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Old March 28th, 2008, 10:30 PM   #201
helghast
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yeah same here
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Old March 30th, 2008, 06:45 AM   #202
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Is there any updates?
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Old April 2nd, 2008, 12:50 AM   #203
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Quote:
Originally Posted by 3cr View Post
Plans for biggest RP tourism dev’t project bared today
Manila Bulletin
http://www.mb.com.ph/MAIN20080402120806.html

Four concepts for the Bagong Nayong Pilipino-Manila Bay Integrated City – the Philippines’ biggest tourism development project ever – will be unveiled during the Gaming and Investment Conference for the 2008 Asia’s Gaming and Entertainment plus Leisure Expo (Asia’s GEM) today, Wednesday, April 2.

The Philippine Amusement and Gaming Corporation (Pagcor), through Board Chairman and Chief Executive Officer Efraim C. Genuino, will announce details of the approved concepts for the project in the conference at the Hyatt Hotel and Casino in Malate, Manila.

When completed, the $ 15-billion project is expected to boost tourist arrivals in the country by over a million to three million annually, generate over 250,000 new jobs, and dramatically increase government earnings.

A big local firm and conglomerates from Australia, Japan, and Malaysia submitted the approved concepts for the Bagong Nayong Pilipino, which also formally breaks ground during Asia’s Gem 2008.

All concepts for the project underscore the Philippines as a major tourist destination and an ideal site for "integrated resort" developments – that is, an entertainment and leisure complex that features a complete range of world-class amenities for people of all ages.

The proponents see the Bagong Nayong Pilipino having six-star hotels, gaming facilities, malls, museums, cultural centers, sports arenas, residential villages, and theme parks, with slight variations in each of the four proposals.

One proponent sees the Bagong Nayong Pilipino-Manila Bay Integrated City, which will initially be built in 90 hectares of prime reclaimed land, as a "live, work, and play" complex 24 hours a day, seven days a week. The concept includes hotels and a popular theme park.

Another sees a resort with symbolic landmarks and amenities that represent "the very best of their type in Asia," including one of the largest Ferris wheels in the world.

Another foreign proponent sees the Bagong Nayong Pilipino built around three hotels facing Manila Bay, positioned to create "an unmistakable skyline address" for its resort complex.

A fourth sees the project having an "iconic structure" while seamlessly integrating with the existing amenities in the area.


Pagcor Chairman Genuino, who sees the project as the state-run firm’s ultimate legacy and contribution to the recovery of the country’s economy, said that the Bagong Nayong Pilipino will, "without cost to the government, create endless opportunities for local businessmen and generate jobs for our people."

Besides billions of dollars worth of revenues for the government in terms of direct foreign investments, lease payments, taxes, and tourism receipts, the Manila Bay Integrated City is expected to induce growth in locally based industries such as construction, information technology, food and beverage, hospitality, entertainment, and transportation.

Genuino has proposed that locators in the Bagong Nayong Pilipino pay salaries to their workers in US dollars, so Filipinos can earn as much as their counterparts in the gaming and entertainment industry abroad without leaving their families behind.

Pagcor co-presents Asia’s GEM 2008 with the EuroAsian Cooperation on Gaming Association (ECG), which Genuino heads as interim chairman. The expo is organized by the Asian GEM and Tourism Foundation, Inc.
It doesn't specifically say anything about a tower, but the fourth proposal's "iconic structure" might point to the 655m Pagcor Tower.
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Old April 2nd, 2008, 12:58 AM   #204
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Nice update!
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Old April 2nd, 2008, 01:51 AM   #205
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Quote:
Originally Posted by flymordecai View Post
It doesn't specifically say anything about a tower, but the fourth proposal's "iconic structure" might point to the 655m Pagcor Tower.
hmmm..."iconic structure"...that can be anything
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Old April 2nd, 2008, 03:31 AM   #206
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When, when and when............?

No reason to discuss a lot about this project.
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Old April 2nd, 2008, 10:33 AM   #207
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Korek! (Correct!)
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Old April 2nd, 2008, 11:21 AM   #208
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Star Cruises to build $1-B leisure complex in RP
04/02/2008 | 02:41 PM

MANILA, Philippines- Star Cruises Ltd. an affiliate of the Malaysian conglomerate the Genting Group, is finalizing a venture with local holding firm Alliance Global Group Inc. for the development of a $1-billion integrated leisure and resort complex which would be part of the Philippine Amusement and Gaming Corp.'s Bagong Nayong Pilipino Manila Bay Integrated City Project.

In a statement, Alliance Global, which is the listed holding firm of businessman Andrew Tan said Star Cruises is partnering with its unit Travellers International Hotel Group. for the project.

