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Real Estate

Eastwood Cyberpark is top BPO location

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MANILA, Philippines - In the eyes of the local business process outsourcing (BPO) workforce, there is but one IT park that provides them the highest number of career opportunities: Eastwood City Cyberpark.

Located in Libis, Quezon City, Eastwood City Cyberpark registered an employment figure of 16,856 for the whole of 2009, highest among all the registered information technology (IT) parks and buildings nationwide, according to the Philippine Economic Zone Authority (PEZA). The total figure was a 22% improvement from the employment figures in 2008.

But counting the non-BPO employment figures, such as banks, restaurants, shops and marketing-oriented companies in Eastwood City Cyberpark, the satellite city has provided jobs to more than 30,000 individuals, according to its developer, Megaworld Corporation.

Eastwood City Cyberpark also registered improvements in two other PEZA 2009 data. Exports of the cyberpark’s outshoring & offshoring (O&O) locators tallied US$348.31 million, an increase of 7.8% from 2008 figures.

The employees of PEZA-registered companies combined for P6.72 billion in salaries, a surge of 33% from the P5.05 billion paid out during the previous year.

Among the top employers in Eastwood City Cyberpark are Citibank, eTelecare Global Solutions Inc., IBM Business Services, Siemens and Dell.

“We are pleased that despite the global economic challenges of 2009, Eastwood City Cyberpark still managed to post increases in the number of employees, exports and salaries. As the economy improves further this year, we expect 2010 to be another banner year for Eastwood City Cyberpark,” Megaworld FVP for business develoment Jericho Go said.

“With the scheduled opening of our new Global One Center building later this year and with the projected entry of new players as well as expansion of our existing locators, we will be able to open new job opportunities and further strengthen the local economy through new export revenue streams,” Go added.

Global One Center is slated to become the 10th office building in Eastwood City Cyberpark, for an additional 34,000 square meters in prime office space. It will also boost Megaworld’s standing as the #1 BPO office lessor. BPO firms can join the country’s leading IT enclave, Eastwood City Cyberpark, by calling 912-0708 or checking out www.megaworldcorp.com.

BUSINESS SERVICES

CITY

CYBERPARK

EASTWOOD

EASTWOOD CITY CYBERPARK

GLOBAL ONE CENTER

GLOBAL SOLUTIONS INC

JERICHO GO

MEGAWORLD

MEGAWORLD CORPORATION

PHILIPPINE ECONOMIC ZONE AUTHORITY

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