Japanese Government mulls funding Manila ‘Skytree’

[Aepsilons]

The Japanese government is considering investing in the construction of a landmark tower planned in the Philippines through a public-private investment fund, it has been learned.

The government aims to promote infrastructure export, which Prime Minister Shinzo Abe’s administration has selected as one of its growth strategies, along with information and communications technology (ICT).

The project is the construction of the Philippine Diamond Tower, which Quezon City, Metro Manila, plans to build in order to improve the efficiency of radio wave management for terrestrial digital broadcasting.


The tower is scheduled to be completed in 2019, with expected total construction costs of over ¥100 billion (P41.4 billion). It is planned to be 612 meters high in honor of June 12, the country’s Independence Day. By constructing both an observation platform and commercial facilities in the tower, it is also expected to become a popular sightseeing spot.

The Corporation for the Overseas Development of Japan’s ICT and Postal Services (JICT, see below) is considering investing in the project in cooperation with a local subsidiary and others, as well as dispatching workers for the project.

The JICT is considering establishing a new entity together with the Japan Overseas Infrastructure Investment Corporation for Transport & Urban Development (JOIN), another public-private investment fund dealing with urban development, with an eye to participating in the bidding and construction if it wins the contract, along with the facility management.

The JICT was launched in November last year for the purpose of ICT export. If they succeed in winning the contract, it will be the first occasion for them.

The Philippines has adopted the same system of terrestrial digital broadcasting as Japan. However, there is no common broadcast tower shared by the broadcasting stations in the Philippines and it is difficult to transmit radio waves to areas such as those behind tall buildings in urban areas, according to sources.

With experience of operating both Tokyo Tower and the 634-meter-high Tokyo Skytree, Japan has an abundant knowledge of the technology for transmitting radio waves to wide-ranging areas from a tall broadcasting tower and also in operating a tower as a tourist attraction.

According to sources close to the government, Quezon City has responded positively to the idea of granting the construction project to Japan. However, as China is also interested in exporting its broadcasting infrastructure, it is likely that bidding for the project will have some serious competitors taking part if China also joins.

The JICT was jointly established by the government and 21 private companies in such fields as communication and manufacturing. Each side invested half of the total capital for the organization. Although its current capital is ¥1.872 billion (P776.1 million), this may increase up to as much as ¥40 billion (P16.5 billion) depending on the scale of its investments. The government will invest up to ¥20 billion (P8.2 billion).

 

[Aepsilons]

According to sources close to the government, Quezon City has responded positively to the idea of granting the construction project to Japan. However, as China is also interested in exporting its broadcasting infrastructure, it is likely that bidding for the project will have some serious competitors taking part if China also joins.

Hehehe , okay, okay, fine, let's compete.

Good to see such inclusive growth oriented rapprochement, however. @TaiShang @Shotgunner51 @Zero_wing et al.

 

[Cossack25A1]

The Philippines' third attempt in building a super tall tower.

 

[Aepsilons]

Hehehe, exciting time, however. "Sige Na ! Build Na!"

 

[TaiShang]

Hehehe, exciting time, however. "Sige Na ! Build Na!"

I think every capital yearns for such a landmark. As Southeast Asian economies develop, a skyline with towering buildings will probably be a norm.

I like magnanimous skylines.



This Business Insider's Best Skylines list:

world's best skylines - Business Insider

 

[Aepsilons]

I think every capital yearns for such a landmark. As Southeast Asian economies develop, a skyline with towering buildings will probably be a norm.

I like magnanimous skylines.



This Business Insider's Best Skylines list:

world's best skylines - Business Insider

My friend, as we have been discussing and which many people here in PDF have chosen to ignore, that the economic integration role Japan and China has with many developing countries, Southeast Asian included, has been a hallmark of our two nations' progress-oriented foreign policies. We must admire, truly, on the multidimensionality of how Japan and China operates, that we can divorce economic, social, cultural and legislative interactions with key partners from security issues. I do not see any active Western investment in Manila , compared to the degree and all-inclusivity that say Beijing and Tokyo have presented themselves here. Whether it be Manila, Jakarta, Hanoi, Phnom Penh, Delhi , Islamabad, Djibouti or Paris, --- we can rest assure that Japan and China competes, cooperates in a spirit of progress and mutual development. Not in diversionary , cautionary tales that evokes and cultivates animosity and political intrigue.

