Offices in the mix, too
The Udenna Group will invest up to $5 billion in 10 years on a casino complex in the Philippines called Clark Global City.
According to Manila Bulletin Business, Udenna says the complex, to be built in the Clark Freeport Zone at the site of a former U.S. airbase to become the new central business district for Central Luzon.
“Clark Global City will offer a global business destination and spur economic transformation outside of Metro Manila, complementing the government’s efforts to spread growth across the country,” said Udenna Chairman and CEO Dennis Uy.
The complex will also include a hotel, office buildings, retail outlets, sports centers, an urban park, a hotel and a 10-hectare (25-acre) entertainment center.
Executives will take a road show about the project to potential investors in Hong Kong, Beijing and Tokyo, MBB reported.
