Megaworld to develop P15B beachfront community along Ilocos Norte sand dunes

-Art Dumlao- — October 17, 2024

Megaworld to develop P15B beachfront community along Ilocos Norte sand dunes

Megaworld Corporation is the country’s leading property developer known for creating integrated urban townships that combine residential, commercial, and leisure spaces.


 The Ilocandia Coastown project will combine luxury living, commercial spaces, and tourism-oriented facilities to create a sustainable coastal community, while also generating business opportunities and local employment to boost the province’s economy.


Governor Matthew Marcos Manotoc in expressing his enthusiasm for the project said, “Thank you, Kevin Tan, and everyone at Megaworld Corporation. I look forward to working with you.”


Megaworld’s Chief Executive Officer, Kevin Tan, in a statement said, Ilocandia Coastown is part of the company’s ongoing commitment to building integrated urban communities that spur regional growth. “This is a wonderful start for our group’s investment in the Ilocos Region, particularly in the capital city of Laoag. We see many opportunities in this part of the country, especially in tourism, and we hope to unlock these opportunities through this development.”


“As we invest Php15 billion over the next decade to develop Ilocandia Coastown, we are excited to bring Megaworld’s signature Live-Work-Play lifestyle concept to Northern Luzon. Together, we are creating not just townships, but destinations where communities can truly thrive,” Tan has added.


The entire development will draw architectural inspiration from Filipino and Spanish heritage designs while featuring its own 1.4-kilometer beachfront and an area of sand dunes for which Ilocos Norte is famous for.


Situated strategically next to the Fort Ilocandia Hotel, the project site is approximately 15 minutes from Laoag International Airport and less than 30 minutes from the St. Augustine Church in Paoay town.


According to a study conducted by the Philippine Statistics Authority (PSA) in April this year, the Ilocos Region ranks as the third fastest-growing economy in the Philippines, behind Central Visayas and Western Visayas.


The Provincial Government of Ilocos Norte continues to champion this transformative project through its INVEST Office, actively promoting the province as a prime destination for investment and development, enhancing its appeal for high-end tourism, and attracting further investments to solidify Ilocos Norte's position as a leading destination in Northern Luzon.

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