Law Summary
Applicable Legal Framework
- Subject to provisions of RA No. 7916, as amended, and its Implementing Rules and Regulations.
- Governed by PEZA Board Resolutions No. 00-411 (s. 2000), amended by Resolution No. 04-295 (s. 2014), Resolution No. 17-447 (s. 2017) amended by Resolution Nos. 18-278 and 18-372 (s. 2018).
Technical Description of the Land Parcels
- The proclamation covers multiple parcels of land measured in square meters.
- Aggregate area totals approximately 259,069 square meters.
- Detailed technical and cadastral descriptions are provided for each lot, including:
- Lot 7369-A to Lot 7369-E
- Lots 7385, 7386, 7388, 7400-A, 7400-B
- Lots 4420-A, 4421-A
- Lot No. 3-A
- Each lot includes specific boundaries, bearing directions and distances, corner markers, and survey dates.
Location Specifics
- All parcels are located within the Barangays of Santor and Balite in Malolos City, Province of Bulacan, Island of Luzon.
- Parcels are bounded and referenced relative to neighboring lots and cadastral survey points.
Survey and Approval Details
- Original surveys date back to May 1921-November 1922 for many lots.
- Subsequent subdivision surveys by licensed Geodetic Engineers with specific dates noted.
- Certification of measurements and markers on the ground provided to ensure accuracy.
Implementation and Administration
- Under the administrative and regulatory supervision of PEZA pursuant to its enabling laws and rules.
- The proclamation enables the development and promotion of the Information Technology Park within the designated area.
- PEZA facilitates investment incentives and regulatory measures as prescribed under RA 7916 and associated resolutions.
Executive Authority
- Issued by the President of the Philippines under the constitutional and statutory powers vested to him.
- Signed and sealed in Manila on January 11, 2021.
This Proclamation effectively establishes the First Bulacan Business Park as a designated IT Special Economic Zone, enabling economic incentives, infrastructure development, and regulatory governance under the ambit of Philippine laws governing economic zones.