Legal Basis and Board Recommendation
- Proclamation No. 1698 is grounded on the authority under Republic Act No. 7916, the Special Economic Zone Act of 1995, as amended by Republic Act No. 8748.
- The President acted upon recommendation of the Board of Directors of the Philippine Economic Zone Authority.
- The designation is tied to P.E.Z.A. Board of Directors Resolution No. 08-080 dated 15 February 2008.
- The proclamation is expressly made subject to the provisions of Republic Act No. 7916 and its Implementing Rules and Regulations.
Policy and Purpose for Creation
- Proclamation No. 1698 creates and designates Eco Plaza as an Information Technology Center.
- Proclamation No. 1698 is issued pursuant to Republic Act No. 7916, which establishes a legal framework for special economic zones and their authorized subtypes, including information technology centers.
Creation and Designation of Eco Plaza
- Proclamation No. 1698 creates and designates Eco Plaza as an Information Technology Center.
- Proclamation No. 1698 provides that Eco Plaza shall stand on a parcel of land within the private domain.
- Proclamation No. 1698 locates Eco Plaza at No. 2305 Chino Roces Avenue Extension, Makati City.
- Proclamation No. 1698 states the total land area for Eco Plaza is Five Thousand (5,000) Square Meters, more or less.
Location, Land Details, and Technical Description
- Proclamation No. 1698 identifies the land as Lot 2-B-1-A, (LRC) Psd-62807 and includes Rel-00-001279.
- Proclamation No. 1698 describes the property as a parcel of land described on relocation survey plan, Rel-00-001279, being a relocation of Lot 2-B-1-A, (LRC) Psd-62807, LRC Record No. 2029.
- Proclamation No. 1698 places the property in Barangay Dasmariñas, City of Makati, Metro Manila, Island of Luzon.
- Proclamation No. 1698 sets boundary descriptions:
- On the SW., along line 1-2-3 by Street Lot 1, (LRC) Psd-17809 (Pasong Tamo Street 20.00 m. wide).
- On the NW., along line 3-4 by Lot 2-A, (LRC) Psd-44087.
- On the NE., along line 4-5 by Lot 64-A-2-A-1-A-3-A, Psd-21002 (National Power Corporation 30.00 m. wide).
- On the SE., along line 5-1 by Lot 2-B-1-B, (LRC) Psd-62807.
- Proclamation No. 1698 specifies coordinate/distance and survey details:
- The beginning point is a1a on the plan, located S. 15 deg. 59' 22" W., 3948.22 m. from BLLM No. 1, Municipality of Makati.
- The course and distance are enumerated through points 2, 3, 4, and 5, ending at the point of beginning.
- All points are indicated on the plan and marked on the ground by PS cyl. conc., mons., 15 x 60 cm. bearings true.
- Date of original survey and relocation survey are given as March 17, 2008 (executed) and May 13, 2008 (approved).
- Proclamation No. 1698 states the property contains an area of Five Thousand (5,000) Square Meters, more or less.
Effect of Designation and Compliance Requirement
- Proclamation No. 1698 creates and designates Eco Plaza as an Information Technology Center subject to Republic Act No. 7916 and its Implementing Rules and Regulations.
- Proclamation No. 1698 requires that the designation operates within the legal framework provided by Republic Act No. 7916, as amended by Republic Act No. 8748, and its implementing regulations.
Signature and Execution
- Proclamation No. 1698 was signed by GLORIA M. ARROYO, with the seal of the Republic of the Philippines affixed.
- Proclamation No. 1698 was attested by EDUARDO R. ERMITA, Executive Secretary.