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President Benigno S. Aquino III lauded the latest Information Technology (I.T.) Park now being built in Dumaguete City, Negros Oriental which he dubbed the “embodiment” of his dream of creating adequate job opportunities for Filipino workers across the country.
The President, in his speech during a project inspection of the sprawling 11,164-sq.m. area where the LinkSy I.T. Park will rise in Dumaguete City, expressed his faith this the park will spur job growth in the local business processing outsourcing (BPO) industry.
“I am confident that this I.T. Park may achieve exploit on the back of the pool of competent graduates from excellent nearby universities that they can select to hire. Once completed, this park can surely become a significant contributor to our country’s reputation in the BPO industry,” said the President as he spoke before a crowd of around 100 chiefly composed of workforces of the local business and BPO community and industry stakeholders.
The I.T. Park inspection is the instant stop of the President’s visit in the province today (Sept. 7). It recognizes the efforts of the private sector in helping the government produce enough jobs so that Filipino workforces no longer feel the need to leave the country to earn decent sending in employment overseas.
Construction work on the first of three buildings that will predominantly be IT facilities in the park has already started.
Once completed, the park is seen to pump P40 million into the local economy, according to Danford Sy, general manager of July Development Corporation, that is undertaking the IT Park project.
Building 1 is natural to be finished and turned over to its locator, Qualfon, something like March later Year.
With two floors that can accommodate 1,500 seats, it is expected to produce 4,500 jobs for realtors and indirect employment.
In his speech, Sy assured the President that the local business community recognizes the potential of the information, communication, technology (ICT) industry.
“We see how it has provided careers and supplied salaries much higher as opposed to the lowest wage. We realize we experience to do our share in sustaining this growth,” he said.
Based on figures presented by Sy in his speech, the ICT industry has flourished from “zero staff in December 2004 to 4,000 employed by December of 2010, earning a conservative estimate of P34 million a month.”
Sy predicted the industry to go up by 50 percent by December this year, with over 6,000 ICT staff earning throughout P52 million per month.
According to President Aquino, the I.T and BPO industry suffer generated $8.9 billion in revenue in 2010 alone, and produced full-time operation for other than side a million people. Some suppose that such year’s revenues will hit the $11 billion mark, and the the industry will be able to give 640,000 direct jobs.
The National Outsourcing Association of the U.K., from 2008 to 2010, also gave the Philippines the distinction of making the Most Outstanding Outsourcing Destination in the world.
Read more here
The President, in his speech during a project inspection of the sprawling 11,164-sq.m. area where the LinkSy I.T. Park will rise in Dumaguete City, expressed his faith this the park will spur job growth in the local business processing outsourcing (BPO) industry.
“I am confident that this I.T. Park may achieve exploit on the back of the pool of competent graduates from excellent nearby universities that they can select to hire. Once completed, this park can surely become a significant contributor to our country’s reputation in the BPO industry,” said the President as he spoke before a crowd of around 100 chiefly composed of workforces of the local business and BPO community and industry stakeholders.
The I.T. Park inspection is the instant stop of the President’s visit in the province today (Sept. 7). It recognizes the efforts of the private sector in helping the government produce enough jobs so that Filipino workforces no longer feel the need to leave the country to earn decent sending in employment overseas.
Construction work on the first of three buildings that will predominantly be IT facilities in the park has already started.
Once completed, the park is seen to pump P40 million into the local economy, according to Danford Sy, general manager of July Development Corporation, that is undertaking the IT Park project.
Building 1 is natural to be finished and turned over to its locator, Qualfon, something like March later Year.
With two floors that can accommodate 1,500 seats, it is expected to produce 4,500 jobs for realtors and indirect employment.
In his speech, Sy assured the President that the local business community recognizes the potential of the information, communication, technology (ICT) industry.
“We see how it has provided careers and supplied salaries much higher as opposed to the lowest wage. We realize we experience to do our share in sustaining this growth,” he said.
Based on figures presented by Sy in his speech, the ICT industry has flourished from “zero staff in December 2004 to 4,000 employed by December of 2010, earning a conservative estimate of P34 million a month.”
Sy predicted the industry to go up by 50 percent by December this year, with over 6,000 ICT staff earning throughout P52 million per month.
According to President Aquino, the I.T and BPO industry suffer generated $8.9 billion in revenue in 2010 alone, and produced full-time operation for other than side a million people. Some suppose that such year’s revenues will hit the $11 billion mark, and the the industry will be able to give 640,000 direct jobs.
The National Outsourcing Association of the U.K., from 2008 to 2010, also gave the Philippines the distinction of making the Most Outstanding Outsourcing Destination in the world.
Read more here
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