Landing International Development Ltd has announced the lease of 23.5 acres in Manila in order to build an “integrated leisure and entertainment resort.”
The site in Paranaque City was acquired by the Hong Kong-based casino investor in order to construct a Filipino culture theme park, water park, hotels, retail spaces and entertainment facilities.
“The group is currently in the process of applying to the relevant authorities for all necessary approvals to develop and operate the integrated resort,” said a statement from the company.
Manila, though the capital of the Philippines casino industry, saw licence approvals in the region suspended for five years following a moratorium order from President Duterte in March of last year.
However, in September 2017, the board of Landing International, which operates casinos from London to South Korea, met with Duterte specifically regarding the construction of an integrated resort.
“We are honored to share with President Duterte and his cabinet team our vision for tourism in the country and our proposal to build an iconic international branded theme park integrated resort in the Philippines,” said Yang at the time.
The latest application omits to mention a gaming offering, nevertheless Landing International’s chairman Yang Zhihui added a licence application with Pagcor was “under negotiation.”
Though Pagcor claims in a statement that it recognises “no pending formal application” from Landing International, the construction of a theme park specifically designed to celebrate Filipino culture may well bring the president himself on the company’s side.