Question & AnswerQ&A (PROCLAMATION NO. 592)
The legal basis is Republic Act No. 7916, or the Special Economic Zone Act of 1995, as amended by Republic Act No. 8748.
The President of the Philippines has the authority to create and designate Special Economic Zones pursuant to the provisions of Republic Act No. 7916, as amended, upon the recommendation of the Board of Directors of the Philippine Economic Zone Authority (PEZA).
The building known as the Aseana 3 BPO Building located at Aseana Avenue corner Macapagal Boulevard, Aseana City, Paranaque City, and the parcel of land upon which it stands, are designated as a Special Economic Zone (Information Technology Center).
The gross floor area of the Aseana 3 BPO Building is Forty-Seven Thousand Eight Hundred Thirty-Four square meters and 24/100 (47,834.24 m2), more or less.
The parcel of land measures Three Thousand One Hundred Thirty-Nine square meters (3,139 m2), more or less.
The Philippine Economic Zone Authority (PEZA) Board of Directors recommended the designation.
The designation is subject to the provisions of RA No. 7916, as amended, its Implementing Rules and Regulations, and certain PEZA Board resolutions including Resolution No. 00-411 (2000), as amended by Resolutions Nos. 11-066 (2011), 15-240 (2015), 17-472 (2017), and Resolution No. 16-473 (2016).
It is a portion of Lot 11 PCS-00-006507, situated in Barangay Tambo, Paranaque City, bounded on the northeast by Lot 21 (Macapagal Boulevard), on the southeast by Lot 12 (Aseana Avenue), and on other sides by portions of Lot 11, with specific boundary points and bearings as detailed in the proclamation.
The original survey was executed by Geodetic Engr. Jordan A. Marcos, verified through a subdivision plan by Geodetic Engr. Arnold S. Alberto and certified by Engr. Ignacio R. Almira Jr., Chief of Surveys and Mapping Division, DENR-NCR, and approved by Engr. Sofio B. Quintana, Assistant Regional Director for Technical Services, DENR-NCR.
The provisions and administration are governed by RA No. 7916, as amended, its Implementing Rules and Regulations, and PEZA Board Resolutions cited in the proclamation.