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The Boracay Convention Center is part of the 79.21-hectare eco-village land in Boracay Island, which the Ayala group owned until June 2003. [6] [8] In 2005 alone, Boracay Property Holdings Inc., has so far invested $6 million or about P336 million to put up the world-class hotel and facilities in the area. [5]
In 2004, only 51 percent of hotels and restaurants in Boracay and 25 percent of all households were connected to the island's central sewage system. In 2005, Boracay was declared a "special tourism zone". In April 2006, Arroyo gave the PTA administrative control over Boracay, to be exercised in coordination with the provincial government.
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