In addition to being one of Asia’s most advanced and sought-after commercial districts, it is home to an increasing number of international corporations, including SM Investments Corporation, Jollibee Foods Corporation, HSBC, Citibank, and other financial services institutions. Why Bonifacio Global City Is The Future of Businessīonifacio Global City is the Philippines’ newest city-within-a-city. They envisioned a hub of modern and innovative business establishments that would create a cosmopolitan environment conducive to fostering international trade, tourism, and cultural exchange. In 2003, Ayala Land Inc and Evergreen Holdings of the Campos Group acquired a share from BLDC in order to establish the Fort Bonifacio Development Corporation, which would manage and develop the master plan. On February 7, 1995, Bonifacio Land Development Corporation (BLDC), a consortium headed by Metro Pacific, won the right to collaborate with BCDA in developing Bonifacio Global City. This agency intends to repurpose former military bases for civilian use. The Bases Conversion and Development Authority (BCDA) was formed after the end of Martial Law. The Making Of Bonifacio Global City Into A Leading Innovation Hub The master planning of BGC started in 1995 with district attractions for many multinational corporations because of its proximity to Manila’s international airport and various golf courses. It was initially converted to a military base, named Fort McKinley but later renamed after Andres Bonifacio, a Filipino revolutionary leader, and national hero. It is located near Makati, and Forbes Park in Metro Manila, Philippines. The neighborhood has world-class office space, luxury residences, designer stores, hotels, parks, schools, and hospitals.īonifacio Global City is also known as the “Wall Street of Asia” and is one of the most well-known business districts in Manila. It is classified as a high-end place to work and people’s demand for space there is growing. BGC is an exclusive business district that takes care of its residents, that is filled with luxury amenities, offices, and embassies. The Bonifacio Global City (BGC) in Taguig City is a prolific addition to the Philippine urban skyline.
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