Title
Designation of Cyberscape Beta as IT Center
Law
Proclamation No. 510
Decision Date
Nov 22, 2012
President Benigno S. Aquino III designates Cyberscape Beta, a building in Ortigas Center, Pasig City, as an Information Technology Center in accordance with Republic Act No. 7916, promoting investments and economic development in the designated special economic zone.
A

Q&A (PROCLAMATION NO. 510)

The legal basis is 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, upon recommendation of the PEZA Board of Directors.

Proclamation No. 510 officially creates and designates the building located at Topaz and Ruby Roads, Ortigas Center, Pasig City, as an Information Technology Center known as Cyberscape Beta.

The area size is One Thousand Nine Hundred Fifty-Five (1,955) square meters, more or less.

The recommendation came from the Board of Directors of the Philippine Economic Zone Authority (PEZA).

It is located at Topaz and Ruby Roads, Ortigas Center, Pasig City, Metro Manila, Island of Luzon.

The technical description is detailed in the subdivision plan Psd-00-082605 and related land registration certificates.

The operations are governed pursuant to RA No. 7916, as amended by RA No. 8748, including its Implementing Rules and Regulations and PEZA Board Resolutions Nos. 00-411 and 11-624.

They are the Implementing Rules and Regulations of RA No. 7916, and Resolution Nos. 00-411 (s. 2000) and 11-624 (s. 2011) of the PEZA Board of Directors.

The proclamation was signed by President Benigno S. Aquino III, and authenticated by Executive Secretary Paquito N. Ochoa, Jr.


Analyze Cases Smarter, Faster
Jur helps you analyze cases smarter to comprehend faster, building context before diving into full texts. AI-powered analysis, always verify critical details.