Question & AnswerQ&A (PROCLAMATION NO. 380)
The title of the proclamation is Proclamation No. 380, dated December 13, 2017.
The purpose of Proclamation No. 380 is to create and designate a building and the parcel of land upon which it stands as a Special Economic Zone (Information Technology Center) pursuant to R.A. No. 7916, as amended by R.A. No. 8748.
Republic Act No. 7916, known as the Special Economic Zone Act of 1995, as amended by Republic Act No. 8748, serves as the legal basis.
The building designated is known as JY Campos IT Centre.
The building has a gross floor area of 19,693.55 square meters, and the parcel of land area is 2,041 square meters, more or less.
It is located at Lot 5, Block 10, 9th Avenue corner 30th Street, Bonifacio Global City, Fort Bonifacio, Taguig City, Metro Manila.
The recommendation came from the Board of Directors of the Philippine Economic Zone Authority (PEZA).
Other issuances include the Implementing Rules and Regulations of R.A. No. 7916, PEZA Resolutions No. 00-411 (s. 2000), 11-066 (s. 2011), 15-240 (s. 2015), 17-472 (s. 2017), and 16-349 (s. 2016).
The land is described as Lot 5, Block 10, Pcs-00-011796, covered by Transfer Certificate of Title No. 1291, consolidated from various blocks and lots as per surveys dated from 1907 and 2006, with bearings and distances that define its exact boundaries.