CICT eyes development of more Peza sites

MANILA, Philippines – The Commission on Information and Communications Technology is urging the development of more Philippine Economic Zone Authority-accredited sites, as this is the most feasible way to extend incentives to potential ICT investors.

“We need to spur the development of more Peza sites all over the country. (Local governments) have to work with real estate developers, to convince them to be more aggressive in their developments and to work with Peza for accreditation,” CICT chair Ray Anthony Roxas-Chua III said.

He said Peza and the Board of Investments already had in place incentive packages that could entice investors to set up shop here. Locating within a Peza zone was, therefore, one of the easiest ways to gain access to various incentives.

“We don’t really rely on local governments to provide incentives to investors. We have the Peza and the BOI for that,” he said. –Abigail L. Ho, Philippine Daily Inquirer