Title
Creation of Larap Special Economic Zone
Law
Proclamation No. 508
Decision Date
Dec 2, 2003
Proclamation No. 508 designates a parcel of land in Barangay Larap, Municipality of Jose Panganiban, Camarines Norte as a Special Economic Zone, in accordance with the Special Economic Zone Act of 1995, based on the recommendation of the Philippine Economic Zone Authority.
A

Q&A (PROCLAMATION NO. 508)

The parcel of land was designated as a Special Economic Zone pursuant to Republic Act No. 7916, also known as the Special Economic Zone Act of 1995, as amended by Republic Act No. 8748.

The recommendation came from the Board of Directors of the Philippine Economic Zone Authority (PEZA).

The Special Economic Zone encompasses an area of approximately three hundred thousand (300,000) square meters.

The Implementing Rules and Regulations are provided under Republic Act No. 7916, as amended, and relevant PEZA resolutions such as Resolution No. 99-168.

The technical descriptions, including lot numbers, cadastral details, and bearings, legally define the exact boundaries and location of the Special Economic Zone to avoid disputes and ensure accurate land surveying.

Barangay Larap, Jose Panganiban is located in the Island of Luzon.

All corners referred to in the plan are marked on the ground by Philippine Surveying (P.S.) cylindrical concrete monuments measuring 15x40 cm.

The survey date (June 19-21, 2002) and certification by Geodetic Engineer Jose A. Goc, Jr. provide the official survey data and validation required to establish the accuracy and legality of the land boundaries.

The designation followed Republic Act No. 7916, its amendments, Implementing Rules and Regulations, and Resolution No. 99-168 of the PEZA Board of Directors dated June 30, 1999.


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