Designation and Location
- The building to be designated as an Information Technology Center is located at Topaz and Ruby Roads, Ortigas Center, Pasig City.
- It is identified as a portion of Lot 2-C, containing an area of approximately 1,955 square meters.
- The building will be known as Cyberscape Beta.
Technical Description of the Land
- The land parcel is Lot 2-C-2, Psd-00-082605, part of Lot 2-C, Psd-00-071110, under LRC Records Nos. 699, 875, and 917.
- Situated in Barangay Oranbo (San Antonio), Pasig City, Metro Manila, Luzon.
- Detailed boundaries:
- South: Bounded by Lot 2-C-1 of the subdivision plan.
- West: Bounded by Road Lot 17 (Topaz Road).
- North: Bounded by Lot 2-D.
- East: Bounded by Road Lot 6 (Ruby Road).
- The land measurements and bearing details are provided for all boundary lines.
Survey and Survey Markings
- Land survey originally conducted from April 8, 1920, to February 21, 1921.
- Subdivision survey conducted on August 10, 2011, and approved on May 17, 2012.
- Boundary points marked on the ground by Philippine Survey (PS) cylindrical concrete monuments measuring 15 x 40 centimeters.
Effect and Formalization
- The proclamation formalizes the creation and designation of the Information Technology Center under the applicable law and regulations.
- The Executive Secretary, by authority of the President, certifies the proclamation.
- The proclamation was signed and sealed in Manila on November 22, 2012.
Applicable Laws and Implementing Rules
- The creation and designation are subject to Republic Act No. 7916 as amended, its Implementing Rules and Regulations.
- PEZA Board Resolutions Nos. 00-411 (2000) and 11-624 (2011) also govern the designation and implementation.
Legal Significance
- Designation as an Information Technology Center under RA 7916 allows for the building and its land to benefit from special economic zone incentives and regulations.
- The designation signals governmental recognition of the property as suitable for IT-related economic activities, contributing to the growth of the IT sector in the region.