Question & AnswerQ&A (PROCLAMATION NO. 64)
Proclamation No. 64 creates and designates several parcels of land located in Barangay Zone 15, Talisay City, Negros Occidental, as an Information Technology Park pursuant to Republic Act No. 7916 as amended by Republic Act No. 8748.
The Talisay-Ayala Land TechnoHub is established pursuant to Republic Act No. 7916 (Special Economic Zone Act of 1995) as amended by Republic Act No. 8748, including its Implementing Rules and Regulations and relevant Philippine Economic Zone Authority Board Resolutions.
The President of the Philippines, upon recommendation of the Board of Directors of the Philippine Economic Zone Authority, has the authority to create and designate the Information Technology Park under the Special Economic Zone Act.
The Philippine Economic Zone Authority (PEZA) is responsible for recommending the creation and designation of the Information Technology Park.
The total aggregate area is approximately One Hundred Twenty Nine Thousand Four Hundred Fifty (129,450) square meters, more or less.
The land designated is private domain land located at Barangay Zone 15, Talisay City, Negros Occidental.
Key boundaries include several Road Lots with specified widths (e.g., Road Lot 23 at 20.00 meters wide, Road Lot 3 at 30.00 meters wide), adjoining parcels such as Lot 10, Lot 15, National Roads, and various bearing points starting from specific fixed survey markers.
Surveys were conducted by engineers such as Geelo L. Guiao and Percival A. Bacani, with surveys dated 2004 and 2007 and duly approved by relevant authorities.
Republic Act No. 7916, known as the Special Economic Zone Act of 1995, provides the legal framework for creating and managing special economic zones like Information Technology Parks, offering incentives and streamlined regulations to promote economic activity.
The Implementing Rules and Regulations (IRR) and PEZA Board Resolutions provide detailed guidelines, procedures, and standards governing the creation, operation, and management of Information Technology Parks and special economic zones under the law.