Manila, Pasay support 3 Manila Bay reclamation projects

/ 05:30 AM November 03, 2018
Joseph Estrada

Manila Mayor Joseph Estrada

The cities of Manila and Pasay have signed a memorandum of agreement (MOA) to cooperate and extend assistance to the proposed reclamation projects of three private groups in Manila Bay which are expected to benefit the two premier coastal cities in Metro Manila.

The MOA was signed by Manila Mayor Joseph Estrada, and Pasay City Mayor Antonino Calixto, along with representatives from the three reclamation project proponents, namely Manila Goldcoast Development Corp. (MGDC), SM Prime Holdings Inc. and the Pasay Harbor City consortium.


MOA signing

The projects include the MGDC’s 148-hectare reclamation project  involving the southern parcel of the Manila-Cavite Coastal Road and Reclamation Project-North Sector, or the Solar City project;  the SM Prime Holdings’  300-hectare and 60-hectare projects, or the SM project; and the Pasay Harbor City consortium’s 265-hectare reclamation project, or the Pasay Harbor City project.

Representatives of the three reclamation project proponents, namely Wilson Tieng, president of MGDC; Noel Sanchez, senior assistant vice president for external affairs, commercial properties of SM Prime Holdings; and Charlie Gonzales of Ulticon Builders, a  member of the Pasay Harbor City consortium along with Udenna Development of Davao businessman Dennis Uy, and the China Harbor Engineering Co.,  were at the MOA signing ceremonies held recently at the Sofitel in Pasay City.

P50B in revenues

In a statement, Estrada said MGDC’s Solar City project is expected to generate an estimated P50 billion in revenues for the city and create 500,000 new jobs for residents of Manila.

Estrada said the 148-hectare project would start early next year.

Read Next
Don't miss out on the latest news and information.
View comments

Subscribe to INQUIRER PLUS to get access to The Philippine Daily Inquirer & other 70+ titles, share up to 5 gadgets, listen to the news, download as early as 4am & share articles on social media. Call 896 6000.

TAGS: Local news, Manila, MOA, Pasay, Philippine news update
For feedback, complaints, or inquiries, contact us.

Demand for cute selfies puts otters at risk

August 23, 2019 05:40 AM


Duterte lifts STL suspension

August 23, 2019 05:38 AM


‘Hot money’ still leaving PH

August 23, 2019 05:36 AM

© Copyright 1997-2019 | All Rights Reserved

We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.