Sep
10
In a previous Outsourcing Opinions post, “Outsourcing Philippines: Next Wave Cities“, we tackled on rising business process outsourcing destinations in the Philippines other than mega Manila and cool Cebu City. Among them is Iloilo City, Philippines.
Let’s learn more on how Iloilo City can be a promising investment hub in the Philippines.
Located in Region 6, Western Visayas, Iloilo City is the economic hub of the region as well as a major agricultural center of the country. It is declared by MoneySense magazine to be the best place to live in the Philippines.
According to Oscar Sanchez, CEO of the Business Process Association of the Philippines (BPAP), Iloilo has ideal conditions, like low cost of business operations and the availability of talents, to make it a prime destination for outsourcing back-office processes.
“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”
— Oscar Sanchez, CEO BPAP, Iloilo-Guimaras Investment Forum
According to the Iloilo Economic Development Foundation Inc. (ILEDF), the city and its region has the following attractive features, worthy of consideration for enterprising companies worldwide:
- business-friendly environments,
- development-oriented local governments,
- active and concerned private sector,
- competitive investment incentives and tax breaks,
- favorable peace and order situation,
- airport and shipping facilities compliant with international standards,
- quality power and flood control in place by 2010,
- a highly educated and young population,
- location/high level of accessibility,
- extensive and comprehensive capabilities in telecommunications,
- and a large OFW dollar-remitting sector.
As of September 2009, Iloilo serves as the business place to the following companies:
- Teletech,
- ePLDT Ventus,
- Callbox Customer Contact Center,
- Mega Communications Inc.,
- Techno Call Corp.,
- Interactive Voice Call center,
- Medlink Trans Services,
- Eversun Software Philippines Corp.
- and Savant Technologies.
And there’s plenty of room for more in Iloilo, Philippines.
References:
- “City of Iloilo.” Wikipedia: The Free Encyclopedia. Accessed 10 September 2009. Link Here
- Remo, Amy. “Iloilo, Guimaras eyed as next BPO hubs.” 5 September 2009. The Philippine Daily Inquirer. Accessed 9 September 2009. Link Here
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