Dennis Uy, the Davao-based Philippine tycoon and owner of PH Resorts, has been looking to make a splash with their upcoming casinos in Mactan, Cebu, and Clark City, Pampanga. That effort looks like it might get significantly easier with the recent Executive Order (EO) signed by President Rodrigo Duterte, declaring the Clark Industrial Estate 5 (IE5) as an international center of commerce, industry, leisure and recreation.

[Image credit: Wikimedia Commons]

Philippine outlet Business World reports Duterte signed the order on June 4, and copies of it were delivered to reporters on June 10. The IE5, which had previously been designated as a logistics center, has now been reclassified to suit a broader purpose. The EO explained the change was necessary because:

“[IE5] attracted international attention and interest as the Asia-Pacific Region’s emerging premiere hub for aviation and international logistics, as well as an international center for commerce, industry, leisure and recreation.”