Legal Authority and Governing Law
- The designation is based on the authority under Republic Act No. 7916 (Special Economic Zone Act of 1995) and its amendments, including Republic Act No. 8748.
- The implementing rules and regulations and subsequent PEZA Board Resolutions (Nos. 00-411, 11-066, 15-240, 17-472, 16-588) apply.
- The proclamation was made by the President of the Philippines following the recommendation of the PEZA Board of Directors.
Technical Description and Boundaries of the Land Parcel
- The land is identified as Lot 7, Block 5 of the subdivision plan and part of Lot 392, Muntinlupa Estate.
- Situated in Barangay Alabang, Municipality of Muntinlupa, Metro Manila.
- The boundaries are thoroughly described with bearings and dimensions along adjacent lots and road lots:
- Southeast boundary: Road Lot 13, 12 meters wide
- Southwest boundary: Lot 6 Block 5
- Northwest boundary: Road Lot 4, 40 meters wide
- Northwest and Northeast boundaries: Road Lot 5, 35 meters wide
- Southeast boundary (other side): Lot 8, Block 5
- The perimeter points are scientifically surveyed and marked by geodetic monuments.
Survey and Validation Information
- Original survey dating back to 1907-1908.
- Subdivision survey conducted in January 1995 by Geodetic Engineer Cesar F. Labre.
- The subdivision plan approved on August 10, 1995.
- Land survey points are permanently marked with registered concrete monuments.
Effectivity and Official Enactment
- The proclamation became effective upon signing in Manila, May 8, 2018.
- Signed by then-President Rodrigo Roa Duterte and countersigned by Executive Secretary Salvador C. Medialdea.
Scope and Purpose
- The area and building designated as Special Economic Zone serve to promote Information Technology business and investments.
- Subject to regulation and incentive schemes under PEZA and relevant laws to foster economic growth in IT sector within the zone.
Compliance and Governance
- The Special Economic Zone must operate under the rules, regulations, and resolutions established by PEZA.
- Compliance with environmental, construction, land use, and other applicable laws is required within the zone.
This comprehensive explanation covers the legal designation, physical description, authority, and governance structure related to the special economic zone as stated in the law.