Creating and Designating a Building to be Known as Silver City 4 in Pasig City, as a Special Economic Zone (Information Technology Center)
Proclamation No. 897, issued on January 28, 2020, designates a building and its land at Frontera Verde, Pasig City, as a Special Economic Zone (Information Technology Center) under the Special Economic Zone Act of 1995, as amended. The building, named Silver City 4, has a gross floor area of approximately 30,282 square meters, while the designated land covers around 3,684 square meters. This designation is based on recommendations from the Philippine Economic Zone Authority (PEZA) and complies with relevant laws and regulations. The proclamation aims to enhance the economic development of the area by promoting IT-related investments and activities.
Quick Answers
- What is Creating and Designating a Building to be Known as Silver City 4 in Pasig City, as a Special Economic Zone (Information Technology Center) about?
- Proclamation No. 897, issued on January 28, 2020, designates a building and its land at Frontera Verde, Pasig City, as a Special Economic Zone (Information Technology Center) under the Special Economic Zone Act of 1995, as amended. The building, named Silver City 4, has a gross floor area of approximately 30,282 square meters, while the designated land covers around 3,684 square meters. This designation is based on recommendations from the Philippine Economic Zone Authority (PEZA) and complies with relevant laws and regulations. The proclamation aims to enhance the economic development of the area by promoting IT-related investments and activities.
- What type of law is Proclamation No. 897?
- Creating and Designating a Building to be Known as Silver City 4 in Pasig City, as a Special Economic Zone (Information Technology Center) (Proclamation No. 897) is a Philippine Presidential Issuances enacted by the Congress of the Philippines.
- When was Creating and Designating a Building to be Known as Silver City 4 in Pasig City, as a Special Economic Zone (Information Technology Center) enacted?
- Creating and Designating a Building to be Known as Silver City 4 in Pasig City, as a Special Economic Zone (Information Technology Center) (Proclamation No. 897) was enacted on Jan 28, 2020.
- What is the citation for Creating and Designating a Building to be Known as Silver City 4 in Pasig City, as a Special Economic Zone (Information Technology Center)?
- Creating and Designating a Building to be Known as Silver City 4 in Pasig City, as a Special Economic Zone (Information Technology Center), Proclamation No. 897, Jan 28, 2020 (Philippines)
Law Information
- Reference Number
- Proclamation No. 897
- Date Enacted
- Category
- Presidential Issuances
- Subcategory
- Presidential Proclamations
- Jurisdiction
- Philippines
- Enacting Body
- Congress of the Philippines
Full Law Text
January 28, 2020
PROCLAMATION NO. 897
CREATING AND DESIGNATING A BUILDING AND THE PARCEL OF LAND ON WHICH IT STANDS, LOCATED AT FRONTERA VERDE, C-5 CORNER ORTIGAS AVENUE, BARANGAY UGONG, PASIG 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 Silver City 4, with a gross floor area of Thirty Thousand Two Hundred Eighty-Two square meters (30,282 m2), more or less, and the parcel of land on which the building stands, located at Frontera Verde, C-5 corner Ortigas Avenue, Barangay Ugong, Pasig City, with an area of Three Thousand Six Hundred Eighty-Four square meters (3,684 m2), more or less, 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. 16-632 (s. 2016), as amended by Resolution No. 19-014 (s. 2019), as a Special Economic Zone (Information Technology Center), as defined by the following technical description:
Portion of Lot 5-B-3-A-1
A parcel of land covered by TCT No. PT-113596 (Portion of Lot 5-B-3-A-1, Psd-00-053582, LRC Record No.), situated in Barangay Ugong, Pasig City, Metro Manila, Island of Luzon.
Bounded on the NE., SE., SW., and NW., along line 1 to 57-1 by portion of Lot 5-B-3-A-1, Psd-00-053582.
