Designation of BTTC Center as IT Center

The property is a building on a 1,857 square meter lot situated at Block 12, Ortigas Avenue corner Roosevelt Street, Barangay Greenhills, San Juan City, Metro Manila.
The lot is identified as Lot 17, Psd-66759, TCT No. 012-2010000040.
It is part of the subdivision plan (LRC) Psd-66759, located in the Bo. of Mapuntod, Municipality of San Juan, Province of Rizal.
Boundaries and technical points are precisely surveyed and described, including surrounding road lots and other lots as reference points.

The building and its lot are specifically created and designated as an Information Technology Center (IT Center).
The designation is in line with the provisions of RA No. 7916 and its Implementing Rules and Regulations.
The relevant PEZA Resolutions guiding this designation include Resolution No. 00-411 (s. 2000), amended by Resolution Nos. 11-066 (s. 2011) and 11-235 (s. 2011).

Original survey dates back to April 8, 1920, and February 21, 1921; subdivision survey was conducted from October 1, 1966, to January 14, 1967.
Boundaries are marked on the ground with Philippine Standard cylindrical concrete monuments.
Coordinates and bearings are true and documented to ensure accuracy of location.

The proclamation is signed by the President of the Philippines and officially sealed.
The Executive Secretary, by authority of the President, countersigns the proclamation.
This legal act officially creates and designates the building as an Information Technology Center under the legal framework provided.

The designation promotes the development of special economic zones targeted for IT-related businesses and activities.
It provides the legal basis for preferential treatment, tax incentives, and regulatory framework under PEZA for entities operating within the designated property.
The law facilitates the Philippines’ efforts to attract foreign and local investors in the IT sector through this proclamation.