QuestionsQuestions (PROCLAMATION NO. 672)
The President acted pursuant to Republic Act (RA) No. 7916 (Special Economic Zone Act of 1995), as amended by RA No. 8748, particularly the authority granted to create and designate economic zones/IT parks, and subject to the requirements thereunder and applicable PEZA rules and resolutions.
The recommendation came from the Board of Directors of the Philippine Economic Zone Authority (PEZA).
It is known as the SM City North EDSA Complex, located at EDSA corner North Avenue, Quezon City.
The area is Twenty-Six Thousand Seven Hundred Forty-One square meters (26,741 m²), more or less.
It is a portion of Lot 1 (LRC) Psd-104291, covered by TCT No. 118507, being a portion of Lot 1 of the subdivision plan (LRC) Psd-104291.
To precisely identify the boundaries and location of the land parcel intended to be designated as an IT Park, ensuring certainty in the coverage of the proclamation.
They indicate the parcel’s perimeter limits in each compass direction, each referencing specific adjoining lots/road lots and subdivision plans.
They are part of the legal basis and governance for the IT Park designation—specifically PEZA Board Resolution No. 00-411 (s. 2000), as amended by Resolution Nos. 04-295 (s. 2004) and 14-665 (s. 2014).
It states that the parcel is created and designated “subject to” RA 7916 as amended, its Implementing Rules and Regulations, and the relevant PEZA Board resolutions.
It means the IT Park designation is not absolute; it must comply with the statutory requirements, implementing rules, and PEZA regulations/resolutions governing the operation, administration, and limitations of economic zones.
It was signed by Rodrigo Roa Duterte as President, with Salvador C. Medialdea signing as Executive Secretary (By the President).
To further locate and contextualize the parcel within the proper geographic and administrative boundaries for identification and record purposes.
It provides geodetic/survey control to accurately establish the starting point and overall coordinates of the parcel, improving precision and reducing disputes about boundaries.
Whether the designated IT Park coverage aligns with the portion covered by the TCT and the subdivision plan, and how any discrepancies between survey plans and title descriptions should be reconciled under property and zoning/zone designation principles.