President Gloria Macapagal-Arroyo recently unveiled a P350-million information technology scholarship program to train 40,000-50,000 people for employment in the Philippine Cyber Corridor.
The President announced the putting up of the scholarship program when she graced the 8th e-Services Global Sourcing Conference and Exhibition.
The two-day conference is organized annually by the Department of Trade and Industry (DTI).
The 50,000 prospective trainees will join the more than 100,000 IT professionals in the Philippines.
The President pointed out that this year's IT trainees would be easily absorb by the job market as her administration is intent on generating 10 million jobs "all over the economy," seven million jobs of which have already been created during the past seven years.
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