http://http://business.inquirer.net/money/topstories/view/20080616-142978/Packer-to-invest-15B-in-casino-venture----PAGCOR
Packer to invest $1.5B in casino venture -- PAGCOR



Agence France-Presse
First Posted 15:41:00 06/16/2008


MANILA, Philippines -- Australian gaming and media tycoon James Packer is expected to sign a $1.5-billion deal to build a hotel and casino resort in the Philippines, an official said Monday.

Dodie King, spokesman for the government-run Philippine Amusement and Gaming Corporation (PAGCOR) said he expected a deal would be signed with Packer "within the next few weeks."

Packer's resort will form part of a $20-billion project which PAGCOR hopes will turn 120 hectares (297 acres) of reclaimed land on Manila Bay into one of Asia's biggest gaming destinations on par with Macau.

PAGCOR, which regulates and issues gaming licenses in the Philippines, unveiled the multi-billion dollar project in April and has attracted interest from around the world.

King confirmed media reports that the Packer deal was being negotiated through Bloomsbury Investments, which already paid a deposit of $100 million for a 1,700-room resort and convention complex.

"I cannot say anything at this stage as talks are continuing," King told AFP.

"But we do expect that a deal will be finalized within the next few weeks."

Four other companies have reportedly expressed interest in the project: Japan's Aruze Corp., Genting Berhad Group from Malaysia and Star Cruises, and SM Investments Corp. of the Philippines.

So far, only Genting has been granted a license to operate a casino.

It is expected that companies investing in the project will spend up to $3 billion each building hotels, casinos, entertainment complexes and a golf

^^ I wonder how the hotel and casino gaming resort of Bloomsbury will look like. Of all the qualified investors, the Australian group's proposal is the least publicized and least discussed in terms of details and renderings. Aruze with their Manila Eye and oceanarium, as well as their ties with Wynn, seems to have the most exciting project. Genting, with their hollywood type amusement park, is also up there. I think the Australian group may just spring a surprise and come up with a very awesome project to rival or even surpass its co-investors.

Welcome to Thread 2!!!






Link to Thread 1 (http://www.skyscrapercity.com/showthread.php?t=454400)

‎

This thread has already reached more than 1,000 posts... let’s go on to Thread 2 (http://www.skyscrapercity.com/showthread.php?t=454400). :)




:lock:

Regarding Aruze...Wynn said on his investor conference call that he wont really be involved in this project...Also Bartstrife - your #983 was copied from my website, so you should always give credit where credit is due.

waaa i'm very sorry di ko lam seyo pala yun since nung time na yun nag reresearch talaga ako about this project? don't worry this you'r point and i am giving this credit for you! :nuts: ang need ko lang naman ehh yung Pagcor news.
i am really excited and happy the announcement of mr. packer for intending to invest in the project cost of $1.5B in the Pagcor.

@GlobalCasinoBoom
waaa i'm very sorry di ko lam seyo pala yun since nung time na yun nag reresearch talaga ako about this project? don't worry this you'r point and i am giving this credit for you! ang need ko lang naman ehh yung Pagcor news.

I am really excited and happy the announcement of mr. packer for intending to invest in the project cost of $1.5B in the Pagcor.

Sorry for double posting!

http://www.abs-cbnnews.com/storypage.aspx?StoryId=121932

Australian gaming magnate to invest in RP casino
Agence France-Presse

Australian gaming and media tycoon James Packer is expected to sign a 1.5 billion dollar deal to build a hotel and casino resort in the Philippines, an official said Monday.

Dodie King, spokesman for the government-run Philippine Amusement and Gaming Corporation (PAGCOR) said he expected a deal will be signed with Packer "within the next few weeks."

Packer's resort will form part of a 20 billion dollar project which PAGCOR hopes will turn 120 hectares (297 acres) of reclaimed land on Manila Bay into one of Asia's biggest gaming destinations on par with Macau.

PAGCOR, which regulates and issues gaming licenses in the Philippines, unveiled the multi-billion dollar project in April and has attracted interest from around the world.

King confirmed media reports that the Packer deal was being negotiated through Bloomsbury Investments, which has already paid a deposit of 100 million dollars toward a 1,700-room resort and convention complex.

"I cannot say anything at this stage as talks are continuing," King told AFP.

"But we do expect that a deal will be finalized within the next few weeks."

Four other companies have reportedly expressed interest in the project: Japan's Aruze Corp, Genting Berhad Group from Malaysia and Star Cruises, and SM Investments Corp of the Philippines.

So far only Genting has been granted a licence to operate a casino.

It is expected that companies investing in the project will spend up to three billion dollars each building hotels, casinos, entertainment complexes and a golf course.

pagcor city is heating up!

I can't wait until construction starts! I really hope that each of the four major resorts will have their own outstanding qualities that set themselves apart from each other. To be honest, the description of Bloombury/SM Holdings's project sounds the least interesting to me. I hope they prove my wrong.

I hope and pray this is not all hot air. Would be a great tourism addition they just need to keep it all pegged up there in the bay city area so all the vices don't affect the rest of MM.

On a sad note...
http://www.gmanews.tv/story/101547/Packers-Crown-denies-it-is-in-advanced-talks-for-Pagcor-project


Packer's Crown denies it is in 'advanced talks' for Pagcor project
06/17/2008 | 09:36 AM

Email this | Email the Editor | Print | Digg this | Add to del.icio.us MANILA, Philippines- Australian hotel operator Crown has denied newspaper reports linking it to a $1.5-billion investment in a Philippine Amusement and Gaming Corp. casino and resort project.

In a statement dated June 16, Crown said neither it nor its executive chairman James Packer are in "advanced talks" to build a casino resort in the Philippines as part of Pagcor's Bagong Nayong Pilipino-Integrated Manila Bay City project.

However, Crown clarified that its predecessor, PBL, had entered into talks with Bloombury for Crown's potential involvement in Bloombury's bid to secure a casino-operating license for the Pagcor project.

"PBL assisted Bloombury to lodge an indicative, non binding proposal with... Pagcor. The commercial arrangements between Bloombury and Crown are still not finalised," Crown said.

The South China Morning Post, quoting Pagcor president Butch Francisco, on Monday reported that Packer is set to sign the license to build and operate a sprawling hotel in the project. Pagcor spokesperson Dodie King later confirmed the report to local media.

The license will go to Bloombury Investments Ltd., a British Virgin Islands-registered company, which is one of the four approved contractors for the Pagcor project.

Crown, and Packer, are denying ownership of Bloombury, despite several reports that allege that he is the "undisclosed owner" of the investment firm.

"Neither Crown nor Mr. Packer is or ever has been an owner of Bloombury Investments Limited, one of the four firms reported as seeking new casino licenses in the Philippines. Neither Crown nor Mr. Packer has entered into any binding agreements with regard to the project being referred to in the media or any other project in the Philippines," Crown said in the statement.

The Australian casino operator further said that it is now reviewing any future involvement in the Philippine venture. - GMANews.TV

^that $ucks big time :(

^^Nah. Must be the network war between ABS and GMA. That's why they negate each other's news. Hehe. On a more serious note, at least now Crown is reviewing a possible investment in the Philippines despite denying its involvement in Bloomsbury.

Report: Australia’s 3rd richest man expected to sign $1.5-B casino deal in RP
06/17/2008 | 12:47 AM

Email this | Email the Editor | Print | Digg this | Add to del.icio.us MANILA, Philippines - James Douglas Packer, the third richest man in Australia, is expected to sign a $1.5-billion contract for a hotel and casino resort project in the Philippines, according to a report from Radio Australia on Monday.

The report said the government-run Philippine Amusement and Gaming Corporation expected that the deal would be signed with Packer “within the next few weeks."

It said the project would occupy 120 hectares of a reclaimed land on Manila Bay that would be turned into Asia’s biggest gaming destination.

Packer and Stanley Ho’s son, Lawrence, are under the joint venture Melco PBL that owns and controls the $540-million Crown Macau Casino. The venture was formed in 2004, while the casino was opened in 2007.

Lawrence runs the Hong Kong-listed Melco Entertainment. Packer is the executive chairman of Publishing and Broadcasting Limited that owns some television stations in Australia.

Stanley Ho, known as the “King of Gambling" in Hong Kong and Macau, used to own about nine casinos in the Philippines in the 1960s. He left his business in the country due to conflict with the government.

In 2005, he tried resuming business in the Philippines through building a $600-million floating casino and restaurant in Manila Bay. However, the project failed to operate after it was vehemently opposed by religious and civil society groups. - ARCS, GMANews.TV

hoping it will pushed thru....

^ good!! sucks for GMA7

Packer in Talks for Philippine Casino, South China Post Says

By Luzi Ann Javier

June 16 (Bloomberg) -- James Packer, an Australian gaming and media magnate, is in talks to build a $1.5 billion casino resort in Manila, the South China Morning Post reported, citing a Philippine government official.

Packer's Bloomsbury Investments submitted a $100 million deposit toward a planned 1,700-room resort and convention complex that may include a 1,000-room hotel under Packer's Crown brand, the newspaper said, citing Philippine Amusement and Gaming Corp. President Rafael Butch Francisco. Philippine Gaming is the state regulator that issues casino licenses.

The Australian businessman is in talks with the Alvarez family, who own Columbian Autocar Corp., a distributor of cars and buses, the Hong Kong-based, English-language newspaper said.

To contact the reporter on this story: Luzi Ann Javier in Manila at ljavier@bloomberg.net

------------------------------------------------------------------------------------

Crown denies Packer's role in Philippine casino project Print Katherine Jimenez | June 17, 2008
JAMES Packer's role in a proposed $1.5 billion casino development in the Philippines now appears to be on a knife edge, following his office's denial of speculation yesterday that a deal was only weeks away from being finalised.

The South China Morning Post said Mr Packer, executive chairman of Crown, was in advanced talks with a company called Bloombury to sign a deal to build a $1.5 billion casino resort in the Philippines.

That followed a statement by a spokesman for the government-run Philippine Amusement and Gaming Corp (PAGCOR), Dodie King, saying he expected a deal will be signed with Packer "within the next few weeks."

But last night, Crown issued a statement hosing down the extent of its involvement in the project, saying that neither Mr Packer nor Crown was in advanced talks to build a $1.5 billion casino and that neither had entered into any binding agreements.

Crown clarified its position by saying that the commercial arrangements between Bloombury and Crown "are still not finalised" and that any potential investment in the project would involve "minimal equity on the part of Crown."

Crown also made the point of saying it was "currently reviewing the nature and extent of any involvement with the Philippines Casino proposal", which suggests a veiled threat to pull out altogether. However, if the deal goes ahead, it will be Mr Packer's first casino development in Asia outside Macau. Japan and Thailand are also said to be target markets for Mr Packer, who has wasted no time forging a global casino empire since the demerger of Publishing and Broadcasting Ltd.

His casino and gaming company, Crown Ltd, has secured two footholds in the key US market -- the Cannery Casino Group, which operates four casinos in Nevada and Pennsylvania, and a 19.6 per cent stake in US Fontainebleau Resorts. Fontainebleau is reportedly planning a $US2.8 billion casino development.

However, key to his global aspirations is Asia. That has so far been limited to Macau, after missing out on the last casino licence in Singapore in late 2006.

The Bloombury resort will form part of a $20 billion project, which PAGCOR hopes will turn 120 hectares of reclaimed land on Manila Bay into one of Asia's biggest gaming destinations.

Japan's Aruze Corp, Genting Berhad Group of Malaysia, Star Cruises, and SM Investments of the Philippines are said to be interested in the project.

Additional reporting: AFP

Let's hope that construction will start by the end of Thread 2! :D

Thread 3: Construction Updates Galore! :banana:

Ano bayan ang daming conflicting reports regarding kay Packer!

Ano bayan ang daming conflicting reports regarding kay Packer!
^^
mga kalaban sa business ang mga iyan...

For big ticket investments there's lots of press and pr management, so you have to read a lot between the lines.

I hope to see some hard investment announcements, as in announced by the stock exchange soon. These are disclosure types of announcements and are legally required for public information of public companies.

^^ Speaking of the Stock Exchange, there was a recent spike in the price of CYBR (Cyber Bay Corporation) in a very bearish market. No disclosures yet though.

hehe madaming chismis siguro, you know these brokers they just love to gossip on anything that might affect share price

the suspense is killing me!

when are they going to start moving...
anything...

:horse:

JP

Pagcor to the rescue! Watch out Macau!
By Likha Cuevas-Miel, Reporter
http://www.manilatimes.net/national/2008/june/22/yehey/top_stories/20080622top2.html

MOVE over Macau and Singapore, the newest Asian entertainment hub is rising in Manila.

Seeing that the country sorely lacks a recognizable tourism marketing point—like Singapore’s Sentosa or Hong Kong’s Disneyland—the Philippine Amusement and Gaming Corp. (Pagcor), led by its Chairman and Chief Executive Efraim C. Genuino, hatched a plan to convert a reclaimed area of Manila Bay into a bustling world-class entertainment center.

Called the Bagong Nayong Pilipino-Entertainment City Manila, the 108-hectare project is envisioned to be a fully integrated resort complex to be built in various phases over the next 10 years. According to Pagcor, this will allow the state-run firm to shift from “mere casino gaming into wholesome, family-oriented recreation and entertainment business.”

The project has been noticed internationally because it pits the Philippines against Macau as a gambling center and against Singapore as an entertainment, cultural and convention destination.

Bagong Nayong Pilipino-Entertainment City Manila can offer more than just gambling (Macau) or just theme parks (Sentosa, Singapore). For our capital is the gateway to the other tourist attractions in the country like miles of pristine white beaches with crystal blue waters, which Macau and Singapore don’t have.

Entertainment City would serve as a jump-off point to other tourist haunts in the Philippines or it may stand alone as the focal point of a visitor’s stay.

According to Pagcor’s blueprint, the entertainment complex along Manila Bay will be divided into specialized areas featuring six-star hotels, world-class theme parks, educational and cultural complexes. It will also have shopping malls, a commercial district, sports stadiums, celebrity-themed restaurants, convention halls, state-of-the-art theaters, gaming facilities, residential villages, and a hospital district.

However, the religious sector has opposed the project. Churchmen see it as a massive scheme to promote gambling and corrupt the population.

Genuino defended the project. He said Entertainment City is not a gambling paradise for the casino is just small part of the whole package.

“In a big hotel with 2,000 to 3,000 rooms, the casino component is very small. With the 40 hectares, you will not build a casino in more than one hectare. For every 40-hectare of development, only less than 5 percent is casino. The good thing here is we were able to secure the [commitment of the] biggest theme park [operator] in the world,” the Pagcor chairman told the press.

Attracting big-name investors

Pagcor managed to amass huge investment commitments—at least $8 billion—from some of the region’s biggest leisure and resort players. Genuino confirmed that biggest investors would be the Genting group of Malaysia and the Japanese Aruze group, the partner of US casino mogul Steve Wynn. Each investor pledged to spend at least $3 billion to help build Entertainment City.

Both groups also expressed their intention to start building this year and open their respective facilities to the public two years from now, Genuino said.

The Genting group tied up with local conglomerate Alliance Global Group Inc. (AGI), a publicly listed firm owned by Andrew Tan, for the project. The partnership is forged between Genting’s Star Cruises Ltd.—the world’s third largest cruise operator—and AGI’s subsidiary, Travelers International Hotel Group Inc.

