Creation of MacroAsia Cebu Special Ecozone

The proclamation is issued under the authority of the President of the Philippines based on the powers granted by RA No. 7916.
The designation follows the recommendation by the PEZA Board of Directors, the regulatory agency for economic zones.

Lot 1 (Sketch Plan SK-07-000158) is located in Barangay Ibo, City of Lapu-Lapu, Cebu, on Mactan Island.
The lot is a portion of several subdivided lots within the Opon Cadastre.
Boundaries, bearings, and distances are described in detail, including references to adjoining lots and compass directions.
The parcel contains an area of approximately 26,297 square meters.
All survey points are marked and verified on the ground as per official geodetic standards.
Original surveys date from August 1927 to December 1928; the current sketch plan was executed and approved in 2011.

Lot 2 (also part of Sketch Plan SK-07-000158) is similarly situated in Barangay Ibo on Mactan Island.
It comprises a portion of the same subdivided lots as Lot 1 within the Opon Cadastre.
Detailed boundaries and bearings show its perimeter in relation to adjacent lots.
The parcel’s total area is approximately 23,703 square meters.
Survey markers and bearings adhere to official geodetic standards.
Original survey periods and plan approvals match those of Lot 1.

Proclamation is formally signed by the President of the Philippines and the Executive Secretary.
The seal of the Republic of the Philippines is affixed, giving the proclamation official status.
The document is dated September 17, 2018, executed in the City of Manila.

The designation as a Special Economic Zone means the area is subject to incentives, privileges, and regulatory frameworks under RA 7916 and its amendments.
Economic zones are created to promote foreign investment, export-oriented industries, and economic development.
The exact geographical description ensures legal certainty and boundary enforcement within the economic zone framework.
The use of official survey data and PEZA resolutions ensures the legitimacy and compliance with national standards.