THE IT and Business Process Association of the Philippines (IBPAP) has identified 10 prospective locations which can serve as alternative sites for outsourcing companies looking to further expand or set up their operations in the country.
These cities, which will be part of a new list of Top 10 Next Wave Cities, are expected to benefit from an estimated revenue generation of as much as $25,000 a year per full time employee (FTE), IBPAP chair Danilo Sebastian L. Reyes said on the sidelines of the US-Asia-Pacific Economic Cooperation Business Coalition forum Tuesday.
The IBPAP expects these cities to be able to generate at least 1,000 jobs in the first few years, thus translating to an estimated revenue contribution of about $15 million to $25 million yearly.
“We’re looking to have at least 10 cities on top the 15 we’ve already identified. This is a new list. [The prospective cities] are scattered all over the country, and will include cities in Mindanao, which has pockets of prospective sites like in Cagayan de Oro and Zamboanga,” Reyes said. “In Luzon, we are also looking at cities in the North, Bataan, Batangas, Quezon and Bicol.” Amy R. Remo