Kingson U. Sian, AGI president and chief operating officer, said that the terms of the partnership with Star Cruises are still being threshed out but he is positive that the capital injection of both companies would go beyond the minimum requirement of US$1 billion by the government. AGI recently secured a provisional license from Pagcor, the first among the four groups to get it.

Based on proposals submitted to the gaming regulator, the Malaysian group is planning to put up a theme park over a 35-hectare area it would lease from the government. Genting is the franchise holder of Universal Studios theme parks in Asia, one of which is under construction in Singapore. It also poured about six billion Singapore dollars into an integrated resort on Sentosa Island.

The Japanese group, on the other hand, proposes to build the country’s biggest Ferris’ wheel dubbed as the “Manila Eye” that is similar to that of London.

Aruze also plans to build a sports arena, a theater, a museum that would host displays of religious icons, and a 2,500-room hotel and casino. It also plans to trump the existing Manila Ocean Park by building the country’s biggest oceanarium within its leased domain.

Kazuo Okada, Aruze group chairman, told reporters in a recent gaming expo in Manila that the concept is still up for approval by the government with various licenses and zoning permits yet to be secured. A Pagcor source who refused to be named told The Manila Times that rumors of Aruze’s lack of commitment to the project were not true. “It’s just that they are waiting for a few details to be ironed out. Besides AGI-Genting, Aruze is the most serious group in plunking down money for the project,” the source said.

Bloombury Investments Ltd., a British Virgin Islands firm, also plans to lease 15 hectares and inject at least $1 billion for a project that would include three luxury hotels with a total capacity of 1,500 rooms. The plan also includes a high-end retail shopping, celebrity-themed dining, a showroom and museum, and a major entertainment and sports center. Pagcor said in a statement that these plans are based on initial talks only and are yet to be finalized.

However, Bloombury still has to get its act together before it can push on with its application for a license with Pagcor. The Australian reported that entertainment and gaming firm Crown Ltd. denied that its chairman, James Packer, was in “advanced talks” with the British Virgin Islands company for a possible investment in the Entertainment City. Packer, who also heads Publishing and Broadcasting Ltd. (PBL), is Australia’s third richest man.

The third investor is the SM Investments Corp. (SMIC), one of the country’s biggest conglomerates that made its fortune in malls, retailing and real estate. Tessie Sy-Coson, SMIC vice chairperson, said the SM group’s commitment to the Pagcor initiative involves its own investments within the Mall of Asia (MOA) Complex that it owns. SMIC recently engaged hotel services provider Carlson Hotels Worldwide-Asia Pacific to manage Regent and Radisson branded hotels within the complex.

She said a casino may be in the works but nothing is definite yet. Another publicly listed firm, Belle Corp., may get into the picture and join the SM group in the casino part of its plans. However, Willy N. Ocier, Belle Corp. vice chairman, said things are still sketchy and everything is still under review.

The Pagcor source told The Times that a racing circuit is also in the works to bring the Formula 1 Grand Prix in the Philippines. The F1, which is the most popular and well-financed motor racing sport in the world, already has Grand Prix circuits in Malaysia and Singapore.

A huge boost to Philippine tourism

Over the next five years, the Pagcor project would host at least 7,000 hotel rooms and generate at least 250,000 jobs for Filipinos, most of whom will be employed as construction workers, hotel staff members and entertainers. The Entertainment City is also expected to remit at least 25 percent of its total revenues—in the form of leases and franchise and income taxes—generated within the complex to the government treasury.

Before the Entertainment City can be a “distinctive tourist destination” that the government hopes it would be, there are several things that should be done first. One of these should be the improvement in the marketing of the Philippines as a premiere destination.

Observers polled by The Times say that the government’s marketing efforts pale in comparison with Malaysia’s branding of “Malaysia, Truly Asia” or with the tourism campaign of the tiny city-state of Singapore.

Last year, the Philippines only managed to attract 3.08 million foreign visitors, an anemic number compared with the 25 million tourists that visited the small Chinese territory of Hong Kong. With the Entertainment City in the horizon, the government hopes to catch a fraction of the projected 100 million Chinese tourists that will be traveling abroad by 2010 and the continuous flow of Asian travelers like Koreans and Japanese.

Before that, the government must prepare for the influx of tourists by building more roads and airports to accommodate them. An efficient transport system, comparable with that of other Asian countries, must be put in place to make Manila tourist-friendly.

^thanks for the awesome article

wow what a great article, i am really excited the Pagcor City to be built immediately next year.

hi!, a newbie here,..

u can watch this,.

http://www.youtube.com/watch?v=VxUFomkd0n8

<object width="425" height="344"><param name="movie" value="http://www.youtube.com/v/VxUFomkd0n8&hl=en"></param><embed src="http://www.youtube.com/v/VxUFomkd0n8&hl=en" type="application/x-shockwave-flash" width="425" height="344"></embed></object>

i just happened to visit this vid,. it's very informative to those who are interested in this project.

;D

Cool! Thanks for that link! First time I've seen a video of what the Tourism City will look like. :banana:

hehe, it's nice watching that vid,.. i'm kinda thrilled when i saw that in youtube, i also saw a vid of another project in pasay, the WEST MARINA BAY project,. but i guess i need to ask permission to the thread master(is that right? haha) first before i put the link,.. only if you're interested of course,..

:D:banana:

wow...great video... kaw ba ang gumawa nyan or net find lang?

nope, nakita ko lang, better thank the uploader, hehe

hi!, a newbie here,..

u can watch this,.

http://www.youtube.com/watch?v=VxUFomkd0n8

<object width="425" height="344"><param name="movie" value="http://www.youtube.com/v/VxUFomkd0n8&hl=en"></param><embed src="http://www.youtube.com/v/VxUFomkd0n8&hl=en" type="application/x-shockwave-flash" width="425" height="344"></embed></object>

i just happened to visit this vid,. it's very informative to those who are interested in this project.

;D

OMG Thanks:banana:

VxUFomkd0n8

oh wow, that looks gorgeous.
a monorail direct to the airport? wow!

and i'm more excited for the theaters, museums and cultural centers.

BUT then again, the name... it's too long :|

the possibilities are endless, because the name is.

http://i225.photobucket.com/albums/dd214/MY_maka_mandag/BNP/a.jpghttp://i225.photobucket.com/albums/dd214/MY_maka_mandag/BNP/b.jpg
http://i225.photobucket.com/albums/dd214/MY_maka_mandag/BNP/bnp005_0001.jpghttp://i225.photobucket.com/albums/dd214/MY_maka_mandag/BNP/bnp005_00011.jpg
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thanks for the youtube vid!

:applause: look at that tower.. nice.

i like the "1 billion people are 4 hrs away" spiel..

^^ Amazing! Massive project! :banana:

ang ganda ng pagcor tower.

Taken from a Pinoyexchange post by "MY_maka_mandag" on the Topic: Planned Universal Studios in Manila

Manila Bay Tourism City Visual Presentation

http://www.youtube.com/watch?v=VxUFomkd0n8

http://i225.photobucket.com/albums/dd214/MY_maka_mandag/BNP/a.jpghttp://i225.photobucket.com/albums/dd214/MY_maka_mandag/BNP/b.jpg
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DANG ! You would think the CEO of PAGCOR is a forumer here!
He LOVES the country. And he's using HIS powers to make it better!

nakakabuang nakaka excite naman.,.. ng gigigil na ako..hahahaha.. grrrrr... sana magawa na yan.. cant wait na talga.. hai.. ^_^

I'm so excited. YEEEEEEEEEEEEEEEHHHHHHHHHHHEEEEEYYYYYYYYYYY!

"1 billion people are just 4 hours away".

That's so true. If we can only attract even a measly 5% of that figure and we can have 50 million tourists already. Dream big MANILA! :banana::banana:

hi!, a newbie here,..

u can watch this,.

http://www.youtube.com/watch?v=VxUFomkd0n8

<object width="425" height="344"><param name="movie" value="http://www.youtube.com/v/VxUFomkd0n8&hl=en"></param><embed src="http://www.youtube.com/v/VxUFomkd0n8&hl=en" type="application/x-shockwave-flash" width="425" height="344"></embed></object>

i just happened to visit this vid,. it's very informative to those who are interested in this project.

;D

Thanks for posting! I'm very excited about this project.

Wow, 3rd version ng pagcor tower, pinagsama ung 1st saka 2nd hehe

Wow! galeng naman, di ba pwede na ang design ng tower ay tulad nung nasa logo ng tourism city na may nakapilipit na parang ahas? thats maybe iconic i think kung lagyan ng ganyan..wala lang just my two cents hehehe.

Pucha, mas lalo akong di makakatulog nito sa excitement. Manila Bay Tourism City, West Marina Bay at pagkadami-dami pang mga projects sa pinakamamahal kong Metro Luzon Urban Beltway!:banana:

nanggigigil na ako sa project na to. haha

thanks guys, hehe, but we should give the credits to uploader of the vid,. hehe
galing nyo nman! pano nyo nalagay ung mga pics galing sa youtube? hehe, sensya i'm a bit stupid when it comes to computers eh, hehe

anyways, i'll just put na lang the link to the WEST MARINA BAY PROJECT,.

here,

http://youtube.com/watch?v=GPxJQSVNt9M

but then, sa youtube ko pa lang nakita yan, i can't seem to find any article about that in google,.

if ever makakuha kayo ng article or anything about that project,. please **** inform nyo rin ako ah, if you don't mind, hehe

hopefully, matupad lahat ng yan,

just be optimistic guys!

Oh My God what a beautiful Video that i never seen before what its look alike in 3d animated video regarding this RP largest and ambitious tourism project, Thanks to uploader of this vid and also the west marina bay i cant wait these project to be seen in the reality!

Did anyone notice the GIANT MAP of the PHILIPPINES,
on the bird's eye view in the VIDEO???

What is that???
Is it like the one in DUBAi,
where you can buy a man made island
and build your own VILLA???
or is it going to be a PARK???

I am interested to know more details
from anyone who might know more
about this.

:horse:

JP

Pasay opens business district in reclamation area

By Julie M. Aurelio
Philippine Daily Inquirer
First Posted 01:12:00 03/07/2008

MANILA, Philippines – A new business district with classy hotels, entertainment centers and docking facilities for yachts and cruise ships is expected to rise in Pasay City’s reclamation area.

Mayor Wenceslao Trinidad signed Wednesday afternoon a memorandum of agreement with the West Marina Bay Development Inc. for the development of idle bay areas or reclaimed shorelines in Pasay.

The P15 billion Pasay Near Shore Development Project is expected to be bigger than the SM Mall of Asia complex that occupies 1.2 square kilometers.

“This MOA is evidence of the confidence of developers in the present city leadership, another big step towards making the city the center of commerce and trade,” Trinidad said.

The project will be developed in three phases on a build-operate-transfer scheme. Each phase will cost P5 billion.

The project will be located just behind the SM Mall of Asia and would cover at least 5 square kilometers, Trinidad said.

“We envisioned this eight years ago. This, apart from what is already in place at the city’s Central Business District, will help us become the prime business and tourist destination in Asia,” the mayor said.

Trinidad signed the contract with Greg Alcera, WMBDI president; Vice Mayor Antonino Calixto and WMBDI officers Mario Concepcion, Alexander Elma, Sheila San Diego and Alvin San Diego.

The project is covered by the city council’s resolution No. 2267 signed Feb. 29, allowing the mayor to appoint any reputable developer as the “integrator and pioneering proponent for the development of existing bay areas near the city’s Central Business District under a Build-Operate-Transfer scheme.”

Yay! may sports stadium din! sana wag nilang tanggalin sa plan yung sports stadium if ever! para makapag concert ang U2 sa pilipinas! :lol:

OT:Hinde natuloy ang supposed concert ng U2 dahil nirequire ang promoter sa pilipinas na ganapin ang concert sa isang sports stadium with a 100,000 capacity oh well

Alliance Global eye tourism complex with Genting

By Elizabeth Sanchez-Lacson
Philippine Daily Inquirer
First Posted 01:06:00 06/24/2008

http://business.inquirer.net/money/breakingnews/view/20080624-144373/Alliance-Global-eye-tourism-complex-with-Genting

Alliance Global Group Inc. said it and Malaysian conglomerate Genting Group were considering investing more than $1 billion in a government-led, multibillion-dollar casino and tourism complex in the 40-hectare Manila Bay reclamation area.

Alliance Global president Kingson Sian said the two companies were working out the terms of a joint venture.

Genting is still doing a due-diligence study of the project, he said.

Sian said the project might consist of a hotel casino within the complex, possibly a theme park and condominium units.

Alliance Global has told the Philippine Stock Exchange that it will sign a joint-venture agreement with Genting’s affiliate Star Cruises Ltd., the world's third-biggest cruise line operator, on the tourism complex of the government casino franchising firm Philippine Amusement and Gaming Corp. (Pagcor).

Alliance Global said its Travellers International Hotel Group Inc. subsidiary would team up with Star Cruises to participate in Pagcor’s plan to build an integrated tourism zone on the 40-hectare property.

The project will house an array of leisure and entertainment facilities, including a theme park, theaters, amusement and cultural centers, retail and gaming centers and hotels, it said.

Alliance Global said Pagcor hoped to attract at least $4 billion in investments from both foreign and local investors and generate about 100,000 jobs once the entire development is completed.

Pagcor recently announced that Travellers had qualified to join in developing its integrated resort project.

In its application to Pagcor, Travellers proposed to build hotels with a minimum of 1,000 rooms spread out over several phases of development. With editing by INQUIRER.net

Wow! galeng naman, di ba pwede na ang design ng tower ay tulad nung nasa logo ng tourism city na may nakapilipit na parang ahas? thats maybe iconic i think kung lagyan ng ganyan..wala lang just my two cents hehehe.

Tapos pwede kang mag-slide pababa don sa ahas thingy na nakapulupot heehehehe! That would be something :lol:

http://businessmirror.com.ph/06242008/companies01.html

Alliance plans to keep control of Travellers
JOINT-VENTURE TALKS WITH STAR CRUISES ONGOING
By Honey Madrilejos-Reyes
BusinessMirror
June 24, 2008

ALLIANCE Global Inc. (AGI), the holding company of business tycoon Andrew Tan, is keen on keeping a controlling ownership in Travellers International Hotel Group Inc., the unit created to participate in the ambitious Bagong Nayong Pilipino Manila Bay Tourism City project of the government.

But if talks for a partnership with Star Cruises, Ltd. materialize, AGI president Kingson Sian said the company is open to a 50-50 joint venture with the world’s third-largest cruise operator.

“Right now we are engaged in an exclusive discussion with Star Cruises. That’s why I cannot elaborate on the details yet. We expect to make an announcement next month,” said Sian.

At this stage, both companies are in the process of attending to other precedent conditions, including the conduct of due diligence and the negotiation of definitive legal agreement.

Travellers was awarded early this month by the Philippine Amusement Gaming Corp. (Pagcor) a provisional license for its application to build a $1-billion integrated leisure and resort development with the City.

Part of the plan is to build hotels with minimum of 1,000 rooms spread out over several phases of development. A casino will also be put up to complement the hotel.

