Creating and Designating the Makati Gateway in Barangay San Lorenzo, Makati City as a Special Economic Zone (IT Center)
Proclamation No. 418, issued on February 5, 2018, establishes a building known as Makati Gateway as a Special Economic Zone (Information Technology Center) in Makati City, under the authority of Republic Act No. 7916, as amended. The designated area includes a gross floor space of approximately 182,938.42 square meters and an aggregate land area of 7,657 square meters, located at the intersection of Ayala Avenue, Salcedo, and Amorsolo Streets. This designation aims to promote economic activities in the information technology sector, following the recommendations of the Philippine Economic Zone Authority (PEZA). The proclamation details the technical descriptions and boundaries of the land parcels involved, ensuring compliance with existing laws and regulations governing special economic zones.
Quick Answers
- What is Creating and Designating the Makati Gateway in Barangay San Lorenzo, Makati City as a Special Economic Zone (IT Center) about?
- Proclamation No. 418, issued on February 5, 2018, establishes a building known as Makati Gateway as a Special Economic Zone (Information Technology Center) in Makati City, under the authority of Republic Act No. 7916, as amended. The designated area includes a gross floor space of approximately 182,938.42 square meters and an aggregate land area of 7,657 square meters, located at the intersection of Ayala Avenue, Salcedo, and Amorsolo Streets. This designation aims to promote economic activities in the information technology sector, following the recommendations of the Philippine Economic Zone Authority (PEZA). The proclamation details the technical descriptions and boundaries of the land parcels involved, ensuring compliance with existing laws and regulations governing special economic zones.
- What type of law is Proclamation No. 418?
- Creating and Designating the Makati Gateway in Barangay San Lorenzo, Makati City as a Special Economic Zone (IT Center) (Proclamation No. 418) is a Philippine Presidential Issuances enacted by the Congress of the Philippines.
- When was Creating and Designating the Makati Gateway in Barangay San Lorenzo, Makati City as a Special Economic Zone (IT Center) enacted?
- Creating and Designating the Makati Gateway in Barangay San Lorenzo, Makati City as a Special Economic Zone (IT Center) (Proclamation No. 418) was enacted on Feb 5, 2018.
- What is the citation for Creating and Designating the Makati Gateway in Barangay San Lorenzo, Makati City as a Special Economic Zone (IT Center)?
- Creating and Designating the Makati Gateway in Barangay San Lorenzo, Makati City as a Special Economic Zone (IT Center), Proclamation No. 418, Feb 5, 2018 (Philippines)
Law Information
- Reference Number
- Proclamation No. 418
- Date Enacted
- Category
- Presidential Issuances
- Subcategory
- Presidential Proclamations
- Jurisdiction
- Philippines
- Enacting Body
- Congress of the Philippines
Full Law Text
February 5, 2018
PROCLAMATION NO. 418
CREATING AND DESIGNATING A BUILDING AND THE PARCELS OF LAND UPON WHICH IT STANDS, LOCATED AT AYALA AVENUE CORNER SALCEDO AND AMORSOLO STREETS, BARANGAY SAN LORENZO, MAKATI 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 No. 7916, otherwise known as the "Special Economic Zone Act of 1995," as amended by Republic Act 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 Makati Gateway, with a gross floor area of One Hundred Eighty-Two Thousand Nine Hundred Thirty-Eight and 42/100 square meters (182,938.42 m2), more or less, and the parcels of land upon which the building stands, located at Ayala Avenue corner Salcedo and Amorsolo Streets, Barangay San Lorenzo, Makati City, with an aggregate area of Seven Thousand Six Hundred Fifty-Seven square meters (7,657 m2), more or less, subject to the provisions of Republic Act No. 7916, as amended, its Implementing Rules and Regulations, 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. 14-357 (s. 2014) of the PEZA Board of Directors, as a Special Economic Zone (Information Technology Center), as defined by the following technical descriptions:
Lot 1
A parcel of land covered by TCT No. 210685 (Lot 1 of the cons. subd. plan, Pcs-00-007133, being a portion of the cons. of Lots 2-A-1-B & 2-A-1-C, (LRC) Psd-30865, L.R.C. Rec. No. 2029), situated in Brgy. San Lorenzo, Makati City, Metro Manila, Island of Luzon.
Bounded on the SW., along line 1-2 by Lot 2-A-1-A (LRC) Psd-30865; on the NW., along line 2-3 by Street Lot 2 (LRC) Psd-4624 (19.00 m. wide); on the NE., along line 3-6 by Lot 2, of the cons. subd. plan; on the SE., along line 6-12 by Lot 2-A-1-F (LRC) Psd-30865 and beyond Street Lot 1, (LRC) Psd-4624 and on the SW., along line 12-1 by Lot 2-A-1-A, (LRC) Psd-30865.
