Question & AnswerQ&A (PROCLAMATION NO. 1181)
Proclamation No. 1181 creates and designates the Manila COD Building located at General Romulo Street, Araneta Center, Cubao, Quezon City 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, otherwise known as the Special Economic Zone Act of 1995, as amended by Republic Act No. 8748.
The total area consists of four parcels of land aggregating Three Thousand Four Hundred Ten (3,410) square meters, more or less.
Yes, the parcels are Lot 25-E (TCT No. 234524), Lot 25-F (TCT No. 251181), Lot 25-G (TCT No. 249024), and Lot 21-A-1-A-2-C-3-E-1-D-1-A (TCT No. 73539).
The President of the Republic of the Philippines has this authority, upon the recommendation of the Board of Directors of the Philippine Economic Zone Authority (PEZA), pursuant to Republic Act No. 7916 as amended.
These include Resolution No. 00-411 dated December 29, 2000, and Resolution No. 04-224 dated July 13, 2004, both from the Board of Directors of the Philippine Economic Zone Authority.
It operates subject to the provisions of Republic Act No. 7916 as amended, its implementing Rules and Regulations, and relevant PEZA board resolutions.
It is located in Barangay Socorro, Cubao, Quezon City, Metro Manila.
The proclamation defines the parcels by technical descriptions including lot numbers, subdivision plans, and boundaries, supported by technical survey data and TCT (Transfer Certificate of Title) numbers.