A New Davao Arises!

Bringing you what’s new in the city and upcoming to Davao!

SM City Davao’s Convention and IT Park/Center.

from BusinessWorld

SM City Davao will erect a new multi-purpose building located the back of its existing shopping mall to house upscale shops, contact centers and a convention center.
Debbie Go, SM City Davao manager told local media the structure would be built on a three-hectare lot adjacent to the current shopping complex, which occupies 10 hectares, in this city’s Ecoland district.

Details of the project are still unavailable since plans have yet to be finalized, she said.

“These are all still in the drawing board and have yet to be approved,” she told local media.

A local source, however, said the planned building would be smaller by “a few hectares” to the existing SM City Davao, which has 76,000 square meters. The existing shopping mall was built in 2001 at a cost of at least P1.5 billion, officials of the Davao City Investment and Promotion Center said.

Ms. Go confirmed the company has submitted its application for accreditation as an information technology park to avail of perks granted by the government for such projects.

Davao has only one such park, the Anflocor Group’s Damosa Complex in Bajada district, which hosts Link2Support, a Manila-based contact center that also operates a similar facility in Cagayan de Oro.

Other than SM City Davao, the New City Commercial Center in Matina district has also filed an application for a information technology park accreditation from the Philippine Economic Zone Authority.

Eriberto Barriga, Jr., New City Commercial Center director for shopping mall business, said the group was negotiating with Sutherland Global Services, an American contact center firm, which plans to start its Davao operation within the year.

The city has three active contact centers: Cyber City Teleservices, Link2Support and homegrown-firm Global Seven although city officials said they have received about half a dozen inquiries from business process outsourcing investors since last year.

Filed under: Real Estate/Construction, Urban Developments in Davao

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