Dickson Electric City | citorphilippines

Cebu Third Bridge

The Cebu-Cordova Link Expressway is nearing completion by late 2021. This $562 Million USD project brings prosperity to both Mactan Island and Cebu City, with easier ingress and egress to the new Domestic and International Airport and access to Dickson Electric City for the 5.2 million inhabitants of Cebu. The bridge has a clearance of 51 metres above mean sea level. This photo is taken August 25.

Dickson Electric City

The location of the Reclamation Project along Magellan Bay in relation to Mactan Island.

Eco Friendly Buildings

Looking up from ground level, the two towers shoot up to the sky like two giant tree's that compliment the surrounding green scapes of Dickson Electric City.

Vertical Garden

The "vertical garden" concept of First Fleet Corporate Centre and Residences would look distinct from the standard "heat-sink" structures that have sprouted in Cebu city.

Green Buildings

Aluminium cladding is used to wrap the building super-structure. Climbing jasmines and gardenia crawler plants, provide it's residents, office workers and visitors a distinctive floral fragrance, synonymous with the First Fleet "brand" that is conducive to a productive working environment. The greenery employed, has a natural cooling effect to the super structures under the tropical sun. The solar passive design ensures a healthy environment with natural filtration, clean air and filtered lighting, thus minimising use of electricty for ventilation and cooling.

Green Balconies

Rain water harvesting is employed to water plant's, shrub's and tree's via its automated reticulation system. Rain water holding tanks in the 3rd basement level is filtered and pumped to holding tanks in the rooftop.

Sentosa Cove

This inspirational and private enclave in Sentosa Island, Singapore, can be adopted in the project. DEC allocates 20 Hectares of land of residential cuts between 1,400-2,000 Square Metres on a limited number of 50 residential blocks. Houses are capped to two-storey high with an attic and basement with a building envelope of 35% for residential purpose, as per Deed of Restrictions.

Dickson Electric City Boardwalk

This boardwalk is located in Magellan Shrine in Mactan Island.

Dickson Electric City

Land Use Plan

Dickson Electric City

40-metre wide channel between Island A and Island B.

Dickson Electric City

Airplane cockpit view descending on Magellan Bay approaching Mactan-Cebu International Airport.

Dickson Electric City

Main causeway leading to the mixed-use Financial District, showing the Magellan Shrine in the foreground.

Dickson Electric City

Aerial view

MACTAN NORTH RECLAMATION DEVELOPMENT PROJECT

PACIFIC OCEAN

A strong sense of place should prevail when all things are done, one that suggests not only a prestigious home for the people that chose to live there, but a destination. The succession of beautifully crafted spaces, including a vast botanical garden and terraces full of life, present a flawless composition of forms, movement--movimiento es vida--textures and colours that stirs the senses. At the same time, the extended dimensions of the project and incomparable views are a resounding testament to vision and ambition, and a supreme accolade for those who have built their own legends into an enduring legacy.

Mactan North Reclamation Development Project: Executive Summary

Dickson Electric City: Information Memorandum

Philippines -- Mactan North Reclamation Development Project

ICN

TPE

Brief Overview

Central Visayas

Population of 8.1 Million People

4 Square Kilometre Reclamation Project

4 Islands

1st Class Infrastructure (DCS, PWCS, Desalination, Vertical Farming)

Renewable Energy (WTE, Hydro Electric Power, Geo Thermal, Tidal Wave Power)

To Have Direct Rail-Link from Cebu International Airport to Reclamation Project

City-Circle Tramway

Within Proximity of International Airport (Mixed-Use Financial District 3 Kilometres Away)

2H 55M Direct Flight from Hong Kong

3H 50M Direct Flight from Singapore

4H 40M Direct Flight from Incheon

5H 20M Direct Flight from Taipei

55-Hectare CBD

Details of the Mixed-Use Financial District with Integrated Resort and Gaming.

