‘Synergy in Mandaue’
AFTER the Philippine Economic Zone Authority (Peza) board removed an incentive for developers building IT parks in Cebu City, those in the property business believe that most will start setting their sights on Mandaue City.
Danilo Ignacio, chairman of DEI Properties, said Mandaue is an ideal location for IT parks because of its proximity to Cebu City and the international airport.
Ignacio gave this observation at the press conference announcing the development of the Norkis Cyberpark by the Norkis Group of Companies along A.S Fortuna St. in Mandaue City, which his company will be managing.
He also felt the support of the local government in constructing the first phase of the project, saying the city is investor-friendly.
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