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Article: IT sector is alive and well at Eastwood City CyberPark.(Infotech)
- Article from:
- Manila Bulletin
- Article date:
- July 27, 2003
CopyrightCOPYRIGHT 2003 Manila Bulletin Publishing Corp. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The information and communications technology (ICT) sector, one of the top 10 priority sectors of the Department of Trade and Industry this year, remains among the country?s top industries in attracting foreign capital inflows, based on the latest data from the DTI.
As of the first quarter of the year, investments in IT and IT-enabled services accounted for 15 percent of total foreign capital inflows to the country.
The DTI selects priority sectors, based on their inherent or proven competitiveness, to spur export earnings and investments, whether domestic or foreign, in those sectors. Through the DTI?s program of incentives and support to investors, the ...