Aseana Business Park (CBPI), forms part and parcel of the Manila Cavite Coastal Road and Reclamation Project (MCCRRP). The project is being undertaken by the Philippine Reclamation Authority (formerly PEA), in behalf of the Philippine Government. MCCRRP has been upgraded as priority undertaking in the Manila Bay BOULEVARD 2000 Project.

Aseana Business Park (also known as Central Business Park One) is a Flagship National Government Project being implemented by the Philippine Reclamation Authority along the Build Operate Transfer (BOT) scheme and pursuant to existing special laws and Executive Orders.

Partnership between Government and Private Corporations

The Philippine Reclamation Authority, in turn, has partnered with R-1 Consortium to reclaim and develop approximately 204 hectares of land along Manila Bay.

The project extends westward from and along Roxas Boulevard with a length of approximately 1.2 kms. toward the existing breakwater offshore. It has an approximate perpendicular distance of 1.5 kms. Aseana Business Park is bounded on the North by the Redemptorist Channel and the SM Mall of Asia Development. And on the South, it is bounded by the Asiaworld and Uniwide Developments.