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P1-B hotel-casino to rise at Clark

Monday, May 19, 2008 [ sunstar.com.ph ]

CLARK FREEPORT -- A P1-billion tourism-related establishment is set to rise inside this Freeport, the Clark Development Corp. (CDC) announced.

This, after the Blue Bonnet Amusement Corp. recently held groundbreaking rites signaling the construction of Saint Hiyan Hotel and Casino, said CDC Executive Vice President Philip Jose Panlilio.

Panilio, who was among the executives who participated in the groundbreaking rites, said the presence of Saint Hiyan Hotel and Casino will bolster the potential of Clark as a magnet for tourism-related investments in the Central Luzon region.

He added that, aside from boosting the tourism industry of Clark and the rest of the region, Saint Hiyan Hotel and Casino will also generate employment as it plans to hire at least 600 workers once fully operational.

Richard Kwon, chief executive officer of Blue Bonnet, said the company has done its best efforts to build a casino and hotel here since 2007.

Kwon added that he is pleased to announce that the groundbreaking event as been the result of the support, kind contribution, and continuous efforts of friends and partners like the CDC.

In December 2005, Blue Bonnet signed a lease agreement with the CDC for the establishment of a P1-billion tourism-related investment here.

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