Cebu to the World/Investment

06 — Investment

Investment

The perfect trading place kept trading. A port that fitted the ship that found the way back across the Pacific is now a gateway, a workforce and a meeting room for the region. Here is the case, with its sources.

Verified by the Cebu City Tourism Commission · every fact names its source below

The brand book puts the positioning in one line: the business hub in the Pacific. Not the biggest; the one that has been in the trade the longest. This page sets out what stands behind that line today, and it names a source for every figure it uses. Where the figure is the Commission's or the City's to supply, it says so.

The enterprising spirit

Sugbo was an Asian trading port before it was anything else. When the Spanish colonial government left Cebu in the economic backwaters for many years, the locals reclaimed prominence through the abaca trade, as the centre of supply gathered from the surrounding islands, and the city became the base of the country's shipping industry. That is Commissioner Tetta Baad's own summary, and the record supports it: the port opened to world trade in 1860, the hemp boom made Cebu the gathering point for the islands' produce, and the city remains, in her words, the shipping capital of the country.

The habit survived the trade that passed the city by. The return route across the Pacific was found from this harbour in 1565. The trade that followed ran between Manila and Acapulco from 1571 until 1815, and Cebu had no share in it. What Cebu kept was the habit of building for the crossing.

The working port at dawn, cargo and passenger vessels at the piers, cranes and forklifts moving.
Historical photograph of the abaca wharves, if the Commission holds one, with source; otherwise abaca fibre drying in the sun today.

The gateway

By air

Mactan-Cebu International Airport was named Best Airport in Asia-Pacific in its class (five to fifteen million passengers a year) by Airports Council International's service-quality programme in both 2024 and 2025, back to back.

By sea

The Port of Cebu is the country's largest domestic port; the shipbuilding yards of the island's west coast are widely credited as the shipbuilding capital of the Philippines. The city's piers connect to every island in the Visayas.

By road

The Cebu–Cordova Link Expressway, an 8.9-kilometre link with a cable-stayed main span, opened in 2022, joins the city's South Road Properties to Mactan and the airport. Those are its operator's figures. It was built with a private partner.

The timber arches of the airport's Terminal 2, travellers passing under them, morning light.
Photo: The channel, the port and the bridge from the air

The workforce

Cebu carries about fifteen per cent of the Philippines' information-technology and business-process workforce. Cebu IT Park, built on the runway of the old airport, took up 96,000 square metres of new office space in the first nine months of 2025; its vacancy fell from 28 per cent in 2022 to 14 per cent, and it holds three-quarters of Metro Cebu's flexible-office seats.

Behind the offices is a young, English-speaking city. The Philippines ranks second in Asia for English proficiency; the national median age is about twenty-five, and Cebu City's university district turns out graduates every year for the region's engineering, health, design and maritime trades. The Visayas has long sent its seafarers to every ocean, and the habit of being good enough to send is the city's oldest export.

An IT Park street at shift change, people in motion, badges and coffee, dusk.
A maritime academy class on deck, or a seafarer at the pier; documentary.

The meeting room

Cebu has been chosen to host MICECON 2027, the country's national conference for the meetings, incentives, conventions and exhibitions industry, a return to the city after thirteen years. The region it anchors welcomed 6.9 million visitors in 2025, 2.55 million of them from abroad, and Central Visayas is the region of the country most visited by foreign travellers. Cebu Province logged 5.08 million overnight visitors in 2024, the most of any province in the region. Those are provincial and regional figures; the city's own are the Commission's to publish.

A plenary hall mid-session, delegates in the frame, the stage lit.
A rooftop event at dusk with the city behind, guests at the rail, the bridge lit.

How to begin

The City's investment office, its business permits process and its incentives are the City Government's to describe, and this page will link to them rather than restate them.

The story this site tells ends where it began: at the harbour, with the sea. If you have read this far, you already know the city better than most who land here. The next question is yours.

The story closes on itself

Home, where the story starts
The business hub in the Pacific.
Not the biggest; the one that has been in the trade the longest

Still to confirm

Sources

  1. Tetta Baad, Cebu City Tourism Commission, written comments of 11 and 16 September 2026 (the backwaters-to-abaca-to-shipping thread; the shipping capital). Published as her account.
  2. Port of Cebu: opened to world trade in 1860; the country's largest domestic port (2016 figures, to be refreshed).
  3. Mactan-Cebu International Airport Authority, 26 February 2026: ACI ASQ Best Airport, Asia-Pacific, 5–15 million passenger class, 2024 and 2025.
  4. Cebu Cordova Link Expressway Corporation: 8.9 km, opened April 2022.
  5. Cebu–Cordova Link Expressway, Wikipedia (read 2026-09-28): cable-stayed main span 390 m of the 8.9 km.
  6. Outsource Accelerator, citing industry data (2025-06-05, updated 2026-08-28): Cebu about 15% of the Philippine IT-BPM workforce; Colliers via Outsource Accelerator (Jan/Sep 2026): IT Park take-up, vacancy and flexible-office share.
  7. EF English Proficiency Index 2025: the Philippines second in Asia, 28th worldwide. Philippine Statistics Authority, 2020 Census (national median age 25.3).
  8. Tourism Promotions Board, reported by Cebu Daily News and SunStar (September 2026): Cebu wins the bid to host MICECON 2027.
  9. DOT-7 via DepDev, reported by Cebu Daily News (2026-04-14): Central Visayas 6.9M arrivals in 2025, 2.55M foreign; Philippine Information Agency: Central Visayas the region most visited by foreign travellers; Cebu Daily News (2025-03-04): Cebu Province 5,077,727 overnight arrivals in 2024.
  10. Tsuneishi Cebu Shipyard and Austal Philippines (Balamban): the west-coast shipbuilding cluster.
  11. Brand book v1.5 (positioning line: "The business hub in the Pacific").