The Philippine Department of Science and Technology Information and Communications Technology Office (DOST-ICTO), the Business Process Association of the Philippines (IBPAP), and Leechiu Property Consultants (LPC) recently announced 2016’s Next Wave Cities™ – the hubs that can best enable and support the continued growth of the information technology and business process management (IT-BPM) sector in the Philippines.
These cities are: Baguio, Cagayan De Oro, Dagupan, Dasmarinas, Dumaguete, Lipa, Malolos, Naga, Sta. Rosa, and Taytay. These top locations for local and international IT-BPM players were identified based on the 2015 assessment guided by the NWC scorecard.
IBPAP CEO and President Jomari Mercado said, “We are proud to be a partner of DOST-ICTO and Leechiu Property Consultants in the development of the Next Wave Cities™ scorecard. Since this program was initiated in 2009, we have seen the tremendous growth of the industry and the employment it provides in these Next Wave Cities™.”
The NWC scorecard includes the following criteria: talent, infrastructure, cost, and business environment. All these are factored in to evaluate a city’s ability to enable and support the entry and growth of IT-BPM companies in its area.
Apart from the 10 NWCs announced, government and industry leaders also elevated Davao City and Iloilo City to the status of Centres of Excellence for IT-BPM operations. They join the ranks of Metro Manila, Metro Cebu, Metro Clark, and Bacolod City as premier IT-BPM hosts and high-density locations.
According to LPC Chief Executive Officer David Leechiu, “The economic turmoil in the Western countries and China has spelled a greater need to move business operations here in the Philippines where there is a large pool of talent and where it’s cost-efficient. The IT-BPM industry will see sustained growth in the coming years and that’s why industry players now move to the provinces where there’s great potential. The NWC program underscores that and we are proud that this initiative has inspired development not only in key cities but in emerging locations as well.”
IBPAP | April 2016