Megaworld Corp. said it has incorporated Megapark Philippines Inc. to serve as the operating vehicle of its joint-venture with Finland’s SuperPark Unit.
The companies are bringing to the Philippines the all-in-one indoor activity/playground park with three themed areas that offer over 20 fun activities.
Megaworld said the joint-venture will build the “multi-million” peso business in two mixed-use developments of the company – in the 18.5-hectare Eastwood City in Quezon City and in the 50-hectare McKinley Hill in Taguig City.
No details were provided.
“This joint venture with an iconic global leisure concept will provide a new leisure and recreation destination for those who live, work, and play in Megaworld townships. This is in line with our continuing efforts to promote our townships as tourism destinations that host one-of-a-kind attractions for people of all ages,” said Graham Coates, Megaworld Lifestyle Malls head.
