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
Real Madrid Resort Island different location. The land was never purchased, and construction never started. The developer said the club was considering building the development in Abu Dhabi. In September 2014, Perez confirmed that the club still planned to construct the project in Abu Dhabi stating, "We're getting there. There has never been any economic cost to us. But instead of doing it in a small Emirate, we're trying to do it in a location in Abu Dhabi." Real Madrid Resort Island Real Madrid Resort Island was a proposed sports and amusement park planned by Real Madrid on Marjan Island, a artificial island near