Title
Designation of Marina Town Dumaguete as SEZ
Law
Proclamation No. 303
Decision Date
Jul 25, 2023
A building and land in Dumaguete City, Negros Oriental, are designated as a Special Economic Zone to promote economic development and attract investments in the information technology sector, offering incentives and benefits to businesses and investors.
A

Legal Basis and Authority

  • The proclamation is issued under the powers vested in the President of the Republic of the Philippines under RA No. 7916, as amended.
  • Recommendation of the Board of Directors of the Philippine Economic Zone Authority (PEZA) was considered.
  • The law is supplemented by PEZA Board Resolutions (Nos. 00-411, 11-066, 15-240, 17-472, 17-272) and the Implementing Rules and Regulations of RA 7916.

Technical Description and Boundaries of the Land Parcel

  • Parcel Identification: SK-07-000310, which is a portion of Lot 163 and Lot 171-B, Dumaguete Cadastre.
  • Location: Barangay Piapi, Dumaguete City, Negros Oriental, Island of Negros.
  • Boundary points and lines described with specified bearings and distances:
    • Southwest boundary along Portion of Lot 163 and Lot 171-B.
    • Northwest boundary along Lot 171-A.
    • Northeast boundary along Lot 171-C (Flores Avenue).
    • Southeast boundary along Lot 170 and Portion of Lot 163.
  • The survey was consolidated and subdivided on May 20, 2021, and approved on May 17, 2022.
  • All corners are marked with P.S. cylindrical concrete monuments with dimensions 15x40 cms.

Legal and Procedural Formalities

  • The proclamation was signed by the President and attested by the Executive Secretary.
  • The official seal of the Republic of the Philippines was affixed.
  • The date of issuance is July 25, 2023, in the City of Manila.

Scope and Implications

  • The designated area shall operate subject to the provisions of RA 7916 and its amendments.
  • This Special Economic Zone is specifically identified as an Information Technology Center.
  • Facilitates economic activities, investments, and incentives under PEZA rules in the IT sector within the specified location.

Important Legal Concepts

  • Special Economic Zones are defined areas providing incentives and regulatory mechanisms to promote investment and economic growth.
  • The designation process is presidential and requires technical specifications and compliance with existing laws and PEZA regulations.
  • The official survey and detailed boundary descriptions ensure legal clarity and protection of the zone's territorial integrity.

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