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Originally the building is owned and developed by Megaworld Corporation, and was known as the World Finance Plaza, but during construction the project was taken over by Union Properties, Inc., the real estate arm of Union Bank of the Philippines, and was renamed "UnionBank Plaza". [1]
The project was supposed to be funded by a ₱ 10.6 billion ($228.5-million) funding package, consisting of a World Bank loan of $116 million (₱ 6.4 billion), $25 million from the World Bank Clean Technology Fund, and €50.89 million from the French Development Agency (AFD), with the balance to be provided by the Philippine government. [13]
One Shangri-La Place is a residential development with twin residential towers situated in Mandaluyong, Metro Manila, Philippines. Both of its towers are 64-storeys high with a height of 227 meters (745 ft), making them the tallest twin towers in the Philippines .
Under-construction: $1.45 billion [3] Expected to be operational by 2020. NCR: Manila Line 9 (Metro Manila Subway) Under-construction: $4.5 billion: Will partially be opened with its initial first three stations by 2021. Expected to be fully operational by 2025. [4] NCR: North Avenue Grand Central station: Under-construction: $54 million: NCR ...
This is a list of planned cities (sometimes known as planned communities or new towns) by country. Additions to this list should be cities whose overall form (as opposed to individual neighborhoods or expansions) has been determined in large part in advance on a drawing board, or which were planned to a degree which is unusual for their time and place.
Additionally, the Philippines and the World Bank have set goals for the Philippines by 2040. By that time, the Philippines wants to be free from poverty and sustain a prosperous middle class. [39] In order to do so, the World Bank estimates that income per capita must triple by way of having its economy grow at an average annual rate of 6.5%. [40]
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Aimed at helping put an end to major congestion and lack of greenspace in the Tokyo; 400 m (1,312 ft) wide at the base for a total floor area of 8 km 2 (3.1 sq mi); drawn by construction firm Takenaka for the city of Tokyo in 1989, its design was the first of the modern super-tall mega-structures to gain serious attention and consideration by ...