Creation of Eton Centris IT Park in Quezon City

The proclamation is based on Republic Act No. 7916, otherwise known as the Special Economic Zone Act of 1995, and its amendment under Republic Act No. 8748.
It observes resolutions issued by the Board of Directors of the Philippine Economic Zone Authority (PEZA), specifically Resolution No. 00-411 (December 29, 2000) and Resolution No. 07-437 (September 24, 2007).
The Philippine Economic Zone Authority (PEZA) plays a central role in recommending and regulating economic zones within the Philippines.

The designated parcel of land corresponds to Lot RP-3-B-3-A-1-A-2-B-5-J-2 with Transfer Certificate Title (TCT) No. 62821.
Situated in Diliman district, Quezon City, Metro Manila.
Boundaries are clearly defined by adjoining lots and streets: alongside Epifanio Delos Santos Avenue and Quezon Avenue as its southeastern border.
Detailed technical description includes coordinates and precise measurements for each boundary point, based on surveys done between December 1910 - June 1911 and a subdivision survey done on March 4, 1990.

The proclamation officially establishes the area as a special economic zone dedicated to information technology-related enterprises.
Subject to the provisions of the Special Economic Zone Act and applicable governmental regulations, the zone may benefit from incentives and regulatory frameworks designed to promote IT industry growth.
The designation facilitates economic development, technological advancement, and investment within a strategically located urban area.

The proclamation was signed by the President of the Philippines, Gloria M. Arroyo, on August 27, 2008.
The Executive Secretary, Eduardo R. Ermita, countersigned the document.
The declaration includes the official seal of the Republic of the Philippines, ensuring the document's formal and legal binding effect.
The proclamation's approval date of the surveying plans was noted as July 23, 1990, grounding the official land demarcation prior to designation.

Recommendation by the Board of Directors of PEZA.
Presidential issuance of the proclamation pursuant to legal authority under RA 7916 as amended.
Precise technical delineation of the land to be designated.
Formal approval and execution of the proclamation with accompanying legal documentation and technical plans.

Special Economic Zones (SEZs): Designated areas with specific legal and fiscal incentives.
Information Technology Parks: Specialized SEZs focused on promoting IT and IT-enabled Services.
Legal authority of the President in designating SEZs based on PEZA recommendations and existing laws.
Importance of accurate land surveying and registration for establishing economic zones.
Compliance with relevant government resolutions and laws governing the establishment and management of SEZs.