PEZA Accredited Park

Under Proclamation No. 526, which was signed by President Rodrigo Duterte on June 25, 2018, the ITP covers a land area of 30,013 square meters and is located at Barangay Singalat in Palayan City.

The Board of Directors of the Philippine Economic Zone Authority (PEZA) recommended the creation of the ITP pursuant to Republic Act No. 7916, or the Special Economic Zone Act of 1996, as amended by RA No. 8748.

As an ITP, PCBH is entitled to all benefits due special economic zones, which make it more attractive to foreign investors who would want to set up their own Business Process Outsourcing (BPO) centers in Palayan City

PEZA Incentives

Businesses registered under PEZA can enjoy incentives the following Fiscal Incentives such as:

  • Income Tax Holiday (ITH) – 100% exemption from corporate income tax;
  • 5% Special Tax on Gross Income and exemption from all national and local taxes upon expiry of the Income Tax Holiday;
  • Tax and duty free importation of raw materials, capital equipment, machineries, and spare parts; exemption from Wharfage dues and export tax, impost or fees;
  • VAT zero-rating on local purchases of goods and services, subject to compliance with BIR and PEZA requirements;
  • Exemption from payment of any and all local government imposts, fees, licenses, or taxes;
  • Exemption from expanded withholding tax; and
  • Exemption from payment of local government fees for Agro-Industrial Economic Zone Enterprise activities.

For Non-Fiscal Incentives,

  • Simplified import-export procedures;
  • Non-resident foreign nationals may be employed by PEZA-registered Economic Zone Enterprises in supervisory, technical, or advisory positions; and
  • Special non-immigrant visa with multiple entry privileges for non-resident foreign nationals

What to see at PCBH

Novo Ecijanos, particularly overseas Filipino workers (OFWs) and visitors from different cities and provinces can process their government documents in the Government Building.

Government Building

Novo Ecijanos, particularly overseas Filipino workers (OFWs) and visitors from different cities and provinces can process their government documents in the Government Building.

Palayan City Business Hub offers One-Stop Shop government services to OFWs and all Novo Ecijanos and those who will like to also visit the beauty of Palayan City. (Visit Palayan City Profile to learn about the city.)

Services Offered:

  • POEA
  • OWWA
  • BIR (pending for the start of operations)
  • Pag-Ibig
  • Philhealth
  • TIEZA (pending for the start of operations)
  • DFA (pending for the start of operations)
  • Bureau of Immigration
  • SSS
  • PRC
  • NBI
  • PSA
  • DOLE
  • DICT
  • OWWA
  • Bureau of Immigration
  • Family Court of Palayan

PCBH also has Bayad Center and 2Go Express to make it more hassle-free to Palayanos and all Novo Ecijanos.

BPO Buildings

Palayan City is the first IT Park in Nueva Ecija and it won’t complete it without the Business Process Outsourcing (BPO) and Call Center companies booming in the city.

The PCBH has two BPO buildings. Each BPO building has 6 floors, ready to operate 24/7 with IT-extensive infrastructure to handle the high demands on works.

Capital Hotel

At the IT Park will rise a Capitol Hotel has 75 rooms to accommodate Nueva Ecija visitors and investors across the country and from other countries.

Rizal Memorial College - Palayan Campus

Rizal Memorial Colleges in its Palayan Campus offers TESDA-Accredited courses as well as Nihongo (Japanese Language) class.

The minimum qualification for the Technical-Vocational Courses being offered is National Certification II (NC II) as certified by TESDA. Among the courses are:

  • Hotel and Restaurant Management (Tourism Sector)
  • Bartending NC II; Food and Beverages Services NC II
  • Food and Beverages Services NC II
  • Housekeeping NC II
  • Front Office Services NC II
  • Commercial Cooking NC II
  • Practical Nursing with qualifications
  • Healthcare Services NC II
  • Caregiving NC II
  • Bookkeeping NC III

Through the generosity of Palayan City Mayor Rianne Cuevas and her family, 200 Palayanos have granted with scholarships to attend the 200-hour Nihongo class. RMC also offers ‘Study Now, Pay Later’ scheme to non-residents of Palayan City.

Palayan City Business

The image of Palayan City is bound to change. From rustic, somewhat sleepy city in Nueva Ecija, Palayan City will become dynamic city, offering Palayanos and the whole Novo Ecijanos new and exciting lifestyle.

With plans to make Palayan City a central transport hub already in motion, major infrastructure projects, such as the Central Luzon Link Expressway and NLEx East are projected to make Palayan City the nexus of travel not only within Nueva Ecija, but to other destinations in neighboring provinces as well.

The partnership with the government and the private sector aims to maximize the infrastructure development, an increasingly skilled labor force, and a province set on harnessing long-talent energies for the benefit of the public.

The investments and jobs that the PCBH is bound to generate will enlarge disposable incomes for the public—empowering the consumer base, spurring economic activity, and igniting the engines of progress across the entire province.

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