Alliance Global said Pagcor hopes that the development will attract at least $4 billion in investments from both foreign and local investors and generate about 100,000 jobs.

Star Cruises and Travellers, Alliance Global said, are planning 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," Tan said in the statement.

Star Cruises is a publicly listed company in Hong Kong with total assets $6.4 billion in 2007. Together with its affiliate, the Genting Group, it 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. - GMANews.TV
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Old April 2nd, 2008, 12:34 PM   #209
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I hope the press will post pictures of the Pagcor concepts at the GEM Expo.
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Old April 2nd, 2008, 09:13 PM   #210
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ARUZE, GENTING, SM, BLOOMBERRY,
GLOBAL TO INVEST $3B EACH
Pagcor unveils $15B gaming projects

By GENIVI FACTAO

The Philippine Amusement and Gaming Corp. (Pagcor) yesterday unveiled four gaming and tourism projects near the Manila Bay and the international airport that will reach $15 billion.

Pagcor chairman and CEO Efraim Genuino said the companies are Aruze Corp. of Japan, Genting Berhad Group from Malaysia, SM Investments Corp. and Bloombery of Australia and Global Alliance with Star Cruises.

Each group will invest up to $3 billion and create 250,000 new jobs for the giant entertainment complex off Manila Bay and adjacent to the SM Mall of Asia.

Initially their investment would amount to $7 billion to $10 billion in 3 to 5 years. Construction is expected to start on the third quarter. The groundbreaking ceremony is set today.

Aruze Corp in a tie-up with Wynn Resorts, operator of Las Vegas and Macau casinos will build the Okada Resort Manila Bay including a casino with 2,000 room hotel, an oceanarium, and a giant Ferris wheel that will be known as the Manila Eye, after the London Eye.

Genting Berhad and Star Cruises will partner with Global Alliance, owner of McDonald’s Philippine franchise and Megaworld Properties will develop the Bagong Nayong Pilipino theme park.

SM will be building near the Mall of Asia a world class gaming facility in partnership with Asia Pacific Gaming from Australia. It also plans to construct a major luxury hotel to be managed by Radisson Hotels and Resorts.

Bloombery on the other hand, will be building 3 luxury hotels with a total capacity of 1,500 rooms with high end retail shopping, celebrity themed dining and a major entertainment and sports center.


Kazuo Okada, chairman of Aruze said "the most important thing in this investment is to attract all the people in the world and make them feel the fun and have pleasant experience We are pleased to have the opportunity to be involved in this area," Okada said.

Andrew MacDonald, executive vice president said the most important thing is to identify the market, plans, analyze, conduct research, test and modify the plans when needed.

"We recognize the partnership. We worked with the government to make sure that the operations are good for the community so the government may be proud of the development that we bring forward," MacDonald said adding that "it takes a strong and powerful regulatory body to move these things forward."

Genuino said the signing of the contract is expected to commence as early as second quarter of the year, after the proponents have submitted all the requirements.

The gaming and entertainment complex will be initially built across the 90- hectares of prime reclaimed land on the world-renowned Manila Bay.

The Star-Global partnership will see the cruise and gaming operator paying $335 million for half of an Alliance unit.

Star Cruises will buy half of Travellers International Hotel Group Inc, which has applied for a provisional gaming licence, with an eye to developing hotel and gambling resorts at the Philippines’ Newport City, adjacent to Manila’s airport.

In addition, Star Cruises plans to form a joint venture with Travellers — of which Star plans to own 40 percent — to develop another project in Pagcor City, which is nestled up against Manila Bay.
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Old April 2nd, 2008, 09:21 PM   #211
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Great article...another oceanarium for Manila
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Old April 3rd, 2008, 12:07 PM   #212
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The Pagcor tower will become a reality....
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Old April 3rd, 2008, 07:21 PM   #213
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i hope they'll increase the height a bit....lets say to 700m
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Old April 4th, 2008, 05:32 AM   #214
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Quote:
Originally Posted by wulizhong View Post
When, when and when............?

No reason to discuss a lot about this project.
It will be a reality in 3 to 5 years. They already had a ground breaking yesterday. The government, the people and the church are fully supportive of this project....We have investors from Japan, Australia, Malaysia, US, China, Europe, etc.

Last edited by RonnieR; April 4th, 2008 at 05:40 AM.
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Old April 4th, 2008, 06:15 AM   #215
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Watch out Macau, this looks like a serious threat across the South China Sea!
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Old April 4th, 2008, 11:04 AM   #216
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15-B Pagcor casino complex gets off the ground


By Daxim Lucas
Philippine Daily Inquirer

MANILA, Philippines—The Philippine Amusement and Gaming Corp. (Pagcor) has resurrected a plan hatched in the 1990s to put up a Las Vegas-style casino and tourism complex by Manila Bay.

