Legal basis and governing law
- Proclamation No. 848 is issued pursuant to the powers vested under Republic Act No. 7916, also known as the Special Economic Zone Act of 1995, as amended by Republic Act No. 8748.
- The IT center designation is subject to the provisions of Republic Act No. 7916, its Implementing Rules and Regulations, and applicable PEZA Board of Directors resolutions.
Policy statement and purpose
- Proclamation No. 848 creates and designates a building as an Information Technology (IT) Center under Republic Act No. 7916, as amended.
- The designation is made upon the recommendation of the Board of Directors of the Philippine Economic Zone Authority (PEZA).
Designated IT center: name and nature
- The proclamation creates and designates the building known as “SM Cyber West Avenue”.
- SM Cyber West Avenue is created and designated as an Information Technology (IT) Center.
- The designation is expressly made subject to Republic Act No. 7916, its Implementing Rules and Regulations, and the listed PEZA Board resolutions.
Location and property coverage
- The IT center is located along EDSA corner West Avenue and Bulacan Street, Quezon City.
- The proclamation covers the IT center building standing on two parcels of land.
- The parcels have an aggregate area of Two Thousand Nine Hundred Nine square meters and Fifty square decimeters (2,909.50), more or less.
- The parcels are identified as Lot 1, Block W-24, Bsd-10781 and Lot 2, Block W-24, Bsd-10781.
Lot 1: technical description and area
- Lot 1, Block W-24 (Bsd-10781) is described as a parcel of land in the District of Diliman, Quezon City.
- Lot 1 is bounded on the NE by Lot RP 3-B-2-C of Plan Bsd-7365-C (Highway 54).
- Lot 1 is bounded on the SE by Lot RP 3-B-2-C-3 of Plan Bsd-10532 (West Avenue).
- Lot 1 is bounded on the SW by Lots 3 and 4, Block W-24 of the subdivision plan.
- Lot 1 contains an area of One Thousand Five Hundred Fifteen square meters and Twenty square decimeters (1,515.20), more or less, with points and bearings detailed in the proclamation’s technical description.
Lot 2: technical description and area
- Lot 2, Block W-24 (Bsd-10781) is described as a parcel of land in the District of Diliman, Quezon City.
- Lot 2 is bounded on the NE by Lot RP 3-B-2-C of Plan Bsd-7365-C (Highway 54).
- Lot 2 is bounded on the SE by Lot 1, Block W-24 of the subdivision plan.
- Lot 2 is bounded on the SW by Lot 4, Block W-24 of the subdivision plan.
- Lot 2 is bounded on the NW by Road Lot 28 of the subdivision plan.
- Lot 2 contains an area of One Thousand Three Hundred Ninety-Four square meters and Thirty square decimeters (1,394.30), more or less, with points and bearings detailed in the proclamation’s technical description.
Implementing resolutions and incorporation
- The proclamation incorporates and is subject to PEZA Board of Directors Resolution No. 00-411 (s. 2000), as amended by PEZA Board of Directors Resolution No. 11-066 (s. 2011) and PEZA Board of Directors Resolution No. 12-515 (s. 2012).
- The designation of SM Cyber West Avenue is therefore governed by the requirements and processes under Republic Act No. 7916 and its Implementing Rules and Regulations, together with the referenced PEZA resolutions.