Question & AnswerQ&A (PROCLAMATION NO. 1191)
The purpose of Proclamation No. 1191 is to create and designate several parcels of land located in Barangays Linmasangan and Canarvacanan, Binalonan, Pangasinan, as a Special Economic Zone known as NorthLuzon Aero Industrial Park pursuant to Republic Act No. 7916, as amended by RA No. 8748.
It is created and designated as a Special Economic Zone pursuant to Republic Act No. 7916, otherwise known as the "Special Economic Zone Act of 1995," as amended by RA No. 8748.
The President of the Republic of the Philippines has the authority to create and designate Special Economic Zones, upon the recommendation of the Philippine Economic Zone Authority (PEZA).
The aggregate area of the NorthLuzon Aero Industrial Park is approximately Two Hundred Sixty-Two Thousand Six Hundred Sixty square meters (262,660 m2), more or less.
The lands included are defined by titles such as TCT numbers (Transfer Certificate of Title) and technical descriptions based on cadastral surveys and subdivision plans, including various Lot numbers under different survey terms (e.g., Ccs, Pcs, Psd, Vs).
The recommendation was made by the Board of Directors of the Philippine Economic Zone Authority (PEZA).
The Special Economic Zones are governed by the provisions of RA No. 7916, as amended, its Implementing Rules and Regulations (IRR), and relevant PEZA Board of Directors Resolutions.
The technical descriptions and boundaries specifically delineate the exact parcels of land designated as part of the Special Economic Zone, providing legal clarity and preventing disputes over the area.
The Proclamation was signed by then President Rodrigo Roa Duterte and Executive Secretary Salvador C. Medialdea.
The creation as a Special Economic Zone allows the area to enjoy incentives, tax exemptions, and regulatory advantages meant to promote investments, industrial development, employment, and economic growth in that specific location.