[In photo: (L-R) PwC Philippines Chairman and Senior Partner Roderick Danao, DTI Secretary Alfredo Pascual, PwC Managing Partner and Platform Leader Principal and Acceleration Centers Leader Hari Kumar]
Department of Trade and Industry (DTI) Secretary Alfredo Pascual welcomed PricewaterhouseCoopers (PwC) Philippines’ planned Global Acceleration Center project at a recent engagement, on the sidelines of the US-Japan-Philippines trilateral meeting in Washington, D.C.
Set to generate at least 5,000 new jobs for Filipinos, the PwC Global Acceleration Center in the Philippines is seen to underscore the country’s growing role as a prime destination for innovative business process outsourcing (BPO) operations.
The project will focus on high-value BPO in consulting spaces, including artificial intelligence (AI), cloud computing, and cybersecurity, slated to create 54,000 new jobs within a three-four year timeframe.
An additional 1,000 to 2,000 workers are also projected by Isla Lipana & Co., the Philippine member firm of the PwC network, to support the manpower needed for the project, translating to an estimated PHP2 billion in additional annual revenue for the country.
Secretary Pascual emphasized the critical role of the Information Technology and Business Process Management (IT-BPM) sector for the Philippines, aligning with the Technology, Media, and Telecommunications Cluster identified in DTI’s Science, Technology, and Innovation (STI) industrial strategy.
“The DTI recognizes the transformative potential of AI for the Philippine economy. Hence, we strongly advocate for building AI capabilities to meet the evolving needs of businesses, such as PwC’s Global Acceleration Center,” he added while also seeking PwC’s collaboration with DTI for the National Innovation Hub.
In pursuit of PwC’s support for government’s workforce development programs aimed at further enhancing the skills of Filipinos, Secretary Pascual reiterated the DTI and its agencies stand as steadfast partners to the company and are fully dedicated to bolstering its business growth in the country.
