Title
Designation of SM Makati CyberZone 2 as IT Center
Law
Proclamation No. 1618
Decision Date
Sep 8, 2008
Proclamation No. 1618 designates the SM Makati CyberZone 2 Building as an Information Technology Center in accordance with Republic Act No. 7916, based on the recommendation of the Philippine Economic Zone Authority.
A

Location and Land Description

  • The building stands on two parcels of private land at Senator Gil Puyat Avenue corner Zodiac and Jupiter Streets, Makati City.
  • Total land area is approximately 4,437 square meters.
  • Detailed metes and bounds descriptions are provided for the two parcels:
    • Lot 1-N (2,000 sqm) described with precise boundaries, bearings, and survey references.
    • Lot 1-O (2,437 sqm) similarly described with exact boundaries and survey data.
  • Surveys referenced were executed between 1923-1924 and in 1973, by certified geodetic engineers.

Legal Authority and Compliance

  • The President exercises powers conferred under RA 7916 as amended.
  • Compliance with relevant PEZA resolutions ensures legality of the designation.
  • The creation of the Information Technology Center follows established frameworks for special economic zones.

Formalization and Entry into Effect

  • The law includes a formal declaration with the President’s signature.
  • The seal of the Republic of the Philippines is affixed.
  • The proclamation was made in Manila on September 8, 2008.
  • The Executive Secretary countersigned the proclamation, reinforcing its official status.

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