Norkis company to set up P6 B cyberpark in Mandaue City

Posted January 29, 2014

Fifty years after they first set up their motorcycle business in Mandaue City, the Norkis Group will invest P6 billion to develop a cyberpark that’s projected to add 38,000 jobs in the city.

Dr. Norberto B. Quisumbing, Norkis Group of Companies chairman, Mandaue City Mayor Jonas Cortes and DEI Properties, Inc. chairman Danilo E. Ignacio presented the project to Cebu media in a press conference held at the Regency Crest.

Quisumbing said his company decided to develop the 2.8 hectares property along A.S. Fortuna to help fuel the city’s economic growth.