Beginning at a point marked "1" on plan, being S. 64 deg. 34' W., 2086.80 m. from BLLM No. 1, Makati,
thence N. 38 deg. 16' W., 51.02 m. to point 2;
thence N. 57 deg. 52' E., 27.87 m. to point 3;
thence S. 56 deg. 20' E., 44.81 m. to point 4;
thence S. 33 deg. 48' W., 15.00 m. to point 5;
thence S. 56 deg. 18' E., 44.70 m. to point 6;
thence S. 31 deg. 44' W., 2.75 m. to point 7;
thence S. 30 deg. 23' W., 6.84 m. to point 8;
thence S. 29 deg. 00' W., 6.64 m. to point 9;
thence S. 27 deg. 28' W., 6.48 m. to point 10;
thence S. 25 deg. 38' W., 6.33 m. to point 11;
thence S. 23 deg. 50' W., 5.19 m. to point 12;
thence N. 48 deg. 11' W., 56.37 m. to the point of
beginning; containing an area of Three Thousand One Hundred Eighty-Two square meters (3,182 m2) more or less. All points referred to are indicated on the plan and marked on the ground by old PLS & PS cyl. conc. mons. 15 x 60 cm.; bearings, true; date of original survey, December 10, 1923 to January 9, 1924, and that of the cons. subd. survey, March 20, 1996. Approved April 18, 1996. ITAaHc
Lot 2
A parcel of land covered by TCT No. 006-2013000751 (Lot 2 of the cons. subd. plan Pcs-00-007133, being a portion of the cons. of Lots 2-A-1-B & 2-A-1-C, (LRC) Psd-30865, L.R.C. Rec. No. 2029), situated in Brgy. San Lorenzo, Makati City, Metro Manila, Island of Luzon.
Bounded on the SW., along line 1-3 by Lot 1 of the cons. subd. plan; on the NW., along lines 3-15 by Street Lot 2, (LRC) Psd-4624 (19.00 m. wide); on the NE., along line 15-16 by Lot 2-A-1-D, Psd-30865; along line 16-17 by Street Lot 3, (LRC) Psd-4624, along line 17-18 by Lot 2-A-1-E (LRC) Psd-30865; on the SE., along lines 18-22 by Street Lot 1, (LRC) Psd-4624; along line 22-23 by Lot 2-A-1-F (LRC) Psd-30865, along lines 23-27 by Street Lot 1 (LRC) Psd-4624 and on the SW., along line 27-1 by Lot 1 of the cons. subd. plan.
Beginning at a point marked "1" on plan, being S. 64 deg. 45' W., 2060.53 m. from BLLM No. 1, Makati,
thence N. 33 deg. 48' E., 15.00 m. to point 2;
thence N. 56 deg. 20' W., 44.81 m. to point 3;
thence N. 57 deg. 52' E., 17.09 m. to point 4;
thence N. 57 deg. 52' E., 25.00 m. to point 5;
thence N. 61 deg. 15' E., 2.95 m. to point 6;
thence N. 68 deg. 01' E., 2.95 m. to point 7;
thence N. 74 deg. 47' E., 2.95 m. to point 8;
thence N. 81 deg. 33' E., 2.95 m. to point 9;
thence N. 88 deg. 19' E., 2.95 m. to point 10;
thence S. 84 deg. 55' E., 2.95 m. to point 11;
thence S. 78 deg. 09' E., 2.95 m. to point 12;
thence S. 71 deg. 23' E., 2.95 m. to point 13;
thence S. 64 deg. 37' E., 2.95 m. to point 14;
thence S. 57 deg. 51' E., 2.95 m. to point 15;
thence S. 43 deg. 19' E., 17.74 m. to point 16;
thence S. 43 deg. 19' E., 9.42 m. to point 17;
thence S. 43 deg. 24' E., 16.67 m. to point 18;
thence S. 24 deg. 28' E., 3.04 m. to point 19;
thence S. 10 deg. 28' E., 3.04 m. to point 20;
thence S. 03 deg. 30' W., 3.04 m. to point 21;
thence S. 17 deg. 30' W., 3.04 m. to point 22;
thence S. 36 deg. 29' W., 22.52 m. to point 23;
thence S. 35 deg. 22' W., 7.60 m. to point 24;
thence S. 34 deg. 16' W., 7.41 m. to point 25;
thence S. 33 deg. 04' W., 7.22 m. to point 26;
thence S. 31 deg. 44' W., 4.25 m. to point 27;
thence N. 56 deg. 18' W., 44.70 m. to the point of
beginning; containing an area of Four Thousand Four Hundred Seventy-Five square meters (4,475 m2) more or less. All points referred to are indicated on the plan and are marked on the ground by old PLS & PS cyl. conc. mons. 15 x 60 cm.; bearings, true; date of original survey, December 10, 1923 to January 9, 1924, and that of the cons. subd. survey, March 20, 1996. Approved April 18, 1996.
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 5th day of February, in the year of Our Lord, Two Thousand and Eighteen.
Cite This Law
Creating and Designating the Makati Gateway in Barangay San Lorenzo, Makati City as a Special Economic Zone (IT Center), Proclamation No. 418, Feb 5, 2018 (Philippines)
Creating and Designating the Makati Gateway in Barangay San Lorenzo, Makati City as a Special Economic Zone (IT Center), Proclamation No. 418 (Phil. 2018)
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