AGI Invests $172 Million to Transform Manila’s Tourism with Newport Upgrade and Westside City Development
Alliance Global Group Inc. (AGI) is making a significant investment to reshape Manila’s tourism and leisure landscape with $172 million allocated for upgrading the existing Newport World Resorts and developing the new Westside City project in Entertainment City, Manila. This financial commitment highlights AGI’s strategic focus on enhancing its hospitality and entertainment offerings to meet international standards of luxury and leisure.
Comprehensive upgrade of Newport World Resorts:
Newport World Resorts, a cornerstone of Manila’s leisure offerings, is slated for a transformative upgrade. This renovation aims to elevate the resort’s facilities, incorporating modern luxury touches and expanding entertainment venues to enhance the overall visitor experience. The upgrade is part of AGI’s strategy to ensure that the resort not only retains its high standing in the competitive tourism market but also attracts a more diverse, global clientele.
AGI’s vision for Westside City is to create a sprawling 31-hectare luxury township that promises to be a game-changer in Manila’s Entertainment City. The planned development includes high-end residential areas, a state-of-the-art casino, luxury shopping malls, and a variety of cultural and entertainment venues. Key highlights of Westside City include prestigious hotel brands like Hotel Okura Manila and Genting Grand, which are expected to add approximately 1,500 new hotel rooms to Manila’s accommodation offerings.
As Inside Asian Gaming reports, Westside City aims to become the “Broadway of Asia,” with the establishment of the Philippines’ first Grand Opera House. This venue is expected to have a seating capacity of 3,000, offering a new cultural pillar for the performing arts in the region. This ambitious project underlines AGI’s commitment to enhancing the cultural fabric of Manila and providing a platform for showcasing Filipino and international performing arts.
Economic and cultural impact of AGI’s investments:
The economic implications of AGI’s projects are profound. By revitalizing Newport World Resorts and bringing Westside City to life, AGI is set to boost the local economy through increased tourism, job creation, and related business opportunities. These projects are expected to draw more international visitors to Manila, thus boosting the local economy and enhancing the Philippines’ position as a premier tourist destination in Asia.
Moreover, these developments are anticipated to catalyze growth in various sectors, including real estate, retail, and the cultural sector, aligning with the government’s broader economic goals. The focus on luxury and cultural offerings is particularly strategic, aiming to attract a higher-spending demographic while also enriching the local cultural scene.
According to Asia Gaming Brief, Alliance Global Group’s investment in upgrading Newport World Resorts and developing Westside City reflects a clear vision for the future—a future where Manila is not only a hub for tourism and entertainment but also a beacon of cultural richness in Asia. Through these projects, AGI demonstrates its commitment to innovation, quality, and the economic development of the Philippines, ensuring that Manila continues to shine on the global stage as a top destination for travelers and cultural enthusiasts alike.