Economics
Megaworld to Invest $5 Billion in Philippine Call-Center Growth
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Megaworld Corp., the Philippine builder controlled by billionaire Andrew Tan, plans to spend at least $5 billion in the next decade to develop properties for the nation’s expanding outsource services industry.
The Southeast Asian country’s top office supplier for companies from Accenture Plc to Convergys Corp. will develop 10 townships dedicated to business process outsourcing, tapping into demand that’s “barely scratched the surface,” said Jericho Go, a first vice president at Megaworld.