Title
Designation of JG Summit Center as IT Center
Law
Proclamation No. 1133
Decision Date
Sep 1, 2006
Proclamation No. 1133 designates the JG Summit Center in Makati City, Philippines as an Information Technology Center, in accordance with the Special Economic Zone Act of 1995, as amended, and the recommendations of the Philippine Economic Zone Authority.
A

Q&A (PROCLAMATION NO. 1133)

The main subject is the creation and designation of the JG Summit Center located at 6783 Ayala Avenue, Makati City as an Information Technology Center pursuant to Republic Act No. 8748.

It was designated under Republic Act No. 7916 (the Special Economic Zone Act of 1995) as amended by Republic Act No. 8748, and upon the recommendation of the Philippine Economic Zone Authority (PEZA).

Proclamation No. 1133 was signed by Gloria Macapagal-Arroyo, the President of the Republic of the Philippines at that time.

The JG Summit Center stands on two parcels of land at 6783 Ayala Avenue, Salcedo Village, Barangay Bel-Air, Makati City, with a combined aggregate area of approximately 2,430 square meters.

The parcels are Lot 12 Block 3 (TCT No. 197346) with an area of about 1,230 square meters, and Lot 13 Block 3 (TCT No. 197347) with an area of about 1,200 square meters, described with precise technical details in the proclamation.

The resolutions referenced are Resolution No. 00-411 dated December 29, 2000, and Resolution No. 04-387 dated November 22, 2004 of the Board of Directors of PEZA.

The President is authorized under Republic Act No. 7916 as amended (special economic zone act) and its implementing rules and regulations to create and designate economic zones and IT Centers.

Designation as an IT Center allows the building to operate as a special economic zone with privileges and incentives granted under RA 7916 and related PEZA rules, promoting IT industry growth.

The designation was recommended by the Board of Directors of the Philippine Economic Zone Authority (PEZA).

The boundaries are defined using subdivision plans identified by technical survey references, bearings, clearance points, and official land titles recognized by the Land Registration Authority.


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