Law Summary
Legal Basis and Authority
- The creation and designation rest on the Special Economic Zone Act of 1995, as amended by RA No. 8748.
- The President exercises discretionary power in accordance with such law and upon PEZA recommendation.
Technical Land Descriptions
- The proclamation details the exact location, boundaries, area, and technical surveys for the various parcels:
- Lot 1 CCS-01-006410 with an area of 7,035 m².
- Lot 4 PCS-01-006783 covering 127,147 m².
- Lot 5 PCS-01-006783 with 73,247 m².
- Lot 3-B PSD-01-104381 covering 611 m².
- Lot 3-C PSD-01-104381 with 24,280 m².
- Lot 1-D PSD-01-104398 covering 16,447 m².
- Lot 1-E PSD-01-104398 with 3,270 m².
- Lot 5 VS-01-000273 covering 7,352 m².
- Lot 26 VS-01-000273 with 896 m².
- Lot 42 VS-01-000273 covering 1,375 m².
- Each lot’s exact boundaries, adjacent properties, survey details, and corner monuments are explicitly described.
Survey and Approval
- All land parcels have undergone cadastral and consolidation-subdivision surveys with approval dates in 2020.
- The surveys provide bearings, corners, and other technical specifications confirming land boundaries.
Scope and Implications of the Proclamation
- The designated zone operates under PEZA administration and incentives as per RA 7916.
- The creation aims to promote industrial, economic, and aero-related activities within the zone.
- Enterprises operating within the zone could avail fiscal and non-fiscal incentives authorized under the law.
Official Certification
- The proclamation is signed by President Rodrigo Roa Duterte and Executive Secretary Salvador C. Medialdea.
- It was executed in Manila on July 29, 2021, with the official seal affixed.
Legal Effect
- This proclamation formalizes and institutionalizes the NorthLuzon Aero Industrial Park as a recognized Special Economic Zone.
- Subject to existing statutes, the zone will facilitate investment, industrial development, and economic growth in Pangasinan.