BACOLOD CITY – Chinese taipan Andrew Tan vowed to help this city reach dragon status by building townships and putting up other businesses here.
Tan, who was guest speaker during the BacoLaodiat Festival’s Spring Gala night, praised Leonardia for the BacoLaodiat, which celebrates “unity amid cultural diversity,” and called it a landmark festival in the country.
The honorary mayor and adopted son said tourism programs such as the Bacolaodiat “allow us to celebrate our culture and know the locality.”
Tan chairs Alliance Global that reported consolidated revenues of P156.8 billion and a net income of P23.7 billion in 2018.
Among AG’s subsidiaries are Emperador Brandy, Megaworld, The Bar, McDonald’s, Travellers International, Resorts World, and Global Estate.
Tan said among their projects in the city include the two townships – Upper East and Northill Gateway – sprawled over 87 hectares.
Megaworld also plans to build a P1.2 billion Upper East Mall that it says will be “Bacolod’s new architectural landmark” that will showcase a blend of “neo-classical and art deco architecture.”
Tan added they are still planning to build a modern McDonald’s store at the city welcome marker at the Bacolod-Silay airport access road.
They will also open a North Hill town center in front of Forbes Hill that will become the first commercial town center hotel. Art museum.
“Bacolod has become a major tourist destination; we will help shape it into a dragon city.”