Asiatown IT Park is a 24-hectare mixed use business park

Business park

A business park or office park is an area of land in which many office buildings are grouped together. All of the work that goes on is commercial, not industrial or residential....

 in Cebu City

Cebu City

The City of Cebu is the capital city of Cebu and is the second largest city in the Philippines, the second most significant metropolitan centre in the Philippines and known as the oldest settlement established by the Spaniards in the country.The city is located on the eastern shore of Cebu and was...

, Philippines

Philippines

The Philippines , officially known as the Republic of the Philippines , is a country in Southeast Asia in the western Pacific Ocean. To its north across the Luzon Strait lies Taiwan. West across the South China Sea sits Vietnam...

, envisioned to attract locators in the information technology

Information technology

Information technology is the acquisition, processing, storage and dissemination of vocal, pictorial, textual and numerical information by a microelectronics-based combination of computing and telecommunications...

 services. It is developed by Cebu Property Ventures and Development Corporation, a subsidiary of Cebu Holdings.

History

It was approved by the Philippine Economic Zone Authority Board as an economic zone on April 6, 2000. On February 27, 2001, Presidential Proclamation No. 12 made it an Information Technology Special Economic Zone

Special Economic Zone

A Special Economic Zone is a geographical region that has economic and other laws that are more free-market-oriented than a country's typical or national laws...

.

Construction on eOffice One, the first office modules in Asiatown IT Park, began in 2001 and opened in 2002.

External links

• Asiatown IT Park
• Asiatown IT Park satellite image on Google Maps
  Google Maps
  Google Maps is a web mapping service application and technology provided by Google, free , that powers many map-based services, including the Google Maps website, Google Ride Finder, Google Transit, and maps embedded on third-party websites via the Google Maps API...