BCDA, Widus sign deal for P12-B resort in New Clark City | Inquirer Business

BCDA, Widus sign deal for P12-B resort in New Clark City

/ 02:42 PM October 25, 2019

Bases Conversion and Development Authority president Vivencio Dizon and Widus Group president Dae Sik Han sign a lease agreement on Friday for a 450-hectare luxury mountain resort. PHOTO BY TONETTE OREJAS

CLARK FREEPORT—-The Bases Conversion and Development Authority (BCDA) and the Widus Group on Friday, Oct. 25, signed a lease agreement for a P12-billion luxury resort at the New Clark City (NCC) in Capas, Tarlac.

The agreement was signed by BCDA president and chief executive officer Vivencio Dizon and Widus president and CEO Dae Sik Han at the Clark Marriott here.

ADVERTISEMENT

The resort will be built on a 450-hectare land inside the 9,500-ha NCC. Widus is the developer of the Widus Hotel & Casino and Clark Marriot Hotel here.

FEATURED STORIES

Dae said the next project is Hann Lux, which will feature the global brands Banyan Tree Hotel, Angsana Hotel, Westin and Luxury Collection by Marriott.

Hann Lux’s will stand at the southernmost part of NCC. Its first phase, to cost P5 billion, will be completed in five years. Tonette Orejas/TSB

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

TAGS: Agreement, BCDA, casino, Clark, hotels, resort

© Copyright 1997-2024 INQUIRER.net | All Rights Reserved

We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.