PAGCOR Tower and Entertainment City soon to rise in Manila
Tuesday, June 30, 2009
Dubbed as the “New Nayong Pilipino,” an integrated resort with a world class theme park, casinos, hotel, museum, shopping malls, sports arena, coliseum and a sky high tower will soon rise near the SM Mall of Asia complex in Pasay City.
The Entertainment City aka E-City Manila is an ambitious project of SM Group, Genting Group of Malaysia (the creators of Genting Highlands, the Las Vegas of Southeast Asia) and Aruze Corp. of Japan. It will be constructed at the 100-hectare Bagong Nayong Pilipino complex along Manila Bay and beside the SM Mall of Asia Complex in Pasay City.
The premiere entertainment complex will boast of the superhigh PAGCOR tower that will compete with Menara tower in Kuala Lumpur and Macau Tower in China.
The initial investments for the project are expected to reach US$6 billion and once completed, it would create more than 200,000 jobs.
The first phase of the three-phased development is expected to be completed in two to three years. It will include hotels, sports arena, museum, world class theme park, and an oceanarium.
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