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Cebu Business

Sunday, June 14, 2009

The reason why investors loved Cebu.



Cebu has the highest economic growth rate in the Philippines and higher than that of the national capital region. Foreign investment Group make cebu ranked number eight as a great Potential Investment Hub. by the Finance Direct Investment (fDi) magazine of the Financial Times Group. Investment advisory firms tholons and the global services publication ranked cebu as the number one city for Business Process Outsourcing companies overtaking the three cities in india.

Cebu is also ranked as the Top 10 Best Asian Cities. With over 5 billion US dollars in annual revenue in export industry alone. Cebu's Major industries are Electronics / electrical equipment manufacturing, car manufacturing, gun manufacturing, shoe manufacturing, computers, metals and precision instruments, chemicals, industrial parts assembly, food processing, furniture, fashion accessories, gifts, toys and housewares (GTH), garments, stonecraft, shipbuilding, and mining. More than eighty percent (80%) of the Countries Inter Island Shipping are Cebuano owned Companies.

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