Bagong Nayong Pilipino will sit on a 40-hectare property in the Manila Bay reclamation area and feature leisure and entertainment facilities including theme park, theaters, amusement and cultural centers, retail and gaming centers and hotels.

Pagcor aims to use the Bagong Nayong Pilipino as a catalyst to sustain the growth of the country’s tourism industry. It hopes to attract at least $4 billion in investments and generate about 100,000 jobs once the entire development is fully completed.

In its application with Pagcor, Travellers proposed to build hotels with a minimum of 1,000 rooms spread out over several phases of development.

Alliance Global has reported that its net income surged 84 percent to P910.4 million in the first quarter of 2008 from P494.2 million in the same period last year, citing strong earnings performance of its property arm, Megaworld Corp.

Pasay opens business district in reclamation area

By Julie M. Aurelio
Philippine Daily Inquirer
First Posted 01:12:00 03/07/2008

MANILA, Philippines – A new business district with classy hotels, entertainment centers and docking facilities for yachts and cruise ships is expected to rise in Pasay City’s reclamation area.

Mayor Wenceslao Trinidad signed Wednesday afternoon a memorandum of agreement with the West Marina Bay Development Inc. for the development of idle bay areas or reclaimed shorelines in Pasay.

The P15 billion Pasay Near Shore Development Project is expected to be bigger than the SM Mall of Asia complex that occupies 1.2 square kilometers.

“This MOA is evidence of the confidence of developers in the present city leadership, another big step towards making the city the center of commerce and trade,” Trinidad said.

.”
trinidad should remember that before we reach his toy project we need to drive through a pigpen called Edsa from magallanes all the way to Heritage hotel. No thanks.

"1 billion people are just 4 hours away".

That's so true. If we can only attract even a measly 5% of that figure and we can have 50 million tourists already. Dream big MANILA! :banana::banana:

True but how many of them are actually rich enough to come ?

Btw this project is freaking amazing !! any news about the end of the constructions ? did already started ?

Alliance Global, Genting seen to invest $1B in ‘Tourism City’
By Zinnia B. Dela Peña
Tuesday, June 24, 2008

Alliance Global Group Inc. (AGI), the listed holding firm of real estate magnate Andrew Tan, and its partner, The Genting Group of Malaysia, are expected to invest over $1 billion for the development of the proposed Pagcor Tourism City to rise at a reclaimed land area along Manila Bay.

“We will exceed the minimum $1-billion capital investment in Pagcor Tourism City,” said Kingson Sian, senior vice-president of AGI property unit Megaworld Corp.

Sian declined to reveal concrete plans for the integrated leisure and resort project along Roxas Boulevard, saying the masterplan is still being worked out.

“Don’t want to say anything more than that. We’ll make the proper announcement as soon as everything’s been finalized,” he said.

AGI earlier announced that Travellers International Hotel Group Inc. had obtained a “provisional license” from the Philippine Amusement Gaming Corp. (Pagcor) to build a multibillion-dollar casino and tourism complex in the Manila Bay reclamation area.

Sian said the project will host a wide array of leisure and entertainment facilities including a theme park, theaters, amusement and cultural centers, retail and gaming center and hotels.

In its application, Travellers proposed to build hotels with a minimum of 1,000 rooms spread out over several phases of development.

“Our proposal comes at an opportune time when there is increasing awareness of the Philippines as a tourist destination, with the country achieving a milestone in 2007 with a record three million tourist arrivals for the first time in its history,” AGI chairman Andrew Tan earlier said.

AGI’s joint venture with The Genting Group’s Star Cruises brings together a partnership of two reputable and respected conglomerates. AGI is focused on property development, food and beverage and quick-service restaurants while the Star Cruises Group is the third largest cruise operator in the world.

Star Cruises, which has total assets of almost $7 billion in 2007, together with its affiliate, the Genting Group, is involved in a diversified range of businesses — leisure, hospitality, gaming, entertainment, cruise and cruise-related, power and oil and gas exploration.

The Genting Group, with total assets of $10 billion, is the largest Asian-based leisure, entertainment and hospitality conglomerate with close to 40 years of experience. Its flagship Genting Highlands Resort is one of Asia’s leading integrated leisure and entertainment resort with the largest stock of hotel rooms numbering 10,000 in a single development.

The Genting Group is also investing $3.6 billion, on a 49-hectare integrated resort at Singapore’s Sentosa Island, called Resorts World at Sentosa. To be opened in 2010, this project is envisioned to be a large-scale iconic development focused on attracting families and holiday vacationers.

The project will include the first Universal Studios in Southeast Asia, the world’s largest Oceanarium Marine Life Park, an arts and science museum and a number of hotels, retail and gaming center.

Alliance to finalize $1-b casino bid

By Jenniffer B. Austria

Alliance Global Group Inc., the holding company of businessman Andrew Tan, will finalize next month plans for the proposed $1- billion integrated leisure and resort project in Bagong Nayong Pilipino Manila Bay Tourism City in the reclaimed area along Roxas Boulevard.

Alliance Global president Kingson Sian told reporters that the company was finalizing the project’s components, through its unit Travellers International Hotel Group Inc., and joint venture partner Star Cruises Ltd., an affiliate Genting Corp. of Malaysia.

State-gaming firm Philippine Amusement and Gaming Corp. last month issued a provisional license to Travellers International.

Travellers International was the first company pre-qualified by Pagcor to participate in the development of the 45-hectare Bagong Nayong Pilipino Manila Bay Tourism City.

Sian said he was hopeful that the joint venture partners could start initial works within the area once Pagcor approved and finalized the development plan.

The joint venture plans build hotels with a minimum of 1,000 rooms spread out over several phases of development.

Meanwhile, company sources said Star Cruises was also planning to acquire 40 percent of Travellers.

Star Cruises is reportedly conducting due diligence on the company for completion within the next 90 days.

The company recently increased its authorized capital stock to P10 billion from P500 million.

Pagcor plans to build an integrated tourism zone on a 40-hectare property in the Manila Bay reclamation area in a bid to sustain the growth of our tourism industry.

Pagcor hopes that the massive development will attract at least $4 billion in investments from both foreign and local investors.It expects to generate about 100,000 jobs once the entire development is fully completed.

Star Cruises, which had total assets of almost $7 billion last year, and its affiliate, the Genting Group, is involved in a diversified range of businesses, including leisure, hospitality, gaming, entertainment, cruise and cruise-related, power and oil and gas exploration.

The Genting Group, with total assets of $10 billion, is the largest Asian-based leisure, entertainment and hospitality conglomerate with close to 40 years of experience.

Its flagship Genting Highlands Resort is one of Asia’s leading integrated leisure and entertainment resort with the largest stock of hotel rooms numbering 10,000 in a single development.

Other firms prequalified by Pagcor to partipate in the development of entertainment city are Azure of Japan, SM Investments Corp. and Bloomburry Investments Ltd. of Australia.

I thought Singapore is already building the first Universal Studios Themepark in Southeast Asia?

I thought Singapore is already building the first Universal Studios Themepark in Southeast Asia?

I don't care about them. :lol:

I saw a formula race track at the collage. I hope there would be that is at par with Sepang Circuit.

well.. they target to build an F1 race track... sana nga eh matuloy..

Any development? pics?

I saw a formula race track at the collage. I hope there would be that is at par with Sepang Circuit.

^^baka parang sa Monaco Grand Prix ang concept where some of the streets in PAGCOR city is part of the race course. sosyal!

http://img356.imageshack.us/img356/5765/montecarloformula1grandog8.jpg

^Sosyal nga

Asia’s next entertainment city


Efraim C. Genuino is making the biggest bet of his life. The chairman and CEO of the state-owned Philippine Amusement and Gaming Corp. (Pagcor) is building a $15-billion Bagong Nayong Pilipino-Entertainment City Manila on 120 hectares of reclaimed on Manila Bay.

Initially, 90 hectares will be developed in various stages over a ten-year period beginning this year. The project will be an integrated complex of luxury hotels, restaurants, shopping malls, convention centers, theaters, cultural centers, sports stadia, museums, amusement parks, residential villages, and an observation tower, which will be among the tallest structures of its kind in the world.

Initial cost is $7 billion to $8 billion but the bill could rise to $15 billion once the project is completed. The venture is expected to rival Macau and Singapore as Asia’s gaming and entertainment centers with an eye for the booming tourist market. Some two billion people live within five hours flying time from Manila. China alone has 100 million tourists going overseas.

The Pagcor chief thinks payback will be big and immediate. “It will bring in tourists in droves, enabling us to hit 10 million in arrivals in five years,” he projects. Manila is strategically located in Asia and can be reached in five hours or less by over two billion people in the region.

“This will be the biggest development project in the country,” reckons Genuino. “It will also be the biggest employer. More than 250,000 jobs will be created.” The tourism zone itself will employ 30,000 directly. Each direct job creates seven to eight other jobs indirectly.

The Tourism City project represents Pagcor’s shift from mere casino gaming into a wholesome, family-oriented recreation and entertainment business, says Genuino.

The 250,000-expected job creation does not include its effect on other industries such as construction, transportation, entertainment, hospitality, communications, information technology, business and commerce, among others.

Genuino says the new city would be Pagcor’s “ultimate legacy and contribution to the country’s economic recovery.”

“Through this project, Pagcor aims to become the catalyst for economic growth and national development,” he says.

The project will sustain the momentum of economic growth, Genuino says. The economy posted its highest growth rate in 31 years last year with a 7.3 percent.

With the project, Pagcor hopes to triple it annual income from the present $500 million to $1.5 billion.

Four major groups from four countries have been selected to undertake the project, each using a design concept approved by Pagcor. Each will invest $1 billion, says Genuino. “The beauty of this is that no taxpayers’ money will be spent,” he assures.

The four are: Aruze Corp. of Japan, the Genting Berhad Group of Malaysia, Bloombury Investments Limited of Australia, and SM Investments Corp. (SMIC) of retailing and banking taipan Henry Sy Sr.

The investors, he says, represent some of the world’s biggest names in the entertainment and leisure industries. Each will deposit $100 million as show money. Aruze alone, Genuino reports, has brought in $350 million. Some of the money will be used to purchase property. Of the 90 hectares of initial development zone, 60 hectares are owned by Pagcor.

Aruze has links with Steve Wynn of Las Vegas and Macau. Aruze plans to build Manila’s version of London’s Eye Ferris wheel as well as the largest oceanarium in the world, and one of the largest sports arenas in Asia.

Genting has for its local partners, Alliance Global, the holding company of Filipino property tycoon Andrew Tan. Bloombury will reportedly bring in California’s Universal Studios to put up a theme park on a 30-hectare reclaimed land.

Each of the four proponents, Genuino says, “will build no less than 1,500 rooms for hotels.” “We expect 7,000 rooms to be built,” the Pagcor chief says.

Bloomburry is owned by James Packer, son of the late Kerry Packer, Australia’s richest individual. The Packer empire includes holdings in media, telecommunications, petrochemicals, heavy engineering, coal and diamond mines, resorts and casinos in Australia and overseas.

The project broke ground on April 3 at the project site on Macapagal Avenue in Parañaque City, a day after the opening of the Gaming, Tourism and Investment Congress of the Asia’s Gaming and Entertainment plus Leisure Expo 2008 (Asia’s GEM) at the Hyatt Hotel and Casino in Malate, Manila.

The CEO of Pagcor since 2001, Genuino has produced record profits for the gaming agency from P17.46 billion in 2001 to P27.76 billion in 2007. In 2000, a year before he took over, Pagcor had income of just P14.62 billion.

With his record, Genuino should aim for a higher national position, some people say. “What this country needs is competence and good governance,” he says.

biznewsasia@gmail.com

nasa magazine nabasa ko (BizNewsAsia yata yun) nandun masterplan ng pagcor. They also have renderings of several projects like the Pagcor Headquarters (that twin is gorgeous!!!!). Genting Berhad, nandun din yung masterplan ng theme park, and resorts nila. several pages of Info and pics!!! hope meron dito mag scan hehe.

ano news sa pagcor observation deck

nasa magazine nabasa ko (BizNewsAsia yata yun) nandun masterplan ng pagcor. They also have renderings of several projects like the Pagcor Headquarters (that twin is gorgeous!!!!). Genting Berhad, nandun din yung masterplan ng theme park, and resorts nila. several pages of Info and pics!!! hope meron dito mag scan hehe.

di ko makita sa website pede **** ulit yung name nung magazine gusto ko makita ehh

thanks to coke litro, hinanap ko talaga yung biz news asia :lol:

Sana nga may magupload daming mga updates with regards to rendering. There are now 3 versions of the pagcor tower. Oo nga pala, hinde na ata kasama ung headquarters ng Pagcor dun sa pagcor tower, meron siyang sariling headquarters/building, so the pagcor tower I think is purely for entertainment/tourist.

try ko ngang picturan bukas kung hinde ako pigilan ng mga kinauukulan :lol: hahaha

thanks to coke litro, hinanap ko talaga yung biz news asia :lol:

Sana nga may magupload daming mga updates with regards to rendering. There are now 3 versions of the pagcor tower. Oo nga pala, hinde na ata kasama ung headquarters ng Pagcor dun sa pagcor tower, meron siyang sariling headquarters/building, so the pagcor tower I think is purely for entertainment/tourist.

try ko ngang picturan bukas kung hinde ako pigilan ng mga kinauukulan :lol: hahaha

Can you please share the link?

Billion $ paradise - Manila stakes its claim

In two years, the Philippines will be ready to go toe-to-toe with the best of what Macau and the rest of Asia have to offer in terms of gaming and entertainment when its own version of Las Vegas-the 90-hectare Bagong Nayon Pilipino-Manila Bay Integrated City (BNP-MBIC)-commences operation.

Birds-eye view on four concepts

Pagcor refused to divulge the specific features of their projects pending the signing of the contracts although it gave some highlights of the concepts.
Aruze Corp., a global manufacturer and distributor of gaming machines and known as having ties with the Wynn Resorts, proposed the development of the Okada Resort Manila Bay--an integrated resort with 2,000 standard rooms and 300 VIP suites.
Its main features would be an oceanarium touted to be the world's largest, theaters, a sports arena, a special museum, and a giant Ferris wheel similar to the London Eye that will be called the "Manila Eye."
Genting Berhad, with its partners Star Cruises and Philippine property giant Alliance Global Group Inc., is planning to build several hotels with a minimum room capacity of 2,000 rooms, a world-class theme park, a museum, and a tower that will be the tallest in the world.
The Genting Berhad Group owns the Genting Highlands Resort in Malaysia and holds the exclusive development rights of film giant Universal Studios in Asia. Sources say the company is putting up another Universal Studios in the Manila Bay Integrated City and will be among the first entertainment facilities that will be completed there."Most likely that is what they would do and that is also what we want," a Pagcor insider said.
SM Investments Corporation, the Philippine retail giant which owns three of the top ten biggest malls in the world, proposed to build a world-class gaming facility in partnership with Asia Pacific Gaming of Australia, a major luxury hotel to be managed by Radisson Hotels & Resorts, a museum and a sports arena. All will be built beside the SM Mall of Asia, touted as the largest in the region.
Bloombury Investments, meanwhile, plans to build three luxury hotels with a total capacity of 1,500 rooms, with high-end retail shopping, celebrity-themed dining, a showroom and museum, and a major entertainment and sports center.

