Law Summary
Creation and Designation of Special Economic Zone
- Establishes a building named Silver City 4 as a Special Economic Zone (SEZ) specifically designated as an Information Technology Center.
- The building has a gross floor area of approximately 30,282 square meters.
- The parcel of land on which the building stands covers approximately 3,684 square meters.
- Location is at Frontera Verde, C-5 corner Ortigas Avenue, Barangay Ugong, Pasig City.
Applicable Laws and Regulations
- The designation is subject to the provisions of RA No. 7916 as amended, its Implementing Rules and Regulations, and specific PEZA Board Resolutions (00-411 s. 2000 and subsequent amendments in 2011, 2015, 2016, 2017, and 2019).
Technical Description of the Zone
- The land is identified as a portion of Lot 5-B-3-A-1, Psd-00-053582, covered by Transfer Certificate of Title (TCT) No. PT-113596.
- Situated in Barangay Ugong, Pasig City, Metro Manila on the island of Luzon.
- The boundaries and measurements of the land parcel are explicitly detailed through a metes and bounds description involving 57 points, with bearings and distances provided.
- All corners marked with PS cylindrical concrete monuments measuring 15 x 60 centimeters, and bearings are based on true north.
Survey and Verification
- The technical description and sketch plan were prepared by Private Geodetic Engineer Manuel C. Balce, Jr.
- Verified by Engr. Patrick A. Macazo, Engineer II, DENR-NCR on November 27, 2017.
- Checked by Rogelio M. Lapus and Ignacio R. Almira Jr., chiefs of respective DENR-NCR sections on December 6, 2017.
- Noted by Sofio B. Quintana, Assistant Regional Director for Technical Services, DENR-NCR on December 6, 2017.
Formalization and Effectivity
- The proclamation was signed by the President of the Philippines and attested by the Executive Secretary.
- The document bears the official seal of the Republic of the Philippines.
- The proclamation date is January 28, 2020, in the City of Manila.