Strengthening efforts in advancing the ecozone development program in the country, the Philippine Economic Zone Authority (PEZA) officially sealed the proclamation of Arcovia City as a new Information Technology (IT) park at the PEZA Head Office.

This comes as Megaworld Corporation, represented by Executive Vice President and Chief Strategy Officer Mr. Kevin Tan, signed a Registration Agreement (RA) with PEZA to be the developer/operator of Arcovia City IT Park.

This partnership between PEZA and Megaworld further bolsters the Philippines' reputation as a premier investment hotspot in the region, with ecozones as drivers of growth and development.

Through the establishment of cutting-edge ecozones, both parties aim to generate interest, engage and entice housing more local and international investors.

DG Panga and Megaworld Executive Vice President Mr. Kevin Tan signed Megaworld’s Registration Agreement

Both DG Panga and Mr. Tan have expressed confidence in this endeavor, emphasizing their shared dedication to advancing the ecozone initiative, which ultimately contributes to the nation's economic growth and job creation for Filipinos.