Whatever the case and who ever wins this bid; either it be Japan or China, one thing is clear --- East Asia's investment in economic integration continues unabated. Unmolested. Even if politicking is happening.

 

[TaiShang]

Whatever the case and who ever wins this bid; either it be Japan or China, one thing is clear --- East Asia's investment in economic integration continues unabated. Unmolested. Even if politicking is happening.

Indeed, an this can be easily seen in the ever growing China-ASEAN, Japan-ASEAN trade figures:

Ooops, I could not find a quick data on Japan-ASEAN trade. @Nihonjin1051 ?

 

[Aepsilons]

Ooops, I could not find a quick data on Japan-ASEAN trade. @Nihonjin1051 ?

Found some, my friend:

Tho i must admit, @TaiShang my friend, the size and scale of China-ASEAN trade is massive:

Inter-China-ASEAN trade is nearing $2 Trillion per annum. LOL!

And some strategic nation state across the pacific want to affect ASEAN-trade with China? LOL!

 

[Shotgunner51]

My friend, as we have been discussing and which many people here in PDF have chosen to ignore, that the economic integration role Japan and China has with many developing countries, Southeast Asian included, has been a hallmark of our two nations' progress-oriented foreign policies. We must admire, truly, on the multidimensionality of how Japan and China operates, that we can divorce economic, social, cultural and legislative interactions with key partners from security issues. I do not see any active Western investment in Manila , compared to the degree and all-inclusivity that say Beijing and Tokyo have presented themselves here. Whether it be Manila, Jakarta, Hanoi, Phnom Penh, Delhi , Islamabad, Djibouti or Paris, --- we can rest assure that Japan and China competes, cooperates in a spirit of progress and mutual development. Not in diversionary , cautionary tales that evokes and cultivates animosity and political intrigue.

Whatever the case and who ever wins this bid; either it be Japan or China, one thing is clear --- East Asia's investment in economic integration continues unabated. Unmolested. Even if politicking is happening.

That's a good trend indeed, pro-developmental.

I was just reading a news which is again not found on "mainstream" western media. China Mainland now is the largest net exporter of capital, followed by Germany, Japan. This is not a surprise, given all three have had current account surplus for decades (though the three are often being "criticized" for carrying such imbalances; Read: Germany's trade surplus is a problem | Brookings Institution ). According to this trajectory, Japan will remain as world's top creditor economy in another decade or so, while Germany and moreover China Mainland are gradually closing gap.

China overtakes Germany in net capital exports in 2015: Ifo​

While Germany has loads of indebted economies (barring Switzerland, Nordic countries, etc) around it to take care of, East Asia (counting Singapore) is comprised entirely of surplus/creditor economies and therefore can help other regions SE Asia included. Japan and China should co-ordinate to improve efficiency:

• Segregation of market, by nation/geography, and by sector.

• In areas when common industrial interests do overlap (railway, rolling stock, nuclear reactors), pool funds together. Japan may join AIIB and reduce competition between the new bank with ADB. Like-wise, China may increase stake in ADB, IMF, EBRD (European Bank of Reconstruction and Development).

• Increase industrial integration to reduce inefficient competition overseas. China has overcapacity in several industries (steel, nonferrous metal, photovoltaic, shipbuilding, coal, electricity generation) that can be acquired/used by some resources-tight Japanese industrialists. On the other hand, Japan can increase participation in many undercapacity industries (semiconductor/IC which is China's current top trade deficit item, so is robotics-automation).

 

[Zero_wing]

Hehehe , okay, okay, fine, let's compete.

Good to see such inclusive growth oriented rapprochement, however. @TaiShang @Shotgunner51 @Zero_wing et al.

