The Philippines is known as the BPO capital of the world. IT-BPO services drive more than 10% of its economy. The government is well aware of bringing international business to the top metro cities such as Manila by creating a business-friendly environment for foreign investment.
Over the years, Bonifacio Global City (BGC) in Manila has been an excellent platform for opening virtual offices, offshore development centers and outsourcing IT-BPM requirements. There are tailored PEZA spaces to rent offices in the BGC district.
Why is BGC the best place?
BGC is one of the most coveted business districts in Manila that most international businesses prefer. This location offers multi-story buildings with office spaces available in 15,000 sq. km. There are excellent options regarding large tenants, business destinations, leisure spots, residential options, cultural zones, etc. The government has also designed excellent commute mediums for employees. Affordable accommodations enable professionals to stay closer to office locations.
Excellent government policies
The government has designed excellent incentive plans for foreign investors and tax holidays to relax the financial norms to a considerable extent. It is done through PEZA and BOI so that international entities can find BGC, Manila, an excellent location as an offshore business site.
These government policies also benefit the local investors interested in investing in the betterment of the infrastructure of BGC. Thus, it is a win-win situation for the government, local investors, and foreign companies.
Talent pool and expertise
More than 92% of the population can speak English quite well. The accent of the people who work in the BPO segment is not an issue even for American, European and Asian companies. Hence, hiring skilled professionals and experts in different verticals is the new norm in this tech age. Due to this factor, most international investors and foreign companies are looking for offices in BGC.
Many business modes
BGC is where service providers offer excellent business modes for foreign companies. Companies either directly outsource the IT-BPM requirements or open a new offshore workplace. They can also find shared office spaces, virtual offices, and rental office spaces for business development. Many service providers lease co-working spaces at affordable prices.
Co-working spaces or shared office spaces come with excellent service packages that a company can easily avail of. It can also customize its requirements and choose a personalized package based on the available resources. Hence, the flexibility of such services makes BGC an excellent business address for opening a new branch.
These four factors make BGC in Manila an excellent place to invest in an offshore office space. Developing a business becomes more accessible when an advanced infrastructure is available and ready. Such infrastructure covers all the aspects of a business ranging from reception to IT, office supplies to security.
The offices in BGC are customizable based on contemporary requirements too. Find a service provider for office spaces in BGC and kick-start your offshore operations immediately.
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