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Manila Bulletin devider Business devider The Stock Market devider Manila aims to be regional MICE hub with SM Prime's new ₱1.7B mega-venue

Manila aims to be regional MICE hub with SM Prime's new ₱1.7B mega-venue

Published May 21, 2025 09:14 am

Sy-led SM Prime Holdings, Inc., one of Southeast Asia’s largest integrated property developers, is investing ₱1.7 billion for the construction of SMX Center for International Trade and Exhibitions (SMXCITE) — a large-scale venue rising within the SM Mall of Asia (MOA) Complex.

The firm said it is expanding its Meetings, Incentives, Conferences and Exhibitions (MICE) portfolio as it bets on the long-term growth of the MICE industry and Manila’s emergence as a regional hub.

Expected to be completed by the first quarter of 2027, SMXCITE will add over 18,000 square meters (sqm) of leasable trade hall space, doubling the existing SMX Convention Center Manila's footprint.

“This expansion reflects our confidence in the Philippines’ growing stature in the MICE space,” said SM Hotels and Conventions Corporation Executive Vice President Peggy Angeles.

She noted that, “With world-class infrastructure and a strategic location, we believe Manila can rival regional peers as a go-to venue for international trade events.”

Designed to accommodate international trade shows, product launches, corporate gatherings, and large-scale consumer exhibitions, SMXCITE will feature two buildings constructed simultaneously—each capable of hosting more than 18,000 guests.

Together with SMX Manila, the development will offer over 35,000 square meters of combined space, enhancing the MOA Complex’s appeal as a destination for international exhibitions and business events.

Once completed, SM Prime’s total convention portfolio will grow to nearly 60,000 square meters of gross leasable area across eight venues nationwide—including SMX Aura in Taguig, SMX Bacolod, SMX Davao, SMX Clark, SMX Olongapo, Sky Hall Seaside Cebu, and Megatrade Hall in SM Megamall.

SMXCITE will also carry forward SMX Manila’s sustainability benchmarks, including design elements that maximize natural daylight to reduce energy use.

With its scale, accessibility, and environmental features, SMXCITE reinforces Metro Manila’s position as a rising force in the Southeast Asian MICE landscape.

Related Tags

SM Prime Holdings Inc. SMX Center for International Trade and Exhibitions (SMXCITE) Peggy Angeles SMX Manila
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