Question & AnswerQ&A (PROCLAMATION NO. 889)
Proclamation No. 889 creates and designates a building and the parcel of land on which it stands in the AFP-RSBS Compound, Taguig City as a Special Economic Zone (Information Technology Center) pursuant to RA No. 7916 as amended by RA No. 8748.
The Special Economic Zone is created and designated pursuant to Republic Act No. 7916, also known as the Special Economic Zone Act of 1995, as amended by Republic Act No. 8748.
The President of the Philippines has the authority to create and designate Special Economic Zones, as evidenced by President Rodrigo Roa Duterte issuing Proclamation No. 889.
The building designated as a Special Economic Zone is named the TDG Innovation and Global Business Solutions Center.
It is located in the Armed Forces of the Philippines - Retirement and Separation Benefits System Compound, Km. 12 East Service Road, C5, Taguig City.
The land parcel has an area of approximately 4,762 square meters.
The land parcel is described as Portion of Lot 2 of subdivision plan CCS-00-000467, part of SWO-00-001302 located in Barangay Western Bicutan, Taguig City, with precise boundaries and surveyed by Geodetic Engineer Kenneth Mark S. Lasala.
The recommendation was made by the Board of Directors of the Philippine Economic Zone Authority (PEZA).
It is governed by RA No. 7916 as amended, its Implementing Rules and Regulations, and PEZA Board of Directors Resolutions Nos. 00-411 (s. 2000), 11-066 (s. 2011), 15-240 (s. 2015), 17-472 (s. 2017), 16-134 (s. 2016), and 18-668 (s. 2018).
January 21, 2020 is the date when President Rodrigo Roa Duterte signed Proclamation No. 889, officially creating and designating the Special Economic Zone.