The Cebu IT Park (formerly known as ''Asiatown IT Park'') is a

business park A business park or office park is a designated area of land in which many office buildings are grouped together. These types of developments are often located in suburban areas where land and building costs are more affordable, and are typically ...

Cebu City Cebu City, officially the City of Cebu ( ceb, Dakbayan sa Sugbo; fil, Lungsod ng Cebu; hil, Dakbanwa sang Sugbo), is a 1st class highly urbanized city in the Central Visayas region of the Philippines and capital of the Cebu Province. Acc ...

Philippines The Philippines (; fil, Pilipinas, links=no), officially the Republic of the Philippines ( fil, Republika ng Pilipinas, links=no), * bik, Republika kan Filipinas * ceb, Republika sa Pilipinas * cbk, República de Filipinas * hil, Republ ...

. The park is envisioned to attract locators in the

information technology Information technology (IT) is the use of computers to create, process, store, retrieve, and exchange all kinds of data . and information. IT forms part of information and communications technology (ICT). An information technology syste ...

industry. It is developed by Cebu Property Ventures and Development Corporation, a subsidiary of Cebu Holdings, Inc., in turn a wholly-owned subsidiary of

Ayala Land Ayala Land, Inc. (ALI) is a real estate firm based in the Philippines. It is a subsidiary of Ayala Corporation. It began as a division of Ayala Corporation until it was spun off and incorporated in 1988. It became publicly listed in the Phili ...

History

The site of where the Cebu IT Park is on used to be the site of the old Lahug Airport, which opened on 1938 before suspending operations in 1966, when Cebu's airport was transferred to the island of

Mactan Mactan is a densely populated island located a few kilometers (~1 mile) east of Cebu Island in the Philippines. The island is part of Cebu province and it is divided into the city of Lapu-Lapu and the municipality of Cordova. The island is se ...

. One event of historical note occurred on February 19, 1981, when Pope John Paul held an open-air

Papal Mass A Papal Mass is the Solemn Pontifical High Mass celebrated by the Pope. It is celebrated on such occasions as a papal coronation, an ''ex cathedra'' pronouncement, the canonization of a saint, on Easter or Christmas or other major feast days. ...

on the airport's runway. The airport was finally closed in the mid-1990s, after it was acquired by Cebu Property Ventures, Inc., a subsidiary of Philippine property developer

, just a couple of years after the same developer acquired the nearby Club Filipino golf course (which would later become the site of the Cebu Business Park). It was approved by the

Philippine Economic Zone Authority Philippine Economic Zone Authority (PEZA) is a government agency in the Philippines attached to the Department of Trade and Industry created to help promote investments in the export-oriented manufacturing industry into the country by assistin ...

(PEZA) board as an economic zone on April 6, 2000. On February 27, 2001, Presidential Proclamation No. 12 made it an Information Technology

Special Economic Zone A special economic zone (SEZ) is an area in which the business and trade laws are different from the rest of the country. SEZs are located within a country's national borders, and their aims include increasing trade balance, employment, increas ...

. Construction on eOffice One, the first office modules in Cebu IT Park, began in 2001 and opened in 2002. It was later closed down and demolished.

Developments

General operations

Tenants in IT Park include Cebu Bombardier,

NEC is a Japanese multinational information technology and electronics corporation, headquartered in Minato, Tokyo. The company was known as the Nippon Electric Company, Limited, before rebranding in 1983 as NEC. It provides IT and network solu ...

, SPI Tech, 1&1 Internet Philippines, Inc.,

Aegis The aegis ( ; grc, αἰγίς ''aigís''), as stated in the ''Iliad'', is a device carried by Athena and Zeus, variously interpreted as an animal skin or a shield and sometimes featuring the head of a Gorgon. There may be a connection with a d ...

(now acquired by Teleperformance),

Concentrix Concentrix is an American business services company specializing in customer engagement and business performance. Concentrix was a subsidiary of SYNNEX Corporation (NYSE: SNX) since 2006 and went public as an independent company on Decemb ...

