PUEBLO DE ORO BUSINESS PARK

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aerial-view-business-park gmc real estate ventures

The Pueblo Business Park (PBP) is a thriving commercial hub that caters to international and local businesses. With lot sizes ranging from 900 to 1,100 sq.m. (9,684 to 11,836 sq.ft.) and lot prices range from P 15,000/sqm to P 17,000/sqm, it is the perfect place for corporate offices, medium to high-rise residential and office condominiums, hotels and convention centers, malls and commercial establishments. Prominent companies from Manila acquired a majority of the lots sold, including major locator SM City Cagayan de Oro. A Petron station is positioned at the corner of Masterson Avenue and Macapagal Drive. Lot owners preparing for the future include Philamlife, Bank of the Philippine Islands, PET Plans, and Mandaue Foam, to name a few.

The Business Park is located in a 20-hectare area beside the residential sites. It is accessible via a 26-meter wide avenue from the National Highway.


Amenities

Wide roads, streetlights, rotunda fountain (Fuente de Oro), underground provisions for cables and telecom facilities where many telecom providers have put up their broadband nodes are in place. In addition, an interconnected electrical distribution system loop is connected to three Cagayan Electric Power and Light Co. (CEPALCO) substations, better ensuring constant power supply.

Provisions for power and water, 24/7 security including Fire Station and fire truck, K-9 patrol.

PUEBLO DE ORO I.T. ECOZONE

For updated pricelist and availability, please fill up the inquiry form or contact the number(s) below.”

Within the Pueblo Business Park is the Pueblo de Oro IT Ecozone, the first information technology park in Mindanao duly proclaimed and registered with the Philippine Economic Zone Authority (PEZA). It was proclaimed an IT Ecozone by President Gloria Macapagal Arroyo in January of 2005. The Pueblo de Oro I.T. Ecozone is located just beside SM City Mall and is close to several residential villages and other facilities.

Business process outsourcing and IT-related businesses can enjoy fiscal and non-fiscal incentives such as income tax holidays from 4 to 6 years, exemption from import duties on machinery, equipment and materials, permanent resident visas for investors, and a large resource of hardworking, intelligent, excellently-trained IT personnel who graduated from prestigious universities. In addition, the city government offers investment incentives to businesses under the Cagayan de Oro Investment Incentives Ordinance of 2002 (Ordinance No. 8268-2002).

Lot sizes range from 900 to 1,100 sq.m. (9,684 to 11,836 sq.ft.) and lot prices from P 16,500/sqm to P 20,000/sqm.

Underground provisions for cables and telecom facilities where many telecom providers have put up their broadband nodes are in place. In addition, an interconnected electrical distribution system loop is connected to three Cagayan Electric Power and Light Co. (CEPALCO) substations, better ensuring constant power supply.

Provisions for power and water, 24/7 security including Fire Station and fire truck, K-9 patrol.


Philippine Economic Zone Authority Incentives

  • Income tax holiday (ITH) for 4 years for Non-Pioneer and 6 years for Pioneer I.T. enterprises;
  • Option to pay 5% tax on Gross Income in lieu of all national and local taxes upon expiration of ITH, except for real property taxes;
  • Exemption from import duties and taxes on imported machinery and equipment and raw materials;
  • Exemption from Real Property Tax on ICT Equipment and other related facilities:Computer network, hardware and peripherals Telecommunications and telephony equipment Structured cabling and hardwareFiber optic equipmentAir-conditioning unitsStandby generators and unlimited power supplyShall commence upon start of business operations under the following schedules:1st year 100%2nd year 75%

    3rd year 50%

    4th year taxable in full

    The City’s Local Incentives provides fiscal and non-fiscal incentives under the CDO Investment Ordinance to ICT related investment

    New – capitalization of Php10 Million and employs at least 50 people preferably residents of Cagayan de Oro

    Existing Investors – expansion or relocation of project shall entail total project cost of not less than Php8 Million and employ at least 40 people preferably resident of Cagayan de Oro City

  • Additional deduction equivalent to 50% of training expenses;
  • Employment of non-residents
  • Other incentives as may be determined by the PEZA Board

    REGATTA SQUARE

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Brokers Information:

GERALD VACALARES BONIEL, REB

REB lic. # 0020821
Valid until Dec. 09, 2017
HLURB: NMR10-B-03/16-116
Globe/TM: +63 926 970 3108
Smart : +63 999 833 8686
Email: geraldboniel.gmc@gmail.com
Viber: 0926 970 3108

MARIVIC NADELA-BONIEL, REB, REA

AIPO # 0000941
REB lic. # 0001909
Valid until Feb. 27, 2017
HLURB: NMR10-B-03/16-058
Globe: +63 917 716 0227
Smart: +63 949 767 3199
Email: marivicboniel@gmail.com
Viber: 09497673199