CEBU, Philippines - Korean investors are interested to put up tourism-related businesses in Cordova town citing its good potential for doing business.
Bong Hwan "Charlie" Cho, president of Cebu Korean Association, Inc. told The FREEMAN that at present, a considerable number of Koreans are wanting to invest in the town.
Cho, the son-in-law of Cordova Mayor Adelino Sitoy, said that those Koreans who signified their interest were engaged in businesses related to tourism.
He cited the potential of a marine sanctuary in Gilutungan Island to attract more visitors to visit in the town.
In preparation for the influx of tourists, Cho said the municipal government of Cordova will put up a tourism center.
Earlier, Mayor Adelino Sitoy said that tourists provide big contribution to the town's annual income.
The mayor hopes that it will continue this year with the increasing number of tourists, most of them Koreans.
He assured that the municipal government will provide them the basic services and security while in the town. — (FREEMAN)