Property

Demand more than double 214,000-sqm supply: PEZA appeals Duterte’s ban on IT zones in Metro Manila

The Philippine Economic Zone Authority (PEZA) is appealing President Rodrigo Duterte’s ban on the proclamation of more information technology parks in Metro Manila in the face of the steep shortage in supply of buildings with special perks.

The Philippine Economic Zone Authority (PEZA) is appealing President Rodrigo Duterte’s ban on the proclamation of more information technology parks in Metro Manila in the face of the steep shortage in supply of buildings with special perks.

In a report by Manila Bulletin, PEZA told Executive Secretary Salvador C. Medialdia that it expected demand of 450,000 square meters for IT space in 2019 or 110 percent more than the available space of 214,000 square meters for call centers and Philppine offshore gaming operations (POGO).

Duterte signs IT zone in Iloilo, SM City BPO tower

PEZA urged Medialdea to consider some exemptions in Administrative order 18 – which imposed a moratorium on the establishment of more IT parks in the National Capital Region – to cover nine cities in Metro Manila:

* Malabon, Caloocan, Pateros and Valenzuela which have zero IT parks;

*Las Pinas, Marikina, San Juan and Manila with one IT park each;

* Pasay with four IT parks.

PEZA has approved approved IT parks in Metro Manila for endorsement to Malacanang as of June 2019 that are on top of the 22 awaiting Presidential Proclamation.

There are a total of 167 IT Parks/Centers in the Metro Manila nearly of which are in Makati with 45 and Quezon City with 35.

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