(formerly Convergys, which later acquired both eTelecare and

Stream A stream is a continuous body of surface water flowing within the bed and banks of a channel. Depending on its location or certain characteristics, a stream may be referred to by a variety of local or regional names. Long large streams ...

), Qualfon, Promotional USB,

Accenture Accenture plc is an Irish-American professional services company based in Dublin, specializing in information technology (IT) services and consulting. A ''Fortune'' Global 500 company, it reported revenues of $61.6 billion in 2022. Accentu ...

, NCR, IBM,

Microsoft Microsoft Corporation is an American multinational technology corporation producing computer software, consumer electronics, personal computers, and related services headquartered at the Microsoft Redmond campus located in Redmond, Washi ...

, Xlibris/

Author Solutions Author Solutions is the parent company of the self publishing companies/imprints AuthorHouse, iUniverse, Trafford Publishing, Xlibris, Palibrio, and Booktango. Author Solutions also maintains partnerships with traditional book publishers Simon ...

JP Morgan Chase JPMorgan Chase & Co. is an American multinational investment bank and financial services holding company headquartered in New York City and incorporated in Delaware. As of 2022, JPMorgan Chase is the largest bank in the United States, the ...

, WorldRemit,

Epson Seiko Epson Corporation, or simply known as Epson, is a Japanese multinational electronics company and one of the world's largest manufacturers of computer printers and information- and imaging-related equipment. Headquartered in Suwa, Nagano, ...

and 24-7 Intouch. The main infrastructures found at the park are i1, i2, i3, The LINK, E-BLOC, E-BLOC 2, E-BLOC 3, E-BLOC 4, TGU Tower, Skyrise 4, Skyrise 3, Skyrise 2, Skyrise 1, CJRS Point, Mabuhay Tower, Calyx Centre, Globe Telecom IT Plaza, Teleperformance Tower, Avida Towers Cebu, Avida Towers Riala, Park Centrale, Asia Premier Residences, HM Tower, Filinvest Cyberzone Towers, and The Central Bloc. In January 2010, IBM inaugurated its 2nd Global Delivery Center at TGU Tower. IBM established its initial presence in the Philippines in 1937. In 2007, IBM partnered with the Philippines Department of Science and Technology on the Philippine Intellectual Property Policy Strategy, Engineering Research & Development for Technology Program, and the National Technology Business Incubators Program. IBM Philippines Country General Manager James Velasquez said the company recognizes Cebu as the gateway both for its domestic clients in the Visayas and Mindanao, as well as overseas clients.

Ayala Malls Central Bloc

Opened on the site of eOffice One in 2019, Ayala Malls Central Bloc is the second Ayala Mall in Cebu, and is the first major retail establishment within the property. Also located adjacent to the mall's complex is a Seda Hotel and two office buildings, with the whole Central Bloc complex serving as Ayala's mixed-use development centerpiece of the business park, similar to its larger neighbor Ayala Center Cebu, which is located in the center of the larger Cebu Business Park that is just nearby.

Garden Bloc

Garden Bloc is a open park development within IT Park. It is also home to several restaurants and bars, such as The Social, Sugbo Mercado, and The Pyramid, among others.

Residential

Asia Premier Residences is the first residential condominium in IT Park, opening in 2011. Other residential condominiums within the development include 38 Park Avenue by Cebu Landmasters and several condominiums developed by Avida Land.

References

External links

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Cebu IT Park
satellite image on

Google Maps Google Maps is a web mapping platform and consumer application offered by Google. It offers satellite imagery, aerial photography, street maps, 360° interactive panoramic views of streets (Street View), real-time traffic conditions, and rout ...

{{DEFAULTSORT:Cebu IT Park Science parks in the Philippines Planned communities in the Philippines PEZA Special Economic Zones Buildings and structures in Cebu City