Beautiful Cebu

Cebu is not the same colonial province time has forgotten decades ago. It is not a periphery to the center but rather, a destination with its own unique charm. Discover for yourself. See new destinations in the Cebu mainland. Read on...

Tuesday, May 24, 2011

An ICT Boom

The rise of China as a manufacturing behemoth and the Asian financial crisis led then mayor Alvin Garcia to look for alternatives . His administration saw a silver lining in the emerging global ICT industry. He convened an ICT summit in preparation for the anticipated boom of ICT-related industries and enabled services. He wanted to pattern Cebu City's economic development after Bangalore in India. He later organized the Cebu Educational Development Foundation for Information technology or CEDFIT meant to prepare schools for ICT-enabled industries and services


Shortly after Tommy Osmena's successful return as mayor, the Business Process Outsourcing or BPO industry boomed. Today, there is a scramble for office spaces in the city mostly by ICT-enabled companies. The city is on a construction boom unparalleled throughout its history as new buildings are constructed all over the city.

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