Title
Creation of Cebu Exchange IT Center
Law
Proclamation No. 1379
Decision Date
May 31, 2022
President Rodrigo Roa Duterte designates the Cebu Exchange building in Cebu City as an Information Technology Center under Republic Act No. 7916, creating opportunities for economic growth and development in the area.

Questions (PROCLAMATION NO. 1379)

The President acts pursuant to Republic Act (RA) No. 7916, the “Special Economic Zone Authority Act of 1995,” as amended.

The proclamation states it is upon the recommendation of the Board of Directors of the Philippine Economic Zone Authority (PEZA).

It creates and designates a building and its land as a Special Economic Zone, specifically an Information Technology Center.

The IT Center is known as “Cebu Exchange.”

The proclamation specifies a gross floor area of 108,504 square meters (108,504 m²).

The parcels of land have an area of 8,440 square meters (8,440 m²), more or less.

It is located in Barangay Lahug, Cebu City.

For Lot 2 (Banilad Estate), it cites TCT No. 107-2015002572 and consolidation-subdivision plan Pcs-4471; for Lot 920 (Banilad Estate), it cites TCT No. 107-2015002571.

Lot 2 is stated to contain an area of 5,343 square meters (5,343 m²), more or less.

Lot 920 is stated to contain an area of 3,097 square meters (3,097 m²), more or less.

To precisely identify the parcels of land covered by the designation through a technical survey description (e.g., bearings, lines to points, and adjoining lots).

It indicates the designation and operation of the zone must comply with the substantive and procedural requirements of RA 7916, its Implementing Rules and Regulations, and the specific PEZA resolutions governing the zone’s approval/parameters.

The text references PEZA Board of Directors Resolution No. 00-411 (s. 2000) as amended by Resolution Nos. 11-006 (s. 2011), 15-240 (s. 2015), and 17-472 (s. 2017), and it also mentions Resolution No. 16-726 (s. 2016).

It is dated May 31, 2022 and done in the City of Manila.

These clauses reflect formal legislative/executive promulgation—showing that the proclamation is officially issued by the President and the Republic’s seal is affixed, with the proper signatures and attestations.


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