Cebu Readies for ASEAN Summit with New P1.5 Billion Mactan Expo

Lapu-Lapu City, Cebu – President Ferdinand Marcos Jr. Inaugurated the P1.5 billion Mactan Expo on Monday, March 16, 2026, a state-of-the-art convention center poised to become a central hub for the 48th ASEAN Leaders’ Summit scheduled for May 2026. The facility, developed by Megaworld Corp., is expected to significantly boost Cebu’s position as a leading destination for meetings, incentives, conventions, and exhibitions (MICE) tourism.

A New Landmark for Cebu and the Philippines

The two-level, standalone convention center represents a significant investment in the Philippines’ infrastructure and its capacity to host large-scale international events. President Marcos emphasized the facility’s potential to stimulate both tourism and business activity, even amidst global economic uncertainties, including ongoing tensions in the Middle East .

Public-Private Partnership Success

The Mactan Expo exemplifies the success of public-private partnerships in accelerating infrastructure development, according to President Marcos. He highlighted how collaboration between the government and private developers like Megaworld contributes to delivering improved services and expanded economic opportunities .

Hosting the 48th ASEAN Leaders’ Summit

The Mactan Expo is specifically designed to accommodate the demands of major international gatherings, most notably the 48th ASEAN Leaders’ Summit. The Philippines, with Cebu as the host city, is chairing ASEAN in 2026 . The facility will host summit delegates and is anticipated to become a landmark that will attract further tourism and business events to the province .

Rapid Construction Timeline

Notably, the Mactan Expo was completed in less than two years, a testament to efficient project management and the commitment of both the public and private sectors . The President lauded the private sector for this swift completion .

Strengthening Cebu’s MICE Industry

The inauguration of the Mactan Expo follows President Marcos’ inspection of various venues in Cebu to ensure readiness for the ASEAN Summit and related meetings . The new facility is expected to position Cebu as a major hub for MICE, attracting travelers seeking well-equipped destinations with access to the Philippines’ natural beauty.