3 Israeli firms set to open over 1K jobs in PH
At least 1,100 jobs are expected to be created in the Philippines as three Israel-based companies expressed interest in expanding their operations in the country.
According to Economic Attaché and Head of the Economic Mission of the Israel Embassy Tomer Heyvi, these firms include software development company Amdocs, agro-business firm LR Group, and Information Technology and Business Process Outsourcing (IT-BPO) company Maroonz Holdings.
Amdocs is projected to generate 1,000 jobs, while Maroonz is set to open 100 jobs.
“Leading tech companies in Israel today use the BPO services,” Heyvi said in an interview.
He added that the headcount of these Israeli BPO firms here is “a growing figure.”
Aside from the IT-BPO industry, Israel aims to maximize the potential in other services such as electronics manufacturing services (EMS), software development, cybersecurity, and fintech.
Department of Trade and Industry (DTI) Secretary Ramon Lopez said that the “early harvest could be around USD150 million this year” from these companies.
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