In the Philippines and local casino operator, Bloomberry Resorts Corporation, has reportedly confirmed plans to construct a two-berth cruise ship terminal for its 800-room Solaire Resort and Casino.

Fresh subsidiary:

According to a report, the Manila-listed firm used an official filing to declare that it had founded an entity known as Bloomberry Cruise Terminals Incorporated to ‘establish, manage and operate’ the Solaire Cruise Center and Yacht Harbor as a ‘complementary line of business’ to its more traditional ‘tourism and leisure business.’

Giant development:

GGRAsia had earlier reported that work on the Solaire Cruise Center and Yacht Harbor is expected to begin in August or September following the completion of a competitive tender process and be completed by the third quarter of 2021. The facility for the Entertainment City casino will be able to handle some of the world’s largest vessels including those serving mainland China such as the Global designation from Genting Hong Kong Limited’s Dream Cruises brand alongside Royal Caribbean International’s Oasis class and allow passengers to disembark close to the Solaire Resort and Casino.

Salomague precursor:

The filing from Bloomberry Resorts Corporation reportedly also detailed that the Manila enterprise is to be complemented by the earlier construction of a smaller facility near to the northern Luzon community of Salomague where passengers will be required to disembark using tenders.

Reportedly read the filing from Bloomberry Resorts Corporation…

“The operation of this new company will start with the tender facility that Bloomberry Resorts Corporation’s subsidiary Sureste Properties Incorporated will establish under a lease with the Philippine Ports Authority in the port of Salomague in Cabugao, Ilocos Sur. Another cruise terminal project that this new company will manage in the future is the proposed Solaire Cruise Center and Yacht Harbor.”

Distinct designation:

Finally, GGRAsia reported that the filing moreover revealed that the planned Solaire Cruise Center and Yacht Harbor had already been granted Tourism Enterprise Zone designation by the Philippines’ Tourism Infrastructure and Enterprise Zone Authority. It purportedly explained that this award will allow the project to take advantage of numerous fiscal and non-fiscal incentives such as a six-year holiday from income tax as well as the ability to offer duty-free goods and services.