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Noynoy defies Church, welcomes offshore tourism, casino complex

Saturday, July 14, 2012



President Aquino, who has repeatedly claimed  he is against efforts to transform the country into a premier gambling destination, just found himself welcoming corporate developments hinting at a possible joint venture between the Gokongwei property development firm and Macau casino magnate Kazuo Okada.

At the regular press briefing in Malacañang, Communications Secretary Ricky Carandang described the imminent partnership between Robinsons Land Corp. (RLC) and the famous casino mogul behind Macau’s casino boom as a welcome development.

The reported joint venture, which has already been approved in principle by both parties, embarks on multibillion-dollar tourism and casino complex “Entertainment City Manila.”

“If there is interest in investing in the Philippines, we certainly welcome this activity,” said Carandang who was made to fill the shoes of the President’s spokesman....MORE


SourceThe Daily Tribune

URL: http://www.tribuneonline.org/index.php/metro-section/item/1498-noynoy-defies-church-welcomes-offshore-tourism-casino-complex

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