NCR expands facility at the eBloc Tower

CEBU, Philippines - Despite the fragile global economic landscape, one of the largest Business Process Outsourcing (BPO) companies in Cebu expanded its facility at the Asiatown IT Park.

NCR Cebu Development Center Inc., recently opened its latest office hub at the newly constructed eBloc Tower within the Asiatown IT Park, occupying a 6,974 square-meter office space.

“Our relationship with NCR is one which we have nurtured based on mutual trust, respectful partnership and shared vision for Cebu’s potential in terms of global growth,” said Cebu Property Ventures and Development Corporation (CPVDC) President Francis Monera, adding that the latest development by NCR “reaffirmed” the latter’s commitment to CPVDC.

 NCR is an assisted-service and point-of-sale solutions in over 150 countries worldwide. Its core industries are financial and retail. The extensive NCR solutions portfolio also serves the travel, healthcare, food and hospitality, entertainment and gaming, and government and public sector industries

NCR has been a locator at the Asiatown IT Park since February 2004 when they first occupied 1,512-sq m space at the eOffice. The IT Park is owned and managed by Ayala Land Inc. subsidiary CPVDC.

Narinder Singh, Managing Director of NCR Cebu Development Center, Inc., in turn commended the relationship and projects built by CPVDC.

“It is a great company to work with, very professional and quality of work cannot be matched with any other builder,” Singh said.

Singh noted that the eBloc Tower offers “the biggest floor plate in Cebu,” which is required by the scale of their operations. “Its building has a design for fit-out without wasting too much space.”

With the eBloc Tower ideally located inside Cebu’s premier I.T. hub, Singh described the site as, “the best place without any problem of transportation and food facilities.”

The 12-story eBloc Tower is a project of Asian I-Office Properties, Inc., a special purpose vehicle created with the joint efforts and resources of CPVDC and the Ayala Land Inc. Corporate Business Group.

It sits on a 4,432-sq m lot near Globe Telecom Tower, Skyrise Building and CJRS. The building features redundant power and water supply, optimum telecommunications facilities, centralized sewage and a secure location, among others.

Earlier, CIPC managing director Joel Mari S. Yu said investors especially BPOs are still very cautious in pursuing their expansion plans, especially in putting up new locations, and sites.

However, Yu said despite this development, existing players in the BPO sector are still expanding their workforce and operations, which is good news for Cebuanos.

“BPO companies are still hiring,” he said adding that although there is no new investments, but expansion moves of locators here keep the economy in shape, amid the weak economic environment.