GGRAsia – Okada supportive of Philippine govt’s growth efforts

Okada supportive of Philippine govt’s growth efforts

Nov 29, 2016 Newsdesk Latest News, Philippines, Top of the deck

Japanese gaming entrepreneur Kazuo Okada has pledged support to the Philippines government in a recent courtesy visit to the Speaker of the country’s House of Representatives, Pantaleon Alvarez.

Mr Okada (pictured in a file photo) is developing Okada Manila, a private-sector US$2.4-billion casino resort in Manila that is due to have a first-phase launch in December.

“Mr Okada discussed and re-affirmed his commitment to support the government in its efforts in supporting local employment and improving economic growth,” stated a press release from Okada Manila.

The release did not disclose when the meeting took place.

Okada Manila “aims to employ a total of 8,000 workers,” said the release.

The first phase of the project covers 22 hectares (220,000 square metres) of the overall 44-hectare plot in which the casino resort stands.

Under an earlier plan for Okada Manila – which originally had the working title Manila Bay Resorts – the casino property should have been completed by March 31, 2015. But the local casino regulator approved in June 2015 a new timetable that pushed back the completion of the venue to December 31, 2016.