Question & AnswerQ&A (PROCLAMATION NO. 279)
The I-Square Building is designated as an Information Technology Center pursuant to Republic Act No. 7916, as amended by Republic Act No. 8748.
The designation is pursuant to Republic Act No. 7916, also known as the Special Economic Zone Act of 1995, as amended by Republic Act No. 8748.
The President of the Philippines has the authority to create and designate special economic zones under Republic Act No. 7916.
It is located on a parcel of land at Meralco Avenue, Ortigas Center, Pasig City.
The parcel of land contains an area of One Thousand Seven Hundred Forty Nine (1,749) square meters, more or less.
The gross floor area is 23,899 square meters, more or less.
Resolution No. 00-411 (s. 2000), Resolution No. 04-295 (s. 2004), and Resolution No. 10-610 (s. 2010) of the PEZA Board of Directors relate to this proclamation.
The land is defined by Technical Description: TCT No. 011-PT-97166, Lot 4, Block 3 (LRC) PSD-105493 and detailed subdivision plans and surveys as stated in the proclamation.
It was signed on October 26, 2011.
The Executive Secretary, Paquito N. Ochoa Jr., also signed the proclamation.