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Top 3 Reasons Davao City Philippines is Poised for Heavy Economic Growth19 Jun

iStock_000008253605XSmallDespite the current world economic crisis, Davao City is a booming city. Davao has been touted as one of the most live-able and peaceful cities in Asia.

And as such, it has attracted the eyes of local and foreign investors. There are currently 3 major malls being built in the city, two of which has facilities for technology hubs and outsourcing office spaces. More than a dozen residential property developments are also underway. And with the operation of the Davao International Airport, more investments are pouring in.

The airport has also aided the city in increasing the influx of tourists in the city. The trend of eco-tourism and adventure tourism has helped the city attract visitors. These visitors, in turn, have helped spurt the growth of local industries and companies. Hotel occupancy has increased and local restaurants, souvenir shops, and related businesses haven’t really felt any major effects of the economic crisis.

And with Mindanao as home to more than 40 universities and even more colleges, there is a wide source of untapped wealth of human resources in Davao. Most of Mindanao’s talented and skilled manpool is currently concentrated in Davao City as it it the metropolis and center of economic activity in the island.

With countless infrastructure and property developments, a bustling tourism industry, and a deep manpool resource, Davao City is certainly poised for economic growth despite the current world economic crisis.

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10 Responses to “Top 3 Reasons Davao City Philippines is Poised for Heavy Economic Growth”

  1. Restructure Your Life with a Business or Personal Virtual Assistant | TryBPO (July 17th, 2009 at 7:18 am) Reply

    [...] virtual assistant can accomplish. Whether your virtual assistant is located in California or Davao City in the Philippines, their services are available 24 hours a day and 7 days a week. Keep in mind [...]

  2. Restructure Your Life with a Business or Personal Virtual Assistant | TryBPO.com Philippines Outsourcing News and Information (July 27th, 2009 at 5:36 am) Reply

    [...] virtual assistant can accomplish. Whether your virtual assistant is located in California or Davao City in the Philippines, their services are available 24 hours a day and 7 days a week. Keep in mind [...]

  3. lance (August 22nd, 2009 at 4:51 am) Reply

    This is a positive development for Davao. In the recent data of the Department of Tourism, Davao ranks third in the most visited cities in the Philippines.

    Davao News and Information

  4. Should I Outsource to Manila, Cebu or Davao City? | TryBPO.com Philippines Outsourcing News and Information (September 4th, 2009 at 11:12 am) Reply

    [...] you outsource to Davao City, you enjoy a highly skilled and available work force and forgo only a little in established infrastructure.  Additionally, the low cost of living and [...]

  5. lorelen (January 26th, 2010 at 9:28 pm) Reply

    hi?i”m lorelen! i’m interested to work your campany but as of now i”m still studying…

  6. uberVU - social comments (March 28th, 2010 at 4:12 pm) Reply

    Social comments and analytics for this post…

    This post was mentioned on Twitter by TryBPO: Outsourcing growth in Davao City is heavily expected in the next few years http://bit.ly/3w4erG...

  7. Connie (July 4th, 2010 at 4:23 pm) Reply

    Thanks for featuring Davao City. Do you have an office in Davao City?

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