Title
Creation of AFP-RSBS IT Special Economic Zone
Law
Proclamation No. 889
Decision Date
Jan 21, 2020
President Duterte issues Proclamation No. 889 designating a building and land as a Special Economic Zone, in accordance with the Special Economic Zone Act of 1995, to promote economic growth and development in Taguig City, Metro Manila.
A

Designation and Location of the Special Economic Zone

  • Creation of a building named "TDG Innovation and Global Business Solutions Center" as a Special Economic Zone.
  • The building has a gross floor area of 10,404 square meters.
  • The parcel of land where the building is located covers approximately 4,762 square meters.
  • Location: Armed Forces of the Philippines - Retirement and Separation Benefits System Compound, Km. 12 East Service Road, C5, Taguig City, Metro Manila, Luzon.

Scope and Application

  • The area designated as a Special Economic Zone is classified as an Information Technology Center.
  • The designation is subject to compliance with RA No. 7916, as amended, its Implementing Rules and Regulations, and PEZA's applicable Board Resolutions.

Technical Description of the Land

  • The land is a portion of Lot 2, subdivision plan CCS-00-000467, which forms part of survey plan SWO-00-001302.
  • Situated in Barangay Western Bicutan, Taguig City.
  • Boundaries described with directions and distances between seven marked points.
  • Total declared area is approximately 4,762 square meters.
  • Land survey was conducted by a licensed Geodetic Engineer, with specific survey dates provided.

Legal and Procedural Formalities

  • Survey data and boundary points are certified and marked on the ground with concrete monuments.
  • Survey certification provided by the Chief of Surveys and Mapping Division, Land Management Services, Department of Environment and Natural Resources.
  • The proclamation is signed and sealed by the President and countersigned by the Executive Secretary.

Important Legal Concepts and Implications

  • The designation under RA 7916 as amended allows for special incentives and regulatory framework for investments and activities within the zone.
  • The Information Technology Center status aims to promote IT-related businesses and economic activities.
  • The defined boundaries and certified survey ensure clarity of the land area subject to the special economic zone status.
  • Compliance with PEZA Board Resolutions ensures adherence to governance and regulatory controls specific to special economic zones.

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