Question & AnswerQ&A (PROCLAMATION No. 65)
The purpose of Proclamation No. 65 is to create and designate several parcels of private domain land located at Jose Romero Sr. Street, Barangay Bagacay, Dumaguete City, Negros Oriental, as an Information Technology Park pursuant to Republic Act No. 7916 as amended by Republic Act No. 8748.
Republic Act No. 7916, known as the Special Economic Zone Act of 1995, as amended by Republic Act No. 8748, grants the President the power to create and designate special economic zones including Information Technology Parks.
The creation of the LP Information Technology Park was recommended by the Board of Directors of the Philippine Economic Zone Authority (PEZA).
The total aggregate area of the LP Information Technology Park is Twenty Thousand Nine Hundred Thirteen (20,913) square meters, more or less.
The proclamation lists several parcels of land including Lot 4-A, Lot 4-B, Road Lot 4-C, Lot 3-B, Lot 3-C, Lot 3-D, Lot 5-A, and Lot 5-B, which are all portions of lots in Barangay Bagacay, Dumaguete City.
The technical descriptions and boundaries define the precise location, dimensions, and extent of each parcel of land constituting the Information Technology Park, ensuring legal clarity and avoiding disputes regarding the park's area.
The Information Technology Park is subject to the provisions of Republic Act No. 7916 as amended, its implementing rules and regulations, and specific resolutions by the PEZA Board such as Resolution No. 00-411 and Resolution No. 10-134.
The geodetic surveys were approved by the Regional Technical Director, Bureau of Lands, Cebu City.
PEZA plays the role of recommending the designation of the Information Technology Park and administering the economic zone pursuant to the law and its implementing rules.
President Benigno S. Aquino III signed Proclamation No. 65 on November 12, 2010.