Designation of Blue Wave Marikina as IT Center

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PROCLAMATION NO. 1617: Designation of Blue Wave Marikina as IT Center

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Title Source: Supreme Court: Designation of Blue Wave Marikina as IT Center

Law: Proclamation No. 1617

Decision Date: Sep 8, 2008

Gloria Macapagal-Arroyo designates the Blue Wave Marikina, a 7,624.07 square meter site along Sumulong Highway, as an Information Technology Center under the Special Economic Zone Act, enhancing the region's economic development.

Creation and Designation of the Blue Wave Marikina as an Information Technology Center

The Blue Wave Marikina building is officially created and designated as an Information Technology Center.
The center is located along Sumulong Highway corner G. Fernando Avenue, Marikina City.
The designation aims to promote the development of IT-related industries within the specified area.

Location and Property Description

The property stands on a parcel of private land with an area of approximately 7,624.07 square meters.
The parcel is a portion of Lot 6, Pcs-34498, situated in Barangay Sto. Nino, Marikina City, Metro Manila.
It is bounded as follows:
- Northeast: Lot 6-B (Subdivision Plan)
- Southeast: Lot 6-B-2 (LRC, Psd-317544)
- Southwest: Lot 8 (LRC, Pcs-25783, Sumulong Highway)
- Southwest: Lot 9 (LRA, Pcs-34498, Fernando Avenue)

Technical and Survey Details

The parcel’s boundaries are described with precise bearings and distances connecting marked points on the ground, including old Philippine Survey (PS) cylindrical concrete monuments.
The document provides a detailed traverse starting from a reference point (BLBM No. 1, Bayanbayanan, Marikina City) and lists each boundary line's direction and length.

Legal Effect and Implementation

The proclamation carries the force of law, officially recognizing the Blue Wave Marikina as an Information Technology Center subject to the applicable provisions of RA 7916 and PEZA rules.
This designation allows the area to participate in incentives and benefits under the Special Economic Zone framework aimed at attracting IT businesses and investors.

Formal Execution

The proclamation was signed by the President of the Philippines, Gloria Macapagal-Arroyo, and sealed by the Republic of the Philippines.
The Executive Secretary, Eduardo R. Ermita, countersigned the document as formal proof of enactment.
The signing took place in Manila on September 8, 2008, making the designation legally effective from that date.

END