at Entertainment City Project
INVESTORS’ CONFERENCE
The New
09 February 2017 | Makati Shangri-La, Philippines
INVESTORS CONFERENCE 09 February 2017 | Makati Shangri-La, - - PowerPoint PPT Presentation
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
at Entertainment City Project
INVESTORS’ CONFERENCE
The New
09 February 2017 | Makati Shangri-La, PhilippinesOpening Remarks
Chairperson, Nayong Pilipino Foundaiton
Message from the Department of Tourism
The New Nayong Pilipino: Vision and Concept
Joseph Anthony Quesada Executive Director, Nayong Pilipino Foundation
For the 21st Century
The New
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.
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
…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.
Ipakita ang dati nang may dating
Space for Cultural Innovation and Creation
Create future culture by encouraging contemporary executions of traditional skills for a 21st century audience.
…intersections of culture, technology, theatricality, and traditional artisanship create possibilities that are incredible.
Main Loop, Lagoon, Amphitheater & Parking
Conceptual DesignNature District
Conceptual DesignHistorical District
Conceptual DesignPerformance District
Conceptual DesignFood & Beverage
Conceptual DesignCreative Challenge
How do we design a Nayong Pilipino for the 21st 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?
By gathering the most creative, theatrical, entertaining, and innovative professionals inside or
at Entertainment City Project
INVESTORS’ CONFERENCE
The New
09 February 2017 | Makati Shangri-La, PhilippinesOverview of the Project Terms, PPP Bidding Process and Next Steps
Public-Private Partnership Center
General Information
Implementing A Agencies (IAs)
ü Department of Tourism and Nayong Pilipino FoundationAp Applicable Pr Procurement Law
ü RA No. 7718 or the Philippine Amended BOT LawBi 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 construction of main parks and recreation facility Delivery of project site and conceptual master plan Operation and maintenance of facility General oversight and supervision of
Annual and quarterly program content compliant with principles set in contract Special cultural and educational workshops Ticket pricing and distribution channels Contract management - Compliance review with KPIs and other regulations Marketing and promotions
Project Details
Estimated Project Cost (based on conceptual design)
ü Php 1.47 billionConcession Period
ü 20-year concession period, exclusive of estimated 3-yearconstruction 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 otherancillary 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 mainparks and recreation facility; or
ü at the option of the IAs and as communicated to the bidders duringbid 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
at Entertainment City Project
INVESTORS’ CONFERENCE
The New
09 February 2017 | Makati Shangri-La, PhilippinesOPEN FORUM
Closing Remarks
Public-Private Partnership Center
at Entertainment City Project
INVESTORS’ CONFERENCE
The New
09 February 2017 | Makati Shangri-La, Philippines