Creating and Designating a Building to be Known as Bench City Center in Taguig City, as a Special Economic Zone (Information Technology Center)
Proclamation No. 948, issued on May 26, 2020, designates a building and the surrounding land in Block 5, City Center, North Bonifacio Global City, Taguig, as a Special Economic Zone (Information Technology Center) under Republic Act No. 7916, as amended. The building, known as Bench City Center, spans a gross floor area of 48,834.13 square meters, with the land area approximately 3,792 square meters. This designation follows recommendations from the Philippine Economic Zone Authority (PEZA) and adheres to the relevant legal frameworks. The proclamation aims to promote economic activity in the region, particularly in the IT sector. The official publication of this proclamation occurred in the Official Gazette on June 8, 2020.
Law Information
- Reference Number
- Proclamation No. 948
- Date Enacted
- Category
- Presidential Issuances
- Subcategory
- Presidential Proclamations
- Jurisdiction
- Philippines
- Enacting Body
- Congress of the Philippines
Full Law Text
May 26, 2020
PROCLAMATION NO. 948
CREATING AND DESIGNATING A BUILDING AND THE PARCELS OF LAND UPON WHICH IT STANDS, LOCATED IN BLOCK 5, CITY CENTER, NORTH BONIFACIO GLOBAL CITY, TAGUIG CITY, AS A SPECIAL ECONOMIC ZONE (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 Republic of the Philippines, do hereby create and designate a building, to be known as Bench City Center, with a gross floor area of Forty-Eight Thousand Eight Hundred Thirty-Four and thirteen hundredths square meters (48,834.13 m2), and the parcels of land upon which the building stands, particularly Lots 2 and 3, Block 5, City Center, North Bonifacio Global City, Taguig City, with an area of Three Thousand Seven Hundred Ninety-Two square meters (3,792 m2), more or less, subject to the provisions of RA No. 7916, as amended, its Implementing Rules and Regulations, PEZA Board of Directors Resolution No. 00-411 (s. 2000), as amended by Resolution Nos. 11-066 (s. 2011), 15-240 (s. 2015) and 17-472 (s. 2017), and Resolution No. 17-304 (s. 2017), as a Special Economic Zone (Information Technology Center), as defined by the following technical descriptions: HTcADC
Lot 2, Block 5
A parcel of land (Lot 2 Blk. 5 of the consolidation subdivision plan Pcs-00-012537, being a portion of Lots 1 to 4 of Block 18, Lots 1 to 4 of Block 19, Blocks 20, 22, 38 to 42, Lots 1 to 4 of Block 43, Lots 1 to 4 of Block 44, Blocks 48, 49, 65, Res. Access Lots 22 to 25, 27, 28, 41, 42, 46 and 47, all of Psd-00-046745; Lots 1 to 5 of Psd-00-053382; Lots 1 to 5 of Psd-00-053379; Lot 2 of Psd-00-055385; Lot 1 of Psd-00-058000; Res. Access Lots 40-A and 40-B of Psd-00-057864; Res. Access Lots 1 to 3 of Pcs-00-009913; Res. Access Lots 43-A and 43-B of Psd-00-058167; Res. Access Lot 39-A of Psd-00-058168 and Res. Access Lot 51-D of Psd-00-058169, LRC Rec. No.), situated in the Barangay of Fort Bonifacio, City of Taguig, Province of Metro Manila, Island of Luzon.
Bounded on the NE., along line 1-2 by Lot 1, Block 5 of Pcs-00-012537; on the SE., along lines 2-3-4 by Reserved Access Lot 51-C of Psd-00-058169; on the SW., along line 4-5 by Lot 3, Block 5 of Pcs-00-012537; on the NW., along line 5-1 by Lot 14, Block 5 (Res. Access Road) of Pcs-00-012537.
Beginning at a point marked "1" on plan, being N. 36 deg. 32' W., 3,697.53 m. from BLLM 1, Taguig Cadastral Mapping;
thence S. 71 deg. 48' E., 50.00 m. to point 2;
beginning, containing an area of One Thousand Eight Hundred Ninety-Six square meters (1,896 m2) more or less. All points referred to are indicated on the plan and are marked on the ground by PS cyl. conc. mons. 15 x 40 cms., bearings true; date of original survey September-December 1907 and that of the consolidation subdivision survey, 1-20 April 2008 and was approved on 04 August 2008. CAIHTE
Lot 3, Block 5
A parcel of land (Lot 3, Blk. 5 of the consolidation subdivision plan Pcs-00-012537, being a portion of Lots 1 to 4 of Block 18, Lots 1 to 4 of Block 19, Blocks 20, 22, 38 to 42, Lots 1 to 4 of Block 43, Lots 1 to 4 of Block 44; Blocks 48, 49, 65, Res. Access Lots 22 to 25, 27, 28, 41, 42, 46 and 47, all of Psd-00-046745; Lots 1 to 5 of Psd-00-053382; Lots 1 to 5 of Psd-00-053379; Lot 2 of Psd-00-055385; Lot 1 of Psd-00-058000; Res. Access Lots 40-A and 40-B of Psd-00-057864; Res. Access Lots 1 to 3 of Pcs-00-009913; Res. Access Lots 43-A and 43-B of Psd-00-058167; Res. Access Lot 39-A of Psd-00-058168 and Res. Access Lot 51-D of Psd-00-058169, LRC Rec. No.) situated in the Barangay of Fort Bonifacio, City of Taguig, Province of Metro Manila, Island of Luzon.
Bounded on the NW., along line 1-2 by Lot 14, Block 5 (Res. Access Road) of Pcs-00-012537; on the NE., along line 2-3 by Lot 2, Block 5 of Pcs-00-012537; on the SE., along lines 3-4-5-6 by Reserved Access Lot 51-C of Psd-00-058169; on the SW., along line 6-1 by Lot 4, Block 5 (Res. Access Road) of Pcs-00-012537.
Beginning at a point marked "1" on plan, being N. 37 deg. 31' W., 3,654.28 m. from BLLM 1, Taguig Cadastral Mapping;
thence N. 18 deg. 12' E., 37.92 m. to point 2;
beginning, containing an area of One Thousand Eight Hundred Ninety-Six square meters (1,896 m2) more or less. All points referred to are indicated on the plan and are marked on the ground by PS cyl. conc. mons. 15 x 40 cms., bearings true; date of original survey September-December 1907 and that of the consolidation subdivision survey, 1-20 April 2008 and was approved on 04 August 2008.
IN WITNESS WHEREOF, I have hereunto set my hand and caused the seal of the Republic of the Philippines to be affixed hereto. aScITE
DONE in the City of Manila, this 26th day of May, in the year of Our Lord, Two Thousand and Twenty.
Published in the Official Gazette, Vol. 116, No. 23, p. 4126 on June 8, 2020.
Cite This Law
Creating and Designating a Building to be Known as Bench City Center in Taguig City, as a Special Economic Zone (Information Technology Center), Proclamation No. 948, May 26, 2020 (Philippines)
Creating and Designating a Building to be Known as Bench City Center in Taguig City, as a Special Economic Zone (Information Technology Center), Proclamation No. 948 (Phil. 2020)
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