When looking for a location to build your business in, you’d obviously want it to be in a city that is economically stable, easily accessible, has good urban planning, and promotes work-life balance. Iloilo City is one such place.
Take a closer look at Iloilo province, particularly its capital with the same name, and see just how its fast growth can positively affect your business.
Iloilo city’s efficiency is nationally recognized. At the Cities and Municipalities Competitiveness Index (CMCI) Awards 2018, held during the 6th Regional Competitiveness Summit, Iloilo city was awarded the Most Improved Local Government Unit under the Highly Urbanized City category. This annual competition assesses local governments according to their efficiency, dynamism, resiliency, and infrastructure. Being recognized as the most improved city in all of the Philippines, Iloilo cements its position as a location where businesses will grow.
The city’s infrastructure is award-winning. Running along the Iloilo River, the Iloilo River Esplanade won, last year, the Haligi ng Dangal award for best landscape architecture. Designed by Paolo Alcazaren, the Esplanade is a popular spot for pedestrians and bikers, coffee lovers and foodies.
Additionally, as a coastal city, Iloilo serves as a major transportation hub. Its nine seaports connect Iloilo with such locations as Manila, Cagayan de Oro, Bacolod, Cebu, and Guimaras.
Foreign investments are poised to pump up the Iloilo economy. Last year, Belgian Ambassador Michel Goffin himself promised to bring Belgian business to the city and the rest of Iloilo province. They would be tapping into Iloilo’s information and communications technology sector, as well as, possibly, its food and beverage industry.
Tholons International, a strategic advisory firm for global outsourcing and investments, included Iloilo city in its 2018 list of 100 Super Cities. According to Tholons, these cities are those whose workforce is ready to shift to a more digital environment.
Iloilo’s arts and culture scene is booming. Of course, any successful, dynamic city can’t just be all about business. It has to be well-balanced with a hopping art and culture community. Iloilo has no shortage of this.
A new museum — the Museum of Philippine Economic History — sits in the old Commission on Audit building and is run by the National Historical Commission of the Philippines. Other than this, several key heritage and cultural sites are being restored under the Iloilo Heritage and Urban Renewal Project in a bid to preserve the province’s rich history.
Numerous art galleries have also opened in the city in recent years. But in Iloilo, art isn’t limited to galleries. At the Atria Park District in Mandurriao, Iloilo, for example, murals created by local artists are displayed all over the estate. Iloilo’s art scene is definitely solid.
Mixed-use property developments ensure work-life balance. To live within close proximity of commercial enterprises, office/business establishments, and schools means you get more time to live your life to the fullest. Avida Towers Atria is Avida Land’s first mixed-use development in Atria Park District Iloilo. Its location is one to envy; while the Iloilo Ayala Technohub is inside Atria Park District, schools, shopping malls, and hospitals are clustered close by. Avida Towers Atria lets you design a life that doesn’t waste time on unnecessary travel time to the places you need to be. In other words, living here makes your life feel like an eternal staycation within the city.
How about it? Iloilo is everything an entrepreneur needs in a business location. Go ahead and explore this city and let your business grow!