Law Summary
Legal Authority and Basis
- The authority to create and designate the zone is vested in the President of the Philippines under RA 7916.
- The creation is based on the recommendation of the Board of Directors of the Philippines Economic Zone Authority (PEZA).
Location and Technical Description
- The zone is situated in Barangay Balacad, Laoag City, Ilocos Norte, on the Island of Luzon.
- It covers a parcel of land with an area of approximately 774,680 square meters (774,689 square meters as per the survey).
- The land is described with precise boundaries referencing specific lots, cadastral surveys, barrio roads, and the China Sea.
- The description includes detailed directions and distances between boundary points, anchored to recognized survey markers.
Survey and Approval
- The survey of the parcel was conducted by Geodetic Engineer Arturo V. Quinto from April 8 to 24, 1980.
- The survey was executed in compliance with applicable laws and regulations.
- The survey received official approval on October 14, 1980.
- All boundary points are physically marked by boundary line cylindrical concrete monuments.
Formalization and Effectivity
- The law was signed by then-President Gloria Macapagal-Arroyo on April 22, 2004, in Manila.
- The seal of the Republic of the Philippines was affixed to formalize the proclamation.
- The Executive Secretary's endorsement is included in the document, adding further official validation.
Legal and Administrative Implications
- The designation as a tourism economic zone enables the area to benefit from incentives and regulations under RA 7916 and its amendments.
- The zone creates opportunities for tourism-related economic activities, development, and investments within the defined territory.
- The government recognizes the area as a special zone tailored to boost economic growth through tourism promotion and infrastructure development.
This summary reflects the full detailed legal provisions, descriptions, and administrative actions taken to establish the FORTH ILOCANDIA TOURISM ECONOMIC ZONE under Philippine law.