Question & AnswerQ&A (PROCLAMATION NO. 1110)
The legal basis is Republic Act No. 7916, known as the Special Economic Zone Act of 1995, as amended by Republic Act No. 8748.
The President of the Philippines, upon recommendation of the Board of Directors of the Philippine Economic Zone Authority (PEZA), has the authority to create and designate Special Economic Zones.
It is a building and parcel of land located along Frontera Verde Drive, Frontera Verde, E. Rodriguez Avenue, Barangay Ugong, Pasig City, designated as a Special Economic Zone (Information Technology Center) called Silver City 1A.
It is governed under RA No. 7916 and its Implementing Rules and Regulations, as well as various PEZA Board Resolutions including No. 00-411 (s. 2000), 11-066 (s. 2011), 15-240 (s. 2015), 17-472 (s. 2017), 16-633 (s. 2016), and 18-420 (s. 2018).
The area covers approximately One Thousand Eight Hundred Seventy-One square meters (1,871 m2), more or less.
It is designated as an Information Technology Center, which means it is intended for IT-related economic activities.
It is defined by a technical description involving portions of Lots 5-B-1-B-1 and 5-B-1-A, with detailed geographic bearings and distances marked by PS cylinder concrete monuments.
DENR-NCR verified, checked, and noted the sketch plan and technical description of the designated parcel of land as per their official survey process.
The proclamation legally establishes the area as a Special Economic Zone, allowing it to benefit from incentives and regulatory frameworks under RA No. 7916 to promote economic development.
The proclamation was signed by President Rodrigo Roa Duterte and the Executive Secretary, Salvador C. Medialdea.