Law Summary
Legal Basis and Governing Provisions
- The creation and designation are subject to RA No. 7916, its implementing rules and regulations, and relevant PEZA Board Resolutions (Nos. 00-411, 11-066, 15-240, 17-472, 16-633, and 18-420).
- These laws and resolutions guide the management, operation, and incentives applicable within the SEZ.
Description and Technical Specifications of the Land Parcel
- The land area amounts to approximately 1,871 square meters.
- It consists of portions of Lot 5-B-1-B-1 and Lot 5-B-1-A, as indicated in technical documents and registered titles (TCT Nos. PT-113535 and PT-71553).
- Boundaries and coordinates are precisely detailed with directional bearings and distances, based on technical surveys.
Survey and Verification Process
- The boundary and technical description were prepared by Private Geodetic Engineer Manuel C. Balce, Jr.
- Verification was conducted by Engr. Patrick A. Macazo (Department of Environment and Natural Resources - National Capital Region) on November 26, 2017.
- Further checks were made by DENR-NCR officials Rogelio M. Lapus and Ignacio R. Almira Jr. on December 13, 2017.
- The survey was noted by Assistant Regional Director Sofio B. Quintana on December 21, 2017.
Formalization and Execution
- The proclamation was signed and sealed by the President of the Philippines, Rodrigo Roa Duterte, on March 3, 2021, in Manila.
- Executive Secretary Salvador C. Medialdea also signed the document, formalizing the creation and designation of the SEZ.
Summary of Core Legal Effects and Scope
- SILVER CITY 1A is recognized as an SEZ focusing on information technology-related enterprises.
- Entities operating within this zone may avail themselves of benefits and incentives authorized under RA 7916 and related PEZA resolutions.
- The designation aims to promote economic activity, technological development, and investment in the designated area.
- The physical description ensures clarity of the SEZ’s territorial extent and legal boundaries to avoid disputes or jurisdictional confusion.