Creation of PHIVIDEC Industrial Authority

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PRESIDENTIAL DECREE NO. 538: Creation of PHIVIDEC Industrial Authority

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Title Source: Supreme Court: Creation of PHIVIDEC Industrial Authority

Law: Presidential Decree No. 538

Decision Date: Aug 13, 1974

Presidential Decree No. 538 establishes the PHIVIDEC Industrial Authority, granting it various powers and tax exemptions to promote economic and social growth in the Philippines, while also giving it the power of eminent domain and exclusive ownership of road networks within its areas.

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