Fort Bonifacio (formerly named as Fort McKinley), is the national headquarters of the Philippine Army (AFP) and is located in southeastern Metro Manila between the cities of Taguig and Makati. It is located near the national headquarters of the Philippine Air Force (AFP). The camp is named after Andres Bonifacio, the revolutionary leader of the Katipunan during the revolutionary period of the Philippines against Spain - Philippine Revolution.
Bonifacio Global City (also known as BGC, Global City, or The Fort) is a financial district in Taguig City, Metro Manila, Philippines. It is located 11 km (6.8 mi) south-east of the center of Manila in an area disputed between the cities of Makati and Taguig as well as the municipality of Pateros. The area is currently under jurisdiction of the city of Taguig. In recent years, the district has experienced robust commercial growth through the sale of military land by the Bases Conversion and Development Authority (BCDA). The entire district used to be the part of the main Philippine Army camp.
In 1995, Bonifacio Land Development Corporation (BLDC) started planning a major urban development—Bonifacio Global City. BLDC made a successful bid to become BCDA's partner in the development of the district. The Ayala Corporation through Ayala Land, Inc., and Evergreen Holdings, Inc. of the Campos Group purchased a controlling stake in BLDC from Metro Pacific in 2003. BCDA and the two companies now control Fort Bonifacio Development Corporation, which oversees the master planning of Bonifacio Global City.
A global city, also called world city or sometimes alpha city or world center, is a city generally considered to be an important node in the global economic system. The concept comes from geography and urban studies, and the idea that globalization can be understood as largely created, facilitated, and enacted in strategic geographic locales according to a hierarchy of importance to the operation of the global system of finance and trade.
The most complex of these entities is the "global city", whereby the linkages binding a city have a direct and tangible effect on global affairs through socio-economic means. The use of "global city", as opposed to "megacity", was popularized by sociologist Saskia Sassen in her 1991 work, The Global City: New York, London, Tokyo; although the term "world city", which refers to cities that control a disproportionate amount of global business, dates to at least the May 1886 description of Liverpool, by The Illustrated London News.Patrick Geddes also used the term "world city" later in 1915. More recently, the term has been described as being synonymous with a city's influence and 'financial capital', with other factors becoming less relevant.