Landing International Development Ltd. says it has been granted an extension by the Philippine Amusement and Gaming Corp. (PAGCOR) to find new land for a planned integrated resort in Manila’s Entertainment City.
The company’s original 50-year lease for a parcel of land located between Okada Manila and Solaire was cancelled by Philippines President Rodrigo Duterte in August 2018. The company then was given until March to find a new location or have its provisional license revoked. The company says PAGCOR has extended the deadline as a result of Covid-19.
“Due to the lockdown and travel restriction in the Philippines, the group has faced difficulties in identifying another lease of land as required by PAGCOR for the development of an integrated resort the Philippines,” the company explained.
The US$1.5 billion project will include a casino, luxury hotel, indoor waterpark, cultural theme park, movie theme park and convention center.
