise Zone (TEZ) is a designated contiguous area under the Tourism Act of 2009 that has historical, cultural or touristic significance, is easily accessible via transportation, and is sufficiently sized at either 5 or 50 hectares depending on if it is private or flagship. TEZs are classified into different types like cultural heritage, health and wellness, ecotourism, and general leisure zones to promote viable areas for tourism investments that require a minimum of $5 million.

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    © All Rights Reserved
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    11 views3 pages

    RA 9593 Tourism Enterprise Zones

    Uploaded by

    Team Baydo
    A Tourism Enterprise Zone (TEZ) is a designated contiguous area under the Tourism Act of 2009 that has historical, cultural or touristic significance, is easily accessible via transportation, and is sufficiently sized at either 5 or 50 hectares depending on if it is private or flagship. TEZs are classified into different types like cultural heritage, health and wellness, ecotourism, and general leisure zones to promote viable areas for tourism investments that require a minimum of $5 million.

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    TOURISM ENTERPRISE ZONES

    Viable Areas of Investments


    What is a TEZ?
    Under The
    “Tourism Act of 2009”
    • One contiguous territory

    • Historical and cultural significance;


    touristic value or potential
    integrated leisure facilities within
    its bound
    • In a strategic location with easy
    access to transportation and
    utilities
    • Sufficient in size
    • Private TEZs = 5 hectares
    • Flagship TEZs = 50 hectares

    • Minimum investment cost of USD


    5M
    Classification of TEZs

    • Cultural Heritage Tourism Zone


    • Health & Wellness Tourism Zone

    • Ecotourism Zone

    • General Leisure Tourism Zone

    • Cruise Tourism Zone

    • Mixed Use Tourism Zone

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