Designation and Scope of the Information Technology Zone
- A parcel of private domain land located at Sgt. E. A. Esguerra Avenue corner Mother Ignacia Street, South Triangle, Diliman, Quezon City, Metro Manila, is designated as an Information Technology Zone.
- The designated land area measures approximately 10,000 square meters.
Technical Description of the Land
- Identified as Lot 2, Psd-00-062591, a portion of Block S-l, New Pcs-4781, with LRC Record No. 7681.
- Situated in Barangay South Triangle, Quezon City, Island of Luzon.
- Bounded by:
- Northeast by Lot 1 of the subdivision plan.
- Southeast by Road Lot R-111 (Scout Albano), Bsd-7365-B.
- Southwest by Lot 3 of the subdivision plan.
- Northwest by Lot R-246 (Mother Ignacia), Bsd-7365-B.
Metes and Bounds
- The lot is delineated through specific bearings and distances starting from a marked point, detailing the perimeter precisely.
- Survey details date back to original surveys (Dec. 1910-June 1911 for Diliman Estate) and recent subdivision survey conducted on March 18, 2003, approved May 7, 2003.
- Borders are marked physically on the ground with PS cylinder concrete monuments measuring 15 x 60 cm.
Implementation and Effectivity
- The designation is formalized by the signature of the President of the Republic of the Philippines and affixing the official seal.
- The proclamation took effect upon signing in Manila on June 25, 2003.
Legal and Regulatory Implications
- The land is subject to provisions of Republic Act No. 7916 and its Implementing Rules and Regulations.
- The designation as an Information Technology Zone enables the application of incentives, regulations, and administrative functions prescribed for PEZA zones.
- Ensures orderly development and economic activities within the zone consistent with national development policies.