QuestionsQuestions (PROCLAMATION NO. 508)
It is based on the President’s powers under Republic Act No. 7916 (Special Economic Zone Act of 1995), as amended, upon the recommendation of the Board of Directors of the Philippine Economic Zone Authority (PEZA).
Republic Act No. 7916 is cited, as amended by Republic Act No. 8748.
A parcel of land in Barangay Larap, Municipality of Jose Panganiban, Province of Camarines Norte, Island of Luzon, with an area of 300,000 square meters, identified as Lot 7042, Cad. 1071-D (Jose Panganiban Cadastre), based on Plan Mr.05-000005.
Three Hundred Thousand (300,000) square meters, more or less.
It provides boundary descriptions with cardinal directions and references to adjoining lots (e.g., Lot 3671, Lot 4672), public land, and an existing runway (50.00 m. wide), using lines identified by numbers (e.g., lines 19-1-2-... ).
They precisely identify and delimit the property being converted/designated as a special economic zone so that the legal boundaries are clear for regulatory and development purposes.
To define the metes and bounds of the zone accurately, allowing the property to be surveyed and verified on the ground.
It states the survey was conducted on June 19–21, 2002 by Geodetic Engineer Jose A. Goc, Jr., and was approved on October 4, 2002.
It states all corners referred to are indicated on the plan and are marked on the ground by P.S. cyl. conc. Mons. 15x40 cm.
The proclamation states it is made pursuant to RA 7916 and its Implementing Rules and Regulations, indicating that zone creation must follow the legal framework and requirements under those IRR.
PEZA Board Resolution No. 99-168 dated 30 June 1999 is referenced as part of the recommendation/authority underlying the zone creation.
The designation triggers the application of the Special Economic Zone legal regime under RA 7916 (e.g., regulatory framework and potential incentives/benefits for registered enterprises), provided other requirements are met.
It indicates formal completion and authenticity of the proclamation as an official act of the Republic, with the President’s signature and the required presidential/executive formalities.