There is a draw to starting a business in the Philippines because there are many advantageous factors to do so. One of ASEAN’s member countries with the fastest-growing economy in the Philippines (ASEAN).
It is not surprising that the Philippines is frequently praised as one of the best places for investors to launch their businesses.
Location is crucial when creating a business plan because it will increase sales and more effectively achieve your goal.
Here are the best Philippine cities for starting a new business.
City of Quezon
Quezon City, also known as the “City of Stars,” is comparable to Makati CBD in terms of providing a prime site for businessmen looking to conduct retail and wholesale operations. From Kamuning, Quezon Avenue to North Edsa Station, as well as at the main exchange of MRT 7, LRT1, and LRT2, this city has one of the most vibrant metropolitan districts, where businesses, educational institutions, and residential enterprises flourish.
There are many different conveniences and opportunities in the neighborhood.
Most significantly, the local government sets regulations to create a favorable business climate for investors and businesses. One of these is the one-stop shop set up by the local government, where entrepreneurs can complete their business registrations online without waiting in large queues or dealing with difficult procedures.
City of Pasay
The international airport of Manila is located in Pasay City, sometimes known as the “Gateway to the Philippines.” This highly urbanized city extended its retail district and is home to upscale establishments like hotels and retail shopping chains.
This city is renowned for being the center of entertainment, where visitors can find and enjoy concerts, exhibits, and games.
Pasay City also has the best local government unit assistance, where policies are being put in place to decrease the difficulty and stress of registering businesses, providing tax benefits, and prioritizing the implementation of security measures in the area.
Ortigas Center
This economic sector lies in the middle of Metro Manila and is situated within the major cities of Makati and Quezon City. Access to the city is simple via several roads, including EDSA and C5 Road.
Some of the best national and international brands, like San Miguel Corporation, Jollibee Foods Corporation, and Meralco, have their headquarters in this city.
Business Process Outsourcing (BPO) and Information Technology (IT) enterprises are flourishing there.
City of Makati
Makati City is renowned as the business hub of the Philippines and is known as the “Wall Street of the Philippines” due to the presence of several corporate buildings and offices.
The major financial hub is Makati Central Business District (CBD), which is home to a large number of prestigious multinational corporations. Shopping centers, neighborhood markets, luxury condominiums, gated communities, wide green spaces, and architectural characteristics complete it.
A prestigious address will inspire global credibility without a doubt.
Filinvest Corporate City
In Filinvest Corporate City, a leisurely business-oriented development with residential, business, educational, medical, and recreational functions, you may find a blend of modern living and nature.
Businesses that outsource their business processes to major telecommunications providers are well suited to the PEZA Zone at Northgate Cyberzone.
Additionally, key routes including SLEX, Skyway, Alabang-Zapote Road, Old National Highway, and Daang-Hari are reachable by both public and private transportation.
Please Read: Expressways in the Philippines
Global Bonifacio City
Taguig’s BGC, a business center populated by retail stores, corporate offices, and upscale neighborhoods, is still developing. It also has upscale malls, hotels, nightclubs, pubs, educational institutions, amusement centers, and a top hospital.
BGC is home to numerous international telecommunications corporations, BPO (Business Process Outsourcing), media outlets, IT organizations, and commercial enterprises. The embassies of Qatar, Singapore, Great Britain, and the Republic of Kazakhstan are also located here.
One of the Philippines’ fastest-growing central business districts, known as the “New Capital for Business,” has spread to surrounding Taguig neighborhoods like Bonifacio Global City and West McKinley, among others, making it a top choice for entrepreneurs looking to launch similar enterprises.
City of Cebu
Known as the “Queen City of the South,” Cebu City is a popular tourist destination for both domestic and international visitors. It is also renowned as the favored site for setting up enterprises, commercial, and residential communities, shopping, leisure, and sports in the southern region of the Philippines.
It is the largest PEZA-accredited IT park in the entire Philippines, and as such, it serves as the base of operations for numerous regional BPO offices.
Along with accessible roadways and thoroughfares, Cebu City also provides trading opportunities and affordable operational costs.
City of Davao
Davao City, known as the “Singapore of the Philippines,” is praised as one of the safest and most orderly cities in the country, with low crime rates and efficient public services that prioritize the safety of its residents.
Given its abundance of natural resources and thriving industries in agriculture, mining, tourism, fisheries, and palm oil, the city is a top choice for entrepreneurs looking to enter these sectors of the economy. The trading and transportation systems in this metropolis are likewise well-known for their accessibility and convenience.
There are also top-notch businesses and services, like, to mention a couple, the Central Bank of the Philippines and the Davao International Airport. It can house hotels, residential towers, and business centers.
City of Pampanga
Pampanga is home to Clark International Airport, which is situated in the Clark Freeport Zone and is transforming into the “Green City of the Philippines.” One of the largest land areas in the nation belongs to the city.
Pampanga’s accessibility to Metro Manila via the North Luzon Expressway, Subic-Clark-Tarlac Expressway, MacArthur Highway, and Jose Abad Santos Avenue, which passes through the province’s nineteen towns and three cities, is one of the province’s main infrastructures.
Wholesale and retail trade, auto repair, manufacturing, lodging, food service, and other service-related businesses are all present in this city. The city has potential for both the growth of real estate and leisure activities.
City of Batangas
A fast-growing urban city in the Philippines, Batangas City is known as the “Industrial Port City of CALABARZON” and has a variety of establishments, including hotels, resorts, restaurants, and places for sports and leisure.
A strong focus on infrastructure helps the city make use of its advantageous location given its proximity to Metro Manila and other neighboring significant regional and provincial cities. It provides quick access to the capital city and the rest of CALABARZON by joining the South Luzon Expressway (SLEX) and the Southern Tagalog Arterial Road (STAR).
Through its pro-business governance, it also draws both domestic and international investments. By the Asian Institute of Management (AIM) Policy Center, the United States Agency for International Development (USAID), and the German Technical Cooperation Agency (GTZ), Batangas City was named the city with the best reputation for being straightforward and supportive of micro, small, and medium-sized businesses in 2010.
Rich agricultural resources are available in Batangas, giving the locals access to a variety of crops such as yellow maize, eggplants, and cassava.
Additionally, the city is endowed with a variety of maritime resources and a growing ecotourism industry. There is no denying that Batangas City has great tourism potential.
Conclusion
The proper site can be difficult to choose because there are so many things to take into account. You can improve your chances of finding a location that can accommodate your company’s needs and operations by completing careful research and referring to our guide.
If you think these processes are too time-consuming, it’s a good idea to contact business consulting companies who can help you with your demands and locate the ideal site for your company.
