Philippine Outsourcing Benefits from Filipino Expat Investment

Davao City, Philippines

Philippine outsourcing received a boost from an overseas Filipino professional who has come back to the country and invest in Davao City, Mindanao.

Albert Bangwa, a native of Baguio City, recently retired from the US Navy as a disbursing officer. He has witnessed the transformation of Davao City as a major economic center in southern Philippines.

"I could see the progress of Davao and its growing fast," he said.

That is why he has decided to invest his money by building a health services technical school in Davao City Philippines, named Saint Albans College of Technology (SACT).

According to SACT executive vice president Bambi Lim, the school will specialize in medical transcription training. The school will also offer other courses including nursing aid, caregiver training and college-level nursing.

SACT aims to provide advance technology, innovative training and a competent teaching staff to produce top caliber and competent graduates.

The global market for healthcare services outsourcing is growing.

Medical transcription offers a good opportunity for people who want to venture into a secondary occupation and work from their homes, according to Lim.

SACT expects to have at least 1,500 enrollees when the school opens. Tuition for medical transcription courses at SACT would be about P15,000 (US$280) for six months.

SACT plans to incorporate courses on time management and cultural sensitivity with the core course offerings. Lim expects graduates to be well-prepared professionals in their new environment and contribute to the growth of the Philippine Outsourcing industry.

"We will assist our student in finding the work where most of the clients are based in the United States," she said adding that their offer is up to the time that the student can be placed for a job.

For his part, Bangwa said SACT aims to produce competent graduates that will eventually create a mark for Davao City as the center for Philippine outsourcing, particularly for Medical Transcription business in Mindanao.

Having applied for school accreditation, Bangwa is also looking forward to the tax holidays offered by the Davao City government.

Through its Investment and Promotion Center, Davao City currently extends tax holidays to investors in various areas such as education, real estate, information technology, energy and alternative fuel.

Philippine Outsourcing News: 2/6/06

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