Description and Location of the Qimonda I.T. Center
- The Center covers a gross floor area of approximately 54,514 square meters.
- It is situated on parcels of land totaling about 20,000 square meters located on Don Serging Avenue, North Reclamation Area, Barangay Mabolo, Cebu City.
Technical Land Description: Parcel One (TCT No. 10595, Lot 2)
- The land is part of a consolidation-subdivision plan (Pcs-07-003274) including Lots 2 and 3, Block 30.
- Boundaries:
- Southeast: Quezon Boulevard Extension
- Southwest: Lot 1 of the consolidation-subdivision plan
- Northwest: MacArthur Boulevard Extension
- Northeast: Lot 3 of the consolidation-subdivision plan
- The parcel contains approximately 10,000 square meters.
- Survey details reference P.S. concrete monuments and geodetic survey data from 1963-1966 and 1995, approved in 1996.
Technical Land Description: Parcel Two (TCT No. 10596, Lot 3)
- The land parcel also part of the same consolidation-subdivision plan.
- Boundaries:
- Southwest: Lot 2 of the consolidation-subdivision plan
- Northwest: MacArthur Boulevard Extension
- Northeast: Lot 4 of the consolidation-subdivision plan
- Southeast: Quezon Boulevard Extension
- Approximately 10,000 square meters in area.
- Survey and monument markings similar to Parcel One, with approved surveys from the same dates.
Legal Formalization
- The proclamation was signed and sealed by the President of the Philippines.
- The date of effectivity is November 21, 2008, in Manila.
Key Legal Implications
- Designation as an Information Technology Center subjects the Qimonda I.T. Center to the privileges, incentives, and regulatory framework outlined in RA 7916 and its amendments.
- The precise land description ensures legal clarity and boundary definitions critical for enforcement and zoning compliance.
- The involvement of PEZA signifies the Center’s integration into the Philippine economic and IT development strategy.