Creation of VistaHub BPO Molino as IT Special Economic Zone

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PROCLAMATION NO. 655: Creation of VistaHub BPO Molino as IT Special Economic Zone

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Title Supreme Court: Creation of VistaHub BPO Molino as IT Special Economic Zone

Law: Proclamation No. 655

Decision Date: Jan 16, 2019

Proclamation No. 655 designates a specific building and land in Bacoor City, Cavite as a Special Economic Zone in accordance with Republic Act No. 7916, providing specific economic activities and incentives within the designated area, as published in the Official Gazette on January 28, 2019.

special economic zone

bacoor city cavite

vista hub bpo molino

A

Legal Basis and Authority

Authority based on Republic Act No. 7916 (Special Economic Zone Act of 1995), as amended by RA No. 8748.
The President, Rodrigo Roa Duterte, acted upon the recommendation of the Philippine Economic Zone Authority (PEZA) Board of Directors.
Compliance with PEZA Resolutions No. 00-411 (2000), 11-066 (2011), 15-240 (2015), 17-472 (2017), and 16-518 (2016) amended by 18-209 (2018).

Scope and Coverage

The Special Economic Zone covers the VistaHub BPO Molino building and the parcel of land measured at 2,634 square meters.
Includes a technical description of the specific lots involved: Portion of Lot 1, Pcs-04-028086 and Lot 6467-G, (LRC) Psd-288935.

Technical Description and Boundaries

The parcel is situated in Barangay Molino, City of Bacoor, Province of Cavite, Luzon Island.
Bounded by various lot numbers including Lot 6468, Lot 6469, and Imus Estate areas.
Precise boundary points and bearings are enumerated, with measurements between points ranging from 6.67 meters to 71.05 meters.
Original survey dates and approval dates of the special plan are specified (July 1908 for original, January 2018 for special plan).

Land Title and Verification

The 2,634 square meter area is a portion of aggregate land totaling 10,528.20 square meters, covered by two Transfer Certificates of Title (TCT Nos. 057-2013021082 and 057-2016017950).
Special plan and technical description prepared by Private Geodetic Engineer Marietta D. Espiritu.
Verified and certified by Engr. Edgar S. Barraca, Chief of Surveys and Mapping Division, DENR-Region IV on January 16, 2018.

Legal and Procedural Compliance

The special economic zone designation is subject to provisions of RA No. 7916 as amended, its implementing rules and regulations, and relevant PEZA resolutions.
Compliance ensures PEZA jurisdiction, benefits, and regulatory oversight apply to the designated zone.

Formalization and Effectivity

The proclamation was executed and signed by President Rodrigo Roa Duterte on January 16, 2019, in the City of Manila.
The seal of the Republic of the Philippines was affixed to signify formal enactment.
Executive Secretary Salvador C. Medialdea countersigned the proclamation, validating its official status.

END