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Unnamed World’s 2nd Highest Tower [mix]

Japanese to build world’s 2nd highest tower in QC

JAPAN’s Mitsubishi Electric Corp. is said to be interested in buying Manila Seedling Bank Foundation Inc.’s seven-hectare property on Edsa and Quezon Avenue in Quezon City for P100,000 a square meter to put up the second tallest tower in the world.

City administrator Victor Endriga says Mitsubishi’s representatives met with him and Mayor Herbert Bautista to discuss their plan to build the tower that will house telecommunications companies, radio and television networks , commercial establishments and restaurants.

“If things get going, the tower offer will be the world’s second tallest next to Tokyo’s [634-meter] Sky Tree,” Endriga told the Manila Standard.

He said Mitsubishi showed Bautista a blueprint of its plan to transform the Manila Seedling Bank property into an eco-tourism hub under a public-private partnership.

“The mayor was overwhelmed,” Endriga said. Apart from theP7 billion in projected income from the sale of Manila Seedling Bank, Endriga said, the city was anticipating a bigger business tax collection once the telecommunications tower started operations.

“We will not spend a single centavo,” he said.

City officials were surprised when the Mitsubishi executives arranged an appointment with them, Endriga said.

“It came to their knowledge that the nursery and seedling bank was auctioned off to the city in 2010 and on July 6, 2011,” he said.

“Manila Seedling owed the city government P42 million in real-property taxes,” he said.

“We believe it does not have the money to pay us until July 6.” Rio N. Araja

http://www.manilastandardtoday.com/...12/March/10/news6.isx&n=news&d=/2012/March/10

:banana::banana::banana::banana::banana:
 

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Another tower? Here we go again. :)

I just wish it was somewhere that could benefit and enhance an already existing skyline like Makati's or BGC's. A tower would also look good in Manila's bay skyline (not necessarily in the height restricted PAGCOR city).
 

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pag built na saka palang dapat i declare, kong 6 billion ang lote baka hingin ni bistek at company ay 6 billion or more or else NO PROJECT AT ALL
 

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but this comment on facebook bothers me.. which is true.. take a look on this...

How can Mitsubishi, a Japanese company, BUY said property let alone BUILD a tower when Philippine Law prohibits this? The usual "lets jump the gun and make the announcement before ink is even put to paper" notwithstanding, I feel these government officials may be in for a huge disappointment.
I've just remembered a height restriction on the Metro that we've forgot.. hope that our officials don't bother this.. :lol:
 

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How can Mitsubishi, a Japanese company, BUY said property let alone BUILD a tower when Philippine Law prohibits this?
I think, that is not always the case. They allow 100% foreign investments in some industries like mining. I think they also allow 100% foreign ownership in PEZA areas.
 

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but this comment on facebook bothers me.. which is true.. take a look on this...



I've just remembered a height restriction on the Metro that we've forgot.. hope that our officials don't bother this.. :lol:
How far is QC to NAIA?

Bakit di pa kasi ilipat ang NAIA? How about sa Talim Island or Sangley Point? Current location of NAIA can be the best place for MRT and BRT grand terminal.
 
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