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| Author: | Lopez, A. |
| Title: | From backwater to fantasy isle |
| Journal: | Asiaweek
1996 : FEB 2, VOL. 22:5, p. 38-41 |
| Index terms: | TAIWAN PHILIPPINES INVESTORS |
| Language: | eng |
| Abstract: | After a near-death experience, a Filipino-Chinese tycoon makes an audacious move. By rights, says Tan Yu, he should have died more than a year ago. In 1994, the Filipino- Chinese tycoon was admitted to the Hermann Medical Center in Houston for a kidney transplant. Now in his 60s he has nigh blood pressure, a quadruple heart bypass - and a new mission. Tan Yu wants to transform two Philippine islands he owns , Fuga and Barit, into the "Hong Kong and Hawaii of the 21st century". The Fuga Island Project is meant to jump-start the economic development of northern Philippines. |
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