Lhuillier to develop resort in north Cebu

By: Aileen Garcia-Yap June 08,2015 - 03:41 PM

Safari resort in Carmen completed in 2 years

Cebuano pawnshop tycoon Michel J. Lhuillier is eyeing to develop properties in Sogod and Borbon towns in northern Cebu into a resort.

“Now I’m looking for the best partners for this project. There is no specific timeline yet but we really would like to invest in this business,” he said.

Lhuillier said at least P200 million would be needed to develop the properties. He said he owns about 2,000 hectares in the two towns.

He said the project would boost the tourism industry and complement a 100-hectare safari that he is also developing in another property in Carmen town, also in the north.

“This will be an addition to Cebu’s tourism product and will entice more travelers to come here,” he said during the signing of a partnership between M. Lhuillier Financial Services, Inc. and Air You Go Travels Philippines. (See related story) Lhuillier said the safari resort would be completed in two years.

They have been transporting animals into the Carmen property. The safari will feature lions, giraffes, camels and tigers, among others.

The project, once completed, is expected to create at least 1,000 jobs in Cebu, according to Lhuillier. Lhuillier is president of M.  Lhuillier Financial Services, Inc., touted as the largest non-bank financial services company in the country with over 1,800 branches.

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

Read Next

Disclaimer: The comments uploaded on this site do not necessarily represent or reflect the views of management and owner of Cebudailynews. We reserve the right to exclude comments that we deem to be inconsistent with our editorial standards.

TAGS: Borbon, Borbon town, Carmen, Carmen town, Cebu, Cebu City, Cebu Daily News, Cebuano, M. Lhuillier, northern Cebu, pawnshop, Philippines, Sogod

We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.