The House of Representatives on Monday approved the third and final reading of the Boracay Island Development Authority Bill (BIDA Bill), wherein a Government-Owned and Controlled Corporations (GOCC) will manage Boracay Island.
The lawmakers officially approved the House Bill 9826, one of the bills that President Rodrigo Duterte regarded as "important," with a vote of 192 affirmative, seven against, and 0 abstentions.
Rep. Eric Go Yap once said that the Island would significantly improve if run under the GOCC and managed by an efficient and professional group that any political actions won't influence.
Although several tourism stakeholders and Aklan officials expressed their opposition to the said bill as they favor the regulatory version of the BIDA bill rather than the GOCC one.
Under the proposal, the Boracay Island Development Authority Bill will become a GOCC that'll manage the developments and rehabilitation of Boracay Island, wherein it will cover the whole Island, including Barangay Caticlan.
The bill also included a Boracay Action Plan geared towards investment sustainability and balanced development in the Island.
Currently, Boracay Island, the jewel and tourism pride of the Philippines, is under the management of the Boracay Inter-Agency Task Force (BIATF).
Earlier, President Rodrigo Duterte extended the BIATF's term until the end of his administration on June 30, 2022, through Executive order 147.