Creating and Designating a Building, Located at UP Town Center, Katipunan Avenue, Barangay UP Campus, Quezon City as an Information Technology Center
Proclamation No. 123, issued on December 29, 2016, designates a building at UP Town Center, Quezon City, as an Information Technology Center under Republic Act No. 7916, as amended by RA No. 8748. This designation, recommended by the Philippine Economic Zone Authority (PEZA), allows the building, known as the UP Town Corporate Center, to serve as a special economic zone. The site covers approximately 74,000 square meters, with a gross floor area of 13,137 square meters. The proclamation outlines the specific boundaries and technical description of the land. This initiative aims to promote economic growth and development within the IT sector in the Philippines.
Quick Answers
- What is Creating and Designating a Building, Located at UP Town Center, Katipunan Avenue, Barangay UP Campus, Quezon City as an Information Technology Center about?
- Proclamation No. 123, issued on December 29, 2016, designates a building at UP Town Center, Quezon City, as an Information Technology Center under Republic Act No. 7916, as amended by RA No. 8748. This designation, recommended by the Philippine Economic Zone Authority (PEZA), allows the building, known as the UP Town Corporate Center, to serve as a special economic zone. The site covers approximately 74,000 square meters, with a gross floor area of 13,137 square meters. The proclamation outlines the specific boundaries and technical description of the land. This initiative aims to promote economic growth and development within the IT sector in the Philippines.
- What type of law is <--!0123-->Proclamation No. 123?
- Creating and Designating a Building, Located at UP Town Center, Katipunan Avenue, Barangay UP Campus, Quezon City as an Information Technology Center (<--!0123-->Proclamation No. 123) is a Philippine Presidential Issuances enacted by the Congress of the Philippines.
- When was Creating and Designating a Building, Located at UP Town Center, Katipunan Avenue, Barangay UP Campus, Quezon City as an Information Technology Center enacted?
- Creating and Designating a Building, Located at UP Town Center, Katipunan Avenue, Barangay UP Campus, Quezon City as an Information Technology Center (<--!0123-->Proclamation No. 123) was enacted on Dec 29, 2016.
- What is the citation for Creating and Designating a Building, Located at UP Town Center, Katipunan Avenue, Barangay UP Campus, Quezon City as an Information Technology Center?
- Creating and Designating a Building, Located at UP Town Center, Katipunan Avenue, Barangay UP Campus, Quezon City as an Information Technology Center, <--!0123-->Proclamation No. 123, Dec 29, 2016 (Philippines)
Law Information
- Reference Number
- <--!0123-->Proclamation No. 123
- Date Enacted
- Category
- Presidential Issuances
- Subcategory
- Presidential Proclamations
- Jurisdiction
- Philippines
- Enacting Body
- Congress of the Philippines
Full Law Text
December 29, 2016
PROCLAMATION NO. 123
CREATING AND DESIGNATING A BUILDING, LOCATED AT UP TOWN CENTER, KATIPUNAN AVENUE, BARANGAY UP CAMPUS, QUEZON CITY AS AN INFORMATION TECHNOLOGY CENTER, PURSUANT TO REPUBLIC ACT NO. 7916, AS AMENDED BY REPUBLIC ACT NO. 8748
Pursuant to the powers vested in me under Republic Act (RA) No. 7916,or the "Special Economic Zone Act of 1995," as amended by RA No. 8748, and upon the recommendation of the Board of Directors of the Philippine Economic Zone Authority (PEZA), I, RODRIGO ROA DUTERTE, President of the Philippines, do hereby create and designate a building, subject to the provisions of RA No. 7916, as amended, its Implementing Rules and Regulations, Resolution No. 00-411 (s. 2000), as amended by Resolution Nos. 11-066 (s. 2011) and 15-240 (s. 2015), and Resolution No. 16-038 (s. 2016) of the PEZA Board of Directors, as an Information Technology Center, to be known as the UP Town Corporate Center, with a gross floor area of Thirteen Thousand One Hundred Thirty-Seven (13,137) square meters, which stands on a parcel of land, located at UP Town Center, Katipunan Avenue, Barangay UP Campus, Quezon City, with an area of Seventy-Four Thousand (74,000) square meters, more or less, as defined by the following technical description:
Portion of Lot 42-C-12
A parcel of land (a portion of Lot 42-C-12, [LRC] Psd-174313) situated in the District of Diliman, City of Quezon, Island of Luzon.
Bounded on the NW., along lines 1-2-3 by the remaining portion of Lot 42-C-12; on the E., along lines 3-4-5-6-7 by Lot 42-C-5; and on the SE., & W., along lines 7-8-9-10-11-1 by the remaining portion of Lot 42-C-12, all of (LRC) Psd-174313.
Beginning at a point marked as "1" on plan, being N. 43 deg. 23' W., 3318.70 m. from BLLM #1, Mp of Marikina, Rizal.
thence N. 83 deg. 20' E., 13.07 m. to point 2;
thence N. 88 deg. 20' E., 152.03 m. to point 3;
thence S. 00 deg. 36' E., 206.73 m. to point 4;
thence S. 00 deg. 36' E., 82.51 m. to point 5;
thence S. 00 deg. 36' E., 38.17 m. to point 6;
thence S. 00 deg. 36' E., 43.01 m. to point 7;
thence S. 45 deg. 09' W., 229.71 m. to point 8;
thence N. 00 deg. 39' W., 114.13 m. to point 9;
thence N. 00 deg. 39' W., 129.07 m. to point 10;
thence N. 00 deg. 39' W., 31.85 m. to point 11;
thence N. 00 deg. 39' W., 251.45 m. to the point of
beginning, containing an area of Seventy-Four Thousand (74,000) square meters, more or less. All points referred on the plan are marked on the ground by P.S. cyl. conc. mons. 15x40 cms; bearings true; date of original survey December 1910-June 1911 and that of the subdivision survey by Cristina M. Baldo on 23 November 2011.
IN WITNESS THEREOF, I have hereunto set my hand and caused the seal of the Republic of the Philippines to be affixed hereto.
DONE in the City of Manila, this 29th day of December, in the year of Our Lord, Two Thousand and Sixteen. CAIHTE
Published in the Official Gazette, Vol. 113, No. 2, p. 245 on January 9, 2017.
Cite This Law
Creating and Designating a Building, Located at UP Town Center, Katipunan Avenue, Barangay UP Campus, Quezon City as an Information Technology Center, <--!0123-->Proclamation No. 123, Dec 29, 2016 (Philippines)
Creating and Designating a Building, Located at UP Town Center, Katipunan Avenue, Barangay UP Campus, Quezon City as an Information Technology Center, <--!0123-->Proclamation No. 123 (Phil. 2016)
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