LOOK: Scale model of NayonLanding, Landing International's integrated resort in the Philippines which will house a hotel, an indoor water park and a casino | via @jessfenol pic.twitter.com/nr2IqYL0qD

— ABS-CBN News (@ABSCBNNews) August 7, 2018

MANILA -- Hong Kong's Landing International Development said Tuesday its NayonLanding project would push through and that its lease contract with a government corporation was "valid and effective."

President Rodrigo Duterte sacked the entire board of Nayong Pilipino Foundation over a 70-year lease deal which he found disadvantageous to the government. The firing was announced as the groundbreaking of NayonLanding was ongoing.

• Nayong Pilipino resort breaks ground as Duterte sacks board

"From the group’s view point, the recent decision of the Philippine Government to replace members of the NPF board of trustees did not affect the validity of the subject contract of lease," Landing said in a statement.

"Unless the lease contract is cancelled or nullified on legal grounds by the courts, Landing has reason to believe that it is a valid leaseholder and can legally proceed with its project," it said.

The Philippine Amusement and Gaming Corp recently issued a casino license for NayonLanding, which will be built on Entertainment City, the country's answer to Las Vegas and Macau.