Eastwood City

Submitted by alex on Mon, 06/11/2012 - 22:59
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Eastwood City Cyberpark is a BPO-targeted office complex forming part of Eastwood City. Its buildings include the 20-story Global One Center and the 10-story 1880 Eastwood Avenue. The cyberpark is listed as an approved IT Center by the Philippine Economic Zone Authority, making export-oriented companies located therein eligible for temporary tax holiday, permanent reduced rate of corporate income tax, and other incentives.
It was an early leader in business process outsourcing in the Philippines; out of 37 call centers operating in the country in 2003, 10 were located there. Major tenants include Accenture, Dell, IBM Global Services, Stellar, Citibank, Atos, and eTelecare. In 2009, the registed BPO employment of the cyberpark was 16,856 jobs, making it the Philippines' leader among PEZA IT parks and buildings. This represented growth of 22% over its 2008 employment figure. Including non-BPO employers, the total number of jobs created in Eastwood City is more than 30,000, claims developer Megaworld Corporation. The total value of exported services for the year was US$348.31 million.

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