Millennium Pan-Asia bags license to develop $300-M resort in Cebu
on August 13, 2017
[Philstar] MANILA, Philippines — Millennium Pan-Asia Hotel and Resort Inc. obtained a provisional license from the Philippine Amusement and Gaming Corporation to develop a $300-million integrated resort and casino in Mandaue, Cebu. The provisional license was signed between the parties on Aug. 9, 2017.
A new level of luxury is arriving in the City of Mandaue. Millennium will pioneer a landmark, mixed-use development in the heart of Mandaue City, one of the fastest growing urban developments in Cebu.
It will be the first lifestyle resort to offer a modern integrated entertainment hub, anchored by a world-class casino, and supported by a diverse array of contemporary entertainment and leisure facilities, such as hotels, shopping areas, restaurants, cinemas and theater that cater to the luxurious lifestyle of both domestic and international business and leisure travelers.
An emerging contemporary lifestyle district at the center of the city is targeted to open on the third quarter of 2020. The project will be a lifestyle hub aimed to reshape living, dining and shopping experiences of every guest.
Its hotel will have well-appointed rooms that boasts of providing the ultimate comfort for the most discerning tastes. The project shall contain a diversified mix of retail and shopping areas, including premium international brands, that caters to all the needs of both local and foreign tourists. Guests may explore a variety of innovative cuisines from around the world with several dining concepts, such as the best Chinese, Korean and Filipino cuisines.
According to Justin Xiao, Chief Executive Officer of Millennium, he is positive that the project will be “a world class entertainment center and most popular place in Cebu.”
Xiao mentioned that the project will generate at least 4,000 employment opportunities. The strategically located world-class integrated resort will boost the tourism and economy in Cebu. Millennium is also committed to set up a foundation that focuses on the enhancement of cultural heritage as a way of giving back to the community.