Amazon’s expansion fuels Davao City’s economic growth

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Amazon’s expansion fuels Davao City’s economic growth
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THE Davao City Investment Promotion Center (DCIPC) has confirmed that Amazon, the global e-commerce titan, is expecting to generate 500 employees in Davao City.

THE Davao City Investment Promotion Center has confirmed that Amazon, the global e-commerce titan, is expecting to generate 500 employees in Davao City.This, after the city’s investment office welcomed two big Business Processing Outsourcing companies based in Manila — Foundever and Optum — last 2023.“Amazon officially announced that they have established their branch here in the City of Davao. Amazon for virtual assistance sa mga customers – online services.

In fact, 51 percent of the Gross Regional Domestic Product in Davao is attributed to the rapid growth of BPO industries centered in Davao City,To recall, Amazon’s plan of expansion in the city was first announced on December 22, 2023, during a meeting held at the Dusit Thani Hotel. The move is expected to alleviate the local economy as it paves the way for greater job opportunities and higher demands for products and services.

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