BOI helps sell Ciudades to large BPO investors

THE Board of Investments (BOI) in Southern Mindanao is presently assessing the 20 large business process outsourcing (BPO) firms they met in a roadshow last December in Makati as they gear up for a business to business discussion in a bid to bring in new investors in Davao City.

These BPO companies are planning to locate at the 250-hectare large-scale integrated mixed-use, master-planned township development in Tigatto, Davao City.

“We had a roadshow last December in Makati and we had talks with the top 20 BPO companies, and we are hoping that at least 25 percent of the 20 or five companies will locate here,” BOI-Southern Mindanao director, Engineer Gil Dureza said.

The roadshow was organized by BOI, Davao City Investment Promotions Center (DCIPC) and property developer of Ciudades, the Torre Lorenzo Development Corporation (TLDC). Dureza said that the TLDC will tailor fit the construction of the BPO facilities to the requirements of the companies.

“We are doing hard selling to really lure more investors to come to Davao,” he said. At present existing BPO companies in the city are already expanding their operations.

Meanwhile, Davao City posted a notch higher this year than last year’s spot in the Top 100 business process outsourcing (BPO) destinations in the world.

Tholons, a services globalization and investment advisory firm, recognized Davao City anew as one of the biggest movers in its 2016 annual survey of the top 100 outsourcing destinations in the world, ranking 66th worldwide, some three places higher than last year’s 69th place.

“This is a new development that we should be celebrating for, this development proves that the BPO industry in Davao City continues to boom amid challenges. We now ranked 66th in the top 100 outsourcing destinations in the world, that is third in the Philippines after Manila and Cebu City and the only ranked city in the Brunei Darussalam-Indonesia-Malaysia-Philippines East Asean Growth Area (BIMP-Eaga),” said

Samuel Matunog, president of the Information and Communication Technology (ICT)-Davao Inc. Ranking in the 66th place, Davao City edged out Penang (Malaysia), San Antonio, Texas (USA), and Thiruvananthapuram (India).

Source: Sun Star