Choosing where to locate is an important decision to make for any business. This requires due diligence and careful consideration. You have to make sure that all the elements you need to run a successful business are located in the area that you’re looking at.
Aside from having the needed workforce as well as essential services and establishments, the stable expansion of businesses and industries in the area are also major considerations that investors and entrepreneurs look at. Fortunately, all of these elements are present in Dasmariñas City in Cavite.
A testament to the potential for growth of businesses and industries in Dasmariñas is its ranking 6th among 141 component cities in the 2023 Cities and Municipalities Competitive Index (CMCI), climbing two spots from its 8th rank in the previous year.
The city registered its highest score in the economic dynamism indicator, where it ranked 3rd with a score of 8.2765. This was driven by the city ranking 1st in the active establishments in the locality and safety compliant business sub-indicators.
In addition, Dasmariñas also ranked 3rd in the employment generation and financial deepening sub-indicators.
Infrastructure
Dasmariñas also ranked 6th in the CMCI’s infrastructure indicator, driven by its 2nd rank in the LGU investment sub-indicator.
The city also ranked 4th in the road network sub-indicator. This is proof of the easy access it offers to major thoroughfares such as the South Luzon Expressway and Cavite-Laguna Expressway as well as the Emilio Aguinaldo Highway.
Additionally, the city’s relatively close proximity to Metro Manila is another draw to its strategic location.
University Capital of Cavite
Dasmariñas City is known as the University Capital of Cavite due to the number of tertiary educational institutions it houses.
Among the prestigious universities in the city are De La Salle University – Dasmariñas, National University Dasmarinas, Emilio Aguinaldo College- Cavite, Technological University of the Philippines – Cavite and Philippine Christian University – Cavite to name a few.
With the wide educational offerings in the city, it’s no wonder Dasmariñas ranked 3rd in the education sub-indicator. The presence of many universities means businesses looking to locate in the city will have an educated talent pool to tap from the graduates of nearby schools.
Also, the availability of education institutions also bodes well for residents of Dasmariñas as they would not need to go out of the city to receive quality education. This may also be another factor that may attract more people to live in Dasmariñas City.
Availability of residential spaces
Cavite is one of the most populous provinces in the country with a population of 4.3 million Filipinos as of 2020. Dasmariñas remained to have the highest population in the province, accounting for 16.18 percent of its total population.
As one of the most populous provinces in the country, the demand for residential spaces in the province has been growing in recent years. In its latest Residential Property Report, Colliers Philippines said it has observed steady demand for house-and lot (H&L) and lot-only projects in key areas outside of Metro Manila including Cavite, Pampanga, Bulacan, Laguna, and Batangas.
“From 2022 to 2023, we recorded the annual average take-up for horizontal projects in these areas reaching 29,000 units, up from the 28,700 average units sold from 2020 to 2021. Colliers believes that developers will continue to venture into horizontal residential projects outside of Metro Manila where demand comes from end-users,” Colliers said.
Developers have also taken notice of the Dasmariñas market as seen in the rise of residential projects in the city.
Some residential projects by reputable developers in the area include Avida Land’s Avida Residences Dasmariñas Camella’s Camella Praverde and SMDC’s Green Residences 2, among others.
Shopping Centers
It’s no secret that Filipinos love malls. Whether to shop for your necessities, bond with your family or just to unwind, Dasmariñas City has got you covered with its numerous malls in the city. Some of the popular shopping centers in the area include SM City Dasmariñas, The District Dasmariñas by Ayala Malls, Vista Malls Dasmariñas and Robinsons Dasmariñas.
With the presence of major Philippine malls already in Dasmariñas, residents will not need to travel far to shop for their needs as all the necessary establishments are within their reach.
Nearby tourist spots
Living in the hustle and bustle of an urbanized city can sometimes get boring. This makes us want to travel outside of the city and reconnect with what nature has to offer. Luckily, those living in Dasmariñas will only need to travel a short distance to access beaches that the province of Cavite has to offer.
One popular beach in Cavite is the Katungkulan Beach Resort which is dubbed as the “Boracay de Cavite” in Ternate, Cavite. You can also try visiting the Patungan Beach Cove in Maragondon, Cavite.
As Dasmariñas brings everything within your reach, coupled with its potential for further economic growth, locating in this city has become even more attractive for both businesses and residents.
Sources: cmci.dti.gov.ph, cavite.gov.ph, colliers.com
