Olongapo SubicBay BatangGapo Newscenter

Tuesday, June 19, 2007

Japanese info tech firm to locate in Subic

MANILA, Philippines -- Triple Win Innovation Center (TIC), an information technology outsourcing company based in Japan, has committed an investment of $640,000 to set up a facility at the Subic Bay Freeport Zone, the Subic Bay Metropolitan Authority (SBMA) said Monday.

TIC caters to automobile and appliance companies for software design and development. It will set up TIC Philippines Software Technology Inc., which will bring in state-of-the-art Japanese technology, the SBMA said.

The Philippine unit will hire initially 15 employees for preliminary operations, at the Boton Light and Science Park, the SBMA said. More employees will be hired as required, it added.

Three companies in the Subic Bay Freeport are engaged in software development: Subic Software Solutions Inc., IDESS Interactive Technology Inc., and Hamdorf Photography and Design Inc
By Riza T. Olchondra - Inquirer

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