Legal Basis and Authority
- Created under the powers vested by RA 7916 (Special Economic Zone Act of 1995), as amended by RA 8748.
- Recommended by the Philippine Economic Zone Authority (PEZA) Board of Directors.
- Compliance with RA 7916, its Implementing Rules and Regulations, and specified PEZA Board resolutions is required.
Description of the Property
- The IT Center comprises two parcels of land totaling approximately 20,141 square meters located in Sitio Pala-Pala, Brgy. Sampaloc 1, Dasmariñas City, Cavite.
Lot 3886-B-3-B-2
- Area: Approximately 2,033 square meters.
- Located in Barangay Pala-Pala, municipality of Dasmariñas, province of Cavite.
- Boundaries:
- Northwest: Lot 3886-B-3-A
- Northeast and Southeast: Lot 3886-B-3-B-3
- Southwest: Lot 3886-B-2
- Northwest and Southwest: Lot 3886-B-3-B-1
- Boundaries and points are marked with survey monuments; survey dates indicated.
Lot 3886-B-3-B-3
- Area: Approximately 18,108 square meters.
- Also located in Barangay Pala-Pala, Dasmariñas, Cavite.
- Boundaries:
- Northeast: Lot 3886-B-3-B-4
- Southeast: Lot 3886-B-3-B-8
- Southwest: Lot 3886-B-2 (National Road)
- Northwest and Southwest: Lot 3886-B-3-B-2
- Northwest: Lot 3886-B-3-A
- Contains precise survey details with coordinates and bearings.
Formalization and Effectivity
- The proclamation is signed by the President of the Philippines, Benigno S. Aquino III.
- Includes the affixing of the seal of the Republic of the Philippines.
- Executed in Manila on May 28, 2013.
- Countersigned by the Executive Secretary, Paquito N. Ochoa, Jr.
Scope and Compliance
- The declaration subjects the building and land to the rules and benefits under RA 7916 and its amendments.
- Confers the status of an IT Center, granting advantages associated with special economic zones under existing laws and PEZA regulations.
- The designation facilitates development, investment, and operational incentives for IT enterprises located therein.