“Your effect on our economy extends much farther than the jobs you’re directly responsible for, Aquino noted.
“Again, on behalf of our people, I thank you for the role in growing our economy and, more importantly, for your belief in our countrymen, who have the skill, the creativity, and the work ethic to propel any company to even greater heights,” he added.
Through the Industry-based Training for Work Scholarship Program, the President said his administration is making sure that companies will find enough qualified workers in the country.
“We have set aside half a billion pesos for this program, and as of May 2012, we have disbursed P215 million of that,” Aquino said. “With the good work of TESDA Secretary Joel Villanueva behind me, close to 36,000 Filipinos have benefited from this program.”
“These efforts to keep companies like you here have manifested itself in billions of pesos and centavos,” he said.
“Thank you for believing that we are indeed open for business under new management. Rest assured that we will always endeavor to prove that your decision to come here was the right decision,” he added.
In 2011, the BPO sector earned $11 billion and was responsible for around 640,000 direct jobs.
Since July 2010, when Aquino took office, the Philippine Economic Zone Authority (PEZA) generated P465 billion in new investments equivalent to 23 percent of all investments in PEZA in the last 17 years. (GMA News)