Beginning at a point marked "1" on the plan, being S. 89 deg. 28' E., 2,657.42 m. from BLLM # 1 Wack-Wack;
thence N. 00 deg. 39' W., 17.00 m. to point 2;
thence S. 89 deg. 22' W., 2.97 m. to point 3;
thence N. 04 deg. 12' W., 43.58 m. to point 4;
thence N. 89 deg. 23' E., 10.10 m. to point 5;
thence N. 89 deg. 21' E., 24.42 m. to point 6;
thence N. 00 deg. 38' W., 4.41 m. to point 7;
thence N. 89 deg. 22' E., 7.25 m. to point 8;
thence S. 00 deg. 38' E., 4.10 m. to point 9;
thence N. 89 deg. 21' E., 9.50 m. to point 10;
thence S. 00 deg. 38' E., 4.03 m. to point 11;
thence S. 89 deg. 22' W., 1.39 m. to point 12;
thence S. 00 deg. 43' E., 2.88 m. to point 13;
thence S. 11 deg. 56' E., 2.01 m. to point 14;
thence N. 75 deg. 31' E., 0.99 m. to point 15;
thence S. 16 deg. 01' E., 1.02 m. to point 16;
thence S. 19 deg. 06' E., 1.02 m. to point 17;
thence S. 22 deg. 10' E., 1.02 m. to point 18;
thence S. 25 deg. 14' E., 1.02 m. to point 19;
thence S. 28 deg. 19' E., 1.02 m. to point 20;
thence S. 31 deg. 23' E., 1.02 m. to point 21;
thence S. 34 deg. 28' E., 1.02 m. to point 22;
thence S. 37 deg. 32' E., 1.02 m. to point 23;
thence S. 40 deg. 37' E., 1.02 m. to point 24;
thence S. 43 deg. 41' E., 1.02 m. to point 25;
thence S. 46 deg. 46' E., 1.02 m. to point 26;
thence S. 49 deg. 50' E., 1.02 m. to point 27;
thence S. 52 deg. 55' E., 1.02 m. to point 28;
thence S. 55 deg. 59' E., 1.02 m. to point 29;
thence S. 59 deg. 03' E., 1.02 m. to point 30;
thence S. 62 deg. 08' E., 1.02 m. to point 31;
thence S. 65 deg. 12' E., 1.02 m. to point 32;
thence S. 68 deg. 17' E., 1.02 m. to point 33;
thence S. 71 deg. 21' E., 1.02 m. to point 34;
thence S. 74 deg. 26' E., 1.02 m. to point 35;
thence S. 77 deg. 30' E., 1.02 m. to point 36;
thence S. 80 deg. 35' E., 1.02 m. to point 37;
thence S. 83 deg. 39' E., 1.02 m. to point 38;
thence S. 00 deg. 38' E., 3.34 m. to point 39;
thence S. 89 deg. 22' W., 1.00 m. to point 40;
thence S. 00 deg. 39' E., 1.00 m. to point 41;
thence N. 89 deg. 22' E., 1.00 m. to point 42;
thence S. 00 deg. 38' E., 6.40 m. to point 43;
thence S. 89 deg. 22' W., 1.00 m. to point 44;
thence S. 00 deg. 38' E., 0.55 m. to point 45;
thence N. 89 deg. 22' E., 0.60 m. to point 46;
thence S. 00 deg. 38' E., 1.00 m. to point 47;
thence N. 89 deg. 22' E., 0.60 m. to point 48;
thence S. 00 deg. 38' E., 19.00 m. to point 49;
thence S. 89 deg. 22' W., 1.20 m. to point 50;
thence S. 00 deg. 38' W., 9.27 m. to point 51;
thence S. 89 deg. 22' W., 9.00 m. to point 52;
thence N. 00 deg. 38' W., 2.77 m. to point 53;
thence S. 89 deg. 22' W., 8.50 m. to point 54;
thence N. 00 deg. 39' W., 0.60 m. to point 55;
thence S. 89 deg. 22' W., 8.00 m. to point 56;
thence S. 00 deg. 38' E., 0.60 m. to point 57;
thence S. 89 deg. 21' W., 35.70 m. to point of
beginning; containing an area of Three Thousand Six Hundred Eighty-Four square meters (3,684 m2), more or less. All corners are PS cyl. conc. mons. 15 x 60 cms. Bearings True.
The sketch plan and technical description of an area of 3,684 m2 (being a portion of the 21,697.50-square meters property of Ortigas & Company, Limited Partnership, identified as Lot 5-B-3-A-1, covered by TCT No. PT-113596), was prepared by Private Geodetic Engr. Manuel C. Balce, Jr.; verified by Engr. Patrick A. Macazo, Engineer II, DENR-NCR, on 27 November 2017; checked by Rogelio M. Lapus, Chief — Aggregate Surveys and Correction Section, DENR-NCR, and Ignacio R. Almira, Jr., Chief — Surveys and Mapping Division, DENR-NCR, on 06 December 2017; noted by Sofio B. Quintana, Assistant Regional Director for Technical Services, DENR-NCR, on 06 December 2017.
IN WITNESS WHEREOF, 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 28th day of January, in the year of Our Lord, Two Thousand and Twenty.
Cite This Law
Creating and Designating a Building to be Known as Silver City 4 in Pasig City, as a Special Economic Zone (Information Technology Center), Proclamation No. 897, Jan 28, 2020 (Philippines)
Creating and Designating a Building to be Known as Silver City 4 in Pasig City, as a Special Economic Zone (Information Technology Center), Proclamation No. 897 (Phil. 2020)
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