BPO INFO SHEET

Current business environment in the context of the pandemic?

Cagayan de Oro balances the health of the community with the health of the economy, eschewing total lockdown in favor of localized area containment even before the strategy was adopted on a domestic scale (https://tinyurl.com/CDOBRRPIntro).

The city has fully vaccinated 83.13% of its target population (518,518 or 70% of its total population) as of January 2022.

Where does Cagayan de Oro’s labor pool come from?

Cagayan de Oro has at least 16 tertiary institutions with four (4) universities.

The city also pulls from higher education institutions in Region X.

Cost of doing business

  • Minimum wage: Php 365.00 (Non-agriculture)
  • Cost of electricity: Php 10.72/kWh (Commercial)

Business Registration and Permit process

Cagayan de Oro is one of the first local governments to take business permit applications and renewals, as well as payment of taxes and fees ONLINE.

 

 

 

 

How are the IT/Telco infrastructure and office buildings there?

Rentable spaces suited for ICT ventures include, but are not limited to:

  • BPO One Providence
  • Centrio Corporate Center
  • Georgetown Cybermall
  • Limketkai IT Center
  • Limketkai Mall Module-2 BPO & Cyberpark Building
  • Ororama Megacenter Information Technology Center
  • Pueblo de Oro IT Park
  • Robinsons Cagayan de Oro
  • SM CDO Downtown Tower
  • SMCO IT Center

Emergency Response capacity and resilience

Cagayan de Oro’s City Disaster Risk Reduction and Management Department (CDRRMD) is experienced in disaster and emergency response, annually recognized in the regional Gawad Kalasag awards conferred by the Office of Civil Defense (OCD).

Its Oro Rescue 911, has been consistently cited for quick emergency response.

The City is also one of the National Resilience Council (NRC) partner cities featured in the 2020 Colloquium as having sufficiently accomplished its resilience scorecard to proceed to the second phase of NRC’s Prepare-Adapt-Transform program.

Graduates for ICT-related courses in the city?

  • Average total number of graduates for ICT related courses: 535 (as of 2019)
  • Other related courses: 9,018 (as of 2019)
  • Total number of enrollees for higher education in the City: 75,021
    (1st Semester, A.Y. 2019-2020)

Is there ex-pat housing? What are the conditions for working ex-pats?

No housing specific to serving ex-patriates; No office within the local government directly handling the registration of expatriates.

Recent real estate projects in the city?

Of note but not limited to: