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Article: PHILIPPINES' EASTWOOD CITY CYBERPARK EARNS $US288M IN '07.
- Article from:
- AsiaPulse News
- Article date:
- April 24, 2008
CopyrightCOPYRIGHT 2008 Asia Pulse Pty Ltd. 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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MANILA, April 23 Asia Pulse - Eastwood City Cyberpark, owned by leading developer Megaworld Corporation, has reported a total of $US288.09 million in export revenues last year.
Citing data from the Philippine Economic Zone Authority (PEZA), Megaworld said offshoring and outsourcing revenues increased by 21 per cent from the $US188.5 million recorded in 2006.
The owner and developer of Eastwood City located in Libis, Quezon City also claimed that business process outsourcing firms in the Cyberpark alone employed about 12,515 individuals last year.
"These employees received a total of P4.4 ...