To further enhance the Philippine BPO sector, Pres. Benigno Aguino III said his administration will reduce power costs, upgrade technologies, and increase power availability. This was said during the inauguration of the new 139,000 sq. ft.- center of Convergys located at San Lazaro area in Santa Cruz, Manila and can accommodate 2,400 workers.
“Our administration has also committed to shortening the amount of time and paperwork necessary to start a business, sparing our investors from agonizing lines and costly red tape in securing government permits,” said Pres. Aquino.
The BPO sector employs more than 500,000 Filipinos, and it has become a major growth driver of the economy. For the first six months, the sector had already reached half of the $9.4 billion revenue goal projected for 2010.