Mabuhay Tower CBP to rise in Cebu for BPO companies
A new office tower seeking to attract business process outsourcing (BPO) companies, outsourcing suppliers, and Filipino entrepreneurs will soon rise at the Cebu Business Park.
The 17-storey Mabuhay Tower CBP will offer nearly 9,100 square meters (sq.m.) in gross leasable area. This development is set to be completed by early 2020.
The development is exclusively marketed by by Leechiu Property Consultants (LPC) and according to iving the southern metropolis’ office market up to the end of the year,” Phillip Anonuevo, executive director of LPC, “a more pleasant environment and highly competitive salaries are the key attractions of Cebu City to BPOs who are seen to continue driving the southern metropolis’ office market up to the end of the year.”
The Mabuhay Tower has received accreditation from the Philippine Economic Zone Authority (PEZA) and is interested in attracting established BPO companies, outsourcing suppliers with boutique-scale operations, as well as Filipino entrepreneurs in software development and web marketing that serve clients overseas.
This project is a continuation of the Mabuhay Tower at Cebu IT Park. This building is fully occupied with BPO companies servicing small and medium-sized companies in key cities around the world.
Mr. Anonuevo also said that Cebu is a very cost-effective business location for players in the BPO industry. Cebu also has a highly-skilled, English-speaking labor pool.