DAVAO CITY — Knowledge Process Outsourcing (KPO) companies have signed up to set up shop at Damosa Land Inc.’s (DLI) Damosa Diamond Tower, located within the company’s IT Park accredited by the Philippine Economic Zone Authority.

“Our new BPO (business process outsourcing) building… is not restricted only to BPOs. We already have commitments from offices to locate there. The moment the building is completed, some of the initial locators are KPOs and not just call centers,” DLI Vice President Ricardo F. Lagdameo told BusinessWorld.

Construction of the 15-storey Diamond Tower is targeted for completion by first quarter next year.

It will be the third high-rise within the Damosa IT Park.

“At Damosa IT Park in our two buildings, the split between BPO and non-BPO is about 50/50. So we want to attract still the non-BPOs such as corporate offices and multinationals to locate,” Mr. Lagdameo said.

He said demand for office space in Davao City is expected to continue to be “robust.”

“There is really a demand for new office buildings in the city. It is still very robust and a lot of the existing BPOs, for instance, are looking at an outstanding operations, and a lot of companies are really looking into Davao for opportunities and these people need office spaces,” he said. — Maya M. Padillo