QuestionsQuestions (PROCLAMATION NO. 1215)
It is issued pursuant to the President’s powers under Republic Act No. 7916 (Special Economic Zone Act of 1995), as amended by Republic Act No. 8748.
The Board of Directors of the Philippine Economic Zone Authority (PEZA) recommended the designation.
It creates and designates a building located at 1029 EDSA, Veterans Village, Project 7, Quezon City, as an Information Technology Center.
It is to be known as the “Panorama TechnoCenter.”
The proclamation states a gross floor area of 45,166.22 square meters.
It stands on two parcels of land with an aggregate area of 3,000 square meters, more or less, located at 1029 EDSA, Veterans Village, Project 7, Quezon City.
Lot No. 2, Block B-3 (TCT No. N-175772) and Lot No. 3, Block B-3 (TCT No. N-175773), both under Bsd-20171.
They precisely identify and delineate the parcels of land affected by the designation, ensuring clarity of the property subject to the IT Center.
It refers to RA 7916’s implementing rules and regulations and specific PEZA Board resolutions: Resolution No. 00-411 (s. 2000), as amended by Resolution No. 11-066 (s. 2011) and Resolution No. 15-240 (s. 2015), and Resolution No. 15-309 (s. 2015).
It was signed by President Benigno S. Aquino III. The Executive Secretary Paquito N. Ochoa, Jr. also signs “By the President.”
It was done in the City of Manila on February 10, 2016.
It implies the designation’s validity and operation are governed by RA 7916 and its amendments, including compliance with the law’s conditions and regulatory framework.
PEZA Board recommendation → President’s issuance of the proclamation creating/designating the IT Center → operation governed by RA 7916 and its implementing rules/related PEZA resolutions.
They provide traceable, official land registry references identifying the exact titles covered by the designation.