News » Developers say freeze on new NCR ecozones will affect BPO investment

Developers say freeze on new NCR ecozones will affect BPO investment

Developers say freeze on new NCR ecozones will affect BPO investment

President Rodrigo Duterte’s order to freeze applications for the establishment of new economic zones in Metro Manila could reduce investment inflows, according to developers. Duterte issued an administrative order seeking to drive growth in rural areas through the development of ecozones, and has ordered PEZA to refrain from accepting applications for the establishment of more ecozones in Metro Manila.

Francisco S. Zaldarriaga, Philippine Ecozones Association president, said the moratorium will hinder business process outsourcing (BPO) expansion, as a huge chunk of BPO activity is located in Metro Manila.

Most BPO companies are headquartered in the National Capital Region. It could also stunt the growth of the information technology industry, because firms are mostly registered with the Philippine Economic Zone Authority (PEZA).

Read more here.

Start your
journey today

  • Independent
  • Free
  • Transparent

About OA

Outsource Accelerator is the trusted source of independent information, advisory and expert implementation of Business Process Outsourcing (BPO)

The #1 outsourcing authority

Outsource Accelerator offers the world’s leading aggregator marketplace for outsourcing. It specifically provides the conduit between Philippines outsourcing suppliers and the businesses – clients – across the globe.

The Outsource Accelerator website has over 5,000 articles, 350+ podcast episodes, and a comprehensive directory with 900+ BPO companies… all designed to make it easier for clients to learn about – and engage with – outsourcing.

About Derek Gallimore

Derek Gallimore has been in business for 20 years, outsourcing for over eight years, and has been living in Manila (the heart of global outsourcing) since 2014. Derek is the founder and CEO of Outsource Accelerator, and is regarded as a leading expert on all things outsourcing.