Century Properties Group Inc (CPG), the listed upscale property firm of former ambassador Jose EB Antonio, has set aside P20 billion to develop a 56-hectare integrated resort project in Palawan in the next 10 years.

CPG said in a statement it has signed a memorandum of agreement for its acquisition of 56 hectares of prime property in San Vicente, Palawan, which is projected to be the next “world-famous” destination in the area.

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