The construction of the Philippine Arena which costs more than P7-Billion was already completed according to the South Korean construction firm, Hanwa E&C, based upon their official statement on their website on June 9, 2014.
The $175-million or about P7.65-billion indoor arena built on a 74,000-square meter tract of land in the Province of Bulacan was already completed last May 30, 2014, after 30 months of work.
The Philippine Arena which is owned by one of the country’s most popular religious denominations, the Iglesia Ni Cristo (INC), has a seating capacity of 51,000, and boasts of 35,948-square meter roof, said to be the largest worldwide.
The Hanwa E&C was able secured the construction project of the Philippine Arena after beating Filipino firm EEI Corp., and Chinese contractor Jiangsu International.
The Philippine Arena will be the venue of the highly anticipated highlights of the Iglesia Ni Cristo’s celebration of its centennial anniversary this coming July 27, 2014.
The multi-purpose indoor arena which was constructed at Ciudad de Victoria, a 75-hectare tourism enterprise zone in Bocaue and Santa Maria Bulacan will be considered as the world’s largest indoor arena once it completed.
Aside from Hanwa E&C Construction firm, the architect behind the colossal project is the Kansas City-based global mega-architecture firm, Populous, considered as one of the world’s most prestigious architectural firm.
