Omega GTI opens operations office in Batangas, Philippines

inquirer.net

Omega Global Technologies Inc. (Omega GTI), a company from Silicon Valley, has opened a new office in the Philippines. The facility is located in Malvar, Batangas, and was launched on March 6. The Department of Trade and Industry (DTI) announced that this expansion is an important step for foreign investment in the country. Kristine Umali, a trade commissioner, said it enhances the country's logistics and supply chain capabilities. She noted that this move strengthens the Philippines' position in the semiconductor and electronics sectors globally. Omega GTI specializes in supply chain solutions for the electronics industry. They also operate a lab that tests electronic components for quality and authenticity. The company's president, Zedric Ochoa, highlighted the skilled workforce in the Philippines as a key reason for their decision to expand there. Executive Vice President Jayson Alfonso mentioned their aim to attract more investments from Silicon Valley to the Philippines. He expressed optimism that this expansion is just the start of further partnerships to boost innovation and create jobs. According to research firm Statista, the transportation and logistics market in the Philippines is expected to grow at an annual rate of 1.73 percent from 2025 to 2029. By the end of this period, it could reach $63.71 billion.


With a significance score of 2.5, this news ranks in the top 33% of today's 17913 analyzed articles.

Get summaries of news with significance over 5.5 (usually ~10 stories per week). Read by 9000 minimalists.


loading...