Title
Creation of SEZ at Park Triangle, BGC, Taguig
Law
Proclamation No. 1006
Decision Date
Aug 26, 2020
Proclamation No. 1006 designates Park Triangle Corporate Center as a Special Economic Zone (Information Technology Center) in accordance with Republic Act No. 7916, aiming to attract investments and promote economic development in the area through incentives and benefits for businesses operating within the zone.
A

Description and Location of the Property

  • The property includes a building with a gross floor area of 49,100 square meters and a land parcel of approximately 5,000 square meters.
  • Located at 32nd Street corner Rizal Drive, Bonifacio Global City, Taguig City.
  • The land is identified as Lot 2, consolidation-subdivision plan Pcs-00-014817, TCT No. 164-2015000104, situated in Barangay Fort Bonifacio, Taguig City, Metro Manila.

Technical and Survey Details

  • The boundaries of the land parcel are precisely described with reference to adjacent lots and reserved access lots.
  • Coordinates and distances between marked points are given to establish exact perimeter.
  • Original and consolidation-subdivision surveys were conducted and approved, with dates specified (original in November 1946; consolidation-subdivision survey in September 2014; approval in November 2014).
  • Markings on the ground by government survey monuments establish official survey points.

Legal Framework and Compliance

  • The designation as a Special Economic Zone is pursuant to RA No. 7916 and its amendments, including related PEZA Board Resolutions specified as:
    • Resolution No. 00-411 (2000), Resolution Nos. 11-066 (2011), 15-240 (2015), 17-472 (2017)
    • Resolution No. 17-303 (2017), amended by Resolution No. 18-243 (2018).
  • The zone is classified as an Information Technology Center, which defines the type of economic activities allowed.

Official Approval and Authentication

  • The document is signed by the President of the Philippines, Rodrigo Roa Duterte, and the Executive Secretary, Salvador C. Medialdea.
  • The seal of the Republic of the Philippines is affixed as authentication.
  • The date of issuance is August 26, 2020, in the City of Manila.

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