Title
Designation of Panorama TechnoCenter as IT Center
Law
Proclamation No. 1215
Decision Date
Feb 10, 2016
President Benigno S. Aquino III designates a building in Quezon City as an Information Technology Center, in accordance with the Special Economic Zone Act of 1995, to be known as the Panorama TechnoCenter.

Legal basis, PEZA recommendation

  • Republic Act No. 7916 governs the authority to create and designate zones and related facilities.
  • Republic Act No. 8748 amends Republic Act No. 7916 and forms part of the legal basis for the designation.
  • The President acts upon the recommendation of the Board of Directors of the Philippine Economic Zone Authority (PEZA).
  • The proclamation is subject to Republic Act No. 7916, including its Implementing Rules and Regulations, and PEZA Board resolutions.

Subject property and location

  • The IT center is a building located at 1029 EDSA, Veterans Village, Project 7, Quezon City.
  • The building has a gross floor area of 45,166.22 square meters.
  • The building stands on two parcels of land with an aggregate area of 3,000 square meters, more or less.
  • The location is described through Lot No. 2, Block B-3 and Lot No. 3, Block B-3, both under Subdivision plan Bsd-20171.

Land identification details

  • Lot No. 2, Block B-3 (Bsd-20171; TCT No. N-175772) is a portion of R. P. 3-B-2-C-1 of plan Bsd-10532, with GLRO Rec. No. 7681.
  • Lot No. 2, Block B-3 is situated in the District of Diliman (now Veterans Village), Quezon City.
  • Lot No. 2, Block B-3 has specific bounding lots including Highway 54 on the NE and adjacent lots on the SE, SW, and NW as described in the proclamation.
  • Lot No. 3, Block B-3 (Bsd-20171; TCT No. N-175773) is a portion of R. P. 3-B-2-D-1 of plan Bsd-10532, with GLRO Rec. No. 7681.

Technical description of the parcels

  • The proclamation provides that each parcel’s boundaries and metes-and-bounds are determined from a point marked “a1a” on the plan.
  • Lot No. 2, Block B-3 contains 1,500 square meters, more or less.
  • Lot No. 3, Block B-3 contains 1,500 square meters, more or less.
  • The metes-and-bounds descriptions include bearings (True; declination 0 deg. 50a E.) and reference to ground monuments (PS cyl. conc. mons. 15 x 60 cms.).
  • The proclamation identifies the survey dates as December 1910–June 1911 and subdivision survey dates as 06 July a 11 August 1953 for the parcels’ referenced surveys.

PEZA Board resolutions and implementing framework

  • The designation is made subject to PEZA Board of Directors Resolution No. 00-411 (s. 2000), as amended.
  • The proclamation recognizes amendments through Resolution No. 11-066 (s. 2011) and Resolution No. 15-240 (s. 2015).
  • The proclamation also references PEZA Board of Directors Resolution No. 15-309 (s. 2015).
  • The designation operates within the framework of Republic Act No. 7916 and its Implementing Rules and Regulations.

Effectivity, signing, and publication information

  • Proclamation No. 1215 is dated February 10, 2016.
  • The proclamation was issued and is published in 112 OG No. 13, 1705 (March 28, 2016).

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