PEZA and ASEANA Holdings solidify partnership with new IT park development

Reinforcing a long-standing commitment to national economic growth, the Philippine Economic Zone Authority (PEZA) and ASEANA Holdings Inc. (AHI) officially signed a Registration Agreement on January 29, 2026, for the development of 8912 Asean Avenue.

Formalized under Proclamation No. 1111, the project designates the 14-storey structure in Aseana City as a new Information Technology (IT) Park. The agreement was signed by PEZA Director General Tereso O. Panga and ASEANA City President and CEO Delfin Angelo Wenceslao at the Aseana 3 BPO Building in Parañaque City.

The development is poised to become a cornerstone of the “Metro South” growth corridor, featuring:

• Total Floor Area: 100,708.36 square meters.

• Structure: 14 storeys, including a penthouse and service deck.

• Strategic Goal: Boosting job generation, business expansion, and high-value service exports.  “Economic development does not happen overnight. It is built patiently—through well-thought-out plans, consistent policies, and partnerships that endure through changing times,” stated DG Tereso O. Panga. “Aseana Holdings is a clear example of that kind of partner.”

This registration marks the fifth PEZA-registered building for AHI. Beyond the traditional IT-BPO sector, AHI is looking toward the future of specialized ecozones.

Delfin Wenceslao, President and CEO of AHI, noted that the company is actively exploring new frontiers:

• Diversification: Moving into healthcare and medical tourism.

• Future Pipeline: Programming new projects to sustain the momentum of the partnership.

The IT-BPO sector remains a critical engine for the Philippine economy. DG Panga reaffirmed PEZA’s bullish stance despite global economic shifts, citing the sector’s impressive track record:

“We are confident that this new addition will further strengthen Aseana City, create more quality jobs for Filipinos, and support one of our key focus sectors—the IT industry,” Panga concluded.