This comes after President Ferdinand R. Marcos, Jr. lifted the seven-year moratorium for IT parks and centers in Metro Manila. 45, the PEZA Board is directed to accept, process and evaluate all applications for IT centers and parks in Metro Manila. The group noted that Metro Manila remains a central location for setting up global offices and hiring digital talent. He identified the Bay Area as a primary beneficiary due to its high volume of available developments that can now apply for PEZA accreditation. According to Colliers, approximately 600,000 square meters in the future office pipeline could potentially apply for PEZA status.