Creating and Designating a Building to be Known as CBC Asia Technozone in Bacoor City, Cavite, as a Special Economic Zone (Information Technology Center)
Proclamation No. 1196, issued on August 5, 2021, designates a building and surrounding land in Bacoor City, Cavite, as a Special Economic Zone (Information Technology Center) under Republic Act No. 7916, as amended. The designated site, known as CBC Asia Technozone, encompasses a total area of approximately 50,278 square meters. This proclamation follows recommendations from the Philippine Economic Zone Authority (PEZA) and adheres to existing laws and regulations governing special economic zones. The legal description of the land includes detailed boundaries and measurements to delineate its exact location.
Law Information
- Reference Number
- Proclamation No. 1196
- Date Enacted
- Category
- Presidential Issuances
- Subcategory
- Presidential Proclamations
- Jurisdiction
- Philippines
- Enacting Body
- Congress of the Philippines
Full Law Text
August 5, 2021
PROCLAMATION NO. 1196
CREATING AND DESIGNATING A BUILDING AND THE PARCELS OF LAND WHERE IT STANDS, LOCATED ALONG EMILIO AGUINALDO HIGHWAY, BARANGAY TALABA VII, BACOOR CITY, CAVITE, 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, with a gross floor area of Fifty Thousand Two Hundred Seventy-Seven and 76/100 square meters (50,277.76 m2), more or less, and the parcels of land where the building stands, located along Emilio Aguinaldo Highway, Barangay Talaba VII, Bacoor City, Cavite, as Special Economic Zone (Information Technology Center) to be known as CBC Asia Technozone, subject to the provisions of RA No. 7916, as amended, its Implementing Rules and Regulations, PEZA Board 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. 17-676 (s. 2017), as amended by Resolution No. 19-441 (s. 2019), with an aggregate area of Seven Thousand square meters (7,000 m2), more or less, as defined by the following technical descriptions:
Lot 2-A-5-A-1
A parcel of land (Lot 2-A-5-A-1, (LRC) Psd-274884, being a portion of Lot 2-A-5-A, (LRC) Psd-267000, LRC Rec. No. 18826), situated in Barrio Talaba, Bacoor, Cavite.
Bounded on the W. and NE., pts. 1-2-3 by Lot 2-A-2, (LRC) Psd-110980; on the SE. pts. 3-4 by Lot 2-B, (LRC) Psd-99697, now National Road 20.00 m. wide; and on the SW. pts. 4-1 by Lot 2-A-5-A-2, (LRC) Psd-274884.
Beginning at a point marked "1" on the plan, being S. 88 deg. 07' E., 1,620.95 m. from BLLM No. 20, Bacoor Cadastre.
thence Due North 35.47 m. to point 2;
beginning; containing an area of Three Thousand Five Hundred square meters (3,500 m2), more or less. All points referred to are indicated on the plan and are marked on the ground as follows: Points 1 to 2 by PS and the rest by old PS cyl. conc. mons. 15x60 cms., Bearings true; date of original survey: 10-11 August 1911; date of subdivision/consolidation survey: 19 November 1977.
Lot 2-A-5-A-2
A parcel of land (Lot 2-A-5-A-2, (LRC) Psd-274884, being a portion of Lot 2-A-5-A, (LRC) Psd-267000, LRC Rec. No. 18826), situated in Barrio Talaba, Bacoor, Cavite.
Bounded on the NE., pts. 1-2 by Lot 2-A-5-A-1, (LRC) Psd-274884; on the SE. pts. 2-3-4 by Lot 2-B, (LRC) Psd-99697, now National Road 20.00 m. wide; and on the SW. pts. 4 to 5 by Lot 2-A-5-B (LRC) Psd-26700, and on the W., pts. 5-1 by Lot 2-A-2, (LRC) Psd-1110980.
Beginning at a point marked "1" on the plan, being S. 88 deg. 07' E., 1,620.95 m. from BLLM No. 20, Bacoor Cadastre.
thence S. 59 deg. 35' E., 122.75 m. to point 2;
beginning; containing an area of Three Thousand Five Hundred square meters (3,500 m2), more or less. All points referred to are indicated on the plan and are marked on the ground as follows: Points 1 to 2 by PS and the rest by old PS cyl. conc. mons. 15x60 cms.; Bearings true; date of original survey: 10-11 August 1911; date of subdivision/consolidation survey: 19 November 1977.
IN WITNESS WHEREOF, I have hereunto set my hand and caused the seal of the Republic of the Philippines to be affixed.
DONE in the City of Manila, this 5th day of August, in the year of Our Lord, Two Thousand and Twenty-One.
Published in the Official Gazette, Vol. 117, No. 33, p. 8350 on August 16, 2021.
Cite This Law
Creating and Designating a Building to be Known as CBC Asia Technozone in Bacoor City, Cavite, as a Special Economic Zone (Information Technology Center), Proclamation No. 1196, Aug 5, 2021 (Philippines)
Creating and Designating a Building to be Known as CBC Asia Technozone in Bacoor City, Cavite, as a Special Economic Zone (Information Technology Center), Proclamation No. 1196 (Phil. 2021)
Browse More Presidential Issuances
Explore other laws in the Presidential Issuances category.
View All Presidential IssuancesNeed Help Understanding This Law?
Ask our AI assistant to explain provisions, implications, or related laws.
Ask AI About This Law