The area starts at the back of the Manila Hotel, running along the various dilapidated buildings on Bonifacio Drive and ends near the Del Pan Bridge just beside Fort Santiago.
The crowning glory of this proposed project, which would consist of a cluster of skyscrapers, would be a 101-story building that would rival Taipei’s “101,” the tallest structure in Asia. Surrounding this imposing structure would be clusters of equally impressive buildings that would rival Makati and Fort Bonifacio and hopefully, bring back to Manila its former glory as the country’s pre-eminent and most cosmopolitan city.
Hopefully, Lim said, the Aquino administration would be more accommodating and give him the go signal to proceed with the scheme, so that his dream of a revived city would become reality.
Lim said Incheon Metropolitan City international adviser Rev. Dr. Jeon Dae Gu and Easy Led Corp. Philippines President Man Young Yoon have guaranteed to undertake the $4-billion “global financial hub” as part of the Manila Bay South Harbor expanded port zone project. Incheon is a sister city of Manila.
An estimated 150,000 new jobs would be generated by the development and affected Manila residents would have employment priority.
The financial center would house commercial and residential units, including the 101-story building, which would be the tallest in the country, although there is possibility that another floor would be added to make the super skyscraper 102 stories high, and beat Taipei’s claim as the highest in Asia.
Once finished, the South Harbor area would retain the old customs building to lend an air of history to the site, but the rest of the new infrastructure would be able to accommodate cruise ships. An additional two million tourists a year is forecast to go through the port, including the estimated 300,000 to 500,000 cruise passengers who currently sail to countries like Singapore, Thailand, Indonesia, and Malaysia.
Lim said that both the national and local governments stand to benefit from the project since they will be getting a share from the earnings that will be derived from the operations of the financial center.
“This global hub will rival those abroad with glittering business and amusement activities 24 hours a day, seven days a week and the super skyscraper will be the highest in the country (why not Asia?) that will be built at no cost to the national and local government,” Lim said.
Original article: http://www.mb.com.ph/articles/376254/dream-city