Olongapo Telecom & Information Technology

Sunday, February 17, 2008

DTI names four more ‘next-wave’ cities

Balanga, Cainta, Legazpi and Urdaneta are the latest to be added into the government’s list of cities groomed as investment destinations for business process outsourcing (BPO).

Representatives from each of these four cities presented the respective local initiatives at the ongoing eServices conference.

Since 2005, the Department of Trade and Industry (DTI) has included about 45 so-called "next wave" cities list.

The Commission on ICT (CICT), meanwhile, has certified 20 of these cities as ICT hubs, based on criteria such as worker supply, telecom infrastructure and other factors necessary to sustain a local BPO industry.

The goal of this campaign is to expand the BPO industry nationwide in anticipation of further investments from the global market.

"We are not concerned about demand. It’s the competitiveness we want to maintain," said CICT chairman Ray Anthony Roxas-Chua, in a briefing.

The BPA/P (Business Process Association of the Philippines), which is working with DTI and CICT, is targeting to grow industry revenues from $5 billion (as of 2007) to at least $12 billion by 2010.

Cebu and Davao were among the first to be recognized by the DTI as investment destinations outside of Metro Manila. Since then, Cebu has attracted more 30 investors (including Accenture, IBM and India's Wipro) while Davao currently has seven locators (including call centers PeopleSupport and Link2Support), according to DTI's report.

Overall, there are at least 90 companies that either invested or expanded their operations in these cities, according to DTI. By Lawrence Casiraya - INQUIRER.net

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