Question & AnswerQ&A (PROCLAMATION NO. 907)
Proclamation No. 907 designates the EDSA Central Pavilion and EDSA Central Square in Mandaluyong City as Information Technology Buildings, collectively to be known as the EDSA Central IT Center, pursuant to R.A. No. 7916 as amended by R.A. No. 8748.
The designation is authorized under Republic Act No. 7916, the Special Economic Zone Act of 1995, as amended by Republic Act No. 8748.
The President of the Republic of the Philippines has the authority, upon recommendation of the Philippine Economic Zone Authority (PEZA) Board of Directors.
The Board of Directors of the Philippine Economic Zone Authority (PEZA) recommended the designation.
The parcels are located along Epifanio de los Santos Avenue corner United Street, Barangay Barranca, Mandaluyong City, Metro Manila. The proclamation provides specific technical descriptions and boundaries for each lot, containing a total area of approximately 42,754 square meters.
Key lots include Lot 2 (3,552 sqm), Lot 8 Block 2 (2,479 sqm), Lot 9 Block 2 (2,457 sqm), Lot 1-A (26,211 sqm), Lot 13 Block 1 (147 sqm), Lot 7-A (5,039 sqm), and other subdivision lots totaling around 42,754 square meters.
The Center is subject to the provisions of R.A. No. 7916 as amended, its Implementing Rules and Regulations, and PEZA Board Resolutions Nos. 00-411, 05-006, and 05-058.
R.A. No. 7916, the Special Economic Zone Act of 1995, provides the legal framework for establishing and managing special economic zones including IT buildings with incentives to promote economic development and investment.
The boundaries are marked on the ground with either Old PLS cylindrical concrete monuments (15 x 60 cm) or PLS cylindrical concrete monuments of the same dimensions, as indicated in the respective surveys.
The purpose is to promote the development of information technology-related businesses by officially designating and creating IT buildings under special economic zone status, facilitating investments and operations in the IT sector.