Bloomberry Resorts plans to start construction of a $308-million cruise port in Parañaque City in the third quarter of the year, local media reported chairman and CEO Enrique Razon as saying on the sidelines of the group’s annual shareholder meeting.
Razon told media that the firm has completed the master plan for the Solaire Cruise Center, from where it hopes to develop a Philippine-centric cruise industry.
“We are set to start construction in the third quarter of the year and hope to complete phase one by 2021,” Razon said.
The proposed facility includes marine and terminal facilities, homeport and port-of-call operations, an expanded harbor offering dining, retail, shopping, entertainment and maritime recreation and walkable esplanades and plazas.
Razon also said Bloomberry hopes to break ground on its second integrated resort – Solaire Metro North, in Quezon City – later this year, though the budget has not yet been finalized.