Creation of Lima Technology Center Phase II SEZ

The zone encompasses multiple parcels of land in Barangays Santiago and San Fernando, Municipality of Malvar, Batangas.
Detailed legal descriptions including lot numbers, survey plans, and boundaries are provided for each parcel:
- Lots 1, 2, and 3 of consolidation/subdivision plan Pcs-04-016246.
- Parcels with identifiers Pcn-04-001127 through Pcn-04-001133 and others, with areas ranging from 6,176 to 549,906 square meters.
- Legal easements and smaller portions such as Lot 4108-B and Lot 4001-B are also included.
Survey details specify bearings, distances, points of beginning, and are supported by survey dates and approvals.

The proclamation is issued pursuant to the Special Economic Zone Act of 1995 (Republic Act No. 7916), as amended by Republic Act No. 8748.
It follows recommendations from the PEZA Board of Directors and is signed by the President and the Executive Secretary.

Detailed technical and survey data establish the precise boundaries of the economic zone.
Each parcel of land is described with exact measurements, boundary lines, and references to geographical markers such as creeks and adjacent lot numbers.
Survey dates range from 1919 to 2000, ensuring accuracy and legal clarity.

Proclamation No. 722 formalizes the creation of the Special Economic Zone, subjecting the area to the regulatory framework and benefits provided under the applicable laws.
The designation enables the application of tax incentives, administrative advantages, and economic policies aligned with the Special Economic Zone Act.

The Philippine Economic Zone Authority (PEZA) oversees the development and regulation of the zone under the provided legal mandate.
The zone is managed according to PEZA policies and the Implementing Rules and Regulations of Republic Act No. 7916.

The proclamation is signed in Manila on October 25, 2004.
The document is attested by relevant government officials, ensuring its legal effect and enforceability.

The total declared area is approximately 1.5 million square meters distributed across several lots and parcels with specific land sizes provided.
The land consists mainly of previously consolidated and subdivided parcels as described in the Philippine cadastral records.
The inclusion of legal easements and smaller parcels ensures comprehensive coverage of the zone's territory.

The creation of Lima Technology Center (Phase II) as a Special Economic Zone aims to promote technological development, attract investments, and stimulate economic growth in the Luzon region.
It aligns with national economic policies to foster industrial and commercial activity within strategically designated zones.