The New at Entertainment City Project INVESTORS’ CONFERENCE 09 February 2017 | Makati Shangri-La, Philippines
Opening Remarks Atty. Grace Quevedo-Panagsagan Chairperson, Nayong Pilipino Foundaiton
Message from the Department of Tourism Hon. Wanda Corazon Tulfo-Teo
The New Nayong Pilipino: Vision and Concept Joseph Anthony Quesada Executive Director, Nayong Pilipino Foundation
The New For the 21 st Century
To put Philippine history, heritage, and culture on a global stage, but with the unforgettable impact and experience of a theme park with a Filipino brand.
The historic and current Filipino culture… that are enduring or just starting for the first time.
…An immersive adventure and creative cultural encounter with our past, our present, and our future.
DATI Drawing inspiration from our past to creatively tell the story of our historical culture
Our intent is to make sure that historic elements of our culture do not die out but thrive in today’s world and kept relevant through our people.
…shared in a manner that other nationalities can still find relevant.
Through the use of Filipino musicality, drama, technology, and creative storytelling, this space should be able to dramatize the Filipino spirit and soul and draw the fascination of foreign guests.
DATI NG Ipakita ang dati nang may dating
BUKAS Space for Cultural Innovation and Creation
Create future culture by encouraging contemporary executions of traditional skills for a 21 st century audience.
…intersections of culture, technology, theatricality, and traditional artisanship create possibilities that are incredible.
Main Loop, Lagoon, Amphitheater & Parking Conceptual Design
Nature District Conceptual Design
Historical District Thematic Layout Conceptual Design
Performance District Conceptual Design
Food & Beverage Conceptual Design
Creative Challenge How do we design a Nayong Pilipino for the 21 st century that will captivate the world through various elements of our historic and contemporary culture? How can we take significant elements of our history, heritage, and culture and present it with flair and impact? How do we take a broad range of visitors through an immersive cultural adventure?
HOW?
By gathering the most creative, theatrical, entertaining, and innovative professionals inside or outside our country.
WHY?
The New at Entertainment City Project INVESTORS’ CONFERENCE 09 February 2017 | Makati Shangri-La, Philippines
Be Because…
Overview of the Project Terms, PPP Bidding Process and Next Steps Atty. Mia Mary G. Sebastian Public-Private Partnership Center
General Information Implementing A Agencies (IAs) ü Department of Tourism and Nayong Pilipino Foundation Ap Applicable Pr Procurement Law ü RA No. 7718 or the Philippine Amended BOT Law Bi Bidding Ty Type ü Two-Stage Bidding Process (Pre-Qualification and Bidding Proper)
PPP Scheme: Build-Transfer-Operate-Maintain PRIVATE PARTNER IMPLEMENTING AGENCIES Financing, detailed design and Delivery of project site and conceptual construction of main parks and master plan recreation facility General oversight and supervision of Operation and maintenance of facility operation Annual and quarterly program content Special cultural and educational compliant with principles set in workshops contract Ticket pricing and distribution Contract management - Compliance channels review with KPIs and other regulations Marketing and promotions
Project Details Estimated Project Cost (based on conceptual design) ü Php 1.47 billion Concession Period ü 20-year concession period, exclusive of estimated 3-year construction period
Repayment Scheme Private Partner will be remunerated through the following: ü Operating revenue from parks and recreation facility; and ü Operating revenue from food and beverage section and other ancillary facilities At the option of the IAs, milestone payment representing a certain percentage of construction cost may be paid Repayment scheme will be finalized in draft concession agreement during bidding proper
Bidding Parameter Contract will be awarded to bidder who will submit: ü highest government share in gross operating revenue from main parks and recreation facility; or ü at the option of the IAs and as communicated to the bidders during bid proper, lowest one-time milestone lump sum payment after construction Bidding parameter will be finalized in draft concession agreement during bidding proper
Indicative Timeline Activities Date Advertisement March 2017 PQ Documents Submission July 2017 Bid Submission December 2017 Issuance of Notice of Award February 2018 Contract Signing April 2018 Issuance of Notice to Proceed October 2018 Estimated Construction End Date October 2021
The New at Entertainment City Project INVESTORS’ CONFERENCE 09 February 2017 | Makati Shangri-La, Philippines
OPEN FORUM
Closing Remarks Usec. Ferdinand A. Pecson Public-Private Partnership Center
The New at Entertainment City Project INVESTORS’ CONFERENCE 09 February 2017 | Makati Shangri-La, Philippines
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