Pagcor City seen to draw $6B in investments

SM expected to pour in $1B.

MANILA, Philippines – The state-owned Philippine Amusement and Gaming Corp. expects the infusion of $6 billion worth of fresh investments into the development of the 800-hectare entertainment complex on Roxas Boulevard.

The SM group, one of the big investors in the “Pagcor City” project, is now finalizing plans for its piece of the gaming and entertainment complex, Pagcor chair Efraim Genuino said in an interview.

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