Growth of Central Business Districts

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Business and property analysts see the continuing growth of Central Business Districts (CBDs) in Metro Manila and emerging centers in key cities up to 2015, amid the growth of the Philippine economy, and the bullish outlook on foreign and domestic investments. The CBD is the commercial and focal point of a city, where there is large concentration of retail and office buildings, mostly hosting multinationals; malls, high-end stores, tourism and cultural centers, cinemas, main railway and bus stations.

Makati City’s resources are in the financial district-CBD, with large businesses such as banks, multinationals, hotels, malls, telecom companies, call centers, and hospitals. The trade center of Filipino-Foreign businessmen and the CBD prior to the development of the Makati CBD was Binondo District in Manila. Ortigas Center in Pasig City is Metro Manila’s second most important financial district-CBD after Makati

Taken from:

http://www.mb.com.ph/articles/385391/growth-central-business-districts

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