Title
Land Inclusion in Lima Tech Center-SEZ
Law
Proclamation No. 1229
Decision Date
Oct 11, 2021
President Duterte designates parcels of land in Lipa City, Batangas for inclusion in the Lima Technology Center-Special Economic Zone, in accordance with the Special Economic Zone Act of 1995, as amended, and the recommendation of the Philippine Economic Zone Authority.
A

Q&A (PROCLAMATION NO. 1229)

The legal basis is Republic Act No. 7916, also known as the Special Economic Zone Act of 1995, as amended.

The President of the Republic of the Philippines, pursuant to the powers vested under RA 7916, as amended.

The Board of Directors of the Philippine Economic Zone Authority (PEZA) recommended the designation.

The total aggregate area designated is Four Hundred Seventy-One Thousand Six Hundred Thirty-Two square meters (471,632 m2), more or less.

The parcels of land include Lots 1-C and 1-D, Psd-39545 (Sp-04-000019-20), and Lots 1 to 3, Pcs-4A-00139, Lots 13986-A to 13986-C, Psd-66501, Lot 13984 and Lot 13985, Cad-218, Lipa Cadastre (Sp-04-000020-20).

The parcels are covered by Transfer Certificates of Title (TCT) Nos. 38886, 38885, T-44361, T-44362, T-44363, T-50554, 072-2014005664, T-44024, T-48745, and 43631 respectively.

Boundaries include San Lucas River with legal easement, properties of Petra Lat, Juana Lucena, Carmino Del Barrio, Magdalena Lat, Benito Mendoza, Macario Mayo, Municipality of Sto. Tomas, and other lots within the Lipa Cadastre.

The proclamation provides bearings, distances, and boundary points documented with PS cylinder concrete monuments measuring 15x40 cms, with bearings based on the grid, dated and approved on specific survey dates.

The use and administration are subject to the provisions of RA No. 7916, as amended, its Implementing Rules and Regulations, and PEZA Board of Directors Resolution No. 19-426 (s.2019).

The proclamation was signed on October 11, 2021.


Analyze Cases Smarter, Faster
Jur helps you analyze cases smarter to comprehend faster, building context before diving into full texts. AI-powered analysis, always verify critical details.