Megaworld to fortify offices, retail
Megaworld, the country’s largest office developer, is ramping up its retail store and office developments in Davao City.
The property giant is building the offices, retail row and shophouses in the 11-hectare township in Davao Park District in Lanang.
A plan to put up a hospital and a school is also underway.
“Megaworld’s commitment to nation building and spreading the economic prosperity to the provinces remains. In the next five years, we hope to see more and more people coming home to the provinces because they find more opportunities here. This way, we also help decongest Metro Manila,” said Jericho Go, Megaworld’s senior VP.
The township development is expected to generate around 100,000 jobs by 2020.
“We will certainly bring first-time, new locators to Davao City. That’s the same thing that we are doing to other cities like Iloilo and Lapu-Lapu City in Cebu. There are so many skilled talents for the BPO sector here, and we are sure about Davao City being a ‘hot’ pick for location,” Go said.