Recent Posts

Breaking News

25 Digital Cities announced

By BERNIE CAHILES-MAGKILAT

25 cities in the country, including Zambaonga City, have made it to the list Digital Cities 2025 based on their readiness to attract investors in the IT business processing management industry.

The Digital Cities 2025 list was unveiled today by the Department of Information and Communications Technology and the IT and Business Process Association of the Philippines (IBPAP) in cooperation with the Leechiu Property Consultants. They were chosen based on 4 parameters: talent availability, infrastructure, cost, and business environment.

These cities are Balanga City, Batangas City, Cabanatuan City, Dagupan City ○ General Santos City Iligan City, Iriga City, Laguna Cluster (San Pablo, Calamba, and Los BaƱos), Laoag City, Legazpi City, Malolos City, Metro Cavite (Bacoor City, Imus, and General Trias) Metro Rizal (Taytay, Cainta, and Antipolo City), Olongapo City, Puerto Princesa City Roxas City, San Fernando City, La Union, San Fernando City, Pampanga, San Jose Del Monte City, Tacloban City, Tagbilaran City, Tarlac City, Tuguegarao City, Urdaneta City, and Zamboanga City.

These hand-picked locations will get the chance to demonstrate their capabilities as viable business centers through Digital Cities 2025. This will hopefully motivate existing players to expand beyond the National Capital Region (NCR), encourage new ones to set up shop in the Philippines, and ultimately, generate more opportunities for Filipinos.

“Digital Cities 2025 aims to build the resiliency of the IT-BPM sector as an engine of growth for the Philippine economy. It also aims to bridge industry progress in the countryside to strengthen local economies. The 25 new locations, alongside the Centers of Excellence and established Next Wave Cities, shall serve as investment destinations for a thriving digital economy,” DICT Secretary Gregorio B. Honasan II said.

“The IT-BPM sector continues to be a priority for DICT and we are ready to support and take the lead in making the necessary interventions to ensure that these digital cities achieve their potential,” shared DICT Assistant Secretary Emmanuel Caintic. “By working together with other executive agencies, local government units, industry leaders, and academic institutions, we will enable each location to grow into Centers of Excellence that spur the development of other business sectors, de-risk Metro Manila concentration, create jobs, and boost the local economy.”

Some points of action that the initiative will be focusing on are Institutional Development, Talent Attraction and Development, Infrastructure Development, and Marketing and Promotion. This will involve the strengthening of ICT councils, sharing of best practices, launching awareness campaigns, and facilitating infrastructure initiatives.

“The launch of Digital Cities 2025 is a testament to the IT-BPM industry’s resilience and enduring role as a major growth driver of the Philippine economy,” said IBPAP President and CEO Rey Untal. “The countryside remains full of untapped potential and harnessing this can lead to countless more opportunities for continued expansion and sustained growth for the sector.”

Although the COVID-19 pandemic and Enhanced Community Quarantine (ECQ) affected business operations across industries, LPC CEO David Leechiu foresees a surge in IT-BPM demand once the country and the rest of the world settles into the new normal.

Leechiu noted that offshoring firms can only find the best cost competitiveness in the Philippines and India with meaningful high double digit cost savings in a scalable manner and high productivity. Thus, he urged the government to provide more ecozone space for locators of the Philippine Economic Zone Authority or these companies will go to India.

He also cited that in terms of attrition, the Philippines has only half at 60 percent rate compared to the US and India’s 130 percent.

Untal further said that IT-BPM firms in the country were even more productive during the lockdown period registering 57 percent productivity rate during the Enhanced Community Quarantine and 85 percent now.

“Even if we are not yet in the normal operation, we have pockets of growth continuing so we have unique window of opportunities to work together to take advantage and develop,” he said.

“Philippine IT-BPM will be instrumental in the country’s recovery from this health crisis so we need to be ready for the demand to start gaining momentum. This will be critical in how the world views us as a long-term investment versus our ASEAN neighbors,” said Leechiu.

Despite the impact of the recent pandemic on the Philippines’ economy and business environment, both the public and private sectors are looking for ways to continue moving forward. Together with the Centers of Excellence and Next Wave Cities, these Digital Cities will bring the country a step closer towards becoming a more digitally-enabled nation, one that continues to be globally competitive and relevant as a prime investment destination.

In addition to the program, the digitalcitiesPH portal will also help translate potential to progress in the countryside by providing investors and locators with essential information on cities and municipalities all over the Philippines. This will help them better assess each location’s potential as a global business center.


Source: Manila Bulletin (https://business.mb.com.ph/2020/06/30/25-digital-cities-announced/)

No comments