Real Estate Investment Growth and Challenges

I just read a news item today where real estate developer Megaworld Corporation is investing P1.5 billion ($31.2 million) to finish the construction of the 27-storey Global One Center by early 2009.

Bertaphil will open its third facility at the Clark Special Ecomic Zone this May 2007 targeting investors from the business process outsourcing (BPO) industry.

There are still some areas in the country that are very slow in catching up with their city's real estate developments. Davao-based blogger Oliver Robillo challenges Damosa Land’s I.T. park project to shape up its marketing efforts as it has an effect on the city's overall e-services investment marketing efforts.

Davao City Eyeing Saudi Investments

GOVERNMENT officials and businessmen comprising the Davao City trade mission to Saudi Arabia on November 10 to 16 are expected to woo Saudi investors to the city’s Business Process Outsourcing sector. (The Saudi Gazette)