Legal Basis and Implementing Rules
- The creation follows the provisions of RA 7916, its amendments, and its Implementing Rules and Regulations.
- It adheres to PEZA Board Resolution Nos. 00-411 (S. 2000) and 11-665 (S. 2011), which govern operations and regulations of economic zones.
Description and Location of the IT Center
- The building covers an area of approximately 2,500 square meters.
- Precisely located at Lot 2-B, PSD-00-036193, San Antonio, City of Pasig, Metro Manila, Island of Luzon.
- Boundaries are clearly defined with reference to adjoining roads and lots:
- Southwest: Road Lot 12 (Garnet Street)
- Northwest: Lot 2-A of the subdivision plan
- Northeast: Road Lot 13 (Sapphire Street)
- Southeast: Lot 2-C of the subdivision plan
Technical Boundary Specifications
- The perimeter is described in degrees and meters with exact bearings and points starting from a marked point (A1) referenced from a known benchmark (Bllm #1, Wack-Wack).
- The exact measurements:
- N. 49° 19' W., 41.32 meters
- N. 40° 41' E., 60.50 meters
- S. 49° 19' E., 41.32 meters
- S. 40° 41' W., 60.50 meters
- All survey points are marked on the ground with concrete monuments.
Historical Survey Data
- The original survey was conducted between April 8, 1920, and February 21, 1921.
- The subdivision survey took place on June 2, 1995, and was approved on July 10, 1995.
Formalization and Authority
- The proclamation is duly signed by the President of the Philippines, Benigno S. Aquino III.
- The seal of the Republic of the Philippines is affixed as authenticating authority.
- The proclamation was issued in Manila on January 4, 2013.
Legal Effect
- The designation of the property as an Information Technology Center creates a special economic zone subject to the rules, benefits, and incentives under Republic Act No. 7916 and its amendments.
- This designation promotes the growth and development of IT-related activities within the specified building and location in Pasig City.