Century Properties Group and Revolution Precrafted Inks JV agreement with Indonesia's Bakrie Group to develop Media City, Sports City, and Technology Corridor in the Philippines Century Properties Group Inc. Century and Bakrie Global's cooperation aims to develop and strengthen the tourism and media technology sectors of both the Philippines and Indonesia. The agreement sets the stage for a mutual sharing of resources, from allocating capital investments to the exchange of expertise and skills to establish a Media City, a Sports City, and a Technology Corridor in the Philippines. Media City is envisioned as a mixed-use development that will host a multi-media content development center that will be distributed primarily in Indonesia and the Philippines, the rest of ASEAN and the world.

It is also planned to have residential, retail and other commercial components. Sports City is planned to offer multiple sports complexes in the country for use by the general public. The Technology Corridor is envisioned as the Philippines' own version of California's Silicon Valley.

It is planned to enhance bilateral technology transfers between the two countries, as well as serve as a hub for the country's tech-centric brain pool. This partnership between the Philippines' most valued startup and one of Indonesia's most innovative conglomerates is setting the stage for future collaborations within the ASEAN countries. Their agreement includes supplying designer homes, hotel villas, and amenity spaces to Bakrie Global's property affiliates in Indonesia namely 3,000 hectares of land, owned and developed by the Bakrie Group, totaling USD 1.1 billion for the residential and villa component alone.

The partnership allows Revolution to diversify into producing highly functional and customizable spaces. As part of the signed agreement, Revolution will look to supply five mega studios and five hectares of office spaces and storage facilities to Bakrie Global's Mediapolis studio project in Jakarta, which shall represent Indonesia's strong commitment in Creative Industries and advanced broadcasting technologies.