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Philippines’ Oriental to fund in 2 POGO hubs

PHILIPPINES'-ORIENTAL-TO-FUND-IN-2-POGO-HUBS

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Philippines’ Oriental to fund in 2 POGO hubs

Gaming firm Oriental Group said Friday it would fund in at least 2 offshore gaming hubs, as the government vowed to make introducing up so-called POGOs smoother.

The POGO hubs make it simpler for firms to set up stores since the areas will include satellite offices of the immigration and tax bureaus as well as the Philippine Amusement and Gaming Corp, said Oriental general manager Kevin Wong.

“With all the social tensions, we want to put everyone together… When all other people saying so and so with our industry, we want to remove that. We cant really isolate but at least put it in a place. Within the POGO hub everything will be there,” he said on the sidelines of the Phil-Asian Gaming Expo.

The government can also easily track visa compliance and number of workers within the centers, he said.

“If you locate in a POGO hub no one would say illegal ‘yan because all the government agencies are already there” Wong said.

A 10-hectare hub in Clark is already ongoing while a P8-billion 20-hectare hub in Cavite is planned to open soon, Wong said.

Locators within POGO hubs do not have ecozone incentives but they can avail of other benefits such as 5-year license extensions said PAGCOR chairman Andrea Domingo.

 

News source: ABS CBN News

 

 

 

 

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