QuestionsQuestions (PROCLAMATION NO. 363)
The authority is under Republic Act No. 7916, the “Special Economic Zone Act of 1995,” as amended by Republic Act No. 8748.
The proclamation states it is “upon the recommendation of the Board of Directors of the Philippine Economic Zone Authority (PEZA).”
It was created as an “Information Technology Center.”
“Limketkai Mall Module-2 BPO & Cyberpark Building.”
Gross floor area: 32,878.21 square meters; land parcel area: about 15,360 square meters (with a technical description indicating 16,380 sq.m., more or less).
It identifies it as “Lot 1-C, Psd-10-013961,” covered by TCT No. T-58751 (Lot 1-C, Psd-10-013961).
It is located in Lapasan, Cagayan de Oro City, Mindanao (Barrio of Lapasan and Poblacion, City of Cagayan de Oro).
The proclamation references PEZA Board Resolutions No. 00-411 (s. 2000) as amended by Nos. 11-066 (s. 2011), 15-240 (s. 2015) and 17-472 (s. 2017), and Resolution No. 16-727 (s. 2016).
Both: the land is referenced to the subdivision plan Psd-10-013961 and described by bearings and distances starting from a marked point (e.g., “Beginning at a point marked a1a...” and listing points 2 through 22).
It is subject to the provisions of RA No. 7916 (as amended), its Implementing Rules and Regulations (IRR), and specific PEZA Board resolutions cited in the text.
It designates both the specific structure (the building) and the underlying land parcel described in the technical description as part of the legally recognized Special Economic Zone.
It defines the exact metes and bounds of the SEZ territory, which affects coverage of investments, regulatory jurisdiction, and eligibility for SEZ incentives under RA 7916/IRR.
It was signed by President Rodrigo Roa Duterte; Salvador C. Medialdea signed as Executive Secretary, as shown in the “By the President” portion.
The proclamation is dated and signed on November 24, 2017; the citation indicates it appears in the Official Gazette issue dated December 11, 2017.
To establish that the proclamation’s effect is grounded in statutory authority and limited by the law’s framework, ensuring compliance with eligibility, governance, and incentive rules set by RA 7916/IRR and PEZA resolutions.