Thursday, November 27, 2014

Ceboom

By: Samuel Vicente 5



Upon my arrival at the Mactan-Cebu International Airport, I was a bit amazed on how the capital city of the Visayas region became a new source for modernization, commercial enterprise, traditional beauty and economic development. As we drove past, we saw lots of new establishments blooming and opening upon each road. And not to mention, the new constructions building condominiums, malls and other structures around the thriving urban metropolis.

Cebu is boldly attempting to smash Manila's imperial dominance through the boom of businesses and development that reaches far beyond to the emergence of a new stage in city hood. Unlike the choking, overcrowded and stuffy Metropolitan Manila, Cebu is blessed with fresh and open surroundings which can be a good opportunities for investors or entrepreneurs who want to make a fresh provincial start. Cebu is also not overpopulated with lots of people and there are many open lots available for those who want to seize the opportunity to start a business.

One of Cebu's growing business investments is the construction of the Cebu Park District by the Ayala Corporation. The park is a unified district of various economic zones composed within Cebu's commercial zone. This district has become the epicenter of the city's booming economy, which grew in about 18.8 percent in its total revenue last 2012. The Ayala's regional headquarters is situated in this district. Due to this, Cebu city began to enjoy the privileges of world-class standard services and products. They can live harmoniously and blissfully just like those living in the urbanized areas of Manila.

Other developments surging in the city have become a powerhouse for sustained economic growth that not just benefits the city itself but also the nation. The real-estate industry is the fastest growing in the city, with condominiums and subdivisions being built at an almost exponential rate. The city also gains particular attention in shipbuilding and furniture making, the combination of which become the magical advantage for international export.

The city of Cebu is slowly creeping up to overthrow Manila into a giant economic and commercial energizer, if it continues to multiply in growth in a matter of decades. For those who want to venture into a new opportunity in business and investment, but is too skeptical to start one in the concrete jungles of Manila, then the fresh sandy beaches of Cebu may be the right place to fill in.

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