The Cebu IT Park (formerly known as Asiatown IT Park) is a 24-hectare mixed use business park in Cebu City, Philippines, envisioned to attract locators in the information technology services. It is developed by Cebu Property Ventures and Development Corporation, a subsidiary of Cebu Holdings, Inc.
It was approved by the Philippine Economic Zone Authority (PEZA) 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.
Construction on eOffice One, the first office modules in Cebu IT Park, began in 2001 and opened in 2002.
Now, I.T. Park is the center business when it comes to business processing outsource here in Cebu. It give’s greater impact in Cebu’s economy and also a wide array of job opportunity with the fellow cebuano.
source : https://en.wikipedia.org/wiki/Cebu_IT_Park