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Philippines: US$ 120-M hotel-casino resort rises in Subic.
Section: Business News - A 15-story integrated resort-hotel worth US$ 120 million will soon rise along the Waterfront Drive in this free port to provide a landmark development complete with convention center and casino.
The project, which will be known as Ocean 9 Casino and Hotel Resort, broke ground recently, with Subic Bay Metropolitan Authority (SBMA) Administrator Armand Arreza and Moon-Sung Choi, chairman of the proponent-firm Grand Utopia, Inc., leading the ceremony.
The event was witnessed by Philippine Amusement and Gaming Corp. (PAGCOR) chairman and CEO Efraim Genuino, Olongapo City Mayor James Gordon Jr., Zambales Vice-Gov. Anne Gordon, and …
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