Question & AnswerQ&A (PROCLAMATION NO. 381)
The Special Economic Zone in Barangay Pulong Sta. Cruz was created pursuant to Republic Act No. 7916 (The Special Economic Zone Act of 1995), as amended by Republic Act No. 8748, along with its Implementing Rules and Regulations, and resolutions of the former Export Processing Zone Authority (now PEZA).
Proclamation No. 381 formally establishes and designates certain parcels of private domain land in Barangay Pulong Sta. Cruz, Sta. Rosa, Laguna, as a Special Economic Zone under the Special Economic Zone Act.
The proclamation covers Lot 1 and Lot 2 of the consolidation/subdivision plan Pcs-04-005463, and Lot 2222 of Sta. Rosa Estate with the corresponding technical descriptions and boundaries as detailed in the proclamation.
The aggregate area designated as Special Economic Zone amounts to approximately 776,730 square meters, composed of Lot 1 (147,378 sqm), Lot 2 (579,278 sqm), and Lot 2222 (50,074 sqm).
The Philippine Economic Zone Authority (PEZA) is responsible for the administration and oversight of the Special Economic Zone as per the law and resolutions cited.
Designation as a Special Economic Zone allows the area to benefit from incentives for investment and export-oriented economic activities, fostering industrialization and economic growth under special regulatory frameworks.
The technical description with survey dates provides the exact boundaries and area measurements essential for legal clarity, property identification, and to avoid disputes regarding the Special Economic Zone land.
Special Economic Zones in this context are governed under Republic Act No. 7916, as amended by Republic Act No. 8748.
The resolutions (No. 95-045 and No. 02-060) provide the procedural and administrative approvals supporting the creation and designation of the Special Economic Zone consistent with the law.