Malaysian conglomerate AlloyMTD and the city government of Palayan agreed to develop a P1.5-billion information technology park in the capital of Nueva Ecija province.
The Palayan City Government Center and Central Business Hub is being constructed on a 30,013-square-meter property in Barangay Singalat. AlloyMTD Philippines, the local unit of the Malaysian group, and Palayan City will sign an agreement for the project which would involve the management of a business process outsourcing hub for 30 years.
The creation of the IT park was backed by a presidential proclamation signed by President Rodrigo Duterte on June 25, 2018.
The board of the Philippine Economic Zone Authority recommended the creation of the ITP pursuant to Republic Act No. 7916, or the Special Economic Zone Act of 1996, as amended by RA 8748.
The three-hectare government and business center will also serve as home to the satellite offices of at least 12 national government agencies
The Palayan City Government Center and Central Business Hub is being constructed on a 30,013-square-meter property in Barangay Singalat. AlloyMTD Philippines, the local unit of the Malaysian group, and Palayan City will sign an agreement for the project which would involve the management of a business process outsourcing hub for 30 years.
The creation of the IT park was backed by a presidential proclamation signed by President Rodrigo Duterte on June 25, 2018.
The board of the Philippine Economic Zone Authority recommended the creation of the ITP pursuant to Republic Act No. 7916, or the Special Economic Zone Act of 1996, as amended by RA 8748.
The three-hectare government and business center will also serve as home to the satellite offices of at least 12 national government agencies
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