Cebu ranks 8th for investors

By Linette C. Ramos

CEBU CITY — Foreign investment experts have again noticed Cebu City’s potential for business and ranked it as eighth of the Top 10 Asian Cities of the Future, in a list by the Finance Direct Investment (fDi) magazine of the Financial Times Group.

Only two other Philippine cities, Quezon City and Davao City, made it to the top 10, ranking seventh and 10th place, respectively.

Cebu City also ranked fourth in the list of 10 most cost-effective cities, seventh in the best quality of life category and second in development and promotion, next only to Singapore.

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