TO ADDRESS the rapidly changing needs of locators across different industries, property developers pivot and adapt, foremost by implementing heightened safety protocols and ensuring enhanced health and sanitation measures in the new normal.
Cebu-based property developer Oakridge Realty and Development Corp., with its flagship development, Oakridge Business Park, is dedicated to ensuring key operational support and safety measures are in place so that locators can focus on their competencies as they develop, rebuild and grow their businesses.
Strategically located and offering multiple Grade A Quality, Philippine Economic Zone Authority (Peza)-registered IT buildings, Oakridge Business Park continues to offer competitive leasable spaces ideal for information technology-business process management firms, medical knowledge process outsourcing firms, among many others, with flexible options for semi-fitted or bare shell units of varying cuts available from full floor office spaces at 1,600 to 2,000 square meters and smaller units at 150 to 400 square meters.
Locators in Peza-registered IT Centers enjoy both fiscal and non-fiscal incentives including, but not limited to income tax holiday for a prescribed period, VAT zero-rating of local purchases of goods and services subject to the Bureau of Internal Revenues and Peza compliance, duty free importation of capital equipment and exemption from expanded withholding tax, among others.