ILOILO CITY: All is set for the construction of an 18-story information technology building of SM City BPO Twin Tower costing P1.7 billion along the Iloilo diversion road to house a call center, other offices, and parking spaces.
The city council here has endorsed the project on Tuesday, as a requirement for the Philippine Economic Zone Authority (PEZA) endorsement of a proposed economic zone for a Presidential Proclamation.
SP committee on trade, commerce and industry chair Candice Magdalane Tupas said the investment project is a big boost to the city, especially it is now ranked as an important area for the business process outsourcing (BPO) or call center industry.
A letter dated January 27, 2016 of SM City mall manager Gilbert Domingo requested for a city council endorsement required for PEZA endorsement. A consultative meeting with stakeholders was conducted on March 7 for the proposed construction of an 18-floor building.
The BPO Twin Tower is across the SM City Mall and besides the Injap Tower building. An initial plan is to make the lower ground floor as a terminal or drop off and pick up station for public transport and the 2nd to 5th floor as parking areas for the SM clients.
The start of the BPO Twin Tower and other offices is from the 6th until the 18th floor.
Domingo said the building is not solely for a call center but can be leased to other offices.
The SM management is preparing all documents for their prequalification clearance and is requesting only 20 percent of the total floor area to be declared as PEZA accredited area. The target date of completion of the first six floors is in November 2017.