Friday, September 18, 2009 | Outsourcing News |
Due to the low cost of doing business and availability of talent, Iloilo City is being investigated as a new investment hub for BPO (business process outsourcing) and IT, according to BPAP (Business Process Association of the Philippines) top officer Oscare R. Sañez.
“Iloilo City has much untapped potential, a large graduate pool, and low industry presence. [It] should have more IT-BPO jobs considering the size of its graduate pool,” he sad.
Iloilo was revealed as third among BPAP's list of Top 10 Next Wave Cities (with Metro Laguna and Metro Cavite occupying first and second) in their presentation at Iloilo-Guimaras Investment Forum.
The presentation stressed the need to capitalize on the graduates in the Visayas region which account for 21% of the nation's graduates but only 10% of the IT-BPO jobs (in contrast to the National Capital Region – 25% of graduates holding 80% of IT-BPO jobs). Iloilo currently only has 4,000 workers involved in IT-BPO; a number that Sañez believes will easily grow to 20,000.
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