In the first quarter of 2014, Tholons, a US-based global investment advisory firm, released its 2014 top 100 outsourcing destinations. It had Metro Manila as second and Cebu eighth on a list dominated by Indian cities.
House Assistant Majority Leader and Cebu congressman Gerald Anthony Gullas Jr. believes that these two cities will likely remain and even climb in the list. To ensure this, Gullas has authored a bill to reinforce the use of English in all school levels to keep the Philippines competitive in the global market. The country’s large pool of college-educated, English-speaking workers is one of the huge benefits to outsourcing to the Philippines.
As Cebu’s representative, Gullas also touts his province’s advantages as an outsourcing hub. New IT parks and economic zones, such as the upcoming Mactan Newtown, with advanced infrastructure and connectivity, are being developed there. Cebu also offers a conducive policy environment, attractive fiscal incentives and a lower standard of living than in Metro Manila.
Many business process outsourcing (BPO) companies currently have offices in Cebu, employing around 100,000 full-time employees. This figure is expected to continue to grow in the coming years.
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