Question & AnswerQ&A (PROCLAMATION NO. 422)
Republic Act No. 7916, known as the Special Economic Zone Act of 1995, as amended by Republic Act No. 8748, serve as the legal foundations for this designation.
The President of the Philippines holds the authority to create and designate Special Economic Zones, based on the powers vested by RA No. 7916 and its amendments.
The Board of Directors of the Philippine Economic Zone Authority (PEZA) recommended this designation.
The parcel of land designated measures approximately 87,044 square meters.
It is located in Canlubang, Calamba City, Laguna, Philippines.
The inclusion is subject to the provisions of RA No. 7916, as amended, its Implementing Rules and Regulations, and PEZA Board Resolution No. 11-572 (s. 2011).
The boundaries are defined by adjacent lots and road lots as per the consolidation subdivision plan, with bearings and distance measurements marked by PS cylindrical concrete monuments measuring 15 x 60 cm.
They provide the precise location, measurements, and demarcation of the land parcel legally designated as part of the Special Economic Zone to avoid disputes and clarify jurisdiction.
President Benigno S. Aquino III signed the proclamation, and it was countersigned by Paquito N. Ochoa, Jr., the Executive Secretary.
The proclamation officially includes the specified parcel of land within the Carmelray Industrial Park I Special Economic Zone, allowing it to be governed under the special laws and incentives applicable to such zones as provided by RA No. 7916 and RA No. 8748.