Tourist lure to include mega sport events

Pagcor will be in the running to garner a share of the estimated 200 million Chinese travelers that will be vacationing throughout Asia.
Attractions such as the Manila Eye by Aruze Corp., the Tower by Genting Berhad, the numerous museums, additional hotel accommodation, as well as the sports and entertainment shows that will be featured at the Manila Bay Integrated City will make the capital city comparable to renowned tourist magnets such as Paris, London, Bangkok and Tokyo.
He said the road system there will also be tailored fit to host F1 racing, while the sports arenas will be used as venues for international basketball, tennis and boxing events. Genuino said current World Boxing Council super featherweight champion Manny Pacquiao, who has become a global boxing icon due to his numerous conquests in Las Vegas fights, will definitely be strutting his wares in one of its big arenas.
On the economic front, Genuino said the Bagong Nayon Pilipino-Manila Bay Integrated City will triple Pagcor's revenue to US$1.5 billion, half of which will go to the national treasury, aside from the ripples it will create in the construction, hotel, restaurant and other tourism-related industries.
"This project represents Pagcor's shift from mere gaming into wholesome, family-oriented recreation and entertainment. With this, we aim to make Pagcor the catalyst for economic progress and national development," he said.

source:http://www.macaubusiness.com/index.php?id=1186
by Max V. de Leon

^Universal Studio na nga talaga. Rumor lang siguro o press release lang sa singapore yung 30 years na contract na sa kanila lang dapat meron ng Universal Studios. Lugi kaya ang genting nun kapag nagkataon haha.

^^baka parang sa Monaco Grand Prix ang concept where some of the streets in PAGCOR city is part of the race course. sosyal!

http://img356.imageshack.us/img356/5765/montecarloformula1grandog8.jpg

Ganto nga gagawin nila based sa pinost na aerticle ni IslandSon.PH :banana:

nice !!!

bummer tho... no football stadium mentioned. ah well.

Can you please share the link?

I've just read it, because the magazine shows the render of the Pagcor headquarters not incorporated with the Pagcor tower :D

Yung Casino royale na nakita naten sa recent video ay sa SM pala hehe


tanong ko lang, diba itong tourism city as 4 investors(genting, bloombery, SM and azure), isa lang ba sa kanila ang mapipili para idevelop ang tourism city? or lahat sila magpaparticipate? kasi sa mga nakita ko na renders it seems they are using the same area

nice !!!

bummer tho... no football stadium mentioned. ah well.

maybe not a pure football stadium but a sports complex (with athletics tracks and a football field incorporated into it) :)

I've just read it, because the magazine shows the render of the Pagcor headquarters not incorporated with the Pagcor tower :D

Yung Casino royale na nakita naten sa recent video ay sa SM pala hehe


tanong ko lang, diba itong tourism city as 4 investors(genting, bloombery, SM and azure), isa lang ba sa kanila ang mapipili para idevelop ang tourism city? or lahat sila magpaparticipate? kasi sa mga nakita ko na renders it seems they are using the same area


lahat sila. :)

Ito yung paghahatian nilang Lupain :cheers:

http://img212.imageshack.us/img212/1338/masterplangq3.jpg

yup , sana nga they convert the whole area into something like that para mabuhay , there's still lots of land all the way till the OIC property. They can also control entry so that only tourists and adults can enter , that way vices like gambling and prostitution will be limited all in one area lang. They should also extend the mrt to this bay city area para mas maganda access for the workers.

hmmm.. I think I read in an article that there will be monorail in the area that will connect to the airport

hmmm.. I think I read in an article that there will be monorail in the area that will connect to the airport

Meron nga po. :cheers:

yup , sana nga they convert the whole area into something like that para mabuhay , there's still lots of land all the way till the OIC property. They can also control entry so that only tourists and adults can enter , that way vices like gambling and prostitution will be limited all in one area lang. They should also extend the mrt to this bay city area para mas maganda access for the workers.

kahit hanggang MOA lang ok na. :lol:

But that's for the tourists. for the future preferably there is a mass transit link so that workers can easily go and leave from the area.

maybe not a pure football stadium but a sports complex (with athletics tracks and a football field incorporated into it) :)

without a football field, they shouldn't even bother to call the sports complex world class. i hope they incorporate the field, at least

I'm in awe...

without a football field, they shouldn't even bother to call the sports complex world class. i hope they incorporate the field, at least

I'm not sure pero diba kapag may athletics tracks football can be played in the field anyway? sa mga national stadium kasi na nakita ko ganyan eh...

My isang render din ako nabasa sa biz news asia, almost the same sia dun sa 2nd version ng pagcor tower (ung render na may malaking green na bola sa gitna) pero iba ung itsura ng pagcor tower (maliit ang bola, saka may weaved patterns sa mismong tower) tapos instead of a regular bridge/daanan ng sasakyan, suspension bridge naman

could anyone post naman po yung link sa biz news asia plzz nahihilo na ako sa kakahanap im very excited to see the pic plzzz

yup , sana nga they convert the whole area into something like that para mabuhay , there's still lots of land all the way till the OIC property. They can also control entry so that only tourists and adults can enter , that way vices like gambling and prostitution will be limited all in one area lang. They should also extend the mrt to this bay city area para mas maganda access for the workers.

^^ love that idea.. ;)

could anyone post naman po yung link sa biz news asia plzz nahihilo na ako sa kakahanap im very excited to see the pic plzzz

sorry, wala pong link, i read it in a magazine (print).

sorry, wala pong link, i read it in a magazine (print).

ahh ganun pow ba pede ko po ba malaman kung anung date yung issue at vol para maka pag research din ako at makita ko yung rendering nila hahanapin ko yun hehehe ty pow sa info!

I'm not sure pero diba kapag may athletics tracks football can be played in the field anyway? sa mga national stadium kasi na nakita ko ganyan eh...

yup, usually ganoon. i hope meron

Habang wala pang mga scanned pics, magtiyaga muna tayo sa mga kuha ng cam. sensiya malabo, kinakabahan akong magpicture, nahuli na kasi ako dati na nagpipicture ng mga magazine :bash:

PAGCOR Headquarters
http://img95.imageshack.us/img95/8081/dsc00334md2.jpg

Pagcor tower version 3
http://img368.imageshack.us/img368/8196/dsc00336ro2.jpg

Pagcor Tower version 3 suspension bridge
http://img354.imageshack.us/img354/7531/dsc00337tc8.jpg

SM Concept
http://img368.imageshack.us/img368/2508/dsc00338qo2.jpg

SM Concept (Casino Royale)
http://img357.imageshack.us/img357/9990/dsc00339tn7.jpg

Andun din mga master plan ng iba pang mga investors like genting, aruze etc. next time kuha ako ng pics kapag wala pang nakakapagscan xD

Hinde kasi clear ung pagcor tower version 3 pero maganda sia kapag nakita nio sa magazine kasi may intricate weaving pattern yan na hinde halata sa pic

anong magazine iyan?

anong magazine iyan?

Biz News asia

wow nice !!
a suspension bridge!
and the tower looks like the old rendering...

I like the Pagcor Headquarters. This should be built in Asiana area or SM City, so that it won't take up space in Pagcor City.

ganda!!!! sana matuloy ito ang mga ito. isasama ko sa prayers ko sa gabi hehe.

Habang wala pang mga scanned pics, magtiyaga muna tayo sa mga kuha ng cam. sensiya malabo, kinakabahan akong magpicture, nahuli na kasi ako dati na nagpipicture ng mga magazine :bash:

PAGCOR Headquarters
http://img95.imageshack.us/img95/8081/dsc00334md2.jpg

Pagcor tower version 3
http://img368.imageshack.us/img368/8196/dsc00336ro2.jpg

Pagcor Tower version 3 suspension bridge
http://img354.imageshack.us/img354/7531/dsc00337tc8.jpg

SM Concept
http://img368.imageshack.us/img368/2508/dsc00338qo2.jpg

SM Concept (Casino Royale)
http://img357.imageshack.us/img357/9990/dsc00339tn7.jpg

Andun din mga master plan ng iba pang mga investors like genting, aruze etc. next time kuha ako ng pics kapag wala pang nakakapagscan xD

Hinde kasi clear ung pagcor tower version 3 pero maganda sia kapag nakita nio sa magazine kasi may intricate weaving pattern yan na hinde halata sa pic


Ang ganda. thanks

wala akong masabi.........GANDA!!yun na!!


sana simulan na ito.....

the PAGCOR towers look so happening!

ganda!!!! sana matuloy ito ang mga ito. isasama ko sa prayers ko sa gabi hehe.

Join ako sa yo! :lol: :lol: :lol: :lol:

But that's for the tourists. for the future preferably there is a mass transit link so that workers can easily go and leave from the area.

If not don't expect Radiohead to perform there ! :ohno:

SM Concept (Casino Royale)
http://img357.imageshack.us/img357/9990/dsc00339tn7.jpg

so, ito naba yung pangtapat sa Araneta Coliseum??...ilan ang capacity ng dOme na to??...

^^^^^^

so, ito naba yung pangtapat sa Araneta Coliseum??...ilan ang capacity ng dOme na to??...

^^^^^^

OppPsss..hehehehe Casino Royale Pala ito...lol....

gusto ko makita ang master plan ng okada resort at universal studios.

thanks for the images, they look great:okay:

cool yung planned tower ng pagcor ahh!

The proposed PAGCOR headquarters are quite impressive.:banana:

Resort complex project in Bagong Nayong Pilipino Manila Bay Tourism City

PHILIPPINE WAGER FOR PACKER



News from the Philippines suggests that James Packer’s Crown Limited will submit a bid for the Philippine Amusement and Gaming Corp (PAGCOR) Manila Bay entertainment city being built on 120 hectares of reclaimed land. Aruze from Japan, Genting and a local developer have also expressed interest in the multi-billion dollar project, and Genting has been granted a casino operating licence already. Investors are expected to spend around US$3 billion each on the construction of gaming entertainment complexes with hotels.

According to reports from PAGCOR, Packer's Bloomsbury Investments submitted a $100 million deposit toward a planned 1,700-room resort and convention complex that could include a 1,000-room Crown brand hotel. Talks between Packer and PAGCOR are said to be ongoing and the proposed casino resort would cost around $1.5 billion to build.

At the beginning of this month Crown announced that its joint venture with York Capital Management and property developer IDM in a 27-acre site in Las Vegas would not proceed following a strategic review. The A$44 million investment made by Crown in the project is being written off. In a 4 June statement Crown CEO Rowen Craigie said, “The recent upheavals in world credit markets has made it increasingly difficult for Crown and its partners to develop a commercially viable project on what remains an attractive location on the Las Vegas strip. Accordingly, we took the decision to stop making further payments to the vendors of the site and concentrate our focus on other areas of our business.”

With the recent success of Crown Macau, now reportedly the busiest casino in the world for gaming volume, it seems that the Asian casino market is a more viable option. The Philippine Church and fishermen in the Manila Bay area are opposing the PAGCOR project but plans are well advanced for casino hotels, sports facilities, and a wide range of entertainment and leisure options in the Bagong Nayong Pilipino Manila Bay Tourism City. (E-06.16.08)

http://www.casinocompendium.com/bagong.html

Wow!!! That's an awesome tower!

Palace allies linked to Pagcor project
Manila Times

By Malou Mangahas and Tita C. Valderama, Philippine Center for Investigative Journalism

First of two parts

A COMPANY that has neither track record in the gaming business nor proven financial capability to back up a multibillion-peso enterprise is poised to become the newest investor in the ambitious Tourism City project of the Philippine Amusement and Gaming Corp. (Pagcor).

But what Bloombury Investments Ltd. lacks in these top two criteria for investors in the Pagcor project, it more than makes up for in terms of political connections, based on records of the state-run corporation itself, as well as information from those privy to the deals.

At least two close allies of President Gloria Macapagal Arroyo have been linked to Bloombury: Jose Pepito Ch. Alvarez, who is listed as the companys president, and Enrique Ricky K. Razon Jr., whose legal counsel in his familys International Container Terminal Services Inc. (ICTSI), Silverio Benny J. Tan, is Bloombury corporate secretary.

Bloomburys managing director, meanwhile, is Donato C. Almeda, brother of Antonio Mariano C. Almeda, the chief of staff and horse trainer of Pampanga Rep. Juan Miguel Mikey M. Arroyo, eldest son of President Arroyo. In the May 2007 elections, Antonio Almeda was the No. 4 party-list nominee of Ahonbayan, which had been tagged by militants as a group fielded by the Arroyo administration.

Bloombury was supposedly counting on the purse and gaming expertise of Publishing and Broadcasting Ltd. (PBL), owned by Australias third richest man, 40-year-old James Douglas Packer. Pagcor accepted Bloomburys $1.14-billion proposal in September 2007 reportedly on the basis of its partnership with PBL.

PBLs gaming concerns have since been put into a new Packer company, Crown Ltd. Last June 16, Crown issued a press statement saying that neither the company nor Packer was in advanced talks with Bloombury regarding the Pagcor venture. (see sidebar)

Minus Crown, Bloombury for now is nothing more than a paper entity.

In a recent interview with the PCIJ, Pagcor President Rafael Butch Francisco and Senior Vice President Rene C. Figueroa said that what Pagcor accepted was only Bloomburys concept. Added Figueroa: We havent granted them anything pa. There is no license, no nothing.

They also denied reports that subtle and not so subtle pressure had been applied on Pagcor to bring in Bloombury as an investor in Tourism City.

Still, the fact that Bloombury has managed to get this far in Pagcors $20-billion project has raised eyebrows even within Pagcor itself. It also calls into question the process through which Pagcor chooses participants in a project that was made possible only after the state firm acquired a new charter last year.

With its budget deficit and debts, the Philippine government cannot by itself finance the cost required to build Tourism City, which the Arroyo administration hopes to be comparable, if not greater than Macau, in terms of gambling and entertainment. The key to the projects success, argued its proponents, lay in private investors, who would get licenses to operate casinos from Pagcor until recently the monopolistic regulator and operator of legal gambling in the country.

Under its old charter, only Pagcor was allowed to operate casinos. (The charter was also scheduled to expire along with the state firm on July 11, 2008, which is why Pagcor applied for a 25-year extension as early as 2002, renewable for another 25 years.)

In February last year, on the last day of a Congress special session right before the May 2007 polls, the House approved Pagcors new charter, which gave the state corporation the power to subfranchise its franchise to private investors.

The House majority, then led by current Speaker Prospero Nograles, deemed the Pagcor franchise of utmost importance. It passed way ahead of a pending wage hike bill and the controversial cheaper medicines bill.

Pagcor has since lost no time to fast-track Tourism City as well. It disclosed its terms of reference for investors, including a four-stage evaluation process before the issuance of a regular license.

In its terms of reference, Pagcor sought investors with the financial capability and a well-established experience in the hotel and gaming business.

Principal investors were also encouraged to apply, but were required to partner with qualified hotel and gaming operations entities with a track record in organizing and operating world-class hotel and gaming projects.

The interested parties would need to tender a $100-million bond each, to prove that they are serious in their undertaking.

In early 2008, a year after the project was first made public, Pagcor announced that four companies had expressed interest to invest in Tourism City.

