{"id":52820,"date":"2022-08-31T09:00:54","date_gmt":"2022-08-31T01:00:54","guid":{"rendered":"https:\/\/news.outsourceaccelerator.com\/?p=52820"},"modified":"2022-08-30T15:18:17","modified_gmt":"2022-08-30T07:18:17","slug":"peza-lifts-ncr-ecozone-ban","status":"publish","type":"post","link":"https:\/\/news.outsourceaccelerator.com\/peza-lifts-ncr-ecozone-ban\/","title":{"rendered":"PEZA lifts NCR ecozone ban"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">The Philippine Economic Zone Authority (PEZA) resumed accepting applications for IT centers inside Metro Manila following the removal of a moratorium against new economic zones in the capital city.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">PEZA Officer-in-Charge and Deputy Director General Tereso Panga said it is their position that the CREATE Law, which was passed and took effect in 2021, superseded the ban stated under Administrative Order (AO) 18.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">AO 18 was signed by then President Duterte in 2019 to complement existing strategies and policies on rural development and encourage IT-BPM firms to locate and create economic activities in the countryside.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Panga explained that CREATE is superior law as it is more latest than AO 18.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cWe will resume accepting IT center applications for Metro Manila because it means big investments inflow,\u201d stated the OIC.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, the PEZA head said that they will still remind the Office of the President to address AO 18 and issue a supporting order to align with the prevailing law.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">PEZA has been strongly calling for the lifting of the moratorium since before the end of the previous administration.\u00a0<\/span><\/p>\n<p><a href=\"https:\/\/mb.com.ph\/2022\/08\/29\/peza-resumes-processing-of-it-ecozones-for-ncr\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow external\" data-wpel-link=\"external\"><span style=\"font-weight: 400;\">Read more here.<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Philippine Economic Zone Authority (PEZA) resumed accepting applications for IT centers inside Metro Manila following the removal of a [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":52821,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[200],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.1 - 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