In recent years, Metro Manila has stepped out of the shadows of its Asian peers and has risen to prominence as a viable investment destination in the Asia-Pacific region. In almost every corner of the city, there are new structures on the rise as it gradually transforms into a hyperactive mega city. As the Philippines picked up some steam over the years with an increase in FDI and consistent GDP, Metro Manila has become an emerging global city like Seoul, Shanghai, and Jakarta. It has also been in the same list as Tokyo, New York, London, Paris, Chicago, Hong Kong, and Singapore for globally competitive cities. What gives this city an edge in the Asian region?
- The Philippines’ geographical position easily makes it a gateway to Asia, giving Manila the competitive edge over other cities in the region.
- In recent years, the Philippine economy has been one of the fastest-growing in Asia, and Manila is reaping the benefits.
- As a real 21st century city, Manila provides a cosmopolitan environment.