Manila Bay project to create 600,000 jobs

Asia News Network August 6, 2013 1:00 am A development project on a proposed reclamation site in Manila Bay is expected to provide up to 600,000 jobs that would help ease unemployment in the country, particularly in Metro Manila. Up to 100,000 jobs would be generated during the construction phase of the project and up…

More than 100,000 New Jobs in Manila

Once the Manila Solar City is completed and developed, it could generate at least 20,000 new employment opportunities in the first four years. Due to further improvements and occupation of the buildings therein, the number of employment opportunities would increase to over 100,000 over the succeeding 6 years. This will effectively stimulate economic activity and…

More Revenues for the Manila City Government’s Social Services

From the reclamation, an estimated 113.4 hectares will be transferred to entities that would be subject to real property taxes. Since a hectare is 10,000 square meters, the total taxable area in square meters is 1,134,000.  Assuming a P100,000 per square meter, the total real property taxes that the City can collect per year would…

Alleviation of traffic problem in Manila

In early 1970s, when urbanization was knocking at the then municipalities of Paranaque and Las Pinas, the Manila-Cavite Coastal Road Reclamation Project (MCCRRP) was developed.  The MCCRRP was projected to have the effect of increasing the land area of the said cities and effectively decongest the traffic-ridden roads. Currently, traffic volume in Metro Manila is…

The Creation of a New, Safe and Secure Tourist Destination in Manila

Latest information gathered from the article released by Business World research in March 2011 indicates that Metro Manila hotels recorded a modest growth in occupancy for November 2010, despite the steady growth of tourist arrivals. Room occupancy rate for January to November increased to 67.57% from the 68.84% level for the same period of 2009. …

New Prime Spaces in Manila Designed for Businesses

In “The Knowledge Report” published by Collier International, mall developers are looking into the provinces for expansion due to limited opportunity for regional scale mall in Metro Manila. There is also a strong demand for office spaces outside Makati from the outsourcing & off-shoring industry.  The increase in the land area of Manila through the…