“From the [Landing] group\u2019s view point, the recent decision of the Philippine Government to replace members of the NPF board of trustees did not affect the validity of the subject contract of lease,\u201d Landing said.<\/strong><\/p><\/blockquote>\n25-Year Lease<\/strong><\/h2>\nLanding also revealed the true length of the lease — which is for 25 years, then renewable to 50, subject to approval by Philippine authorities.<\/p>\n
In September 2017, Landing\u2019s chairman, Dr.\u00a0Yang Zhihui, made a pilgrimage to Manila with his senior management team to meet with Duterte to discuss the proposal. In a subsequent press release, Landing claimed the president exhibited \u201ckeen interest\u201d and \u201coverwhelming support\u201d when he heard of the company\u2019s billion-dollar investment plans.<\/p>\n
\u201cUnless the lease contract is cancelled or nullified on solid legal grounds by the courts, Landing has reason to believe that it is a valid leaseholder and can legally proceed with its project,\u201d the company asserted this week.<\/p>\n","protected":false},"excerpt":{"rendered":"
Landing International is pressing ahead with the construction of its $1.5 billion NayonLanding integrated resort in the Philippines\u2019 Entertainment City, despite having incurred the ire of the country\u2019s strongman president Rodrigo Duterte. According to the Philippine Star on Monday, \u201cbulldozers, backhoes, graders, cement mixers and dump trucks\u201d were out in force on the plot of […]<\/p>\n","protected":false},"author":36,"featured_media":86242,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[21,18,61],"tags":[],"acf":[],"yoast_head":"\n
Landing Continues Construction of Philippine Resort in Defiance of Duterte<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n