Hong Kong Company Announces $1.2 Billion Integrated Resort and Casino Project in Manila

Hong Kong-based real estate and hospitality company, Suncity Group, recently announced a $1.2 billion integrated resort and casino project in Manila, Philippines. The project, which is expected to be completed by 2022, will be located in the Entertainment City district of the city.

The resort and casino will be a luxurious destination for tourists and locals alike. It will feature a five-star hotel, a shopping mall, a variety of restaurants, and a casino. The casino will offer a wide range of gaming options, including slots, table games, and sports betting. Additionally, the resort will have an outdoor pool, spa, and fitness center.

The project is part of Suncity Group’s larger plan to expand its presence in Asia. The company already has a presence in Macau, Vietnam, and Cambodia. This new project in Manila will be the company’s first venture into the Philippines.

The project is expected to create thousands of jobs in the area. Suncity Group estimates that it will create more than 4,000 direct jobs and 10,000 indirect jobs. Additionally, the project is expected to generate millions of dollars in tax revenue for the local government.

The project is part of the Philippine government’s plan to develop the Entertainment City district. The government has been encouraging foreign investment in the area in order to create more jobs and boost the local economy. Suncity Group’s investment is seen as a major step forward for this plan.

Overall, Suncity Group’s $1.2 billion integrated resort and casino project in Manila is an exciting development for the city and the country as a whole. It is expected to create thousands of jobs and generate millions of dollars in tax revenue for the local government. Additionally, it will provide a luxurious destination for tourists and locals alike.