The Pasig River Esplanade, officially known as Pasig: Bigyang Buhay Muli (lit. 'Pasig: Give Life Again'), is a riverside esplanade in Manila, Philippines. It is planned to extend 25 kilometers (16 mi) along the Pasig River, traversing the cities of Manila, Mandaluyong, Makati, Pasig, and Taguig.

The project is an initiative of the administration of President Bongbong Marcos to rehabilitate and revitalize the Pasig River.

It was formally launched on July 23, 2025 through the signing of Executive Order 35, which created the Inter-Agency Council for the Pasig River Urban Development (IAC-PRUD) and obliged the new agency to formulate a Pasig River Urban Development Plan. By August 23, 2023, the IAC-PRUD completed the master plan for the project. The plan was made by WTA Architecture and Design Studio and PGAA Creative Design. On the following day, the project was formally launched as the Pasig Bigyan Buhay Muli (PBBM) project

It is a pet project of First Lady Liza Araneta-Marcos.

The Pasig River Esplanade has been constructed and opened in phases. The first 500 meters (1,600 ft) of the Pasig River Esplanade, which was dubbed as the "Showcase Area", was inaugurated on January 17, 2024. As of October 19, 2025, four phases has been completed.

The project so far also included the renovations of the Plaza Mexico, Maestranza Wall, and Fort Santiago.