Coron is a developing tourist destination that will surpass all others when fully developed. It is in the center of the Calamianes Group of Islands that covers the islands of Busuanga, Coron, Culion and Linapacan. The area is endowed with several islands and islets. About 1,000 of the 1,700 islands of the province are located in Northern Palawan of which about 65% are situated in Calamianes.
The major advantage of Coron is that numerous individual islands are privately owned. Planning, development and management will be fully controlled by the resort owners. Coron has a strong municipal government and receives the full support of the provincial government. The municipality is a recipient of the revenues from the Malampaya gas reserves. An amount of P4 billion is allocated primarily to Coron for airport development, road construction, port reclamation, water system and electrification. The municipality is also a recipient of grants from foreign governments.
Major infrastructure development has been started. A modern terminal at the YKA Airport will soon open. The runway is being extended to accommodate Airbus aircrafts of regional flights. Concreting of the 20 kilometer road from the airport to Coron town is soon to be finished. The reclamation project is on-going in Coron town that will accommodate hotels, restaurants, malls and other tourism establishments.