Megaworld Corp., the property firm of tycoon Andrew Tan, said Tuesday it will spend P1.5 billion to build a two-level standalone convention center within the 30-hectare The Mactan Newtown project in LapuLapu City.
The convention center will offer almost one hectare of space for meetings, incentives, conventions and exhibitions, or MICE. The ground level will have a convention hall that could accommodate up to 2,500 people while the mezzanine will have to meeting rooms for smaller events.
“We hope to build another iconic landmark not just for Mactan but for the entire province of Cebu. This convention center will be a unique standalone structure that will help boost the province’s booming MICE industry,” said Kevin Tan, chief strategy officer at Megaworld.
The Mactan Expo Center will be compliant with the requirements of the Philippine Green Building Council as it integrates several sustainability features into the structure, such as the use of low emissivity façade glass, low flow water fixtures, and having its own rainwater recycling facility as well as a sewage treatment plant and materials recovery facility.
The township already has two hotel properties being operated and managed by Megaworld Hotels & Resorts, the country’s largest developer of 100 percent Filipino homegrown hotel brands. These include the 547-room Savoy Hotel Mactan Newtown and the 550-room Belmont Hotel Mactan.