Its sure nice ignoring the chinese imperials aside its a good project

 

[Cossack25A1]

Its sure nice ignoring the chinese imperials aside its a good project

Well this will be the third time we will be proposing to build such tall infrastructure since the 1998 Luneta Tower/Centennial Tower (390 meter tall) was not approved due to the reason Torre de Manila condo is now being severely criticized.

The second attempt was the Pagcor Tower (665 meter tall) which was to be built in "Bagong Nayong Pilipino - Entertainment City" but was not built due to varying reason, from simple criticism from the Catholic church to being in the way of commercial aircraft that is in descent due to the proximity of Ninoy Aquino/Manila International Airport.

For the record, there are "two" tallest buildings in the Philippines which would depend on interpretation:

- The tallest building in the Philippines is the Stratford Residences in Makati city which stands at 312 meters but is under construction.

- The tallest finished building in the Philippines is the PBCom Tower, also in Makati city and stands about 259 meters tall.

 

[Aepsilons]

Its sure nice ignoring the chinese imperials aside its a good project

My friend i would encourage we all take a holistic approach and to divorce political differences from the cultural, economic, legislative, and social compatibility in context to Sino-Filipino ties and relations, which , in comprehensive strata, seems to be all inclusive and trans-formative for the Philippines as a whole. What i'm saying is that --- basta hindi kita ma view sa mgang amigong Insik ay isang Kaaway.

Perhaps as a Japanese I can understand this naturally since it was not too long ago that in your country there were strong Anti-Japanese sentiments , given the feelings were related to the war of the past, unfortunate that it was to both sides. Yet, we have seen how the Japanese-Filipino view have changed, rehabilitated over time and after continuous bilateralism between Tokyo and Manila.

All i request is that you, in your national spirit, be able to see China's role in the Philippines for what its worth is. And that is for transformative change. Politic is politic, yes, amigong @Zero_wing , pero ang ibig sabihin ko ay hindi 'salvador de mundo' yong mga 'kano. Meron sila oportunidad sa ulo ni la. Parihin sila sa ating amigong Intsik. Parihin ra din sa amon, ang Hapon. That the rise of China encourages, facilitates, and dispensates the Philippines to rise above her petty regionalist revivalism, and insurrectionism , rather , focus on external and overall national progress and security. Afterall if it was not for China's own security legation, would not the Philippines proceed with a defense modernization act ? Or at least utilize said venture for legitimacy's sake?

The point my friend is that threat perception is relative. In the end of the day -- the Chinese are no threat to the Philippines, but are actual partners. I see this -- as Japanese -- visiting your country. I can see their presence and their contribution to your society and nation , great that is, in e-commerce, banking systems, in politics, in health education, in infrastructure and transportation, in education. The ability of the Chinese immigrant to mold and assimilate into Philipine society and to help build this so called Filipina identity is truly paramount; and this can be used as a microscopic-macroscopic view tandem to how on the national level the Philippines can be part of the Chinese global systems -- a key member of the Maritime Silk Road -- which will help your country realize inclusive economic growth.

Do not be influenced so much, my dear Pinoy frind, by populism and sensational politic. The Philippines and China are neighbors, above politic, they are both neighbors. That cannot be and must never be ignored.

Sige, ingat ka lang diyan.
Regards,
Kenji

Its sure nice ignoring the chinese imperials aside its a good project

Gusto lang ako may sabi, "Mabuhay ang Pilipinas, at Mabuhay ang Tsayna...!"

 

[Zero_wing]

My friend i would encourage we all take a holistic approach and to divorce political differences from the cultural, economic, legislative, and social compatibility in context to Sino-Filipino ties and relations, which , in comprehensive strata, seems to be all inclusive and trans-formative for the Philippines as a whole. What i'm saying is that --- basta hindi kita ma view sa mgang amigong Insik ay isang Kaaway.

Perhaps as a Japanese I can understand this naturally since it was not too long ago that in your country there were strong Anti-Japanese sentiments , given the feelings were related to the war of the past, unfortunate that it was to both sides. Yet, we have seen how the Japanese-Filipino view have changed, rehabilitated over time and after continuous bilateralism between Tokyo and Manila.

