JG Summit Holdings Inc., known to be one of the largest Philippine conglomerates, is planning to build a hotel, casino, convention center, as well as multiple dining and entertainment facilities as part of its proposed project.
Cebu City Mayor Tomas Osmeña explained that
under JG Summit’s plan, the resort will feature four towers with a hotel
portion with 1,000 rooms.
The official went on to say that when a developer is investing an enormous
amount of money that usually involves a larger development project with
different venues and attractions.
It also became known that JG Summit will be working with a foreign partner if its proposal is given the green light by Cebu officials. More details about the multi-billion project are to be revealed in the next few weeks.
Source: GMB / Casino News Daily
