Title
Creation of Aeon Towers SEZ in Davao City
Law
Proclamation No. 660
Decision Date
Jul 8, 2004
President Duterte signs Proclamation No. 660 designating Aeon Towers and parcels of land in Davao City as a Special Economic Zone, in accordance with the Special Economic Zone Act of 1995, as amended, and the resolutions of the Philippine Economic Zone Authority Board of Directors.
special economic zone
information technology center
davao city
A

Designation of the Special Economic Zone

  • The proclamation creates and designates a specific building known as Aeon Towers and the parcels of land upon which it stands as a Special Economic Zone.
  • The location of the designated zone is along J.P. Laurel Avenue, Barangay 20-B, Bajada, Davao City.
  • The Aeon Towers has a gross floor area of approximately 88,428.18 square meters.
  • The total land area designated is approximately 4,574 square meters.

Scope and Coverage

  • The designation applies strictly to the specified building (Aeon Towers) and the parcels of land described in technical details.
  • The parcels of land are identified with specific titles and lot numbers, covered by Transfer Certificates of Title (TCT).
  • The parcels include Lot 519-A-2-A-5-C, Lot 519-A-2-A-5-B-1, and Lot 519-A-2-A-5-B-2, located in Davao City, Island of Mindanao.

Technical Description of the Parcels

  • Each parcel is described through precise boundaries, neighboring lots, bearing angles, and distances.
  • Survey and subdivision plans are cited, including dates and the names of authorized geodetic engineers.
  • The areas of the parcels are 1,000 square meters, 1,300 square meters, and 2,274 square meters, respectively.
  • Markers on the ground correspond to points indicated in the plan, validated by official surveys from as early as 1916 to latest subdivision surveys in the 1990s.

Governing Rules and Regulations

  • The designation is subject to the provisions of:
    • Republic Act No. 7916, as amended.
    • Implementing Rules and Regulations related to this Act.
    • PEZA Resolutions No. 00-411 (s. 2000), 11-066 (s. 2011), 15-240 (s. 2015), 17-472 (s. 2017), and 13-341 (s. 2013).

Legal Effect and Implementation

  • The Special Economic Zone (Information Technology Center) status allows for the operation and implementation of activities consistent with the law and PEZA regulations.
  • The proclamation is officially effective as of February 4, 2019, the date of signing in Manila.

Signatories and Authentication

  • The document is signed by the President of the Philippines, Rodrigo Roa Duterte.
  • The Executive Secretary, Salvador C. Medialdea, signs on behalf of the President.
  • The seal of the Republic of the Philippines is affixed to authenticate the proclamation.

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