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Tupi special ecozone to spur economic growth – PEZA

The Philippine Economic Zone Authority (Peza) is optimistic that the newly registered Tupi IT Park in South Cotabato will help boost the economic development in the Soccsksargen region.

Peza announced that PEZA has officially sealed the proclamation of Tupi IT Park as a Special Economic Zone after the signing of Registration Agreement on June 19.

“We are confident that with the proclamation of new ecozones outside of Luzon such as the Tupi IT Park, we will be able to spur countryside development and achieve our goal of eco-zoning the country towards inclusive and sustainable development,” said PEZA Director General Tereso Panga.

Last month, South Cotabato Governor Reynaldo Tamayo said that President Ferdinand Marcos Jr. issued Presidential Proclamation No. 530 creating and designating the Tupi IT Park as a Special Economic Zone.

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