Designation of SLC Building as IT Center

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PROCLAMATION NO. 405: Designation of SLC Building as IT Center

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Title Supreme Court: Designation of SLC Building as IT Center

Law: Proclamation No. 405

Decision Date: Jun 13, 2012

President Benigno S. Aquino III designates the SLC Building in Makati City as an Information Technology Center, aiming to attract investments and promote economic development in the information technology sector in the Philippines, in accordance with Republic Act No. 7916.

information technology center

special economic zone act

A

Legal Authority and Framework

The designation is made under the powers vested by RA No. 7916 (Special Economic Zone Act of 1995), as amended by RA No. 8748.
It adheres to PEZA Board Resolutions No. 00-411 (s. 2000), amended by No. 11-066 (s. 2011), and No. 11-237 (s. 2011).
The Implementing Rules and Regulations of RA No. 7916 govern the operation of the information technology center.

Description and Location of Property

The SLC Building is situated on two parcels of land at the specified address in Makati City.
The aggregate land area totals approximately 2,997 square meters.

Detailed Geographical and Technical Description of Lot 4, Block 2

Lot 4, Block 2, Psd-6132, with TCT No. 202951, is part of Block C of the subdivision plan situated in Makati, Rizal.
The parcel measures approximately 1,653 square meters.
It is bounded on various sides by neighboring lots and streets as detailed with exact bearings and distances.
Survey points and plan markings provide precise boundaries and location verification.

Detailed Geographical and Technical Description of Lot 5, Block 2

Lot 5, Block 2, Psd-6132, with TCT No. 202952, similarly part of Block C of the subdivision in Makati, Rizal.
The parcel measures approximately 1,344 square meters.
It is bounded by neighboring lots and streets with exact bearings and distances provided.
Survey markers correspond to the described geographical points.

Implementation and Authority

The proclamation is signed and sealed by the President of the Philippines, authorizing the designation.
The Executive Secretary acts by authority of the President to enforce the proclamation.
This formalizes the creation of the SLC Building as an Information Technology Center, enabling its participation under the special economic zone law and PEZA regulations.

END