This section offers key information about major central business districts and next-wave cities in the Philippines. Makati CBD remains as the country's top financial district, followed by Bonifacio Global City, and Ortigas. Quezon City, one of the largest cities in the metro, also features several IT Parks and centers within its vicinity, including Eastwood City, UP  Technohub, UP Town Center, and Eton  Centris.

Metro Manila Central Business Districts

Next-Wave Cities

Why invest in the Philippines

The Philippines is still one of the fastest growing economies in Asia. In a recent Bloomberg report, the Philippines' gross domestic product growth is pegged at 6.6% YoY during the last quarter of 2017. The recorded GDP percentage is "slightly below consensus expectations" but is still within the government's target range of 6.5 to 7.5%. The National Economic Development Authority Socioeconomic Planning Secretary Ernesto  Pernia also said that the fourth quarter of 2017 provided a "strong finish" for the Philippines.

Bright spots in the economy
From business process outsourcing, Philippine Offshore Gaming Operators and tourism to agriculture,  biofuels, and renewable energy, the Philippines has several bright spots in the economy that private firms and individuals can tap for investment. The country is also endowed with rich natural resources and massive lands that offer huge opportunities for investment.

Rich pool of talent
Majority of the Filipinos are  well-educated and possess good communication skills, making them prime candidates for various positions in different industries. From call center agents and BPO employees to engineers, nurses, and doctors, the Philippines' rich resource pool is one of the factors that encourage foreign companies to set up shop in the country.

Ease of doing business
Cognizant of rising investor interest, the Philippine government and its agencies continue to improve business processes and create investor-friendly policies (see more: PEZA) to encourage investments  in the country. Cost of living and wages in the Philippines is also one of the lowest in the world, allowing businesses to save on operational costs and increase bottom lines.