Philippine Amusement and Gaming Corporation’s (PAGCOR’s) biggest tourism and entertainment project, dubbed as Entertainment City Manila, will be constructed in Paranaque City.
Paranaque City Mayor Florencio Bernabe signed recently Resolution 188 to endorse PAGCOR’s project.
With the resolution drafted by the Para?aque City council, PAGCOR’s project will be accorded the benefits available under Republic Act No. 7916, otherwise known as the Economic Zone Act of 1995.
Under this agreement, PAGCOR’s multi-billion project will occupy some 150 hectares of land along Para?aque City’s reclamation area to beef up the country’s entertainment and tourism potential.
The project will also be hailed as a special investment district, which will provide project locators with economic incentives such as tax holidays. (more…)
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