When it was originally unveiled last year as the $20-billion “Pagcor Entertainment City,” it was met by considerable opposition from various values-driven organizations. The Catholic Church was a perennial critic.

For the ground-breaking rites Thursday, Pagcor invited three retired Catholic bishops and the founder of an “interfaith” group to grace the occasion.

Bishop Emeritus of Calbayog Maximiano Cruz led the prayer, assisted by former Malolos Bishop Cirilo Almario and former Imus Bishop Manuel Sobreviñas.

Last year, Pagcor chair Efraim Genuino expressed confidence the Pagcor City project would not encounter opposition, even from the influential Catholic Church.

“For us to hurdle opposition to gaming, we will follow Las Vegas,” he had said. “I think the Church will understand. We are the biggest income generator for the government and I think the Church will be mature enough to understand that.”

The value of the project launched Thursday was scaled down to $15 billion, according to the state gaming firm. Renamed “Bagong Nayong Pilipino-Manila Bay Integrated City,” the project brings together investors from Japan, Malaysia, the British Virgin Islands and local firms.

“Once built, the project will create over 250,000 jobs, becoming the biggest job-generating program of the government,” Genuino said during the ceremonies on a 90-hectare lot adjacent to the SM Mall of Asia in the reclamation area off Manila Bay in Parañaque City.

Asked about the Catholic Bishops’ Conference of the Philippines’ well-established opposition to the gaming industry, Cruz said the role of the Church should be “to shepherd its flock” and “not to compete with the state in governing.”

Blessing of the Lord

“The Church will not oppose any new project as long as it has the blessing of the Lord,” Cruz said.

Also conspicuous at the event was the founder of the interfaith Apostolic Catholic Church, Patriarch John Florentine Teruel, along with about 50 of his followers dressed in white robes.

In an interview, Teruel said the project would be beneficial to the people, especially if a portion of what the government earned would be donated to the poor.

He also denied that his presence was because of any financial support provided by Pagcor to his church.

“Not even a cent,” Teruel said.

Others present during the occasion were Speaker Prospero Nograles, Sen. Juan Ponce Enrile, Rep. Ed Zialcita, Parañaque Mayor Jun Bernabe, Public Estates Authority chair Andrea Domingo, SM Investments head Tessie Sy, Andrew Tan of Alliance Global and former first lady Imelda Marcos.6-star hotels, parks

Pagcor said that Japan-based Aruze Corp., Malaysia’s Genting Berhad Group, Bloombury Investments Ltd. of the British Virgin Islands and SM Investments Corp. had gotten its approval to join the project.

As the country’s sole gaming regulator, Pagcor will oversee development of the project.

“When completed, it is expected to boost tourist arrivals in the country to over three million annually, generate over 250,000 new jobs and dramatically increase government earnings,” Pagcor said in a statement.

The complex will have six-star hotels, gaming facilities, malls, museums, cultural centers, sports arenas, residential villages and theme parks.
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Old April 4th, 2008, 11:23 AM   #217
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Pagcor’s 'Las Vegas' dream to cost $20B!

link: http://business.inquirer.net/money/t...ticle_id=56280

end more pictures of the project:
http://www.skyscrapercity.com/showth...=454400&page=5
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Old April 4th, 2008, 11:32 AM   #218
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originaly posted by skycraper100:


Thats a really tall building wow i believe the second tallest after Burj!

Last edited by Buyckske Ruben; April 5th, 2008 at 12:14 PM.
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Old April 5th, 2008, 12:40 AM   #219
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Quote:
Originally Posted by guest8888 View Post


Pagcor published a half page press release today with a picture of the complex that will have a semi submersible observation wheel. heres the same picture. look at the bottom of the observation wheel. notice how it dips into a man made lake? what did i say earlier!!!

The pagcor tower will be built by pagcor and will serve as their headquarters. The architect is local firm called JT Cruz and Partners. If they truly want to make this world class, they should hire an international firm known for making iconic landmarks and design a symbol not just for the complex but for the "new" philippines. they should learn from landmarks like the petronas twin towers (used muslim motifs, symbolic gateway to malaysia), burj dubai (billowing sail, a symbol of new dubai) or the beijing national stadium (birds nest, green olympics)
This is coming from a very reliable poster, someone who posted information about the submerged observation tower before the Manila Eye was announced by Aruze and Pagcor a couple of days ago.
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Old April 5th, 2008, 03:34 AM   #220
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^gorgeous
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