Scope and Location of the Special Economic Zone Expansion
- The area covered includes parcels of land in Barangays San Lucas, Bugtong na Pulo, and Plaridel in Lipa City, along with Barangay San Fernando in Malvar, Batangas.
- The aggregate land area is approximately 145,468 square meters.
- These lands are officially incorporated into the Lima Technology Center - Special Economic Zone.
Applicable Legal Provisions and Regulations
- The zone designation is subject to provisions of RA No. 7916, its Implementing Rules and Regulations.
- Compliance with PEZA Board Resolution Nos. 18-021 (s. 2018) and 18-482 (s. 2018) is mandated.
Detailed Parcel Descriptions and Boundaries
- Multiple lots are specifically identified by technical descriptions, titles, and cadastral references including:
- Lot 3-A Sp-04-00014-20 in Barangay Bugtong na Pulo, 4,980 m².
- Lot 5241 Ap-04-016670 in Barangay San Fernando, 10,898 m².
- Lot 5383 Sp-04-000173-18 in Barangay San Fernando, 16,499 m².
- Lot 5464 Sp-04-000174-18 in Barangay San Fernando, 8,563 m².
- Lot 3-B Sp-04-000015-20 in Barangay San Lucas, 26,132 m².
- Lot 3-C Sp-04-000011-20 in Barangay San Lucas, 26,132 m².
- Lot 3-D Sp-04-000013-20 in Barangay San Lucas, 26,132 m².
- Lot 3-E Sp-04-000012-20 in Barangay San Lucas, 26,132 m².
- Boundaries for each parcel are precisely described with bearings, landmarks, and distances, ensuring clear delineation.
- Survey dates and approval dates are provided for verification and legal accuracy.
Effectivity and Formalization
- The proclamation was signed by the President of the Philippines and noted by the Executive Secretary.
- Seal of the Republic of the Philippines was affixed to formalize the designation.
- Official date of effectivity is December 23, 2020.
Legal and Administrative Implications
- The inclusion expands the Lima Technology Center, which is designated as a Special Economic Zone under Philippine law to promote economic development.
- The designated parcels are expected to benefit from incentives and regulatory frameworks established under RA No. 7916 and PEZA regulations.
- This includes privileges such as tax incentives, infrastructure development, and simplified administrative procedures for enterprises operating within the zone.