Korean-Filipino company is investing $ 48 million for the redevelopment of Subic’s 18-hole golf course into an all-weather championship fairways and to provide full-blown country club amenities in the Freeport.

Benjamin John Defensor, president and chief executive officer of Hanafil Golf & Tour, Inc., said the firm’s multi-million development commitments include putting up additional nine holes, constructing a hotel and some villas, and improving the driving range at the Subic Bay Golf and Country Club.

Defensor said the project is scheduled for completion within six years as the redevelopment would be done in phases following requests by club members to keep open the existing golf course while additional holes are being constructed.