The Philippine Economic Zone Authority (PEZA) endorsed the proclamation of the P80.5-million Tupi IT Park in South Cotabato.
“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.
President Ferdinand Marcos, Jr. signed Proclamation No. 530 on May 2, 2024, designating several parcels of land with an area of 15,000 square meters in Barangay Poblacion, Tupi, South Cotabato as an IT park.
PEZA deputy director-general for operations Vivian Santos and Matutum Holdings Development Corp. president Rochelle Tamayo signed the registration agreement (RA) on Jue 19, 2024.
Construction started in June 2017 and should be completed by January 2026.
The PEZA board reviews and approves the projects and once all documents are submitted, they are endorsed to the Office of the President for official proclamation.
