INVESTMENT PROJECT PROFILE
| PROJECT DETAILS | |
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Name of Project |
Investment in Business Process Outsourcing |
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Sector |
Services |
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Type of Business |
Private Tertiary Education |
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Major Product Lines |
Tech-Vocational Training Center for Call Center Agents, Computer Hardware and Maintenance Technicians, Secretarial and Bookkeeping Course and Tertiary Programs such as BS Entrepreneurship, BS Information Technology and BS (Teacher) Education |
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Start of Project |
Open Date |
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Brief Project Description |
Xijen College of Mountain Province, Inc. is a training service provider for the Business Process Outsourcing industry. For the past 4 years, the graduates of its Call Center Training Program (1 month training) have landed jobs at Sitel in Baguio City and other call centers in Pampanga and Manila. Xijen College of Mountain Province, Inc. is based in Bontoc, Mountain Province.
There is a peculiarity among the Bontoc born. Bontoc (and the rest of Mountain Province) had a history of not being under the influence of the Spanish culture. The arrival of American and European missionaries in 1906 was the closest encounter that their ancestors had with foreign influences. The missionaries opened mission schools so that English was the language of choice in lesson delivery. Through the years, a Bontoc born had a natural inclination to the English language such that he or she could easily distinguish a regional accent. The Bontoc born has a neutral accent (English language) so that they are easier to train for the call center industry.
Xijen College of Mountain Province is considering moving on from a human resource provider to any area in the Knowledge Based Industries-to include business process services such as voice, non voice, bookkeeping, data encoding, medical transcription, legal services and other IT and IT enabled services.
Xijen College of Mountain Province is open to partnerships with small and medium enterprises involved in similar industries. Xijen College shall provide the building, human resource development and other areas where its services are needed.
For some years, graduates of the call center training program had this one feedback. It was all about living expenses when they move to the cities. Some agents quit went back to school or moved on to other jobs. They would be happy to stay put in their hometown and work in a similar job (BPO) given the chance. Bontoc is ready to host at least a 15 to 25 seat BPO operation for a start.
Xijen College of Mountain Province, Inc. will provide for the rooms, staff complement, and computers in this undertaking. Options are all open for negotiation. The institution is also open for due diligence inspection. Initial information could be had at www.xijen.com.
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Estimated Investment Cost to date: |
Xijen College of Mountain Province, Inc. at present has an asset size of P20 million and has a staff complement of 14. |
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Type of Business |
Non stock-non-profit corporation. |
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Contact Person |
Joel T. Fagsao |
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Position |
Chairman of the Board |
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Name of Firm/Company |
Xijen College of Mountain Province, Inc. |
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E-mail: joelfagsaoatxijendotcom |
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Report prepared as of |
August 25, 2011 |
Assessment:
A Twenty four-electricity service is available in this college town of thirty thousand. Internet access is made possible by SMART Telecommunications Company. Mobile communications services is provided by SMART and GLOBE. The town of Bontoc has an employment rate of 66% (source: Bontoc Local Government Unit), majority are college graduates. The major employers are small business owners, the local and provincial government unit (mostly temporary hires) and café operators. The town has 150 bed capacity hospital, 3 pre-schools, 1 school for special kids, 1 public elementary school, 2 private elementary schools, 2 institutions of higher learning, 1 private high school and 1 public high school. The town is the center of commerce and trade and has a good highway system going to Baguio City (4 hours travel by private vehicle, 5 hours by public transportation). The town is also strategically located; it has also cemented roads leading to Region 2.
The town can support the lifestyle of expatriates who want it slow and are the outdoorsy types. Expatriates can also go for a visit to the town’s attractions such as Mainit Mineral Springs (three resorts are in operation), Maligcong Rice Terraces or join a monthly group expedition to the rain forests of Bontoc.
The town is thus ideally suited for creative pursuits considering its well educated but underemployed young population.





