CEBU, Philippines – To take advantage of the surging demand for solo motorcycles in the Philippines, the Norkis Group recently announced the additional 20 exclusive outlets for its locally assembled motorcycle brands.
Norkis Group of Companies president Luis B. Quisumbing said that the company's two brands, the Sunrise and Haojue are completely knocked down (CKD) units from China that are assembled at the company's assembly facilities in Cogon, Compostela.
Both facilities are registered with the Motorcycle Development Program (MDP) of the Board of Investments (BOI).
With the opening of 20 new exclusive outlets for these brands, Eric Borja, the company's managing head said the Norkis Group will be investing P4 million, with an estimate expense of P200,000 each outlet.
Aside from the investment of adding new outlets for its motorcycle brands, Norkis Group also announced earlier that it will enter into the promising BPO (Business Process Outsourcing) and real estate sectors to ride on the robust growth in these two industries.
Norkis Group chairman Dr. Norberto B. Quisumbing said that the company is going to convert its three-hectare property in Mandaue City into Cyber Park in the next two to three years.
While the prospects for its core business is still on upswing mode, Quisumbing said the company also has to diversify its business interest" to go with the times.
To be called Norkis IT Park, the initial plan is to build eight high-rise buildings suited for the BPO clients, as well as the establishment of an Academy for ESL (English as Second Language) in partnership with a big university in Cebu.
According to Quisumbing, the company is open for joint-venture deals with interested BPO (Business Process Outsourcing) companies for the establishment of buildings or it may be done through lease-contract agreement with Norkis.
Once completed, the father of the Norkis Group said that the Park can easily employ more or less 20, 000 to 30,000 people.
BPO, he said is a good employment generator for the country in this generation, and in line with this thrust to provide more employment to Cebuanos, keeping them from working abroad, Quisumbing said establishment of an IT Park in Mandaue is one of the solutions to unemployment
He admitted that the Norkis group like other companies is losing good people to high paying BPO companies. (FREEMAN)