AboitizLand, Asmara Group, and Foressa Mountain Town Sign Partnership Agreement

AboitizLand, Asmara Group, and Foressa Mountain Town Sign Partnership Agreement for New Bar and Restaurant Development


Asmara Urban Resort and Lifestyle Village, Cebu City - July 17, 2024, AboitizLand and Asmara Group proudly celebrate the signing of a partnership and collaboration for the development of a bar and restaurant in Foressa Mountain Town, a prime investment property located in the West Cebu Estate at Balamban, Cebu.

Foressa Mountain Town is a grand 257-hectare project that prioritizes nature, featuring over 800 species of trees and numerous active areas such as scenic bike and hike trails.

This development is committed to environmental sustainability. It will incorporate eco-friendly practices and green technologies to preserve the natural surroundings and minimize its ecological footprint.

"Today is a significant milestone as we gather with our esteemed partner, Asmara Urban Resort and Lifestyle Village, to unveil an exciting new bar and restaurant experience at Foressa Mountain Town," said Farrah Mayol, SAVP, Customer Reputation Management, AboitizLand.


David Rafael, President and CEO of AboitizLand, expressed his enthusiasm about this venture: "We envision Foressa Mountain Town to have sophisticated points of interest meant for people to converge. The partnership heralds the beginning of activations that will ignite growth and vitality in Foressa. Our shared vision with Asmara, supported by their appreciation of the master plan, is crucial as we shape how Foressa grows and thrives."

The upcoming bar and restaurant, scheduled to open later this year, will feature a blend of local and Italian cuisines and an expertly curated wine selection for the ultimate dining experience. The interior design will embody contemporary elegance while focusing on natural harmony and beauty.

"Our vision is to offer more than just exceptional food and drinks; we want to provide a memorable experience for our guests," said Carlo Cordaro, Founder, Creative, and Lifestyle Director of the Asmara Group. He added, "Our goal is to create a space where guests can immerse themselves in the tranquility of nature while enjoying world-class cuisine and service."

The estate's continuing expansion is poised to transform Cebu's western seaboard and Balamban into a first-class municipality, evolving into a smart, next-generation, and sustainable economic estate complemented by commercial, residential, and institutional uses.

Additionally, the project aims to create significant employment opportunities within the West Cebu Estate, boosting the local economy and providing jobs for the community.


This collaboration between AboitizLand and Asmara Group sets a new standard in eco-luxury, celebrating culinary excellence and environmental stewardship. As AboitizLand marks its 30th anniversary with "30 Years of Thriving," it unveils exciting partnerships, new projects, and international expansions.

This venture at Foressa Mountain Town highlights AboitizLand's commitment to innovative living and sustainability, creating lasting value for residents and customers.

- Russell Bryce Dy