The Ninoy Aquino International Airport (NAIA) serves as the main airport of the Philippines situated within the city of Pasay and Paranaque. NAIA is the main gateway of Philippines for tourists who want to explore the beauty and fun in the Philippines. It is the center of the international airlines aside from international airports in major metropolitan cities in the Philippines. The name of the airport was coined after the father of the present president of the Philippines, late Senator Benigno “Ninoy” Aquino, who was then fought the democracy of the Philippines from the regime of the Marcos Administration.
A record breaking annual passenger was recorded last year, 2011 making it to more than 29 million passengers – making one of the busiest airports in Asia.
This only indicates that Philippine tourism is active. Investors for real estate, tourism, gaming flux in the Philippines because of the business potential and very promising development within Metro Manila especially surrounding the airports.
MANILA BAY DEVELOPMENTS
Last March 2012, Senators want to make sure the compliance of the development along Manila Bay since the constructions started in 2007. The “Las Vegas-style” complex, to be built near Manila Bay, is supposed to feature six-star hotels, gaming facilities, malls, museums, cultural centers, sports arenas, residential villages and theme parks.
It is supposed to boost tourist arrivals and generate new jobs in the country and capture at least 10 percent in the global gaming market, which is estimated at $115 billion annually.
Pimentel said four companies have been granted licenses to build, own, and operate integrated resorts within the comlpex, including Travellers International Hotel Group, SM consortium, Tiger Resorts Leisure and Entertainment Inc., and Bloomberry Resorts and Hotels Incorporated.
Please see the video here for the updates of the construction and the development.
If you need assistance on how to invest on properties surrounding the area, please fill up this form or call 218-8637 or 0999.994.0522.
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