Philippine Amusement and Gaming Corp. (Pagcor) and San Miguel Corp. (SMC) jointly commenced the construction of Pagcor's new corporate office building at the Bagong Nayong Pilipino complex in Pasay City. The P2.45 billion project, fully funded by SMC, will see the development of a 40,000-square-meter office space with an additional 15,000 sqm for fit-out.
OFFICIALS of the Philippine Amusement and Gaming Corp. and San Miguel Corp. on Thursday broke ground for the construction of the state gaming company's new corporate office building at the Bagong Nayong Pilipino complex in Pasay City.Construction of the future Pagcor corporate center on a 40,000-square-meter site, with an extra 15,000 sqm set aside for a thorough fit-out, will be fully bankrolled by SMC for P2.45 billion, at no cost to Pagcor .On Dec.
Tengco pointed out Pagcor has been operating from rented buildings under subpar conditions for more than 40 years, and its employees spread out across several locations.'Ang araw na ito ay katuparan ng isang pangarap para sa Pagcor na magkaroon ng sariling tahanan,' he said. 'We are truly blessed to witness this historic moment as we lay the groundwork for a vision that reflects our identity, core values and aspirations as an organization.
PRIVATE-PUBLIC PARTNERSHIP CONSTRUCTION PAGCOR SMC INFRASTRUCTURE
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