the downfall of the dictatorship in 1986. The MHSE, through loans from the World Bank, initiated the Bagong Lipunan Improvement of Sites and Services (BLISS) housing projects not only in Metro Manila but also in other provinces. From 1960 to 1992, the government transferred some 328,000 families to resettlement sites 25–40 km from Metro Manila. According to the Asian Coalition on Housing Rights, during Corazon C. Aquino's time, the government would bring some 100,000 persons to relocation sites yearly. During the said period, Sapang Palay and Carmona had a 60% abandonment rate. Congress enacted RA 7279 or the Urban Development and Housing Act (UDHA) in 1992. The law gave a new name for the squatters: informal settlers. Essentially, UDHA gives protection for big private ownership of land in the urban areas, ensuring that these are protected from illegal occupants. The law also widened the scope of private sector participation in the National Shelter Program (NSP). In the middle of the Arroyo administration's term, infrastructure projects of the government led to the demolition of hundreds of thousands of families (from along railways, C4 road, C5 road, and from Fort Bonifacio). During the same period, new relocation sites in Bulacan, Valenzuela and Caloocan opened. Economy The National Capital Region accounts for 36% of the gross domestic product of the Philippines in 2018. Furthermore, it has the highest per capita GDP of the country at ₱183,747. The employment rate in the region is at 91.3% . According to the Brookings Institution, the 2014 share of output by industry in Metro Manila is as follows: trade and tourism: 31.4%, business/finance: 28.6%, local/non-market: 15.6%, manufacturing: 12.5%, transportation: 4.9%, construction: 4%, utilities: 2.8%, and commodities: 0.3%. Metro Manila will add 1.85 million square meters of office spaces between 2015 and 2017 in the central business districts in Makati, Taguig, and Quezon City as more global firms such as Google and HSBC seek to outsource business processes in the Philippines. The vacancy rate for office spaces remains low, at less 3% in the year-end of 2014. Manila remains as the least expensive capital city in the Asia-Pacific to occupy prime office space at an average rent of $22 per square meter per month. Metro Manila makes it to the "Global Top 30" cities according to property consultancy firm Jones Lang LaSalle, citing its economic scale, vast population, large gross domestic product and BPO specialization as its competitive