Question & AnswerQ&A (PROCLAMATION NO. 1602)
The creation of the Information Technology Park in Quezon City is authorized under Republic Act No. 7916, also known as the Special Economic Zone Act of 1995, as amended by Republic Act No. 8748.
The IT Park created by Proclamation No. 1602 is officially known as Eton Centris.
The designated IT Park is located at Epifanio Delos Santos Avenue Corner Quezon Avenue, Barangay Pinyahan, Diliman District, Quezon City, Metro Manila.
The designated land parcel has an area of One Hundred Nineteen Thousand Seven Hundred Ninety Three (119,793) square meters, more or less.
The technical boundaries and description are based on subdivision plan Psd-13-009328 and survey records including LRC Rec. No. 7681 and survey dates December 1910 - June 1911 and March 4, 1990.
The creation and designation of the IT Park were made upon the recommendation of the Board of Directors of the Philippine Economic Zone Authority.
The proclamation references Resolution No. 00-411 dated December 29, 2000, and Resolution No. 07-437 dated September 24, 2007, of the PEZA Board of Directors.
The designation aims to develop the land as a special economic zone primarily for IT-related industries, promoting economic growth, investment, and employment in accordance with Republic Act No. 7916 as amended.
The proclamation creates and designates the specified parcel of land as a special economic zone—in this case, an IT Park—subject to the provisions of the Special Economic Zone Act and related regulations, thus providing specific benefits and incentives to enterprises located therein.