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Manila Bulletin devider Business devider Trade & Industry devider Hann Philippines' ₱17-billion property gets special economic zone status

Hann Philippines' ₱17-billion property gets special economic zone status

Published Sep 1, 2025 04:03 pm
(HPI photo)
(HPI photo)
South Korean-led investment firm Hann Philippines Inc. (HPI) has signed an agreement with the government to reclassify its soon-to-rise property in New Clark City as a special economic zone, making it more attractive for investors.
In a statement, the Philippine Economic Zone Authority (PEZA) announced that it has signed a supplemental agreement with HPI to register Hann Reserve as a mixed-use special economic zone.
Previously classified as a tourism economic zone, it will now be integrating manufacturing, agro-industrial, tourism, and information technology sectors under one roof.
The PEZA said this reclassification will enable Hann Reserve to attract a “wider range of investors” to the 450-hectare luxury estate development.
Formalized last Aug. 19, the PEZA said this agreement reaffirms the agency’s commitment to attract investments and shape future-ready ecozones.
“This reclassification of Hann Reserve ushers in a new era of ecozone development, one that fuses industry, innovation, agriculture, and tourism into a single, sustainable engine of growth,” said PEZA Director General Panga.
Based on its website, Hann Reserve is envisioned to be a future home for exclusive and ultra-luxury villa residences and condominium towers.
Surrounding this residential area will be a mixture of lifestyle commercial centers, casino, international school, hospital and a 10-hectare curated public park.
The estate will feature three 18-hole championship golf courses, as well as international luxury hotel brands such as SO/, Sofitel and Emblems by Accor, and The Luxury Collection and Westin by Marriott International.
Last year, HPI’s parent firm Hann Holdings Inc. announced that it is allocating ₱17 billion for the development of the Hann Reserve’s first phase.
According to PEZA, Hann Reserve will soon emerge as the country’s latest world-class destination, where industries, agriculture, technology, and tourism converge.
“Once operational, the project is expected to create new investments, generate quality jobs, and unlock opportunities for local communities—anchoring Pampanga as a premier growth hub in Luzon,” the agency said.
“Beyond harnessing the country’s global investment competitiveness, this initiative strengthens PEZA’s mission of ecozoning the Philippines towards inclusive, balanced, and sustainable growth, with the countryside at the heart of progress,” it added.

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Philippine Economic Zone Authority (PEZA)
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