Suncity Group signs construction contract for Manila integrated resort project
Friday 20 de November 2020 / 22:53
⏱ 1 min read
(Manila).-Hong Kong-listed Suncity Group Holdings Limited has signed a PHP6.2 billion (MOP1 billion/US$130.2 million) contract with Philippines construction group Megawide Construction Corporation for the main construction works of a future Westside City Resorts 5-Star hotel and casino at the Manila Bayshore Integrated City.
The agreement was signed through Suncity’s direct subsidiary in the country, Suntrust Home Developers, Inc., and is divided into two construction agreements, a PHP4 billion agreement for construction of the basement, podium and tower of the resort, and a PHP2.2 billion agreement for the construction work of pile cap, excavation and lateral support and additional pile cap area.
The first contract phase is set to be completed within 910 calendar days from the signing of the first agreement, with the second contract phase completed within 252 calendar days from signing the second agreement.
Construction works will take place in Lot 5 & 6, Jose W. Diokno Boulevard, Barangay Tambo, Paranaque City located within the 100-hectare Entertainment City, a projected integrated tourism estate and entertainment complex along Manila Bay.
SunTrust has a lease agreement with Westside City Resort World Inc., a subsidiary of Travellers International Hotel Group, Inc., for the use of the site where the Westside City Resorts World will be developed, with US$200 million to be paid for the use of the project site and reimbursement of the costs incurred for the project.
The 5-Star hotel is expected to include at least 400 rooms, a casino with 400 gaming tables and 1,200 slot machines for both mass and VIP markets.
Categoría:Casino
Tags: Sin tags
País: Philippines
Event
BiS SiGMA South America 2026
06 de April 2026
Pay4Fun’s Leonardo Baptista on BiS SiGMA South America 2026: Regulation, Market Maturity and Brazil’s Expanding Opportunities
(São Paulo, SoloAzar Exclusive).-In this interview at BiS SiGMA South America 2026, Leonardo Baptista, CEO and co-founder of Pay4Fun, shares insights on the event’s strategic importance for the Latin American gaming industry. He highlights the growing maturity of regulatory discussions, the increasing focus on compliance and sustainability, and the expanding opportunities in Brazil—one of the most promising regulated markets globally.
Thursday 07 May 2026 / 12:00
Air Dice Strengthens LATAM Presence with BiS SiGMA São Paulo Trade Show
(São Paulo, SoloAzar Exclusive).- Erkki Nikunen, Partner & CBDO at Air Dice, discussed the company’s participation at BiS SiGMA São Paulo. In this exclusive conversation with SoloAzar, he shares insights on their experience as exhibitors, business opportunities generated, and the company’s vision for Brazil and the wider Latin American market.
Wednesday 06 May 2026 / 12:00
R. Franco Digital Sees Brazil as Key Pillar for LATAM Expansion at BiS SiGMA South America
(São Paulo, SoloAzar Exclusive).- At BiS SiGMA South America, R. Franco Digital highlighted Brazil’s vast growth potential and the importance of localized, innovative slot content for Latin American audiences. In this Q&A, Thiago Calmon, International Key Account Manager, reported high-quality meetings, new operator discussions, and reinforced partnerships—underscoring its long-term commitment to the region.
Wednesday 06 May 2026 / 12:00
SUSCRIBIRSE
Para suscribirse a nuestro newsletter, complete sus datos
Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.
