Law Summary
Legal Authority and Basis
- The designation is issued pursuant to Republic Act No. 7916, known as the "Special Economic Zone Act of 1995," as amended by RA No. 8748.
- The proclamation follows the recommendation of the Philippine Economic Zone Authority (PEZA) Board of Directors.
- The Special Economic Zone status is subject to the provisions and regulations under RA No. 7916 and its Implementing Rules and Regulations.
- Also governed by Resolution No. 00-411 (s. 2000) and subsequent amendments including Resolutions Nos. 11-066 (s. 2011), 15-240 (s. 2015), 16-473 (s. 2016), and 17-472 (s. 2017) of the PEZA Board of Directors.
Technical Description and Boundaries
- The land parcel is a portion of Lot 11 of plan Pcs-00-006507 in Barangay Tambo, Paranaque City, Metro Manila.
- The property boundaries are defined by specific lots adjacent to Macapagal Boulevard and Asean Avenue.
- Precise bearings and distances mark the boundaries, enumerated from point to point with exact coordinates.
- Survey details:
- Original survey dated November 3 to December 5, 1988.
- Subdivision survey dated March 9, 2015.
- Current survey and technical description dated September 15, 2016.
Survey and Verification
- The surveys and technical description were carried out and executed by private Geodetic Engineers Jordan A. Marcos and Arnold S. Alberto.
- Verification and certification were done by DENR-NCR officials including Engr. Ignacio R. Almira Jr. and Engr. Sofio B. Quintana.
- Survey monuments are marked with PS cylindrical concrete markers measuring 15x40 cm.
Legal Effect and Enactment
- The proclamation was signed and sealed by the President of the Philippines, Rodrigo Roa Duterte.
- The Executive Secretary Salvador C. Medialdea countersigned the document.
- The proclamation was done in accordance with the Republic's laws and formalities on September 25, 2018, in Manila.
These provisions collectively establish the Aseana 3 BPO Building and the land on which it stands as a designated Special Economic Zone, specifically targeting IT-related economic activities, under the administration and regulatory framework of PEZA, thereby fostering economic development in the area.