President and CEO of the IT and Business Process Association of the Philippines (IBPAP) Jose Mari Mercado said in a recent interview that IBPAP would be conducting a roadshow in over 10 provinces to search for prospective sites for BPO companies. These new sites are aimed at accommodating the industry’s targeted revenue of US$ 25 billion and employment of 1.3 million by 2016, that would be about 8 percent of the country’s gross domestic product (GDP). The new sites would also generate greater provincial employment.
The Philippines as an outsourcing provider has been identified as excelling in four key human resource indicators: scalability, big number of employable university graduates, experienced talent pool, and good English accent and cultural affinity with the U.S.
Thus far this year, several large companies have signified their intention to set up or expand their offices in the Philippine, generating almost 1000 jobs.
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