Question & AnswerQ&A (PROCLAMATION NO. 1064)
The legal basis is 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 designate lands as Special Economic Zones, upon the recommendation of the Board of Directors of the Philippine Economic Zone Authority (PEZA).
The Board of Directors of the Philippine Economic Zone Authority (PEZA) recommended the inclusion.
The aggregate area is One Hundred Forty-Five Thousand Four Hundred Sixty-Eight square meters (145,468 m²), more or less.
The inclusion is subject to the provisions of RA No. 7916 (as amended), its Implementing Rules and Regulations, and PEZA Board Resolution Nos. 18-021 (s. 2018) and 18-482 (s. 2018).
Republic Act No. 7916 is commonly referred to as the Special Economic Zone Act of 1995.
The process must comply with the provisions of Republic Act No. 7916 as amended, its Implementing Rules and Regulations, and relevant PEZA Board Resolutions.
The parcels of land are situated in Barangays San Lucas, Bugtong na Pulo, and Plaridel in Lipa City, and Barangay San Fernando in the Municipality of Malvar, Batangas.
The detailed technical descriptions and boundaries precisely define the land areas being designated as part of the Special Economic Zone to avoid disputes and ensure legal clarity.