Boracay Convention Center plenaries in the function rooms. 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. 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. Philippine Department of Trade and Industry Secretary Cesar A. V. Purisima had endorsed the conversion of the eco-village project, into a Tourism Economic Zone (TEZ) to President Gloria Macapagal Arroyo, who issued the presidential proclamation. The Trade department noted the rise in tourist bookings in
Malay, Aklan Malay, Aklan ' , officially the ', (Aklanon: "Banwa it Malay"; Hiligaynon: "Banwa sang Malay"; ), is a in the province of , . According to the , it has a population of people. It is the northernmost town in the island of Panay. The resort island of Boracay is part of the municipality. The municipality of Malay was created in the province of Capiz on June 15, 1949, from the barrio of Malay and surrounding barrios which were then part of Buruanga. The new municipality then included the following barrios: Malay (poblacion, seat of local government), Dumlog, Cabulihan, Balusbos,