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New BPO building to rise in Cebu

Posted on February 01, 2012 10:17:23 PM [ BusinessWorld Online ]

CEBU CITY -- Asian i-Office Properties, Inc. yesterday broke ground on eBloc Tower 3, its third business process outsourcing (BPO) building at the Cebu IT Park.

This, as three technology-based companies started fitting out their offices at the newly completed eBloc Tower 2.

The third eBloc Tower, located near the second tower, is a 12-storey building with seven levels allocated for office spaces. Its construction boosts the cyberpark’s and Cebu’s capacity to host BPOs. Cebu has retained its rank as the Tholons’ ninth top BPO destination in the world.

Antonino T. Aquino, president of Asian i-Office’s parent firm Ayala Land, Inc., said the Ayala Group will continue to focus on enhancing its master-planned developments in Cebu City even as it looks for opportunities to undertake similar projects in other major cities in the Visayas and throughout the country.

The group is developing master-planned communities in Bacolod and Iloilo cities. Both have a cyberpark component.

“We’re looking at other cities as well, but we’d like to focus first on Cebu and the bigger cities,” Mr. Aquino said.

Meanwhile, Cebu Property Ventures and Development Corp. President Francis O. Monera said they finalized lease contracts with three companies that will set up office at eBloc Tower 2.

“They are starting to fit out [sic] already. They should be able to move in within the first half of this year,” Mr. Monera said.

One of the locators, NEC Telecom Software, will relocate to the eBloc Tower 2 around April this year. NEC Telecom currently occupies 3,000 square meters at the eOffice, a temporary one-storey structure within the Cebu IT Park.

Mr. Monera declined to identify the two other locators, but one has operations at the Cebu Business Park and in uptown Cebu City while the other is expanding its facility at the Cebu IT Park.

eBloc Tower 1, also within Cebu IT Park, has been fully leased. -- Marites S. Villamor
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