State-owned Philippine National Oil Company (PNOC) has set its sights on a so-called Tower of Power, based on the Petronas Twin Towers in the Malaysian capital Kuala Lumpur.

PNOC has elicited interest from companies interested in developing its existing site at the Fort Bonafacio Global City, Metro Manila into an energy centre that will include the huge building.

The plan is to develop PNOC’s property to include an iconic tower similar to Petronas’ structure but likely with fewer than the 88 floors of the latter.