Bloomberry Resorts Corporation has announced the establishment of a new corporate entity, Bloomberry Cruise Terminals Inc. (BCTI), tasked with developing, managing and operating cruise terminals.
Described as a complementary line of business to the tourism and leisure business of Bloomberry, which owns and operates Manila’s Solaire Resort and Casino, BCTI will start with a new cruise port being developed in Salomague in the northern Philippines where Bloomberry subsidiary Sureste was recently awarded a 10-year lease by the Philippines Port Authority.
It will also manage the US$308 million cruise ship port to be built alongside Solaire in Manila’s Entertainment City
“The Tourism Infrastructure and Enterprise Zone Authority (TIEZA) has recently approved the designation of the proposed Solaire Cruise Center and Yacht Harbor as a Tourism Enterprise Zone (TEZ), subject to certain conditions,” Bloomberry said.
When complete, the new Entertainment City port will not only include terminal facilities but expanded entertainment facilities such as retail, dining, maritime recreation options and public esplanades.
Bloomberry has previously stated its intention to begin construction of the cruise port in 3Q19 with Phase 1 to be completed in 2021.
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