The stretch of Bonifacio Drive up to Del Pan Street in Port Area may just metamorphose from being a haven for the dregs of society into a sprawling commercial district.
In a bid to attract more investors, the Manila City Hall (MCH) is drawing up plans to convert the said location in Port Area into a special economic zone.
Manila Mayor Alfredo Lim believes the place is a perfect spot to build a financial district, where they would line up high-rise condominiums and business establishments.
Lim, in a statement, said he has instructed his Chief of Staff, Ric de Guzman, and City Administrator Jesus Marzan to coordinate with the proper agencies and entities to iron out the plan for the city’s new financial district.
“The place is ideal for the said plan, especially considering the accessibility of two golf courses in the area where businessmen may unwind or talk business while engaging in their favorite sport,” said Lim.
Aside from playing golf, the location is the best spot for business executives to stretch their legs, either to walk or jog, since the Port Area is near Baywalk in Roxas Boulevard. They could also relax and view the majestic sunset, officials said.
By embarking on these developments, Lim is hoping to entice big-time investors to put up companies in the area and create opportunities for thousands of Manileños who are looking for work.
The 77-year-old mayor admitted he was inspired by the development he saw in three cities in China during a recent official visit. In Chongqing, Shanghai, and Beijing, he saw small buildings had been torn down to give way to the construction of multi-storey buildings.
“I do not see any reason why Manila cannot be as progressive as these places,” he added.