QuestionsQuestions (BI IMMIGRATION MEMORANDUM CIRCULAR NO. SBM-2014-016)
It is issued pursuant to the President’s powers under Republic Act (RA) No. 7916 (Special Economic Zone Act of 1995), as amended by RA No. 8748.
The Board of Directors of the Philippine Economic Zone Authority (PEZA) must recommend it, as stated that the proclamation was upon the recommendation of the PEZA Board.
A building is created and designated as an Information Technology (IT) Center, to be known as the Wilcon IT Hub.
It is called the Wilcon IT Hub, with a gross floor area of 69,665.57 square meters.
Two (2) parcels of land, with an aggregate land area of 7,103 square meters, more or less.
At Pasong Tamo Extension, San Lorenzo Village, Makati City, Metro Manila.
Lot 1-A-1-B-2, TCT No. 227478; and Lot 1-A-1-B-1, TCT No. 227477, both under Psd-13-010216.
To precisely identify the exact location and extent of the real property included in the IT Center designation, ensuring proper legal certainty and alignment with cadastral records.
They show the administrative approvals/amendments by PEZA that support or refine the designation process for the IT Center under RA 7916 and its implementing rules.
It means the designation confers eligibility consistent with RA 7916 and PEZA regulations, and that ongoing operations must comply with the law/IRR and PEZA conditions for IT centers.
Lot 1-A-1-B-2 has an area of 3,551.50 square meters (more or less), and Lot 1-A-1-B-1 also has an area of 3,551.50 square meters (more or less).
It was signed by President Benigno S. Aquino III and countersigned by Paquito N. Ochoa, Jr., Executive Secretary.
It was done in the City of Manila on February 11, 2016.
Gross floor area refers to the total covered/usable building area, while aggregate land area refers to the total area of the land parcels where the building is located.
Philippine legal instruments often rely on cadastral/subdivision plan references (Psd), lot numbers, and TCT numbers, plus boundary and bearing data to avoid ambiguity and to align with land registration records.