Universal Studios theme park soon to rise in RP
By Zinnia De La Peña
Monday, April 7, 2008
The arrival of a Universal Studios theme park in the Philippines is creating a huge buzz after the Genting Berhad Group secured the Philippine Amusement and Gaming Corp.(Pagcor)’s nod for its proposed project within the Las Vegas-like Bagong Nayong Pilipino-Manila Bay Integrated Tourism City.
Pagcor chairman and chief executive officer Efraim Genuino said the Genting Group has committed to develop 35 hectares of the 90-hectare prime reclaimed land facing Manila Bay into a world-class tourist destination.
Genuino said the Genting Berhad Group is planning to invest $3 billion in the Manila Bay Integrated City, the Philippines’ biggest tourism development project.
The Genting Berhad Group owns the Genting Highlands Resort in Malaysia and holds the exclusive development rights of film giant Universal Studios in Asia. It has teamed up with its subsidiary Star Cruises and Alliance Global Inc., the listed investment holding firm of retail tycoon Andrew Tan, for its proposed project in the $15-20 billion casino resort complex along Manila Bay.
Genuino said the Genting Berhard Group’s proposal includes the development of leisure and entertainment facilities including a theme park, state-of-the-art theaters, amusement and cultural centers, retail and gaming center and hotels.
Universal Studio’s movie-theme Hollywood park has 13 attractions based on movies including Shrek, Jurassic Park and The Terminator. Excluding its restaurants and theaters, the theme park alone draws about four million visitors a year.
Besides Hollywood, Universal Studios has other parks in Orlando, Barcelona and Osaka, Japan.
now, isnt that cool? click here for more of the article. but its kind of an overdue project right? the clip's still dated 2008 and its 2009. well, im keeping my hopes up.
thank you letsgotophilippines.blogspot.com for the feed.
0 comments:
Post a Comment