<\/p>\n
PRESIDENT <\/strong>Ferdinand R. Marcos Jr. on Saturday, April 27, 2024, led the capsule laying ceremony in Mactan Cebu for Megaworld\u2019s grand township Mactan Expo Center as he underscored its future contributions in nation-building, particularly in tourism investments.<\/strong><\/p>\n <\/p>\n <\/p>\n \u201cI am delighted to be here in Mactan Newtown to lead the capsule laying of the Mactan Expo Center, which is a part of the grand township being developed by our friends in Megaworld,\u201d President Marcos said in his speech shortly after the capsule laying ceremony in Mactan Newtown, Lapu-Lapu City.<\/strong><\/p>\n <\/p>\n <\/p>\n \u201cOver the years, the Alliance Global Group, as ably led by Kevin, has always been committed and reliable partner to the government in nation-building, particularly in terms of tourism investments and in general development, land development,\u201d he stated.<\/strong><\/p>\n <\/p>\n <\/p>\n The chief executive recognized Megaworld\u2019s role in shaping the Philippines to becoming the hub of progress through its pioneering live-work-play township development in Mactan Newtown, citing it as the latest proof of the developer\u2019s passion, dedication and brilliance; and envisioning it as a major destination for key local and international business events.<\/strong><\/p>\n <\/p>\n <\/p>\n \u201cBecause through their pioneering live-work-play township development, they have cemented their role as a crucial player in shaping the Philippines as a hub of progress. The Mactan Newtown is the latest testament to their team\u2019s passion, dedication, and brilliance\u2013and new concepts, and new ideas on how to develop our country. This township will further strengthen the city\u2019s position as a major destination for key business events, both local and international,\u201d he said.<\/strong><\/p>\n <\/p>\n <\/p>\n As the President led the ceremonial capsule laying for the P1.5-billion Mactan Expo Center, he hailed it as the source of pride, not just for Cebu but for the entire Philippines, as well as a first-of-a-kind development in the province.<\/strong><\/p>\n <\/p>\n <\/p>\n \u201cToday, we will witness the laying of another cornerstone in this township as the Alliance Global Group set to build a world-class convention center that will be a source of pride not just for Cebu, but for the entire country,\u201d President Marcos said.<\/strong><\/p>\n <\/p>\n <\/p>\n \u201cCurrently, there has yet to be a standalone convention center in the province and this 1.5-billion peso Mactan Expo Center is truly a first-of-a-kind development here in Cebu,\u201d he noted.<\/strong><\/p>\n <\/p>\n <\/p>\n The President expressed the township\u2019s potential in generating more employment and business opportunities; in solidifying the current country\u2019s position as events destination; and in enticing more investments through the Meetings, Incentives, Conventions, and Exhibitions (MICE) sector.<\/strong><\/p>\n <\/p>\n <\/p>\n \u201cBy tapping the huge potential of the Meetings, Incentives, and Exhibitions or the MICE sector, the Mactan Expo Center will enable us to generate more employment and business opportunity to solidify our position as an events destination, and entice even more investments,\u201d he said.<\/strong><\/p>\n <\/p>\n <\/p>\n The President also recognized the strategic location of the development, particularly its proximity to Mactan-Cebu International Airport, resorts, and hotel development and the investments opportunities will solidify Lapu-Lapu City and the province of Cebu as the leading driver of growth and prosperity in the country.<\/strong><\/p>\n <\/p>\n <\/p>\n The President reiterated the government\u2019s vow to continuously invest on infrastructure projects in Lapu-Lapu city, which include DPWH\u2019s P2.9-billion project; road widening projects in the Mactan Circumferential Road and the Mactan Airport Road; and future major projects on road connectivity such as the ODA-assisted Cebu-Mactan 4th Bridge and Lapu-Lapu City Coastal Road, all aimed to address traffic congestion in Cebu.<\/strong><\/p>\n <\/p>\n <\/p>\n President Marcos visited Cebu to commemorate the 503rd Anniversary of the Victory at Mactan and to recognize the Alliance Global Group, Megaworld, the City Government of Lapu-Lapu for the Public-Private partnership, setting a great example for other localities and businesses.<\/strong><\/p>\n <\/p>\n","protected":false},"excerpt":{"rendered":" PRESIDENT Ferdinand R. Marcos Jr. on Saturday, April 27, 2024, led the capsule laying ceremony in Mactan Cebu for Megaworld’s grand township Mactan Expo Center<\/p>\n","protected":false},"author":1,"featured_media":5353,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"_links":{"self":[{"href":"https:\/\/journaldailynewsonline.com.ph\/index.php\/wp-json\/wp\/v2\/posts\/5352"}],"collection":[{"href":"https:\/\/journaldailynewsonline.com.ph\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/journaldailynewsonline.com.ph\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/journaldailynewsonline.com.ph\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/journaldailynewsonline.com.ph\/index.php\/wp-json\/wp\/v2\/comments?post=5352"}],"version-history":[{"count":2,"href":"https:\/\/journaldailynewsonline.com.ph\/index.php\/wp-json\/wp\/v2\/posts\/5352\/revisions"}],"predecessor-version":[{"id":5356,"href":"https:\/\/journaldailynewsonline.com.ph\/index.php\/wp-json\/wp\/v2\/posts\/5352\/revisions\/5356"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/journaldailynewsonline.com.ph\/index.php\/wp-json\/wp\/v2\/media\/5353"}],"wp:attachment":[{"href":"https:\/\/journaldailynewsonline.com.ph\/index.php\/wp-json\/wp\/v2\/media?parent=5352"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/journaldailynewsonline.com.ph\/index.php\/wp-json\/wp\/v2\/categories?post=5352"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/journaldailynewsonline.com.ph\/index.php\/wp-json\/wp\/v2\/tags?post=5352"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}