Law Summary
Creation and Designation of Land as Special Economic Zone
- A specific parcel of land measuring approximately 87,044 square meters is created and designated as an extension to the existing Carmelray Industrial Park I Special Economic Zone.
- The land is located in Barangay Canlubang, Calamba City, Laguna.
Technical Description and Boundaries of the Parcel
- The parcel is identified as Lot 1, Pcs-04-010975, with Transfer Certificate of Title (TCT) No. T-186464.
- It is part of a consolidation subdivision covering multiple lots and road lots in Barangay Canlubang.
- Detailed boundaries are provided with directional bearings and adjacent lots or road lots identified by their respective titles and survey plans.
- The survey references historical survey data from 1919-1922 and a subdivision survey approved in 1995.
Survey Markers and Accuracy
- Survey points are clearly marked on the ground with permanent monuments (PS cylinders, concrete, measurements provided).
- Bearings are true, ensuring precise location and boundary identification.
Legal Effect and Official Action
- The proclamation formalizes the inclusion of the specified parcel into the Carmelray Industrial Park I Special Economic Zone.
- It is signed by the President and bears the seal of the Republic of the Philippines, affirming official status.
- The Executive Secretary is authorized to promulgate the proclamation.
Compliance Obligations
- The creation and designation are subject to all provisions under RA No. 7916, its amendments, and PEZA Board resolutions, ensuring proper governance and enforcement.
Importance of the Proclamation
- This expands the territory of the Carmelray Industrial Park I, facilitating economic development, investment incentives, and industrial activities within the designated zone under Philippine law.