structural:summarization, quality:correction
Cultural Center of the Philippines (CCP) Complex

The CCP Complex is a 77-hectare reclaimed property in Pasay designed by Leandro Locsin. It includes the CCP main building, the Folk Arts Theater, the Philippine International Convention Center, the Manila Film Center and the Coconut Palace (also called the Tahanang Pilipino). It was established as a result of Ferdinand Marcos's issuance of Executive Order No. 30 s. 1966, which stated that "the preservation and promotion of Philippine culture in all its varied aspects and phases is a vital concern of the State." Following this issuance, he appointed a seven-member board of trustees, who then unanimously elected Imelda Marcos as its chair.

On September 8, 1969, the CCP main building was inaugurated as the "country's premier arts institution". The inauguration was originally set in January 1969, but was postponed because funds were running out from campaign overspending. The projected budget for the construction of CCP was P15 million, but by December 1968 the cost had already reached P48 million, and the construction was not even complete yet. Because of this, Imelda Marcos loaned $7 million from the National Investment Development Corporation to finance the remaining amount. By 1972, debt for the construction of the theater alone has reached P63 million.