Creation of Bacolod IT SEZ under RA 7916, as amended

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PROCLAMATION NO. 1004: Creation of Bacolod IT SEZ under RA 7916, as amended

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Title Supreme Court: Creation of Bacolod IT SEZ under RA 7916, as amended

Law: Proclamation No. 1004

Decision Date: Aug 26, 2020

President Duterte issues Proclamation No. 1004 designating the T.U. Building in Bacolod City as a Special Economic Zone (Information Technology Center) in accordance with the Special Economic Zone Act of 1995, creating opportunities for economic growth and development in the area.

special economic zone

information technology center

economic growth

A

Legal Basis and Authority

The proclamation is made pursuant to Republic Act No. 7916, known as the Special Economic Zone Act of 1995, as amended by Republic Act No. 8748.
The designation follows the recommendation of the Philippine Economic Zone Authority (PEZA) Board of Directors.

Applicable Rules and Regulations

The Special Economic Zone shall be subject to RA No. 7916 and its implementing rules and regulations.
It is also governed by several PEZA Board resolutions including Resolution No. 00-411 (s. 2000), Resolution Nos. 11-066 (s. 2011), 15-240 (s. 2015), 17-472 (s. 2017), 18-176 (s. 2018), and 19-382 (s. 2019).

Technical Description of Land Parcels

The designated area consists of two parcels of land: Lot 85 and Lot 81 under subdivision plan Psd-12396, located in Barangay Mandalagan, City of Bacolod, Island of Negros.
Lot 85 covers approximately 1,000 square meters with boundaries defined by adjacent lots and Lacson Street.
Lot 81 covers approximately 1,054 square meters with defined boundaries including Lacson Street and B.S. Aquino Drive.

Survey and Approval Details

Both lots were surveyed by Engineer Ferdinand G. Quilop on March 24, 2017.
The survey was approved on December 11, 2018.
Boundaries are marked on the ground with old Philippine Survey cylindrical concrete monuments.

Official Authentication

The proclamation was signed by President Rodrigo Roa Duterte on August 26, 2020, in Manila.
The document was also signed by Executive Secretary Salvador C. Medialdea.
The seal of the Republic of the Philippines was affixed to authenticate the proclamation.

END