TIEZA to hold Investor’s Conference for the Rizal Park Western Section of the Rizal Park Flagship TEZ

The Tourism Infrastructure and Enterprise Zone Authority (TIEZA) is inviting investors to develop the Western Section of the Rizal Park Complex Flagship TEZ (RPCFTEZ).

The TIEZA is conducting the Investors’ Conference for the Rizal Park Western Section to solicit insights and feedback on the project terms from interested private sector investors. The event will be conducted in a hybrid format so that interested participants may attend either in person or online on November 16, 2023, at 2pm.

The Rizal Park Western Section Development Project involves the financing, design, improvement, construction, and operation and maintenance of park facilities and attractions in the Western Section of Rizal Park Complex.

In furthering the realization of the planned redevelopment of the Rizal Park Complex, under a PPP arrangement, TIEZA seeks to optimize the engagement of the private sector partner to develop the Rizal Park Western Section, ensure that the content and aesthetics of the development will conform to the theme identified in the 2014 Rizal Park Complex Comprehensive Tourism Master Plan and will protect the authenticity and significance of the Cultural Heritage Tourism Zone, and develop revenue generating components within the section.

The objectives of the activity are as follows:

• Provide a brief background and envisioned scope of the Project to the potential private sector participants;
• Present the investment opportunities within the Rizal Park Western Section Development Project and identify potential issues or problems that may affect the Project, particularly its viability;
• Gauge the interest of the private sector to partner with the TIEZA for undertaking the Project as a PPP;
• Determine the level of interest, capability, and experience of the private sector (including lenders) to undertake the Project;
• Understand key considerations of the private sector regarding their potential involvement in the Project in partnership with the TIEZA.

Interesties parties may register here: https://forms.gle/caFAY7XSM8CeV5v5A

By signing up to participate, interest parties will be able to receive a Project Brief containing the details about the Project. TIEZA assures the public tha all information provide shall be kept private and confidential as mandated by the Data Privacy Act and other relevant laws.