NayonLanding integrated resort set to open by 2022
Landing Resorts Philippines Development Corporation (“Landing Philippines”), a wholly owned subsidiary of Landing International Development Limited, together with its subsidiaries (the “Group”, HKEX Code: 00582) is on track to open a Filipino-inspired iconic integrated leisure and entertainment resort at the Entertainment City in Barangay Tambo, City of Parañaque, the Philippines (the “Integrated Resort”), following its groundbreaking ceremony this morning, hosted by Dr. Yang Zhihui, Chairman and Executive Director of Landing International. The Integrated Resort will be named “NayonLanding” which symbolizes the rich culture and heritage of the Philippines landing in the Entertainment City. It will be built on a parcel of land approximately 95,700sqm in size, with a planned construction floor area of approximately 610,000sqm. The development cost is estimated to be approximately USD 1.5 billion. The Integrated Resort will consist of an indoor cultural theme park and waterpark, Asia’s
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