Cebu as an Investment Destination:Why CEBU?

Submitted by admin on Tue, 2006-11-14 23:43.

• It is not just a promise or potential, Cebu is demonstrated capability with an excellent economic track record.
• It is the second largest city and fastest growing economy in the Philippines.
• Cebu’s export growth rate for the past 5 years has averaged close to 20% considerably higher than that of the country and any other province in the Philippines.
• It leads the country in export items such as furniture, fashion accessories, carrageenan and gifts, toys and housewares.
• It is the most accessible place in the Philippines, with more domestic air and sea linkages than Manila.
• Cebu is base to over 80% of inter-island shipping capacity in the Philippines.
• Cebu is the Tourism Gateway for the Central and Southern Philippines.
• It is not in an earthquake zone or typhoon belt, nor are there volcanoes in the island.
• Cebu has one of the best records for peace & order in the country.
• Its labor force is oriented towards non-agricultural lines and is one of the most productive in the country.
• The development of its infrastructure is balanced; it has all the ingredients necessary to be competitive and sustain investments. It is a cosmopolitan area with all the support facilities and amenities needed for an ideal lifestyle.