US-BASED business process outsourcing (BPO) company Concentrix is setting up shop in the country and will lease out units in an office building developed by property giant Megaworld Corp. at the at the Mactan Newtown township in Lapu-Lapu City in Cebu.
In a statement, Megaworld said Concentrix will initially occupy around 2,600 square meters of office space on the entire second floor of Tower 3 of its 8 Newtown Boulevard office development.
Megaworld said that Concentrix is the fourth BPO company to open operations in the 30-hectare township following the entry of The Results Companies, enfra USA and Manulife.
“The entry of Concentrix in Cebu, through The Mactan Newtown, is a clear indication of our continuing commitment to build the largest cyberpark in Mactan and would further strengthen Cebu’s position as the country’s top BPO hub,” said Megaworld senior vice president Jericho Go.
The said township houses four office towers that offer a total of 25,400 square meters of leasable space, as each building will have three floors of office spaces. The office buildings will also offer commercial and retail spaces on the first floors of the towers.
Megaworld noted that the three floors of tower 1 are already occupied by The Results Companies.
“The existing BPO companies in The Mactan Newtown have been ecstatic about the future of the township especially after we revealed our plans for the beachfront and the Mactan Shrine area,” Go said.
Megaworld said it is currently building beachfront pavilions to cater to BPO companies who need space for teambuilding activities and events.
“Our BPO partners will certainly have their own access to the beach, just the same privileges that we plan to give to our condo residents,” added Go.
The Mactan Newtown currently has a portfolio of 38,000 square meters of office space. By 2021, the property giant aims to have a total inventory of 150,000 square meters of office space as it plans to build five to 10 towers in the said township.