Techlog investing P877 million in new Cebu facility

MANILA, Philippines — Techlog Center Philippines, an American information technology - business process management (IT-BPM) firm, is spending over P877 million for a new facility in Cebu.

In a statement, the Philippine Economic Zone Authority (PEZA) said it signed a supplemental agreement with Techlog Center Philippines for the firm’s new IT facility in Cebu on May 21.

The supplemental agreement documents the fresh incentives for the firm’s new project.

The IT-BPM firm has presence in various ecozones in Luzon and Visayas.

Techlog is set to inaugurate its new IT operations in Cebu City in January next year.

PEZA director general Tereso Panga said Techlog’s new project would involve business process outsourcing activities.

In particular, it would cover voice operations and non-voice functions, as well as data analyses, timekeeping document and payment processing, coding and workforce management.

Panga said the project is expected to create 925 jobs.

As of 2024, Techlog Center Philippines has invested over P2.7 billion in the country and created more than 6,800 jobs.

The PEZA is exploring more investments that support this thrust amid President Marcos’ push for digitalization.

The PEZA is also encouraging investments that support the attainment of the Sustainable Development Goals in the Philippines.

Investments registered with the PEZA surged by 112 percent to P63.52 billion from January to April compared to last year’s P29.96 billion.

In 2024, investments approved by the PEZA reached P214.18 billion.