Boracay Philippines and from other International nations, has been held annually since 2003, usually in March or April. Boracay was scheduled to host a special multi-sport event in 2013. At its 31st General Assembly in Macau, the Olympic Council of Asia (OCA) decided to create the "Asian Games Centennial Festival" in celebration of the 100th anniversary of the Oriental Games (later Far Eastern Championship Games). OCA awarded the hosting rights to the Philippines as it had been the host of the first Far Eastern Championship Games held in Manila 100 years earlier. The festival was to be held on Boracay in
Boracay Water namely Manoc-Manoc, Balabag, and Yapak, including the commercial districts popularly known as Stations 1, 2 and 3. Boracay Water was granted the exclusive right to operate, manage, and expand water and used water facilities for a period of 25 years, renewable for another 25 years. The company was also granted the right to operate and maintain the existing drainage system upon its completion. It assumed operations on January 1, 2010 and began rehabilitating the island’s water and used water infrastructure, to contribute to a sustainable environment and to the economic development of the island. It helps in keeping the island’s