Local brand Makina Watches has unveiled a timepiece dedicated to the athletes who are competing in the 2024 Paris Olympics. 

The new watch features the image of the Philippine flag and the logos of the Olympics and Paris Olympics.

It also has the inscription "1924-2024" which, Makina Watches owner Danilo Villanueva said, is the "most significant" aspect of the watch's design.

"The intent was to make it colorful. Of course, the Olympics kind of demands it, the logo demands it to be colorful... Also, because it stands for the union of the continents participating in the Olympics, as well as the energy and excitement of of the athletes, and the fans that come together for two weeks every four years," he said in an interview on ANC's "Business Roadshow" on Wednesday. 

"For me, the most significant part of this design is the inscription '1924-2024' because it marks the centennial anniversary of when the Philippines first joined the Olympics," he added. 

"This is really important and it's my most favorite part of the design because it adds historical value to the watch."

Makina Watches' newest creation was done in partnership with the Philippine Olympic Committee. Unfortunately for watch fans, this particular timepiece is not for sale. 

"We've had non-stop questions about purchasing one, but unfortunately it's exclusive to the Philippine Olympic Committee and to whoever they need to give it to," he said. 

The rest of Makina Watches' timepieces are available on the brand's website, and in select shops in Manila. 

Villanueva said the Filipino brand also has retail partners in Dubai, Japan, and Hong Kong.