Aseana City – one of the few business districts ready to receive players in the manpower recruitment industry.
MANILA, Philippines - It's not just business process outsourcing companies that are driving demand for office space.
Manpower recruitment firms are showing interest in setting up offices, particularly in emerging business districts such as Aseana City in Parañaque City.
Delfin Wenceslao, managing director of Aseana City, said in addition to banks and finance companies, manpower recruitment firms are now looking at expanding in the new business district.
Like many business districts, Aseana City, bounded by Roxas Boulevard and Manila Bay, has already attracted many BPO companies.
However, with property values rising by between 9-14 percent in central business districts, many companies looking elsewhere.
"Both BPOs and other occupiers are flocking to new subcenters like Aseana where capital values have yet to peak... We are encouraged to see non-BPO firms also seeking office space in our buildings. It means there’s growth all around," Wenceslao said.
V.Ships, a leading global maritime service provider with headquarters in London, is preparing to move to a 7,400 square meter space over five floors of Aseana Two building. The company's current office is located in Malate.
V.Ships group representative in the Philippines Jamie Stewart said the company's second largest office in the world is in Manila, due to the strong demand for Filipino seafarers.
To prepare Filipino seafarers, V.Ships is setting up a training floor at Aseana Two with simulators such as a bridge and engine room, as well as a culinary school. V.Ships set up these facilities to support Filipino recruitment firms.
"It’s an exciting time for the Filipino seafarer... We’re investing in the Philippines to ensure a sustainable skilled work force," Stewart said.
Aseana City, which is ideally located near Makati and Manila, is one of the few business areas that has modern power and communication lines to meet the demand of companies like V.Ships.
The company, which is part of the V.Group providing end-to-end solutions for shipowners, is also setting up shared services for the group’s offices in many cities worldwide in Aseana Two.