By Monch Henares

The Panglao Shores Press Launch was held on January 12, 2023 at the South Palms Beach Resort in Panglao, Bohol. From (L-R) RJ Ledesma - Program Host,  Hope Uy - Chief Executive Officer Panglao Shores,  Atty. Karen-Mae Baydo - Asst Chief Operating Officer TIEZA,  Bill Barnett - Managing Director C9 HotelWorks. Photo: Monch Henares

Philippine conglomerate Alturas Group unveiled a bold new vision for development on the island of Bohol with the launch of Panglao Shores, a 25 billion pesos (USD477 million) investment in a once-in-a-generation 50-hectare mixed-use project conceptualized by global leaders in sustainability and master-planning. 

The creative project was born from humble beginnings. The pandemic created many challenges for businesses and led to hardship and layoffs. Alturas on the other hand retained all their staff, however, repurposing them into sometimes unfamiliar roles as they built South Farm to support local communities. 

Everyone, from the management team to the resort staff including food & beverage and housekeeping personnel, made an effort and got their hands dirty at farming, fish culture, furniture making, weaving, mural painting, pottery, and other odd, but very inspiring farm jobs. After 6 months, they all found their hand labor niche and became masters in what they set out to do.

One of the lakes at South Farm is home to Tilapia and Bangus. Photo: Monch Henares

Over time, it became a sustainability incubator, a place to meet, practice, experiment, cultivate resources, plant trees, and store materials such as recycled wood. It evolved into a place that simply and most meaningfully represented the essence of the inclusive culture and community ethos of the Alturas. South Farm was to become the inspiration for the entire Panglao Shores development which marks sustainability, community, and local culture as its guiding principles. 

Hope Uy - CEO Panglao Shores welcomes the press to South Farm. Photo: Monch Henares 

The success and spirit engendered at South Farm left a deep impression on the Alturas Group. It was founded in Bohol by the Uy family, and from this seed, a wider vision for the future was developed with the help of London-based sustainability experts, XCO2, and master planners SCSY whose head office is located in Singapore.

Hope Uy, CEO of Panglao Shores poses for the media. Photo: Monch Henares 

“It was an epiphany for us, a real moment of awakening,” said Hope Uy, CEO of Panglao Shores. “The realization was that here was an opportunity to create a generational product, inspired by Bohol, on a scale that would enable a fully-integrated community to flourish with sustainability at its core,” she added.


Low-density, mixed-use development infused with the nature of Bohol. Image: Panglao Shores

The result is a low-density, mixed-use development infused with the nature of Bohol, created for domestic and international buyers, integrating six hotels and resorts, 37,000sqm of retail and commercial space, over 1,000 residential units, and an international medical facility, while seamlessly weaving sustainability and social responsibility into the fabric of the project and the wider destination.

This will be surrounded by facilities and amenities, including commercial and retail, residential villages, a convention center, co-working spaces, international hotels and resorts, and a beach club. Image: Panglao Shores

Conceived by Panglao Bay Premiere Parks & Resorts Corp. (PBPPRC), a subsidiary of the Alturas Group of Companies (AGC), the project is located on the southern coast of Panglao, just off the coast of Bohol, and is a flagship project under the Tourism Infrastructure & Enterprise Zone Authority (TIEZA), which are designed to deliver outstanding economic and social benefits to their destinations. 

At the heart of the project are the Town Square Retail Mall & Night Market. Image: Panglao Shores

At the heart of the project are the Town Square Retail Mall & Night Market, a vibrant indoor-outdoor hub of shopping, dining, and entertainment with live performance areas, garden walkways, and courtyards. This will be surrounded by facilities and amenities, including commercial and retail, residential villages, a convention center, co-working spaces, international hotels and resorts, and a beach club all entwined with lush greenery and natural walkways.

Building sustainable tourism. Image: Panglao Shores

International eco-building standards and materials have been incorporated throughout, such as high-performance glass, natural ventilation, and solar harvesting, along with smart technologies, electric transport, water treatment, waste reduction, and the removal of all single-use plastics. Local vendors are supported to sell crafts. Native farmers and fishing communities have been built into the supply chain. Children’s education is supported and coral reefs are protected.

New South Palms Resort Phase One is currently under construction. Image: Panglao Shores

Construction of the 188-room New South Palms Resort is currently underway in Phase 1 with completion scheduled for 2024. Bohol is one of the most exciting destinations for investment and tourism in the Philippines. The island is served by the Panglao Bohol International Airport.

The master plan. Image: Panglao Shores

Panglao Shores promotes a relaxing beach lifestyle. Image: Panglao Shores

Panglao Shores is a beachfront development on the south coast of Panglao Island in Bohol, Philippines. Image: Panglao Shores

For more information about Panglao Shores, please visit 


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