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PIA Press Release
2010/06/18

IBC of Iloilo cites "connectivity" as major legacy of PGMA

Iloilo (18 June) -- Connectivity through the IT industry and digital infrastructures, and transport facilities has made Iloilo attractive to investors, said Iloilo Business Club (IBC) Executive Director Leah Lara.

Lara said, for one, through the transport system like the Roll-on-Roll-off (RO-RO) and the Nautical Highway local traders are able to ship their commodities from one area to the other at relatively lesser expenses.

She said the attention given by President Arroyo to local infrastructure development in the region has also made Iloilo tourism a banner sector, especially under the super regions concept.

The IT industry and digital infrastructures has gained for Iloilo the potential as among the next wave cities, with its booming Business Process Outsourcing (BPO) performance.

"Iloilo is just a small city but its BPO industry has employed at least 3000-4000 people as of date, and improved the quality of graduates through on-going trainings with TESDA and other institutions," Lara said.

She said that a big call center venture in the city has its Iloilo branch cited as first as far as costumer satisfaction rating was concerned, a proof that this and many other companies as well are doing good.

Lara said that local government support, vibrant public and private sector partnership and sound national government policies are continually making business institutions in the city strong.

She added that based on the Bangko Sentral reports, there is more than enough capital for investments which business can avail of but are not yet channeled, hence, the IBC will continue to work push to for development entrepreneurship in the city.

Iloilo, Lara said, has to face yet the challenge of being able to sustain its power and water supply, as well as peace and order, to become a credible place for investors.

The fact that Iloilo is increasingly becoming a tourist and business destination shows that it has also become very accessible to other parts of the country and even the world, Lara added. (PIA6/ESS) [top]

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