First was Malaysias Genting Berhad, with partners Star Cruises and locally listed firm Alliance Global Inc. The proposal was initiated by Andrew Tan of Megaworld Philippines through Travellers International Hotel Group Inc., Pagcor said.

The group plans to build hotels with a minimum room capacity of 2,000 rooms, along with a theme park. In a disclosure, Alliance Global announced that its joint venture with Star Cruises would cost around $1 billion. Of the four groups, only this partnership has received a provisional license from Pagcor to begin construction.

The second was Japans Aruze Corp., which proposed the development of the Okada Resort Manila Bay, a casino resort with 2,000 regular rooms and 300 VIP suites. Aruze has proposed to build what could become the worlds biggest oceanarium, and a giant Ferris wheel similar to the London Eye.

Pagcor insiders say that the Aruze group would get its provisional license in two to three weeks. Aruze, they say, has found a local partner in a group represented by Ramon Ang, president and chief executive officer of food and beverage giant San Miguel Corp.

Third to come in was SM Investments Corp., a local holding company with interests in mall operations, retail, banking, and property development. It has partnered with Asia-Pacific Gaming of Australia to put up a luxury hotel in the area. SM Investments operates the SM Mall of Asia, the countrys largest shopping mall near the area.

And then there was Bloombury Investments Ltd., which said it would have three luxury hotels with a combined capacity of 2,400 rooms, plus 30 VIP suites, high-end retail shops, and entertainment and sports centers. Bloombury also said it would employ 9,600 persons directly, and 40,000 others indirectly.

Yet when Pagcor accepted its concept notes nine months ago, Bloombury did not even exist as a company in the Philippines.

It registered with the Securities and Exchange Commission (SEC) only four months ago, on February 27, 2008, as Bloombury Investments Holdings Inc. (Bloombury reportedly registered in the British Virgin Islands on May 3, 2007, but Pagcor has not verified this.)

SEC documents show that Bloomburys authorized capital was all of P60 million, and its subscribed capital, just P15 million.

Of the latter amount, P14.9 million is listed as shares of Pepito Alvarez, who by many accounts is among the Philippiness most indefatigable serial entrepreneurs.

What is curious is that Alvarez has not spoken in public or with Pagcor executives about Bloombury at all; he has acted for the most part as an indifferent owner of the firm.

Alvarez does have a formidable business pedigree. From logging, he has diversified to car making (becoming one of the first foreign investors to build a car factory in Vietnam), insurance, fertilizer production, bus transportation, and even airlines. But hotels, gaming, and gambling are not among his core businesses.

Some of those privy to the deal explain that a far bigger serial entrepreneur, and a far closer Arroyo ally, Ricky Razon, is the real influence behind Bloombury.

It was Razon, they say, who pitched the Bloombury bid to Pagcor in late 2007. It was also Razon, they add, who made sure that the law firm Picazo Buyco Tan Fider & Santos, which boasts of ICTSI as a major client, worked on Bloomburys registration in the Philippines. And, they say, it was Razon who looked for foreign partners for Bloombury, including Australias Packer, and Packers partner in Crown, Lawrence Ho, son of Macaus gambling kingpin Stanley Ho.

Razon, says a high-level Pagcor insider, would have had no qualms revealing himself as being behind Bloombury, except that he had been linked to controversial deals, including the botched, kickback-ridden National Broadband Network (NBN) contract with Chinas ZTE Corporation.

Says the insider: There was resistance from within (Pagcor) and so they brought in Alvarez to the picture.

Indeed, Alvarezs role in Bloombury was only inadvertently disclosed by Pagcor chief Francisco in an interview a fortnight ago with the Hong Kong-based South China Morning Post.Pagcor Senior Vice President Figueroa also told PCIJ that Alvarez has not spoken for Bloombury at all.

But the two Pagcor officials skirted questions about Razons role in Bloombury, which Figueroa stressed is the vehicle of Mr. Alvarez for this specific project.

Asked why gaming industry insiders insist that it is Razon who is behind Bloombury and who worked on the partnership with Packer, Figueroa replied, laughing, Rumor na yan.

He (Razon) might have introduced (Packer) or anything, he continued. He introduced (Packer) to Pepito (Alvarez)maybe thats what hes saying. But as far as we are concerned, we have talked only to Mr. Almeda.

According to Figueroa, it is Almeda who makes all the presentations, writes letters, answers queries, and speaks for Bloombury.

Francisco, for his part, said that while he has not talked to Alvarez, he knows from the records that Alvarez is the principal of Almeda. Francisco also said that it was Almeda who brought Crowns senior executives to Pagcors office.

But Pagcors executives offered confusing statements about the weight they assign to Bloombury as a principal in its claimed partnership with Packer.

At one point, Figueroa said, As far as were concerned, ang kausap namin dito is Bloombury.

At another, Figueroa said Pagcor accepted Bloomburys proposal, even when gaming is not a core business of Alvarez, because, he is partnering with a very credible group. Crown is very big thats why, for track record, we look at Crown. Pagcor top officials, including chairman Efraim Genuino, have also met, and dined, with Packer at least twice in Manila.

Based on Bloomburys own papers, however, the company seems to have more links to Razon than to Alvarez.

It is in Bloomburys letter of intent to Pagcor that Razons legal counsel in ICTSI, Benny Tan, is listed as corporate secretary, while Almeda is named as managing director. Tans name does not appear in Bloomburys SEC records, but Almedas does, as one of its incorporators who put in P1 each. The others are lawyers Fiorello E. Azura, Jhoel P. Raquedan, and Allen R. Bauzon.

Azura is a senior partner of the Azura Quiroz & Campos Law Offices, which lawyers for Pepito Alvarez, who is also chair of Philippine Phosphate Fertilizer Corp. or Philphos. Azura had also served as assistant executive of the Asset Privatization Trust under the Joseph Estrada administration in 1999.

Raquedan and Bauzon are senior associates of the Picazo Buyco Tan Fider & Santos lfirm, which has made a reputation as the counsel of choice for the lenders on various projects and acquisitions in the country, according to www.iflrlegalwire.com, a reputable guide to the worlds leading financial law firms.

Almeda, though, is possibly Bloomburys only tenuous link to gaming operations. At one time, he had served as president of Waterfront Philippines Inc., which is owned by the family of William Gatchalian, a close friend of former President Estrada. Waterfront hotels in Manila, Cebu, Mactan, and Davao host Pagcor casinos.

It is also Almeda who visits albeit rarely, said the person who fielded PCIJs phone call Bloomburys representative office in Manila, which turned out to be the premises of Mega Equipment, a company owned by Jose Eduardo J. Alarilla and Medy Chua-See, until recently major shareholders in Razons ICTSI.

That Razon has a line to Malacaang is an open secret. On October 25, 2007, businessman Jose Joey de Venecia III testified at the Senate that he received advice on his NBN proposal from Razon and President Arroyos brother, Diosdado Buboy Macapagal Jr.

De Venecia quoted Razon as saying: P... ina kasi yang (former Commission on Elections Chairman Benjamin) Abalos na yan. Sinabi pa niya kay (First Gentleman) Mike (Arroyo) na mayroon siyang $70 million dito. Hindi ito makalimutan ni Mike (That s.o.b. Abalos. He told Mike that he would get $70 million, and now Mike cant forget it).

As for Pepito Alvarez, many still remember him as the owner of the Learjet that reportedly spirited then elections commissioner Virgilio Garcillano out of the country in 2005, at the height of the Hello, Garci controversy.

Official reports affirmed that Garcillano took a chartered Subic Air Learjet to fly from Subic to Singapore on July 14, 2005. Alvarez owns Subic Air, which maintains a fleet of Learjets, Bell and Eurocopter aircraft, and BMW cars.

Garcillano later wound up in Latin America, where Razon reportedly kept him occupied for months, and away from the House of Representatives that was investigating alleged attempts by Arroyo to cheat in the 2004 elections.

Razon ranks No. 11 in the 2007 Forbes magazine list of the 40 richest Filipinos, with a supposed net worth of $285 million.

The PCIJ repeatedly tried to secure comments from Razon, Alvarez, Almeda, and the Picazo lawyers through fax, mail, and phone calls but received no reply as of this writing. Razon is on vacation overseas, according to his public relations officer. A questionnaire faxed to eight companies known to be owned by Alvarez yielded no reply.

Alvarez and Razon have kept quiet about their role in Garcillanos flight abroad, but talks persist that they are both close allies of the president and First Gentleman Jose Miguel Arroyo.

Alvarezs brother Antonio, a congressman from Palawan, is a member of Arroyos Kabalikat ng Malayang Pilipino (Kampi) party.

In 2005, Rep. Alvarez voted, together with 157 other lawmakers, to junk three impeachment complaints against the president.

In 2007, Rep. Alvarez voted, together with 112 congressmen, to give Pagcor awesome powers under a new charter.

Last April, Alvarez, who chairs the trade and industry committee of the House of Representatives, openly endorsed the Pagcor casino project. He said it would put the country in a position to catch a portion of Chinas increasing spending on gambling.

We also need jobs. We have 430,000 new college graduates a year but not all can be absorbed by existing companies, said the younger Alvarez. With world-class casinos in Manila, the congressman said rich Filipinos need not go to Macau or Las Vegas and just spend their money in the country.

Some opposition lawmakers said money changed hands prior to the plenary vote on the bill. Then Deputy Minority Leaders Rolex T. Suplico and Joel Villanueva in particular said that legislators were offered thick wads of peso bills, amounting to at least P50,000 per bundle, and that Arroyos allies managed the operations.

Asked by PCIJ about this allegation, Pagcors Francisco gave a long, hearty laugh. No, no, no, no, he said. We applied for a charter in 2002...Can you imagine that? Could you believe that? with additional reporting by Patricia M. de Leon

(To be continued)

Duda nga din ako diyan sa bloomsbury, hinde sa minamasama ko intenton nila, pero talaga nagdududa ako sa kanila. wala kasi ako makitang past projects ng bloomsbury (nacoconfuse pa ako dahil dun sa UK publisher ng Harry Potter na bloomsbury din pangalan) tapos registered siya sa british virgin islands, I mean hinde sa minamaliit ko yung country pero they can do it on australia or US! basta among the investors sa bloomsbury lang wala akong confidence

Duda nga din ako diyan sa bloomsbury, hinde sa minamasama ko intenton nila, pero talaga nagdududa ako sa kanila. wala kasi ako makitang past projects ng bloomsbury (nacoconfuse pa ako dahil dun sa UK publisher ng Harry Potter na bloomsbury din pangalan) tapos registered siya sa british virgin islands, I mean hinde sa minamaliit ko yung country pero they can do it on australia or US! basta among the investors sa bloomsbury lang wala akong confidence

ang alam ko po, bwat investor may minimum na atleast USD1 billion to invest,.. kung kaya ng bloomsbury na makapag labas ng ganung pera, i think we don't need to question kung pwede po ba sila o hinde,.. kaya nga po sila nagset ng minimum investment ay para mablock ang mga small players na maka penetrate in this project,. so that, the quality of this bay city is indeed, worldclass,. saka, ang alam ko po, 2 po ang bloomsbury,. isang bloomsbury properties international at bloomsbury publishing,.. siguro po, ang bloomsbury properties ay malaking company s british vrgin island,.. kagaya rn po cguro cla ng SM,. local lang, pero big time,.. kaya nakapasok,. hehe :nuts:

Philippines is gambling lords Eden
Manila Times
13 July 2008 | 12:10 AM

By Rene Q. Bas, Editor in Chief

The Philippines has become the gambling lords paradise. And the richest of these lords, albeit legal and government-owned, the Philippine Amusement and Gaming Corp. (Pagcor), is about to turn the most beautiful part of Metro Manila into the Las Vegas of the Orient.

Most of the other gambling lords are operators of illegal jueteng operations.

These, people and groups that became famous in the impeachment trial of President Joseph Estrada who was ousted primarily because he was accused of receiving bribes from jueteng operators, are also operating someothers say mostof the legal Small Town Lottery franchises. The Manila Times learned from a source in the industry.

The STL is granted to qualified gambling-operators by another government-owned gambling lord, the Philippine Charity Sweepstakes Office (PCSO).

Pagcor is much richer than the PCSO. Pagcor casinos are all over the National Capital Region and the key cities of the archipelago. These casino buildings, brightly lit at night, look like palaces, glittering like small-scale versions of the ones in Las Vegas, Macau, Singapore and Malaysia.

But Pagcor has begun to build its Entertainment Cityon the very land close to the Philippine Cultural Center and extending towards Pasay by the seawhich could, if all the investors do come and none of the usual Filipino contretemps wreck the project, rival what Macau and Singapore now offer.

The Pagcor and the PCSO are of course the goodies of this countrys burgeoning gambling industry. They are goodies because they do great works of charitygiving to hospitals, educational institutions, various foundations and every single charity and medical concern presented to them by governors, mayors and barangay officials that are favored by Malacaang and by congressmen and senators who are allies of the President.

They even give generously to charity projects for the poor run by Roman Catholic Church parishes and bishops.

Yet, they are officially not goodies to the hierarchy of the Church (and to most of the Protestant pastors too).

The doctrine of the Catholic Church on gambling is as neutral as her doctrine on alcoholic drinksespecially grape wine, without which no substance can be miraculously transubstantiated into the Sacred Blood of Our Lord Jesus Christ.

The doctrine on gambling, as stated in the Catechism of the Catholic Church, says: Games of chance [card games, etc.] or wagers are not in themselves contrary to justice. They become morally unacceptable when they deprive someone of what is necessary to provide for his needs and those of others. The passion for gambling risks being an enslavement. Unfair wagers and cheating at games constitute grave matter, unless the damage inflicted is so slight that the one who suffers it cannot reasonably consider it significant.

In other words, you can gamble if you are not doing it as an addiction (an enslavement). And if you do not deprive your familyor anyone to whom you owe the duty of love and supportof your time, your attention and your money. Its all common sense, really. You can gamble to excess, just as you can drink to excess and do harm to yourself.

Then you commit grave injustice. And your gambling addiction might even lead you to steal.

The Catholic bishops see much more than personal sins related to gambling. They wisely oppose both legal and illegal gambling because of the harm both forms have been doing to the Filipinos as a society and to the Filipino characterespecially to the poor in the case of jueteng, masiao and the PCSOs small town lottery.

CBCP vs. organized gambling

The Catholic Bishops Conference of the Philippines (see What Catholic Churchs doctrine on gambling says) has issued a pastoral statement against organized gambling.

The bishops decry the many attempts . . . made to legalize all forms of gambling, even as lotto and casinos are legal. But again for us as Pastors, given the fatal lure of gambling to the Filipino psyche, the legalization of organized gambling in order to raise funds, even for development, is a form of de-moralizationthe gradual erosion of moral values necessary to a development-oriented work ethic, such as diligence and industry, accountability and transparency.

The poor and the needy are victimized the most. They are often the most prone to gambling addiction, as the deadly attraction of easy and quick riches beckons them to disaster. Therefore, the legalization and proliferation of gambling establishments are nothing more than an abject surrender to a morally debilitating vice.

For reasons like the above we strongly oppose organized rampant gambling, be it legal or illegal. Our development as a people is not merely economic. It has to be more. It must be moral and spiritual as well. We, therefore, strongly urge that the investigations now going on against gambling lords be pursued relentlessly until these are brought to justice and the complicity of government officials, police, and military officers be brought out into the open and punished.

