DEPARTMENT OF FOREIGN AFFAIRS 
P R E S S  R E L E A S E
www.dfa.gov.ph                                                                        2330 Roxas Blvd., Pasay City, Philippines                                                                     Tel. No. 834-4000 


SFA-AGR-760-06                                                                                                                                                                        13 September  2006

Cebu-based Companies to Embark on I.T. trade and Investment Mission to San Francisco and Bay Area 

13 September 2006 — The Philippine Consulate General in San Francisco and the Philippine Trade and Investment Center – Silicon Valley have announced that a delegation of Information Technology firms based in Cebu will be in San Francisco and the Bay Area from 18 – 22 September 2006 for a marketing campaign for Cebu’s IT, call center, and shared services (business process outsourcing-BPO) industries. 

“Cebu is undoubtedly one of the fastest growing economic areas in the Philippines, and it has successfully positioned itself as a primary trade and investment destination”, said Special Trade Representative Maria Roseni Alvero, adding that “it will be an opportunity for the trade and investment delegation from Cebu to experience first-hand the demands and requirements of companies in San Francisco and the Bay Area and for Cebu firms to explore future business partnerships and opportunities.”  

The Cebu delegation will be headed by representatives from the Cebu Investment and Promotion Center (CIPC) and by officials of four major BPO companies operating in Cebu, namely, Alliance Software, Inc. Infinit Outsourcing, Inc., Ng Khai Development Corporation, and SRD & Co. 

Ms. Alvero also said that part of the activities of the Cebu IT mission to San Francisco is an investment forum on 19 September 2006 at 6:00 p.m. at the Social Hall of the Philippine Center in San Francisco, where the group will present current economic developments and investment opportunities in Cebu.  The group will also be meeting with California-based companies to showcase Cebu as a premiere IT and BPO investment destination and to develop business alliances.  

Detailed information about the Cebu Trade and Investment Mission may be obtained from the Philippine Trade and investment Center-Silicon Valley, 5201 Great America Parkway, Suite 356, Santa Clara, CA, Telephone number (1-408) 9809823, email: ptic-sv@philippinecentersf.com.  END

/jay


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