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Bacolod City, Philippines Wednesday, June 19, 2013
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applicants bared


Applicants who have signified their intention to lease space at the Negros First CyberCentre that is under construction at Henares and Lacson streets in Bacolod City have exceeded the number of commercial spaces available on its first floor, while five others have shown interest in spaces on the second and third floors.

Provincial Administrator Enrique Pinongan also said that the target is to complete the cyber center by the end of the year because the IT and BPO locators want to occupy it by November or December.

A provincial government committee is preparing a draft on the guidelines for the lease of spaces at the cyber center and the rates, which will need the approval of the Sangguniang Panlalawigan, he said.

If the commercial spaces on the first floor are leased at P300 per square meter, the provincial government would earn P935,100 a month or P11,221,200 a year, he said. The projected income from the IT-BPO firm’s lease of the second and third floors of the cyber center at P250 per square meter would be P2,183,000 monthly, or P26,196,000 yearly, Pinongan added.

The loan of the provincial government from the Development Bank of the Philippines for the cyber center is P449,873,520, of which P206,243,059 has already been released, Pinongan said.

An additional P180 million loan for phase two of the project that will cover the purchase of four elevators, electrical connections and the parking lot of the cyber center will also be needed, he added.

There are 47 applicants for 109 commercial spaces at the first floor of the cyber center that has only 104 available units, Pinongan said.

The applicants for commercial spaces include banks, convenience stores, supermarkets, coffee shops, a travel agency, furniture and appliance showroom, boutique, a health bridge school for massage therapists, beauty salon, pharmacy, medical and dental clinics, law office, internet café, organic food and “pasalubong” stores, a list furnished by Pinongan shows.

Meanwhile, those interested in the second and third floors of the cyber center are Capstone Solutions Inc., Jones Lang La Salle Inc., C.B. Richard Ellis Inc., Colliers International and Accenture, he added.

The existing loans of the provincial government of Negros Occidental as of April 30 totalled P823,751,594, Pinongan also said.*CPG

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