Cebu continues to attract outsourcing, ESL firms — Colliers International

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Cebu will continue to attract outsourcing firms due to its steady pool of competent college graduates who could handle voice support and higher value-added services such as medical and legal transcription and software engineering.CDNTopStories Read more:

Joey Bondoc, senior manager of Colliers International, noted that Cebu college graduates reached more than 39,000 each year in the following courses: engineering and mathematics , information technology , law and jurisprudence and, medical and allied , among others.

For example, the combined 70,000 square meters of new office space in CITP and CBP completed in 2018 was leased in less than 12 months. ESL firms QQ English, New Type International Language School and TOMAS English Training Center are located at the CITP while Access e-Talk Plus Inc., Winkey Online English Academy and Nexseed have facilities at the CBP.Bondoc advised developers to be more flexible on the sizes of office spaces they offer to the market.

Bondoc said that the POGOs would continue to locate in the Philippines, which is the only country in Asia that accommodates them. Mandaue City could also attract non-outsourcing firms such as banks and insurance companies due to cheaper lease rates and flexibility in office floor cuts.

 

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