Landing Resorts Philippines Development Corporation (“Landing Philippines”), a wholly owned subsidiary of Landing International Development Limited together with its subsidiaries is on track to open a Filipino-inspired iconic integrated leisure and entertainment resort at the Entertainment City in Barangay Tambo, City of Paranaque. Following its groundbreaking ceremony yesterday, August 7, hosted by Dr. Yang Zhihui, chairman and executive director of Landing International.
The integrated resort will be named “NayonLanding” which symbolizes rich culture and heritage of the country in the Entertainment City. It will be built on a parcel of land approximately 95,700 sq.m with a planned construction floor area of 610,000 sq.m. The development cost is estimated to be approximately US$1.5 billion. The integrated resort will consists of an indoor cultural theme park and waterpark, Asia’s first largest indoor movie-based theme park. It will also offer 1,500 luxury hotel rooms, a state-of-the-art convention center with a 4,000-seater pillar-free grand ballroom fit for large-scale events and conference, a shopping mall with a variety of international brands, and a world-class casino operated by an internationally experienced casino management team. The complex is seen to be the country’s newest leisure and entertainment hotspot when it is opened by 2022.
Dr. Yang in his message at the ceremony, “We are building an iconic integrated resort that will highlight Manila as a modern global city with a rich history, culture and heritage. NayonLanding will be a family-oriented resort that promises a distinctly different, must see / must experience culture, leisure and entertainment destination, capturing the hearts and minds of domestic and international visitors of all ages. When opened, the integrated resort will create up to over 10,000 jobs and is expected to attract an additional 2 to 3 million foreign visitors to the country.”
Watering down the high-profile guests of the groundbreaking ceremony and site ocular attended by the Nayong Pilipino Foundation (NPF) board, local officials of Parañaque and PAGCOR chair Andrea Domingo, was the afternoon news that the entire NPF board was fired by President Rodrigo Duterte because of graft and corruption allegation. An official statement by Landing International stated that the project will not be affected.