Title
Designation of Circuit Corporate Center 2 as IT SEZ
Law
Proclamation No. 1392
Decision Date
Jun 13, 2022
President Rodrigo Roa Duterte creates a Special Economic Zone in Makati City, designating Circuit Corporate Center 2 as an Information Technology Center in accordance with Republic Act No. 7916.
special economic zone
information technology center
proclamation
A

Legal Basis and PEZA Resolutions

  • Republic Act No. 7916 (Special Economic Zone Act of 1995), as amended, vests the President with powers to create and designate special economic zones.
  • The President acts upon the recommendation of the Board of Directors of the Philippine Economic Zone Authority (PEZA).
  • Proclamation No. 1392 is made subject to the provisions of Republic Act No. 7916, as amended, and its Implementing Rules and Regulations.
  • Proclamation No. 1392 recognizes PEZA Board of Directors Resolution No. 00-411 (s. 2000) as amended.
  • PEZA Board resolutions referenced as amendments include Resolution No. 11-006 (s. 2011), 15-240 (S. 2015), 17-472 (s. 2017), and Resolution No. 14-358 (s. 2014), as amended by Resolution No. 19-383 (s. 2019).

Purpose: IT Center SEZ Creation

  • Proclamation No. 1392 creates and designates a building and the parcel of land where it stands as an Information Technology Center under the framework of Republic Act No. 7916.
  • Proclamation No. 1392 designates the SEZ as Circuit Corporate Center 2.
  • Proclamation No. 1392 establishes the SEZ’s status subject to Republic Act No. 7916, its Implementing Rules and Regulations, and applicable PEZA Board resolutions.

Covered Site: Building and Land Parcel

  • Circuit Corporate Center 2 is located along 3 Theater Drive, Circuit, Barangay Carmona, Makati City.
  • The designated building has a gross floor area of Forty-Six Thousand Eight Hundred Seventeen square meters (46,817 m²), more or less.
  • The designated land area has a size of Three Thousand Five Hundred Seventy-Two square meters (3,572 m²), more or less.
  • The land is covered by the parcel and title identifiers stated in the proclamation, including:
    • Lot 5-C
    • Psd-00-091383
    • TCT No. 006-2017000040
  • The land is identified as a portion of TCT No. 006-2017000040, described as Lot 5-C of the subdivision plan Psd-00-091383, being a portion of Lot 5, Pcs-00-014183.
  • The parcel is situated in Barangay Carmona, City of Makati, National Capital Region, Island of Luzon.

Technical Land Description and Boundaries

  • Proclamation No. 1392 defines the parcel’s boundaries by reference to the subdivision plan Psd-00-091383:
    • Bounded on the NE. along line 1-2 by Lot 5-E.
    • Bounded on the SE. and SW. along lines 2-3-4-5 by Lot 5-F.
    • Bounded on the NW. along line 5-1 by Lot 5-G.
  • The technical description begins at a point marked “1” on the plan:
    • N. 64 deg. 46' W., 1,727.02 m. from BLLM No. 1, City of Makati.
  • The proclamation sets out the route to the point of beginning through the numbered points and bearings/distance measurements, including segments:
    • S. 77 deg. 50' E., 61.04 m.
    • S. 12 deg. 10' W., 50.13 m.
    • S. 49 deg. 58' W., 9.43 m.
    • N. 77 deg. 50' W., 58.00 m.
    • N. 14 deg. 53' E., 57.64 m.
  • Proclamation No. 1392 states the parcel contains an area of Three Thousand Five Hundred Seventy-Two Square Meters (3,572 m²), more or less.
  • Proclamation No. 1392 states the bearings are True, and that all points are indicated on the plan and marked on the ground by old P.S. & P.S. cyl. conc. mons. 15 x 40 cms.
  • Proclamation No. 1392 identifies the survey preparation and approvals:
    • Subdivision Plan with Technical Description prepared by Cristina M. Baldo
    • Based on the Subdivision/Consolidation Survey conducted on 04-07 January 2016
    • Approved on 03 May 2016 by Ignacio R. Almira, Jr., Chief - Surveys and Mapping Division and Sofio B. Quintana, Assistant Regional Director for Technical Services, Department of Environment and Natural Resources - National Capital Region.

Relationship to Governing Rules

  • Proclamation No. 1392 subjects the creation and designation of Circuit Corporate Center 2 to the provisions of Republic Act No. 7916, as amended, and to its Implementing Rules and Regulations.
  • Proclamation No. 1392 places the designation under the continuing governance of PEZA Board of Directors Resolution No. 00-411 (s. 2000) as amended by the later referenced resolutions.
  • Proclamation No. 1392 requires compliance with the framework that governs the operation and administration of special economic zones created under Republic Act No. 7916.

Official Execution and Signature

  • Proclamation No. 1392 is signed by RODRIGO ROA DUTERTE and sealed with the seal of the Republic of the Philippines.
  • Proclamation No. 1392 is countersigned by SALVADOR C. MEDIALDEA, Executive Secretary.

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