Bishops support Gov. Panlilio

About two-thirds of all the Catholic bishops are supporting the case Pampangas Governor Eddie Panlilio has filed against perhaps the most celebrated person to be accused of being a jueteng lord. He is Rodolfo Bong Pineda, and he and his wife, are among President Gloria Arroyos best friends and townmates. Mr. Pineda has appeared in Senate hearings and was mentioned in the impeachment trial of former President Erap Estrada.

But there is a new reality that has not reached the Philippine public, the same gambling industry source told The Times. Illegal gambling, especially jueteng, these days is no longer controlled by civilians. Someone in the Cabinet and his men all over the country who wield great power over law-enforcement agencies, is now the boss of bosses.

We in The Times have tried to verify this piece of information. And if we are told that it is again another nasty rumor meant to add to the dirt being thrown at the Palace we will not be surprised.

Oh yeah, MOST beautiful indeed. Grass, swamp and dirty water. Very eye catching.
http://i9.photobucket.com/albums/a91/EnozAnewor/danielygometromanila.jpg

^^Nice. That doesn't look like MM.

VxUFomkd0n8

I hope it should look like those in Dubai.

Sana yung mga :?Dubaians:? mag-invest sa Manila Bay Tourism City.

whether it's bloombury or not, hope some big boys like Wynn or Sheldon come here for this!

RP developer, Malaysian firm to finalize Manila Bay resort deal
07/14/2008 | 01:04 PM

MANILA, Philippines - The holding company of the fourth-richest Filipino and a Malaysian firm are expected to complete negotiations to build a leisure and resort project in Manila Bay’s reclamation area.

Alliance Global Group Inc., the holding company of magnate Andrew Tan, said it plans to secure an agreement soon with Malaysia-based Star Cruises Ltd., an affiliate of Malaysian conglomerate Genting Group.

Tan told reporters that AGI will sign a $1-billion agreement with Star Cruises.

The project, to be located in the 40-hectare Manila Bay reclamation area, will be majority owned by Tan’s company.

“Yes, under Philippine laws, we will have majority," he said.

Earlier, Alliance Global’s Travelers International Hotel Group Inc obtained a provisional license from state-run Philippine Amusement and Gaming Corp to operate inside the Bagong Nayong Pilipino Manila Bay Tourism City project.

Under the terms of the state-run gambling firm, companies that seek to run casino entertainment complexes in the area must have a minimum project cost of $1 billion, made up of both equity and debt. - Cheryl M. Arcibal, GMANews.TV

ei P A L where did you bought that magazine and what volume is that? I also want one hehehe

where can i buy that magazine? i want to know about pagcor city....

i just bought the magazine today. ill try my best to scan and post the pics later.

http://business.inquirer.net/money/breakingnews/view/20080713-148217/Alliance-Global-nears-deal-with-Star-Cruises

Alliance Global nears deal with Star Cruises
By Elizabeth Sanchez-Lacson
Philippine Daily Inquirer
07/13/2008

ALLIANCE GLOBAL GROUP Inc. is close to signing a deal with Hong Kong-listed Star Cruises Ltd. for a stake in Alliance’s tourism arm, Travellers International Hotel Group Inc.

Travellers will undertake the development of Maxim’s Hotel in cooperation with Star Cruises, which is also Alliance Global’s partner for its stake in the Manila Bay Tourism City project of Philippine Amusement and Gaming Corp. (Pagcor).

“We hope to close the deal by the end of this month,” Alliance Global chair Andrew Tan said. He declined to elaborate.

Malaysian conglomerate Genting Group and Alliance Global are looking at investing more than $1 billion in the state-led multibillion-dollar casino and tourism complex at the 40-hectare Manila Bay reclamation area.

Alliance Global president Kingson Sian had said that the consortium was still working out the terms of the joint venture since its foreign partner was still conducting a due-diligence audit.

Sian also said the project might consist of a hotel casino within the complex, possibly a theme park and potential for condominium units.

Here's the scanned pages guys, pasensya na magulo ung isa. antok na kasi ako eh..:cheers:

http://farm4.static.flickr.com/3290/2667733851_2541726c83_b.jpg


http://farm4.static.flickr.com/3030/2667631915_09efe9bbfc_b.jpg


http://farm4.static.flickr.com/3201/2668462426_c4ba578615_b.jpg

http://farm4.static.flickr.com/3083/2667649459_8af1fe114c_b.jpg


http://farm4.static.flickr.com/3077/2667666281_5ab4fda528_b.jpg


http://farm4.static.flickr.com/3053/2668494016_7937e34cd2_b.jpg

http://farm4.static.flickr.com/3168/2668505326_6a2a3edd5d_b.jpg


http://farm4.static.flickr.com/3177/2668515500_9f0a70c65b_b.jpg


http://farm4.static.flickr.com/3036/2667701909_8365fe764b_b.jpg
this render looked better than the others imo..

http://farm4.static.flickr.com/3259/2667725603_55833b7eed_b.jpg

http://farm4.static.flickr.com/3088/2667745997_dabf395910_b.jpg

ang masasabi ko lamang ay wow...dito magsisimulang mapapansin ang pilipinas

^^ Ibang klase! :banana: :banana:

OMG! :okay: :banana:

Amazing....I'm gonna buy this magazine later. Islandson.PH, thanks for posting.

The tools for progress is coming to fruition, now, the next question is the Filipino people ready to take the challenge catering to the influx of tourist that will be coming in? For example, crime against tourist, cleanliness of the whole metro, discipline, road courtesy, etc... What will happen then?

pagcor tower's height compared to burj dubai
http://i33.tinypic.com/olhlw.jpg

Amazing....I'm gonna buy this magazine later. Islandson.PH, thanks for posting.

no prob.:cheers:

^^ sama mo na din yung scale model featuring the first version of pagcor tower, yung andun yung head ng PAGCOR xD

^^sure bro..:cheers2:

http://farm4.static.flickr.com/3008/2670160625_d1335e0719_b.jpg

http://farm4.static.flickr.com/3083/2667649459_8af1fe114c_b.jpg


http://farm4.static.flickr.com/3077/2667666281_5ab4fda528_b.jpg


http://farm4.static.flickr.com/3053/2668494016_7937e34cd2_b.jpg



This will surely make the world turn its eyes on Manila again. :applause:

pagcor tower's height compared to burj dubai
http://i33.tinypic.com/olhlw.jpg

ISA LANG ANG MASASABI KO.......

ANG SOSYAL! :lol: :lol: :lol:

so, ito naba yung pangtapat sa Araneta Coliseum??...ilan ang capacity ng dOme na to??...

^^^^^^

ei san m nakuha yang magazine n yan??pls. reply kung alam na thanks...^^:nuts:

ei where can i buy Biz News Asia magazine?, i desperately need one pls....reply ASAP

Habang wala pang mga scanned pics, magtiyaga muna tayo sa mga kuha ng cam. sensiya malabo, kinakabahan akong magpicture, nahuli na kasi ako dati na nagpipicture ng mga magazine :bash:

PAGCOR Headquarters
http://img95.imageshack.us/img95/8081/dsc00334md2.jpg

Pagcor tower version 3
http://img368.imageshack.us/img368/8196/dsc00336ro2.jpg

Pagcor Tower version 3 suspension bridge
http://img354.imageshack.us/img354/7531/dsc00337tc8.jpg

SM Concept
http://img368.imageshack.us/img368/2508/dsc00338qo2.jpg

SM Concept (Casino Royale)
http://img357.imageshack.us/img357/9990/dsc00339tn7.jpg

Andun din mga master plan ng iba pang mga investors like genting, aruze etc. next time kuha ako ng pics kapag wala pang nakakapagscan xD

Hinde kasi clear ung pagcor tower version 3 pero maganda sia kapag nakita nio sa magazine kasi may intricate weaving pattern yan na hinde halata sa pic
^^from what magazine is that and where did you bought it?please reply ASAP thank you very much

^^ National Bookstore!

Sa dami kasi ng concept, parang may mga discrepancy sa kanilang mga proposal/concept. Parang hinde tugma yung mga area kung san sila ilalagay, yung render/plan ng pagcor tower parang location nun eh sa genting concept din, pati na din sa aruze concept binase ko kasi dun sa marina. maliit lang kasi diba yung area for development sa bay city? yung ibang lupa me may ari na.

sang branch kasi s SM San Lazaro n national wala eh, sang NBS m b binili?

try mo maghanap sa mga book store, biz news asia, yung kay Pagcor chairman and CEO ang cover

i bought mine at nbs marikina branch. last copy na yung nandun dahil panay new issues na yung nasa stands.

Ma try ko nga sa SM Fairview. Teka kuya IslandSon.Ph, magkano? :?

Tsaka anu nga pala height ng PAGCOR Tower?

^^100

w0w salamat sa pic tagal ko ng hinahanap yang issue na yan di ko makita pero salamat sa nag upload ng malinaw na pic thanks very much! napaka ganada ng project an eto at sana masimulan na agad!

^^ Tama ka jan! :applause:

The tools for progress is coming to fruition, now, the next question is the Filipino people ready to take the challenge catering to the influx of tourist that will be coming in? For example, crime against tourist, cleanliness of the whole metro, discipline, road courtesy, etc... What will happen then?

You will see DPWH & MMDA laying out asphalt, making more greeneries, expect more traffic. Or better if they create a flyover to EDSA(Border of Makati and Pasay from MoA. That would ease the traffic flow due to the narrow and somehow chaotic part of Taft Station of the MRT. Everything will be modernized even the MRT. All buildings that are eyesores will be demolished and replaced with modern and stylish and mixed use properties not just in Pasay or Manila, but to the whole MM. If they want this project to last long, then they would do all beautification and everything to please the somehow discriminative taste of some foreigners.

detailed 3rd render of the pagcor tower.:cheers:

http://farm4.static.flickr.com/3036/2667701909_8365fe764b_b.jpg

and here's the other render you also scanned..
http://farm4.static.flickr.com/3290/2667733851_2541726c83_b.jpg

Pagcor's towers height
http://i33.tinypic.com/olhlw.jpg

Quoted from the MANILA | Pagcor Tower | Thread.

this is so exciting.. i hope no one pops our happy and optimistic bubble.. yay! :cheers:

where can i buy this magazine online?

pagcor tower's height compared to burj dubai
http://i33.tinypic.com/olhlw.jpg

totoo kaya to

^^ Oo nga.. saan ba galing yung height?

Alam ko na ayon sa PAGCOR, one of the tallest structures in the world daw, pero di man nila binigay yung height.

di lang yun nagkakaroon na ng global warming, lulubog daw ang manila bay,
SAKA masyadong malapit ang nayong pilipino sa naia, baka mabungo ang eroplano

at anong building ba ang canary wharf, ano yun utot na nasama lang

isang metre na lang, 666 na height nya, kahit ako na magambag ng metro na yun, matanong lang, ang GET ay 666 ft high, bakit fascinated ang mga tao sa 666?

ei guys is that true that there will be an F1 circuit in pagcor city???:)

and how many pages does the magazine have????^^:?

are there any movements sa site? puro concept palang kasi ang nilalabas ng proponents eh., wala pang solid renderings.

why are the renderings from different companies located in the same location? like the one from genting., which is the same with the one with the tower? hano ba to?

this just means, they have no solid plans as of yet. puro concept palang. or, the designs are still in the drawing board. i wonder who among the investors will pour money for the tower.?

You will see DPWH & MMDA laying out asphalt, making more greeneries, expect more traffic. Or better if they create a flyover to EDSA(Border of Makati and Pasay from MoA. That would ease the traffic flow due to the narrow and somehow chaotic part of Taft Station of the MRT. Everything will be modernized even the MRT. All buildings that are eyesores will be demolished and replaced with modern and stylish and mixed use properties not just in Pasay or Manila, but to the whole MM. If they want this project to last long, then they would do all beautification and everything to please the somehow discriminative taste of some foreigners.

hopefully, gaganda na ang pasay. dapat, mass evacuation para sa mga squatters.

and hopefully, wag sirain yung mga ancestral houses sa pasay.:)

from what i have heard ,the construction will start before december or the 3rd quarter this year...i wish they could start it right away because many people wants pagcor city to be fully operational by the near future....and i hope many tourists will arrive in our country...

^^ If DOT would just advertise the WOW Philippines even more and throughout the world, and larger marketing is needed if we want to get even a 1/4 of the 2 billion - 4 hour radius.

I'm astounded by the two articles which were cover stories for this Bagong Nayong Pilipino Manila Bay Tourist Pagcor City (BaNaPiMaBaToPa City and the fact that the ambitious earthquake-reclaimed-land-terrorist-and-within-the-budget-for-being-the-tallest-tower-in-Asia-proof is the symbol to the PAGCOR's answerto the entire poverty of the Philippines.
:llama:)
Normally I'm not quite sarcastic, dry, but for some reason I was completely turned off by the idea that something of this sort in ten years at 2018 would solve the country's current problems on poverty in all the islands?

Sure within ten years there are loads of developments like probably our infrastructure will improve but really it severely drills my head in to read such things.

The question is:

Is a one off cure like this Banapimabatopa City a result of the Philippines finally making long term plans to solve the country's challenges?:hm:


IF SO ARE WE STILL GOING TO BE ALIVE - or our descendants going to be in the country - BY THEN TO APPRECIATE IT?:ancient:

Sorry but I'm normally not in this weird rude manner, as you can read on my other posts Im quite positive and eager and promoting the country constantly to my mates here in England...but geez man how long do we have to wait to really want our country to be the envy of others in the region?

well progress takes time.. and patience and hope is all we have to hold on to..

@plmetzen - don't let the PR bother you. If you listen to all the developer, eastwood city, fort boni, ayala redevelopment, eton city, qc cbd, mckinley park are all the complete answer to all the Philippine's problems! hehe, it's marketing that's all so alam mo naman mahilig ang hyperbole sa mga Pilipino and specially real estate developers since they're trying to manage perceptions so as to create the illusion of value (which will hopefully be self fulfilling !).

There's no magic in every changes, but if dont try to move, we can't get any footprints in our way.....

^^ Oo nga.. saan ba galing yung height?

Alam ko na ayon sa PAGCOR, one of the tallest structures in the world daw, pero di man nila binigay yung height.

nakasulat sa pagcor tower thread na 665 daw

according to wikipedia 665 tlga even sa mga other websites..

well progress takes time.. and patience and hope is all we have to hold on to..

Yup you'r right progress takes time not only 1 day, week ,year or decades but its takes to much time to achieve! even China the Worlds fastest Growing Economy almost takes 30 year to put their own country in 1st world! and i think RP can and will take 10 to 15 years to join other nation in prosperity! and its up to every Filipino if they want to go abroad!

http://i33.tinypic.com/23syec1.jpg

at night
http://i34.tinypic.com/2nssxvo.jpg

http://i36.tinypic.com/2w38fn9.jpg
with Manila eye

^^nice job.

http://i33.tinypic.com/23syec1.jpg

at night
http://i34.tinypic.com/2nssxvo.jpg

http://i38.tinypic.com/2vvq6vq.jpg

w0w ang ganda!

tnx.:)

ok na ok ang day shots, I suggest na baguhin mo ung lighting sa night shots, there is something in that lights hehehehe

^^sure bro..:cheers2:

http://farm4.static.flickr.com/3008/2670160625_d1335e0719_b.jpg

:lol: :lol: That's hilarious! ALL those cities on the map are ALL within 5 hours of 2 BILLION people. It's not like it's a singular honor.

