PEZA Logo
MANILA, Philippines — The Philippine Economic Zone Authority (Peza) on Thursday said allowing new information technology (IT) parks and centers in Metro Manila would not divert investments from the provinces but could instead drive their expansion.
“Many global companies first establish themselves where there is already a deep talent pool, mature infrastructure, and an established business ecosystem,” Peza Director General Tereso Panga said. “As they grow, we have the opportunity to bring their succeeding sites to other parts of the country.”
READ: Lifting of ecozone ban a ‘big win’ for IT-BPM, real estate
Article continues after this advertisement
