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.