And that tower? I wonder if it can be built seismically sound? What's the point?

-delete-

@plmetzen - don't let the PR bother you. If you listen to all the developer, eastwood city, fort boni, ayala redevelopment, eton city, qc cbd, mckinley park are all the complete answer to all the Philippine's problems! hehe, it's marketing that's all so alam mo naman mahilig ang hyperbole sa mga Pilipino and specially real estate developers since they're trying to manage perceptions so as to create the illusion of value (which will hopefully be self fulfilling !).

^^ exactly and very well said.. they must create this mindset so people will invest..

The Philippines has intimately more to offer.. outside the capital, the country can offer sun, surf, SEX....

^^ what?! prostitution is now legal in the RP?! :lol:

@sky, wow that's an amazing job!

[IMG]http://i36.tinypic.com/2w38fn9.jpg
with Manila eye Thanks for the rendering you made, skyscraper100. It might easily pass as an official render.

Speaking of the Manila Eye, I'm hoping that they could keep the plan to have it partially submerged and that they could use the tie-rod design similar to London's.

(Now try to combine these two images)
http://www.mapseeing.com/wp-content/uploads/2007/05/windowslivewriterlondoneye-9767map83de4b3ba0c3.jpghttp://www.wipo.int/pctdb/images/PCT-IMAGES/21052004/GB2003001139_21052004_gz_en.x4-b.jpg

Personally, I'd would also be cool to see something closer to Aruze Corp's model with a "hubless" observation wheel (like Big-O in Tokyo Dome City), but maybe that's just a dream of mine.
http://i38.tinypic.com/vru3x5.png

[$0.02]

tnx.:)

cool....

^^ exactly and very well said.. they must create this mindset so people will invest..

^^ what?! prostitution is now legal in the RP?! :lol:

:lol: sex tourism is alive in RP

Manila Eye partially submerged under Manila Bay waters, hindi kaya tayo mangati niyan. :lol:

http://i38.tinypic.com/vru3x5.png

i think the manila eye will submerged in an man-made lake, not in manila bay ;)

Ang feeling ko, the ferris wheel is not really submerged into the water, more like na yung entrance eh asa ilalim ng tubig parang aquarium

kung submerged iyan saan papasok ang tao sa tabi hehe

architect nice render , medyo nakakatako iyung building sobrang payat, pag binagyo masaya !

I mean basing dun sa scale model, baka parang may "hati" siya kumbaga underground yung entrance tapos magkabilang panig eh parang aquarium. On the other hand kung talagang lulubog sa tubig yung ferris wheel, mahirap gawan ng scale yun :lol: yung entrance eh baka sa mataas na lugar katulad ng mga binigay na example sa taas :D

http://i36.tinypic.com/2w38fn9.jpg


maganda ang pagkaka-render dito ng PAGCOR Tower:)

sana ganito nga ang kalabasan...,pati yung spotlight sa tower

I guess the tower is inspired by bamboo which is part of our culture. the first time i saw the design my first reaction is just fine but when i saw the details i find it interesting.

http://i33.tinypic.com/20jsqoo.jpg

Nice job, skyscraper100! What modeling program did you use?

does anyone know when will the construction of bay city starts???

is that ture that the manila eye is submerged in the water or man made lake i think......

^^ topic covered in previous posts.. but its going to be a man-made lake, we think..

http://i33.tinypic.com/23syec1.jpg

at night
http://i34.tinypic.com/2nssxvo.jpg

http://i36.tinypic.com/2w38fn9.jpg
with Manila eye

SUPERB! BEAUTIFUL!
:applause: :applause: :applause: :applause: :applause: :applause:

I guess the tower is inspired by bamboo which is part of our culture. the first time i saw the design my first reaction is just fine but when i saw the details i find it interesting.

http://i33.tinypic.com/20jsqoo.jpg

Quite intriguing! OO nga no. Parang bamboo.

Meron atang alamat na yung kawayan lang yung nakasurvive sa bagyo.

I think yun yung kwento ng Puno ng Mangga at Ng Kawayan.

SUPERB! BEAUTIFUL!
:applause: :applause: :applause: :applause: :applause: :applause:

thank you..:)

manila eye.
http://i33.tinypic.com/a1r492.jpg

my rendering with some twist on manila's eye.hope it would look like this.
http://i36.tinypic.com/2ryswo7.jpg

Ihope that the underwater scenery would show how diverse our country is.
put coral's,diff. species of fish etc.
http://i34.tinypic.com/iqwivs.jpg
underwater

http://i34.tinypic.com/2el3tkj.jpg
aerial view

LOOKS SO PROMISING! Everything! the Casinos, Hotels, Tower, Manila eye.. :)
Dasal ko talaga ma materialize lahat ng ito. Laki ng maiimprove sa economy at tourism nito.

On other hand kung 2010 na ay hinuhukay palang ang site laking tawa siguro natin sa isa't isa.. :)

I think if this project does go through and you combine it with the Mall of Asia Complex... It will be better than BGC... ^^

With BGC, Manila Bay City and QC developments this will only help our country move forward...

^^ Will Pagcor city also increase the appreciation value of real estate dev'ts around Metro Manila (e.g. Makati, Ortigas, QC, Manila, etc.) and nearby provinces (Laguna - Metro Sta. Rosa, Cavite - Tagaytay, etc.)?

Or do you think the appreciation value will just be confined in its immediate vicinity (Pasay, Paranaque, Las Pinas, and Manila)?

What's your opinion guys?

Ayos tong proyektong ito!

nice pics skyscraper100....it looks amazing!!!^^^

can you make a design of the oceanarium????^^^

the one that is to be the world's largest.....i read it on the newspaper

Pagcor City investor donates rice for typhoon victims

Saturday, July 19, 2008
The chairman of Aruze Corp. turned over 300 metric tons of rice to the Philippine government the other day for distribution to families affected by the destructive typhoons that hit the country recently.

Azure chairman Kazuo Okada handed over his donation to National Disaster Coordinating Council (NDCC) Chairman Gilberto Teodoro through the initiative of Philippine Amusement and Gaming Corp. (Pagcor) chairman and CEO Efraim Genuino.

The rice donation, currently kept in a holding facility in Cabuyao, Laguna, will be used to augment supplies for the NDCC’s relief operations in typhoon-ravaged areas nationwide.

“We are very happy for the concern showed by Mr. Okada for the Filipino people. His generosity is much appreciated,” said Genuino.

Meanwhile, Teodoro, who is also defense secretary, also expressed his gratitude to Okada for helping the typhoon victims.

Aruze Corp. is renowned worldwide for manufacturing some of the most innovative and technologically advanced gaming machines in the market.

It is also known for its well-established ties with Wynn Resorts, as a major stockholder of the company in the United States and Macau.

The company is one of the investors awarded with a provisional license from Pagcor to construct a hotel-resort complex in its Bagong Nayong Pilipino-Entertainment City Manila project.

The Entertainment City Manila is a fully integrated resort complex set to rise initially on 120 hectares of prime reclaimed land along the Manila Bay area.

It aims to be the biggest tourism project the country has ever seen and the biggest job-generating program of the Philippine government.

The project will be divided into specialized areas which will feature six-star hotels, world-class theme parks, educational and cultural complexes, shopping malls, a commercial district, sports stadiums, celebrity-themed restaurants, convention halls, state-of-the-art theaters, gaming facilities, residential villages, a hospital district, and other facilities on a par with international standards.

Aruze’s concept, the Okada Resort Manila Bay, is designed as an integrated resort featuring a hotel with 2,000 standard rooms and 300 VIP suites; a major oceanarium targeted to be the world’s largest; theaters, a sports arena, and a special museum.

The project’s highlight is a giant ferris wheel similar to the London Eye, to be known as the Manila Eye.

Okada, for his part, is listed by Forbes magazine as one of the richest men in Japan.

“With Okada’s project for the Entertainment City Manila, he is able to help the Philippines and the Filipino people even more. His company alone is bringing in more than $1 billion in investments into the country. At the same time, it will create thousands of jobs for local workers,” Genuino said.

For its part, Pagcor has been actively involved in organizing relief operations in several municipalities in the typhoon-ravaged provinces of Aklan, Iloilo, and most recently, Romblon.

manila eye.
http://i33.tinypic.com/a1r492.jpg

my rendering with some twist on manila's eye.hope it would look like this.
http://i36.tinypic.com/2ryswo7.jpg

Ihope that the underwater scenery would show how diverse our country is.
put coral's,diff. species of fish etc.
http://i34.tinypic.com/iqwivs.jpg
underwater

http://i34.tinypic.com/2el3tkj.jpg
aerial view

W0W ang ganda nung under water ferris wheels! I REALLY LIKE IT! siguro ang balak nila yung Manila Eye ferris wheel ay naka dikit dun sa napakalaking ocenarium na parang nasa under water ka pag umiikot, talagang 1st World and 1st of its kind talaga etong Okada resort! project!

ei pwede bng i edit nio yung info ng pagcor city s wiki...kasi ang pangit ng pagrender ng info nila eh, walang art yung article sobrang simple....^^:)

so yung mga viewers from all over the world ay maimpress nmn hehehe,suggestion lng naman tnx:)

omg, that's so cool ^^

but i'm still hoping that they change the name. drop the "eye" or something. haha

omg, that's so cool ^^

but i'm still hoping that they change the name. drop the "eye" or something. haha

pede kaso mas popular kasi yung London Eye siya kasi yung 1st tallest ferris wheel na nagawa tama ba ako?

mata na lang para bagay o kaya the EB

April 25, 2008
Company Name: ARUZE CORP.
Name of Representative: Kunihiko Yogo Representative Director and President
(JASDAQ Code: 6425)
Contact: Koki Seki
General Manager
IR & PR Office
TEL: +81-3-5530-3055 (switchboard)

Casino Project in the Philippines

As announced in its “Business Realignment and Future Business Development” press release issued December 20, 2007, ARUZE GROUP seeks to commence the operation of a casino resort in the Asian region, which shall be conducted independently by ARUZE CORP. (hereinafter referred to as the “Company”).

The successful operation of a casino resort necessitates rich knowledge and experience regarding hotel construction and operation, know-how concerning the creation of attractive facilities and superior personnel fully acquainted with casino resort operation. A project team has been established by the Company for the purpose of securing the above. Out of the abovementioned elements, where essential management-based know-how is concerned, the Company intends to proceed with the project under the full guidance of Wynn Resorts, Limited’s Steve Wynn.

The concept proposed by the Company for the “Bagong Nayong Pilipino Manila Bay Tourism City” project, which is currently being planned for the area of reclaimed land in the Philippine capital of Manila, has been highly received by the Philippine government. Based on this positive reception, the Company has initiated preparations towards materializing this business in the below manner, and has commenced arrangements for the site to be used.

Outline of Casino Project
(1) Site to Be Acquired
Plot of land adjacent to “Bagong Nayong Pilipino Manila Bay Tourism City”
(2) Planned Area
40 hectares (400,000 square meters)
(3) Primary Facilities: Casino hotel, aquarium, art museum, sports facilities, Ferris wheel, commercial facilities, etc.
(4) Business Scale
Estimated total of approx. 250 billion JPY
Site and provisional license acquisition: Between end of May 2008 and end of July 2008
Commencement of construction: Around Jan. 2009
(5) Future Timetable*
Opening of casino and other facilities: Around Apr. 2010

*The acquisition of a provisional license is currently in the stages of deliberation. The above timetable is that foreseen by the Company at the current stage, and is subject to change in the future.
Further details will be provided in full once the site has been secured and acquisition of the license has been confirmed.

http://www.aruze.com/en/ir/releases/2008/20080425_e_pr2.pdf

hmmm.. so that renders of the tower and the ferris wheel by skyscraper100 are not official renders but just personal insight right?..

just to make clear so as not to confuse others who'd see it...

kailan po ang job opening dito? lalo na po sa casino..

ang galing naman nung mga renderings! kahit sariling gawa, mukhang professional! comment lang ako dun sa underwater rendering ng observation wheel, dapat baliktad ang orientation diba kasi nasa ilalim siya ng tubig?

speaking of the ferris wheel submerging underwater...

have you guys wondered kung pano makakasakay dun sa wheel kung ang lowest point ay underwater? :dunno:

hehe

Maybe hindi under the water yung sakayan. Pwedeng may loading/unloading platform sa area before it submerges sa water or right after it emerges from the water.

Ang saya siguro pag habang nasa ilalim ng tubig merong mga sirena at syokoy na sumasayaw sayaw to entertain the people :lol:

hmmm.. so that renders of the tower and the ferris wheel by skyscraper100 are not official renders but just personal insight right?..

just to make clear so as not to confuse others who'd see it...

Yes, but he is like a pro, IMO.

speaking of the ferris wheel submerging underwater...

have you guys wondered kung pano makakasakay dun sa wheel kung ang lowest point ay underwater? :dunno:

hehe

another possible answer aside sa above water ang loading area. maybe it wasn't submerged after all kumbaga the loading area is below ground but there is a division between the man made lake and the loading area and parang aquarium lang siya. The aquarium can be part of their planned oceanarium. but of course mas maganda yung submerged, baka mafeature pa tayo sa discovery or NGC if ever hehehehe.

manila eye.
http://i33.tinypic.com/a1r492.jpg

my rendering with some twist on manila's eye.hope it would look like this.
http://i36.tinypic.com/2ryswo7.jpg

Ihope that the underwater scenery would show how diverse our country is.
put coral's,diff. species of fish etc.
http://i34.tinypic.com/iqwivs.jpg
underwater

http://i34.tinypic.com/2el3tkj.jpg
aerial view
^^
:omg:

http://i33.tinypic.com/23syec1.jpg

at night
http://i34.tinypic.com/2nssxvo.jpg

http://i36.tinypic.com/2w38fn9.jpg
with Manila eye
^^
WOW!!! :omg:

Im so excited about the project wish it could start ASAP^^:)

Source: http://www.thewest.com.au/aapstory.aspx?StoryName=499902

Crown's casino plans out of Philippines
23rd July 2008, 9:11 WST

Gaming firm Crown Ltd said it is no longer pursuing an investment in a proposed casino project in the Philippines with Bloombury Investments Ltd due to tightening credit conditions.

Chief executive officer Crown Rowen Craigie said global credit crunch has made it hard to develop casino-entertainment projects which need significant capital.

"The recent and ongoing events in world credit markets have made it very difficult for gaming operators to develop commercially viable casino-entertainment projects where those projects require significant external debt funding," he said.

"After further review, Crown has determined not to participate in Bloombury's proposal or any other proposal to develop an integrated casino-entertainment complex in Manila Bay."

==========================

I hope Bloombury finds another partner.

Source: http://www.thewest.com.au/aapstory.aspx?StoryName=499902

Crown's casino plans out of Philippines
23rd July 2008, 9:11 WST

Gaming firm Crown Ltd said it is no longer pursuing an investment in a proposed casino project in the Philippines with Bloombury Investments Ltd due to tightening credit conditions.

