Landing Obtains Approval to Develop an Iconic Filipino-Inspired - Integrated Leisure and Entertainment Resort in the Philippines

01 May 2018

(1 May 2018, Hong Kong) Landing International Development Limited (“Landing International”, HKEX Code: 00582) is pleased to announce that the Sangguniang Panlungsod of the City of Parañaque (the legislature of the City of Parañaque, ‘‘Parañaque City Council’’) has approved the plan for Landing Resorts Philippines Development Corporation (‘‘Landing Philippines’’), a wholly owned subsidiary of Landing International, to operate an integrated leisure and entertainment resort and casino in the Entertainment City in Barangay Tambo, City of Parañaque, the Philippines (the “Integrated Resort”).

The Integrated Resort will be built on a parcel of land approximately 95,700 sq m in size, with a planned construction floor area of approximately 500,000 sq m. It will consist of a casino, an indoor cultural theme park featuring the Philippines’ rich history, culture and heritage, an indoor themed waterpark, Asia’s first indoor movie-based theme park, a world-class state-of-the-art convention centre, luxury hotels and international retail and dining.

Dr. Yang Zhihui, Chairman and Executive Director of Landing International, said, “We are thankful for the strong support from the Mayor and Paranaque City Council for our plan to develop an iconic integrated resort in the Entertainment City that will feature uniquely Filipino-inspired architecture and interior design that distinctly incorporate Filipino values, culture and heritage. The resort will be named “NayonLanding” which symbolises the rich culture and heritage of the Philippines landing in the Entertainment City. NayonLanding will be a family-oriented resort that promises a distinctly different, must see / must experience culture, leisure and entertainment destination, capturing the hearts and minds of domestic and international visitors of all ages, and together with the existing casino resorts, namely Solaire Resort and Casino, City of Dreams Manila and Okada Manila, offers a wide range of leisure and entertainment facilities in the entertainment city and enhances Manila’s reputation as a modern global city with rich heritage and culture.”

Landing Philippines has applied and is awaiting for approvals from other relevant authorities  to develop and operate the Integrated Resort.