8912 Asean Ave, an office project of property developer, D.M. Wenceslao and Associates, Inc. (DMW), has been declared a Philippine Economic Zone Authority (PEZA)-registered Information Technology Special Economic Zone.
With approximately 100,000 square meters of floor area, 8912 Asean Ave is now the largest PEZA-accredited office building in DMW’s portfolio. The accreditation further enhances Aseana City’s capacity to support the fast-growing IT-BPM and global services sector at a time when new PEZA-accredited office supply in Metro Manila remains limited.
The addition of 8912 Asean Ave expands Aseana City’s roster of PEZA-registered office developments, which already includes Aseana One, Aseana Two, and Aseana Three, strengthening DMW’s inventory of compliant office spaces for export-oriented locators.
Strategically located along Asean Avenue, the building benefits from direct access to major transport infrastructure, including proximity to Ninoy Aquino International Airport (NAIA), the Parañaque Integrated Terminal Exchange (PITX), and the LRT-1 Redemptorist–Aseana Station. It also offers seamless connectivity to retail, lifestyle, and institutional components within the broader Aseana City estate.
Beyond supporting business expansion, the PEZA accreditation of 8912 Asean Ave aligns with broader nation-building goals by attracting investments that generate employment, develop skills, and reinforce the Philippines’ standing as a global hub for technology-enabled services.
“The PEZA accreditation of 8912 Asean Ave underscores the strength of Aseana City as a business destination,” said Delfin Angelo “Buds” Wenceslao, chief executive officer of DMW.
“It reflects our long-term commitment to building a district that is well-positioned to support high-growth industries, generate quality employment, and contribute meaningfully to the country’s economic development.”
“Over the years, PEZA and Aseana Holdings have worked hand in hand in shaping Aseana City into a thriving business district, one that reflects thoughtful urban planning, strategic location, and a clear understanding of what investors and workers truly need,” said
PEZA Director General Tereso Panga welcomed DWM’s move to shape Aseana City into a thriving business district.
“Developments such as Aseana One, Aseana Two, and Aseana Three have helped position this area as a reliable home for PEZA-registered IT and business process operations. And with this new PEZA-registered project, we especially thank the Aseana Holdings for the strength and continuity of our partnership. 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 this year—the IT industry,” Panga said.
The article was originally published in Manila Standard.
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