Chief executive officer Crown Rowen Craigie said global credit crunch has made it hard to develop casino-entertainment projects which need significant capital.

"The recent and ongoing events in world credit markets have made it very difficult for gaming operators to develop commercially viable casino-entertainment projects where those projects require significant external debt funding," he said.

"After further review, Crown has determined not to participate in Bloombury's proposal or any other proposal to develop an integrated casino-entertainment complex in Manila Bay."

==========================

I hope Bloombury finds another partner.

OMG how sad this news hopefully Bloombury finds another partner so the project may pushed through!

^^ we certainly hope this will not affect the other signed investors..

It will be August soon and still no signs of construction. :(

hmmm... but a few weeks back we've seen some big cranes on site.. I think though that they're dredging the canals there...

So far, Aruze Corp.'s plans are the most publicized and they stated [from the previous page] that construction will commence in January of 2009. So, we might see some major activities by then.

I certainly hope they do. The other investors were supposed to start work this year right? I wonder when Pagcor will work on the infrastructure?

elo everybody, jsut new in this thread.. i cant view previous posts kasi ang bagal ng connection ko. let me share na lang yung alam ko about the Bay City.

sa previous news reports sa tv sa ABC5 i think.. dun ko nakita mismo yung PAGCOR CITY model. maganda yung model, maganda yung itatayong PAGCOR CITY as in.. ang main attraction nga dun is yung tower. and sa pagkakaalam ko rin e sinabi before na lalagyan ng elevated railway yung palibot ng PAGCOR CITY i just dont know kung lalagyan din sa Nayong Pilino area.

so far if this happens more jobs nga ito talaga hindi lang sa loob kundi pati sa labas. nga lang may mga pumipigil.. sana magising na yung mga taong yun...

anyways, as for Nayong Pilipino... wala pa akong nakikitang construction sa area kasi palagi naman kami dumadaan sa macapagal blvd e. signage pa lang ang tumutukoy sa area na dun itatayo o ilalagay ang Nayong Pilipino.

as for SM Mall of Asia... nag start na yung Hotel or condo na itatayo nila dun.. saw it last 2weeks ago nag start na yun.. sa may south wing ng MOA before sa GLOBE.

as for the DOME naman, 16000 capacity lang ata ang gagawin.. so mas malaki pa rin ang sa araneta. gagawan lang nila ng ka-competion yung ARaneta Coliseum.

have you visited this link??

http://manilabaycasinos.com/

Approved Projects

Genting Berhad of Malaysia, through subsidiary Star Cruises, in a joint venture with Alliance Global Group Inc.

SM Investments Corp. in a tie-up with Asia Pacific Gaming Corp. of Australia

Aruze Corp. of Japan
--$2.5 billion casino resort on 40 hectares of land that would include a casino hotel, “Manila Eye” ferris wheel, art museum, acquarium, commercial facilities, etc.
--Expects to get licensed sometime between May and July 2008, with the expectation to commence construction around January 2009 and open its casino around April 2010.".

Bloombery Investments of the British Virgin Islands
--Crown Casino's James Packer is main investor

Source: Wikipedia (i know! not a reliable source) hehehe

Bloombery Investments of the British Virgin Islands
--Crown Casino's James Packer is main investor

Oooops according to news! Crown is already pullout its plan to join in said 1.5B casino project here in the philippines! and its true base on the previous news that Crown is affected by the Global Financial Credit crisis.

^^ Err...... But why?

Pwede bang alisin yung mga subdivision dun malapit sa may tatayuan ng PAGCOR CITY?

Bloombery Investments of the British Virgin Islands
--Crown Casino's James Packer is main investor

Oooops according to news! Crown is already pullout its plan to join in said 1.5B casino project here in the philippines! and its true base on the previous news that Crown is affected by the Global Financial Credit crisis.

mother packer :ohno:

^^ Err...... But why?

Pwede bang alisin yung mga subdivision dun malapit sa may tatayuan ng PAGCOR CITY?

^^ i think they will not do that, or they will not be able to do that.. rich people live in that area, dolphy has a house there i think.. that village is called marina something, i think...

Hi to you living near any pic update?

Hi to you living near any pic update?

sorry but the construction will be on January 2009 respectively, no pic would be taken...:)

can't wait!

^^ Err...... But why?

Pwede bang alisin yung mga subdivision dun malapit sa may tatayuan ng PAGCOR CITY?

malayo po yung mga subd. sa tatayuan ng PAGCOR CITY? Sa pagkakaalam ko Yung PAGCOR City itatayo siya dun sa may malapit sa MOA.. correct me if im wrong. hindi kasi diba pwede itayo yan near NAIA kasi may tower ang PAGCOR CITY.

cant wait to see the construction on-going...:)^^

sorry but the construction will be on January 2009 respectively, no pic would be taken...:)

well almost near any idea of the completion date?

well almost near any idea of the completion date?

well as far as i know base on the Aruze Corp Press release January 2009 is their tentative commencement on the project.

you can check this out!
http://www.skyscrapercity.com/showthread.php?t=454400&page=42
and another one.
http://www.skyscrapercity.com/showthread.php?t=646758&page=11

thanks a lot mate

You spin me round
http://www.travelandleisure.com.au/ferriswheel/

Think the ferris wheel is just a ride for the kiddies? Think again. As Jane Parbury reports these gentle giants have grown-up and now no self-respecting metropolis would be seen without one.

No fair or show seems complete without a big wheel – and these days, no major redevelopment, or city seems entirely finished without one, either. From Berlin to Beijing and Orlando to Qingdao, giant observation wheels are running circles around cities.



There are new ferris wheels set to open in Melbourne, Beijing, Berlin and New York plus the Great Wheel Corporation, reportedly has plans for three more: a 185m whopper at Dubailand, Dubai; a 150m structure at Qingdao, China; and a comparatively modest 120m construction at Orange County, Orlando, in the US; while in Asia Japan is already a hotspot for big wheels, with several measuring over 100m.

Here are 10 of the world’s big wheels, including those that are due to open within the next year.

1. Name The London Eye
Where Southbank, London, UK
Opened 2000
Size 135m. 32 capsules; up to 800 passengers in total per revolution.
Ride 30 minutes
Views On a clear day, up to 40 kilometres along the Thames and across London's most famous landmarks, as far as Windsor Castle.
Claim to fame The biggest in the world when built. Achieved iconic status virtually overnight and now no postcard of London views is complete without it. Generally thought to have inspired the current big wheel - er, revolution.

2. Name Singapore Flyer
Where Marina Bay, Singapore
Opened 2008
Size 165m. 28 capsules; up to 28 passengers each
Ride 30 minutes
Views About 45 kilometres across the city, taking in sights such as Singapore River, Merlion Park and the CBD
Claim to fame Currently the world's largest, but set to be overtaken by its Beijing counterpart (see below).

3. Name Star of Nanchang
Where Nanchang, Jiangxi Province, China
Opened 2006
Size 160m. 61 capsules; up to 480 passengers in total.
Ride 30 minutes
Views Along its riverside location and across the city.
Claim to fame Briefly the world's largest, overtaking the London Eye before it was eclipsed, in turn, by the Singapore Flyer.

4. Name The Southern Star
Where Part of the Waterfront City development, Melbourne
Opening November 2008
Size Over 120m. 21 pods; up to 20 passengers each
Ride 30 minutes
Views All-round vistas over the city and Port Philip Bay
Claim to fame Melbourne has been the regular home-from-home of the travelling Giant Sky Wheel; the fixed Observation Wheel, which has a unique star construction, will top it – in physical terms at least – by some 70m.

5. Name Great Observation Wheel, Beijing
Where Chaoyang Park, Beijing, China
Opening late 2009
Size 208m. 48 capsules; up to 40 passengers each.
Ride 30 minutes
Views Some 60 kilometres, including the Great Wall of China to the north of the city
Claim to fame Will be the world's largest.

6. Name Great Berlin Wheel
Where Hertzallee, West Berlin, next to the Berlin Zoo
Opening Late 2009
Size 185m. 36 pods; up to 40 passengers each
Ride 35 minutes
Views Across greater Berlin
Claim to fame Will be the biggest in Europe and one of the tallest structures in the city.

7. Name Pepsi Globe
Where Meadowlands Xanadu sports and leisure complex, New Jersey, US
Opening Late 2009
Size About 85m. 26 pods; up to 20 passengers each
Ride 25 minutes
Views The New York city skyline
Claim to fame The largest big wheel in North America. It will be partially constructed from recyclable materials and powered by green energy. In common with the London Eye, it’s attracted a major sponsorship deal, in this case a soft drinks firm (London had British Airways).

8. Name The Texas Star
Where Dallas Fair Park, Dallas, Texas, US
Opened 1985
Size Just over 64m. 44 gondolas; about 260 passengers in total.
Ride About 15 minutes
Views On a clear day, across to the city skyline and to Fort Worth
Claim to fame The largest ferris wheel in north America since its opening, although likely to be eclipsed by the upcoming Pepsi Globe in New Jersey.

9. Name The Riesenrad (Giant Ferris Wheel), also known as the Prater
Where Prater Park, Vienna, Austria
Opened 1897
Size just over 64m. 15 cabins; up to 12 passengers each.
Ride around 5 minutes per revolution
Views The slightly seedy Prater funfair, the park around it and rather distant views of central Vienna.
Claim to fame One of the oldest giant ferris wheels in the world and probably the most famous. Substantially damaged in a fire in WW ll and subsequently rebuilt with fewer gondolas (15 instead of the original 30). Starring role in the 1949 film noir The Third Man, alongside Orson Welles and Joseph Cotton.

10. Name Tempozan Harbor Village Ferris Wheel
Where Osaka, Japan
Opened 1997
Size 112.5m. 60 cabins; up to eight people each.
Ride About 15 minutes
Views Unobstructed sightlines across Osaka Bay to the city, as far as Mount Rokko and Kansai International Airport.
Claim to fame One of several big wheels in Japan built around the same time, the Tempozan wheel’s particular appeal is in its night-time appearance, when a host of coloured lights illuminate the structure. This is prettiness with a purpose: the colour of the lights indicates the weather forecast for the following day. If they’re blue, for example, expect rain.

You spin me round
http://www.travelandleisure.com.au/ferriswheel/

Think the ferris wheel is just a ride for the kiddies? Think again. As Jane Parbury reports these gentle giants have grown-up and now no self-respecting metropolis would be seen without one.

No fair or show seems complete without a big wheel – and these days, no major redevelopment, or city seems entirely finished without one, either. From Berlin to Beijing and Orlando to Qingdao, giant observation wheels are running circles around cities.



There are new ferris wheels set to open in Melbourne, Beijing, Berlin and New York plus the Great Wheel Corporation, reportedly has plans for three more: a 185m whopper at Dubailand, Dubai; a 150m structure at Qingdao, China; and a comparatively modest 120m construction at Orange County, Orlando, in the US; while in Asia Japan is already a hotspot for big wheels, with several measuring over 100m.

Here are 10 of the world’s big wheels, including those that are due to open within the next year.

1. Name The London Eye
Where Southbank, London, UK
Opened 2000
Size 135m. 32 capsules; up to 800 passengers in total per revolution.
Ride 30 minutes
Views On a clear day, up to 40 kilometres along the Thames and across London's most famous landmarks, as far as Windsor Castle.
Claim to fame The biggest in the world when built. Achieved iconic status virtually overnight and now no postcard of London views is complete without it. Generally thought to have inspired the current big wheel - er, revolution.

2. Name Singapore Flyer
Where Marina Bay, Singapore
Opened 2008
Size 165m. 28 capsules; up to 28 passengers each
Ride 30 minutes
Views About 45 kilometres across the city, taking in sights such as Singapore River, Merlion Park and the CBD
Claim to fame Currently the world's largest, but set to be overtaken by its Beijing counterpart (see below).

3. Name Star of Nanchang
Where Nanchang, Jiangxi Province, China
Opened 2006
Size 160m. 61 capsules; up to 480 passengers in total.
Ride 30 minutes
Views Along its riverside location and across the city.
Claim to fame Briefly the world's largest, overtaking the London Eye before it was eclipsed, in turn, by the Singapore Flyer.

4. Name The Southern Star
Where Part of the Waterfront City development, Melbourne
Opening November 2008
Size Over 120m. 21 pods; up to 20 passengers each
Ride 30 minutes
Views All-round vistas over the city and Port Philip Bay
Claim to fame Melbourne has been the regular home-from-home of the travelling Giant Sky Wheel; the fixed Observation Wheel, which has a unique star construction, will top it – in physical terms at least – by some 70m.

5. Name Great Observation Wheel, Beijing
Where Chaoyang Park, Beijing, China
Opening late 2009
Size 208m. 48 capsules; up to 40 passengers each.
Ride 30 minutes
Views Some 60 kilometres, including the Great Wall of China to the north of the city
Claim to fame Will be the world's largest.

6. Name Great Berlin Wheel
Where Hertzallee, West Berlin, next to the Berlin Zoo
Opening Late 2009
Size 185m. 36 pods; up to 40 passengers each
Ride 35 minutes
Views Across greater Berlin
Claim to fame Will be the biggest in Europe and one of the tallest structures in the city.

7. Name Pepsi Globe
Where Meadowlands Xanadu sports and leisure complex, New Jersey, US
Opening Late 2009
Size About 85m. 26 pods; up to 20 passengers each
Ride 25 minutes
Views The New York city skyline
Claim to fame The largest big wheel in North America. It will be partially constructed from recyclable materials and powered by green energy. In common with the London Eye, it’s attracted a major sponsorship deal, in this case a soft drinks firm (London had British Airways).

8. Name The Texas Star
Where Dallas Fair Park, Dallas, Texas, US
Opened 1985
Size Just over 64m. 44 gondolas; about 260 passengers in total.
Ride About 15 minutes
Views On a clear day, across to the city skyline and to Fort Worth
Claim to fame The largest ferris wheel in north America since its opening, although likely to be eclipsed by the upcoming Pepsi Globe in New Jersey.

9. Name The Riesenrad (Giant Ferris Wheel), also known as the Prater
Where Prater Park, Vienna, Austria
Opened 1897
Size just over 64m. 15 cabins; up to 12 passengers each.
Ride around 5 minutes per revolution
Views The slightly seedy Prater funfair, the park around it and rather distant views of central Vienna.
Claim to fame One of the oldest giant ferris wheels in the world and probably the most famous. Substantially damaged in a fire in WW ll and subsequently rebuilt with fewer gondolas (15 instead of the original 30). Starring role in the 1949 film noir The Third Man, alongside Orson Welles and Joseph Cotton.

10. Name Tempozan Harbor Village Ferris Wheel
Where Osaka, Japan
Opened 1997
Size 112.5m. 60 cabins; up to eight people each.
Ride About 15 minutes
Views Unobstructed sightlines across Osaka Bay to the city, as far as Mount Rokko and Kansai International Airport.
Claim to fame One of several big wheels in Japan built around the same time, the Tempozan wheel’s particular appeal is in its night-time appearance, when a host of coloured lights illuminate the structure. This is prettiness with a purpose: the colour of the lights indicates the weather forecast for the following day. If they’re blue, for example, expect rain.


so what do you mean by this?:ohno:

^^ I think he means that we should create our "Manila Eye" a lot larger than those.... I think.... :?