The Manila Net Cube Global City business centre is part of a premier urban development in Bonifacio, Taguig City, in the Metro Manila region. This important business centre and cyber park is also known as 'The Fort' as it is built on the site of a former military base. Also included in the masterplan are a conference centre, a large shopping centre, a hospital and a range of residential and leisure developments. Fort Bonifacio is quickly becoming one of Metro Manila's leading central business districts and is a key investment destination for foreign-based and multinational companies setting up business operations in the Philippines. Many corporations have acquired properties and some have committed to relocate their regional or national headquarters here, including leading names in international banking, IT and electronics. As well as being favoured by financial and hi-tech organisations, the Metro Manila area is a popular base for call centres and business process outsourcing.