Question & AnswerQ&A (PROCLAMATION NO. 515)
The creation of the Agro-Industrial Economic Zone in Carmen, Cebu is authorized under Republic Act No. 7916, as amended by Republic Act No. 8748, known as the Special Economic Zone Act of 1995.
The President of the Philippines has the authority to create and designate economic zones under RA No. 7916, based on the recommendation of the Philippine Economic Zone Authority (PEZA).
The economic zone created in Cogon West, Carmen, Cebu, is named the Carmen Cebu Gum Industrial Zone.
The total aggregate area of the Carmen Cebu Gum Industrial Zone is Seventy-Five Thousand Nine Hundred Ninety-Two (75,992) square meters, more or less.
The Board of Directors of the Philippine Economic Zone Authority (PEZA) recommended the creation of the Carmen Cebu Gum Industrial Zone.
The boundaries are defined by technical descriptions in Titles of Certificates of Title (TCT Nos. T-74402, T-74401, T-81771) and subdivision plans (Psd-072215-024157 and Psd-072215-024158), with surveys conducted and approved by the Land Management Services Region VII, Cebu City.
The creation is subject to the provisions of RA No. 7916, as amended, including its Implementing Rules and Regulations and applicable resolutions of the PEZA Board of Directors (Resolution Nos. 07-232 (s. 2007) and 11-520 (s. 2011)).
The parcels of land are situated in Barangays Cogon and Luyang, Municipality of Carmen, Province of Cebu, Island of Cebu.
The subdivision surveys were executed by Leopoldo C. Tuastumban, a Geodetic Engineer.
The proclamation was signed on November 28, 2012.