Question & AnswerQ&A (PROCLAMATION NO. 1070)
The purpose of Proclamation No. 1070 is to create and designate several parcels of land located in Barangays Santor and Balite, Malolos City, Bulacan, as a Special Economic Zone specifically an Information Technology Park, known as the First Bulacan Business Park, pursuant to Republic Act No. 7916, as amended by RA No. 8748.
The designation is pursuant to Republic Act No. 7916, 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 RA No. 7916, as demonstrated by President Rodrigo Roa Duterte in Proclamation No. 1070.
The aggregate area is Two Hundred Fifty-Nine Thousand Sixty-Nine square meters (259,069 m²), more or less.
The Philippine Economic Zone Authority (PEZA) Board of Directors recommended the creation.
Designation as a Special Economic Zone under RA No. 7916 grants certain fiscal and non-fiscal incentives, special regulatory privileges, and establishes the area for priority economic activities such as IT parks, manufacturing, and export-oriented operations subject to PEZA rules and regulations.
The proclamation refers to the Implementing Rules and Regulations of RA No. 7916 as amended, and PEZA Board Resolutions Nos. 00-411 (s. 2000), 04-295 (s. 2014), 17-447 (s. 2017), and 18-278 and 18-372 (s. 2018).
The proclamation lists several titled lots with their respective Transfer Certificate of Title (TCT) or Land Registration Commission (LRC) numbers, such as Lot 7369-A TCT No. RT-21919, Lot 7369-B TCT No. RT-27848, Lot 7369-C TCT No. RT-43586, among others.
President Rodrigo Roa Duterte signed and promulgated Proclamation No. 1070.
The operation within the zone is governed by Republic Act No. 7916, as amended by RA No. 8748, its Implementing Rules and Regulations, and applicable PEZA Board Resolutions.