Even before the Spanish colonization, Cebu already played a vital role in trade and commerce in Asia because the island has been gifted with a natural harbor. Its channel is deep enough to accommodate the flow of goods through international cargo sea vessels, and the Mactan island serves as protection from winds and current.
Cebu’s weather promises to be good for business because typhoon activities are minor and rainfall is evenly distributed throughout the year. Moreover, the island is not located within any earthquake belt, there is no known active volcano, and its international airport has been large enough to connect the island to several continents.
The public administrators of the province have been known to be development-oriented, steering Cebu to greater heights by putting in place infrastructure facilities needed for economic growth.
Cebu has at least nine economic zones that offer to cut bureaucratic red tape by providing a much easier system for investors, plus incentives.
It is number one because of good fiscal management: It ranks highest among the country’s provinces in terms of assets and cash in bank.
Most importantly, Cebu ranks number one because of the current unity that has never been seen before in any province: unity among elected officials, unity among business groups, unity among its people, and unity between the private and public sectors.
There are many universities and other educational institutions that serve as magnet to students from other provinces, a major factor of a highly skilled and efficient workforce in Cebu.
Overall, Cebu continues to excel and investors are drawn to Cebu because of the culture of professionalism and craftsmanship among its people, the vast highly skilled manpower resources resilient amid trying times, its fair weather, relative peace and business-friendly atmosphere.
Source : www.cebu.gov.ph
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