Sunday, October 30, 2022

Damosa Land Breaks Ground on Cagayan de Oro’s First IWG Center, Elevating Northern Mindanao’s Investment Landscape

 



Cagayan de Oro City, Misamis Oriental, Philippines — Damosa Land Inc. (DLI) has officially broken ground on the first International Workplace Group (IWG) center in Cagayan de Oro City, marking a major milestone for the region’s growing business ecosystem. The groundbreaking ceremony, held on March 17, signals a new era of flexible and world-class workspaces in Northern Mindanao.

The project’s construction has been awarded to RCW Construction Development Corp., a trusted partner tasked with delivering an innovative and modern workplace designed to meet the evolving needs of today’s professionals and enterprises. Once completed, the IWG center will house globally recognized workspace brands—Regus, HQ, and Spaces—bringing international standards of flexibility, productivity, and collaboration to the CDO market.

Damosa Land holds the franchise to develop and operate IWG centers across Mindanao. This Cagayan de Oro facility will be the first of its kind in the city and the third IWG center in the whole of Mindanao, underscoring the region’s accelerating demand for premium business infrastructure.




Cagayan de Oro’s selection as the next IWG location highlights its growing reputation as the investment haven of Northern Mindanao and a strategic gateway to the rest of Mindanao. With its strong logistics backbone, highly skilled workforce, competitive cost environment, and business-friendly local government, CDO continues to attract local and international investors across industries such as IT-BPM, real estate, manufacturing, and professional services.

The establishment of this IWG center reinforces Cagayan de Oro’s role as a rising regional hub for commerce and innovation—supporting startups, multinational firms, and hybrid work models while strengthening Mindanao’s position in the national and global investment map.

As Damosa Land expands its footprint in Mindanao, this development reflects a shared vision of inclusive growth, future-ready workplaces, and sustained economic momentum for the region.

📸 Damosa Land

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