DESPITE the global economic slowdown, a software development company based in the Netherlands will operate in Cebu.

It has signed a contract to occupy one story of the iMEZ, the building specifically designed and constructed by AboitizLand Inc. to cater to business process outsourcing (BPO) enterprises.

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AboitizLand commercial leasing manager Floramie Vega signed just last week the contract of lease for corporate space at the iMEZ with Lighthouse Software Europe (LSE) vice president Christa Deinum and project director Kamassan Kaisiepo.

Vega called the conclusion of the negotiations “a vote of confidence in Cebu and AboitizLand during a time when BPO companies are putting on hold their expansion plans.”

LSE has created Lighthouse Software Cebu Inc. (LSCI) to handle its Cebu-based operations.

LSCI will occupy the fifth floor of the five-storey iMEZ.

First

The building is located within Pueblo Verde, the mixed-use commercial neighborhood hub serving the Mactan Export Zone II and its neighboring areas in Lapu-Lapu City.

The iMEZ operation is the company’s first in the Philippines. Aside from Europe, Lighthouse Software is also operating in China.

The company has significant experience in handling large data conversion projects.

Start

LSE combines the benefits of off-shore outsourc-ing with the management and quality of on-shore software development.

AboitizLand has projected a turnover of LSCI’s corporate headquarters by the first week of July.

Operations are scheduled to start in October.

The building has just recently been completed.

Vega said they are in negotiations with other companies interested in setting up operations at the iMEZ.

Negotiations are also underway for establishments that will occupy the spaces at the ground floor of the building. (PR)