Scope and Location Details
- The designated area covers a building with a gross floor area of approximately 5,276.13 square meters.
- Includes three parcels of land described by official survey plans and titles, with respective sizes of 117 m², 118 m², and 576 m².
- Each parcel is defined by precise technical land survey details, including bearings and boundary descriptions.
Technical Survey and Approvals
- Surveys conducted by licensed geodetic engineers and public land surveyors.
- Survey dates range from 1964 to 2015, with official approvals by relevant authorities.
- Boundary markers on the ground are specified with concrete monuments of varying sizes.
Legal and Administrative Framework
- The designation is subject to the provisions of RA No. 7916 as amended, its Implementing Rules and Regulations.
- Adheres to pertinent PEZA Board Resolutions governing the creation and administration of economic zones.
Execution and Authentication
- The proclamation was signed by the President of the Philippines, Ferdinand R. Marcos, Jr., and countersigned by the Executive Secretary.
- Formal issuance took place in Manila on July 17, 2023, with the official seal affixed.
Key Legal Concepts
- The Special Economic Zone status conferred enables incentives and regulatory advantages as provided under the applicable laws.
- The focus on the Information Technology Center aligns with the government's strategy to bolster IT industry development within designated economic zones.
- Precise legal descriptions ensure clarity in jurisdiction, administrative authority, and regulatory compliance over the designated area.