Question & AnswerQ&A (PROCLAMATION NO. 850)
The primary purpose of Proclamation No. 850 is to designate several parcels of land located in Barangay Solana, Jasaan, Misamis Oriental, for inclusion in the existing Jasaan Misamis Oriental Ecozone pursuant to Republic Act No. 7916, as amended.
The designation was made upon the recommendation of the Board of Directors of the Philippine Economic Zone Authority (PEZA).
The total aggregate area designated is Seventy-Six Thousand Four Hundred Eighty-Nine Square Meters (76,489 m²), more or less.
The land parcels are covered by Transfer Certificates of Title (TCT) with specific numbers such as T-46262, T-46263, T-46264, T-50376, T-46265, among others as specified in the proclamation.
They are situated in Barangay Solana, Municipality of Jasaan, Province of Misamis Oriental, Island of Mindanao.
The provisions governing its implementation include Republic Act No. 7916 as amended, its Implementing Rules and Regulations, and Philippine Economic Zone Authority Board of Directors Resolutions No. 17-643 (s. 2017), as amended by Resolution No. 18-413 (s. 2018).
Inclusion under RA No. 7916 allows the designated land parcels to benefit from the fiscal and non-fiscal incentives afforded by the Special Economic Zone Act, including tax holidays, simplified import and export procedures, and other regulatory advantages to encourage economic activity and development.
Each parcel's designation is accompanied by detailed technical descriptions, boundaries, bearings, and original survey information executed and approved by licensed survey engineers, which serve as the basis for defining the exact land area included in the ecozone.