PROCLAMATION NO. 1389

: The legal basis is Republic Act No. 7916, as amended, also known as the Special Economic Zone Act of 1995.
: The President of the Republic of the Philippines has the authority, upon recommendation of the PEZA Board of Directors, to designate lands as Special Economic Zones.
: The Philippine Economic Zone Authority (PEZA) Board of Directors recommended the inclusion.
: The total area is approximately 415,118 square meters.
: The inclusion is subject to the provisions of RA No. 7916, as amended, its Implementing Rules and Regulations, and PEZA Board of Directors Resolution No. 15-026 (s. 2015).
: President Rodrigo Roa Duterte signed the Proclamation on June 10, 2022.
: Transfer Certificate Titles (TCT) are used to identify specific parcels of land.
: Each parcel is described with lot and block numbers, TCT numbers, technical boundary descriptions, survey dates, and area measurements.
: It implies compliance with PEZA's resolutions governing the administration and operation of Special Economic Zones.
: The designation was made effective on June 10, 2022, as per Proclamation No. 1389.
: It regulates the creation, operation, and management of Special Economic Zones in the Philippines to promote investments, export-oriented industries, and economic growth.
: The designation and operation are governed by RA No. 7916, its Implementing Rules and Regulations (IRR), and pertinent PEZA Board Resolutions.