New high-rise IT and commercial buildings sprouting inside Asiatown IT park and reclamation area in Cebu are one of the many indicators that the future of IT (Information Technology) and related businesses is good, confident and promising. Physical infrastructure such as buildings, parks and econ-zones serves as the foundation for businesses to grow. These latest developments are reminiscent to the famed Hsinchu Science Park in Taiwan which the government helped put up in the late 80s. Hsinchu Science Park today houses around 200 companies mostly high-tech laboratories, electronic and semiconductor manufactoring plants and wafer/chip fabrication companies, generating an staggering billions of dollars in revenue every year.
It won't be so long when Cebu will be in the same position. All it has to do is move forward, put more developments on its infrastructure and become a magnet for businessmen, software engineers, scientists and technopreneurs to set up their own companies. Not Silicon, its Mango Valley rising up in the east.
Thursday, March 20, 2008
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