03/01/2017
Cebu is growing and the best time to invest here is now. This is what ArthaLand believes this is why it will start to build its P8 billion Grade A green office project in the Queen City of the South this 2017.
Driven by tourism and IT-BPM industries, Cebu has been one of the major contributors to the country’s gross domestic product. It has a rich pool of talents with a literacy rate of 91.45% owing to the good number of schools, colleges, and universities within the city and province.
Cebu has one of the more advanced infrastructures among the key cities outside of Metro Manila.
The Mactan – Cebu International Airport received the second largest share of visitor arrivals at about 20.16% as of August of 2016, serving direct flights to key destinations such as Singapore, Hong Kong, Taipei, Shanghai, Guangzhou, Seoul, Narita, Doha, and Los Angeles among others.
The government and the private sectors are well on the way to improving and building more infrastructure in Cebu to further support growth.
Cebu, being located at the heart of the Philippines, is a strategic location for business growth. Outside of Metro Manila, it is the preferred destination of national and multinational enterprises when expanding to the Visayas and Mindanao markets. The city and province host several economic zones that churn products exported to different parts of the globe.
All these contribute to Cebu’s viability for investment.