Bagong Nayong Pilipino Manila Bay Integrated City [Biggest in Asia]

pinoyambisyoso.com | Sep 17, 2008 | Comments 28

Nayong Pilipino is officially named the Bagong Nayong Pilipino Manila Bay Integrated City. This project is the biggest project ever by the third biggest revenue-generating state-owned entity Philippine Amusement and Gaming Corp. (PAGCOR).

The Bagong Nayong Pilipino Manila Bay Integrated City project is estimated to cost between $10 billion and $20 billion and will be developed in three phases.

First phase involves the construction of hotels, theme parks and casinos. Projects under the phase one will be completed over the next two years. It would be more the next tourist spot in the Philippines after the construction of Manila Ocean Park.

It will be a combined tourism area in the country offering a wide array of international grade facilities amenities such as luxury hotels, convention stores, state of the art theaters, sports stadiums, restaurants, shopping centers, cultural complexes and museums. Amusement parks and an Observation Tower will be among the tallest structures of its kind in the world.

The second and third phases includes the development of other tourism hubs in the country such as Clark in Pampanga and Cebu in the Visayas.

The Bagong Nayong Pilipino Manila Bay Integrated City is expected to generate not only an income in our economy, but an employment to our locals. Upon the completion, there are about 250,000 jobs waiting to fill up in various positions.

The Bagong Nayong Pilipino Manila Bay Integrated City is the answer to the Entertainment Industry in the country? If possible, to be known as one of the biggest entertainment industry in Asia which is now monopolized by Singapore, Macau, Thailand, Korea and Malaysia?

Is this a good news or a bad news?

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