The Team

The wonderfully talented and resourceful people behind the project of Dickson Electric City.

Market Updates

2021 Updates from Santos Knight Frank and Lee Chiu Property Consultants on current trends.

The Concept

A spectacular location for those who have an eye for art and are looking to add to their property collection.

Download SVEDC Files

Download MCOCI Files

Dickson Electric City Has Received The Coveted and Bankable Land Leasehold Agreement

Resolution Fully Concurring on the NOTICE TO PROCEED for Implementation of the MNRDP

We Seek to Raise Additional Capital via Project Finance or Syndicated Loan

USD $1 Billion Non-Recourse Loan

We express interest in a Non-Recourse Loan for a duration of 20 years where a certain number of “x" hectares of land within the project is collateralised, and our Special Purpose Company (SPC) pays back the annual interest to Investors or Lenders and the initial capital, on maturity.

We also require a 3-year grace-period during the land reclamation process and civil works.

On our SPC’s payment method and ability to pay, we would do this by leasing/selling prime land to Fortune 500 multinational companies located within regional South East Asia such as Japan, South Korea, Singapore and Hong Kong, the locators we invite to the 55-Hectare Financial District within the 400-Hectare project, as well as the Integrated Resort and Gaming facility among other big ticket revenue streams from the project.

We trust this to be a highly lucrative project and we seek a bold, solid and committed financial partner who share our view in “build em' and they’ll come."

Structure of Project Financing Arrangement

Government

Local

SVEDC

Project Proponent

Dickson Ybanez

Sponsor

National

Insurance Agency

Agencies

Project Approval

Authorisation

Insurance

Investment

Mactan Cebu Ocean City, Incorporated

SPC Project Company

Consignment

Financial Institutions

Loans

Advisory

Commercial Bank

Lender

Investor

Construction Company / Engineering Procure Construct

Operator / Reclamation Management

The Structure Explained

The Sponsor has established and invested capital in the Project Company, Mactan Cebu Ocean City, Incorporated--which will serve as the borrower.

The SPC Project Company signs contracts with various parties involved in the reclamation project.

The SPC Project Company signs a loan agreement with financial institutions, and borrows funds for the completion and operation of the land reclamation project.

The SPC Project Company uses cash flows that are generated from the project by leasing, selling, and or developing its prime real estate to repay the annual interest and initial capital of USD $1 Billion Dollars over a 20-year period.

Role of Financial Institution for Each Stage of the Reclamation Project

Financial

Advisory

Evaluate project terms, risks and viability

Support Negotiations

Financial planning and arrangement between key parties

Structuring and Arrangement

Develop optimal finance scheme

Enlist Export Credit Agencies and other multilateral agencies

Lead negotiations among sponsors and related parties

Documentation

Syndication and Agent Services

Manage cross-border syndication

Follow-up management and monitoring as lead arranger

Syndicated Finance

We wish to also explore the possibility of Syndicated Financing with a financial institution ranked in the top ten loan book-runner by proceeds, lenders with a solid reputation in the syndicated loan market that understand us in Asia and our cultural sentiments, whilst leveraging their worldwide network and large pool of investors to distribute debt in both the primary and secondary markets.

Strong syndication houses and leading banks who have built strong relationships with investors, including regional banks within South East Asia, trust banks and institutional investors are desired, such as those ranked at the top of the league tables with best syndicated loan professionals with an excellent track record is desirable and best suited in this once in a lifetime landmark project set to transform the Central Visayan region of over 8 million people.

The Arranger would negotiate the terms and conditions with clients and secure syndicated lenders interested in the lucrative project.

The Arranger/Agent would oversee an array of administrative tasks, including processing loan applications, assigning loan portions, and disbursing principal and interest payments to other syndicate lenders on behalf of Mactan Cebu Ocean City, Incorporated.

Structure of the Syndicated Finance for the 400-Hectare Land Reclamation Project

Mactan Cebu

Ocean City, Incorporated

Customer

Borrower