Question & AnswerQ&A (PROCLAMATION NO. 315)
The main purpose of Proclamation No. 315 is to create and designate the Harvester Corporate Center located at 158 P. Tuazon Boulevard, Cubao, Quezon City, as an Information Technology (IT) Center pursuant to RA No. 7916, as amended by RA No. 8748.
The recommendation was made by the Board of Directors of the Philippine Economic Zone Authority (PEZA).
Designation as an IT Center allows the building and its occupants to avail of special economic zone incentives, including tax holidays and other fiscal and non-fiscal benefits as provided under RA No. 7916 and its Implementing Rules and Regulations.
The Harvester Corporate Center is located at 158 P. Tuazon Boulevard corner Seventh and Eighth Avenue, Cubao, Quezon City, Metro Manila, Luzon.
The Harvester Corporate Center covers an aggregate area of approximately 1,409 square meters.
The implementation is subject to RA No. 7916 as amended, its Implementing Rules and Regulations, PEZA Board Resolution No. 00-411 (s. 2000), as amended by Resolution No. 11-066 (s. 2011), and Resolution No. 11-236 (s. 2011).
Proclamation No. 315 was signed by Benigno S. Aquino III, President of the Philippines, with Paquito N. Ochoa, Jr., Executive Secretary, countersigning.
The detailed technical description and boundaries ensure precise identification and legal demarcation of the designated IT Center property, which is essential for legal clarity and administrative purposes.
The original survey referenced was conducted between April 8 and July 15, 1920.
The Harvester Corporate Center is located within the Barangay of Cubao, Quezon City, Metro Manila.
The designation grants the property and its users the benefits and incentives of a special economic zone under RA No. 7916, promoting IT-related development and investment within the designated area.
The seal of the Republic of the Philippines is affixed to Proclamation No. 315.