China Bank opens P400-M BPO bldg in Cebu

MANILA, Philippines - China Banking Corp. is inaugurating today its newly-completedP400-million 17-story office facility in Cebu Business Park.

The China Bank Corporate Center, accredited by the Philippine Economic Zone Authority (PEZA), caters to business process outsourcing (BPO) companies and is adjacent to the 1,780-square meter China Bank Cebu Business Center which opened in 2009.

China Bank chairman Hans Sy said the corporate center will be a premier office location providing first-rate work environment for BPO companies.

 “It is now ready for occupancy and we welcome tenants looking at taking their businesses to new heights,” Sy said in a statement.

The corporate center features a high performance energy efficient double-glazed curtain wall system, providing better heat and sound insulation and reduced air-conditioning load requirement for the entire building than ordinary single glazed panels.

It is fully fitted with important provisions and amenities, including 100-percent power back-up supply, dual piping system, variable refrigerant volume (VRV) air conditioning system, redundant telecommunication facilities, fire protection system and fire exits, 24/7 security with CCTV and access controls.

It also features four high-speed elevators (three for passengers and one for service), a delivery and service bay, a helipad, a contemporary cafeteria with al fresco dining area at the third floor, and 96 parking slots from the third floor to the sixth floor.

The sleek, modern building has a gross floor area of 15,895 square meters, nearly 6,000 square meters of which are office space for lease (from the 9th floor to the 17th floor).

The average office space is approximately 718 square meters, which can be leased at affordable rates.

According to Sy, China Bank Corporate Center is proof of China Bank’s continued commitment to the development of the Queen City of the South.

 “Cebu is home to China Bank’s first ever provincial branch, Cebu-Magallanes, opened in 1948. Now, it has a branch network of 23 China Bank, two China Bank Savings, and three Plantersbank branches serving the banking needs of the residents and entrepreneurs of Cebu and contributing to the vitality of the local economy,” he added.