All i request is that you, in your national spirit, be able to see China's role in the Philippines for what its worth is. And that is for transformative change. Politic is politic, yes, amigong @Zero_wing , pero ang ibig sabihin ko ay hindi 'salvador de mundo' yong mga 'kano. Meron sila oportunidad sa ulo ni la. Parihin sila sa ating amigong Intsik. Parihin ra din sa amon, ang Hapon. That the rise of China encourages, facilitates, and dispensates the Philippines to rise above her petty regionalist revivalism, and insurrectionism , rather , focus on external and overall national progress and security. Afterall if it was not for China's own security legation, would not the Philippines proceed with a defense modernization act ? Or at least utilize said venture for legitimacy's sake?

The point my friend is that threat perception is relative. In the end of the day -- the Chinese are no threat to the Philippines, but are actual partners. I see this -- as Japanese -- visiting your country. I can see their presence and their contribution to your society and nation , great that is, in e-commerce, banking systems, in politics, in health education, in infrastructure and transportation, in education. The ability of the Chinese immigrant to mold and assimilate into Philipine society and to help build this so called Filipina identity is truly paramount; and this can be used as a microscopic-macroscopic view tandem to how on the national level the Philippines can be part of the Chinese global systems -- a key member of the Maritime Silk Road -- which will help your country realize inclusive economic growth.

Do not be influenced so much, my dear Pinoy frind, by populism and sensational politic. The Philippines and China are neighbors, above politic, they are both neighbors. That cannot be and must never be ignored.

Sige, ingat ka lang diyan.
Regards,
Kenji



Gusto lang ako may sabi, "Mabuhay ang Pilipinas, at Mabuhay ang Tsayna...!"

Man you really are the best am chinoy 3rd gen but seriously these arrogant jerks started it am sorry i take your advice under advisement but eye for eye thanks man mabuhay ka kapatid

 

[Aepsilons]

Man you really are the best am chinoy 3rd gen but seriously these arrogant jerks started it am sorry i take your advice under advisement but eye for eye thanks man mabuhay ka kapatid

Sama sama kita, amigo, understand ako sa situwasyon sa Pilipinas at ang sariling Pilipino. Talaga, naman, intindihan ako sa situwasyon. Ang reyalidad lang ay hindi both side wrong, importante lang may find common ground.

Remember lang, amigo, that the Philippines also has territorial differences with Malaysia, i.e Sabah. Yet relations can continue to prosper. Albeit not the best. I am just saying that even with territorial differences, one can still have a working, positive relationship.

Coming from Japan, as much as I love relations with your people and your nation --- i cannot ever, ever, ever change the fact that Japan invaded your country. That historical hurt will persist, and ever be. As much as we , in this generation, and in the future generation, can work together to build a bright future, we always will have that historical difference. And it is saddening for me as a Japanese patriot and a lover of Japan-Philippine relations. But think also, my friend, that China -- never really invaded the PHilippines the way we did. In fact relations between Philippines and China were always trade based, with cultural sharing --- so this must be a point of conjecture your fellow patriots and the Chinese patriots need to remember. It is enviable really, in the Japanese view. It is enviable that China and Chinese culture has so deeply influenced the very being of Filipino Identity and the Philippine Nation. Yet in the sense , i suppose it is not a bad thing. I see how much you two are deeply connected --- and hopefully petty politic will not be used to hijack the overall picture and the WEALTH of relations there is between China and Philippines.

As you said yourself, you yourself are Chinese huaren. The fact that in your own veins flows Chinese blood --- is testament to that relationship. If it was not for your Chinese ancestor who sailed the heavy seas to transplant him or herself to the Philippines, you would not exist at all. So this relationship --- is truly existential in nature.

Far deeper, far older than mere politics. And it will continue.

As the old adage says, "And this, too, shall pass...."

 

[Zero_wing]

But the problem is china being a pain to us 80% of waters is under threat by china's militarism so am sorry kapatid but beyond that let's go back to the topic at hand