Creating and Designating a Building, Located at C.M. Recto Avenue and Corrales Street, Cagayan De Oro City, As an Information Technology Center, Pursuant To Republic Act No. 7916, As Amended By Republic Act No. 8748

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Creating and Designating a Building, Located at C.M. Recto Avenue and Corrales Street, Cagayan De Oro City, As an Information Technology Center, Pursuant To Republic Act No. 7916, As Amended By Republic Act No. 8748

Proclamation No. 1216

February 11, 2016

Case Overview and Summary

Summary of Proclamation No. 1216

Designation of an Information Technology (IT) Center
- Pursuant to Republic Act (RA) No. 7916 (Special Economic Zone Act of 1995), as amended by RA No. 8748.
- Upon the recommendation of the Board of Directors of the Philippine Economic Zone Authority (PEZA).

Name and Location of the IT Center
- The IT Center is designated as the "Centrio Corporate Center".
- Located at C.M. Recto Avenue and Corrales Street, Cagayan de Oro City.

Technical Details
- Gross floor area: 11,378.28 square meters.
- Stands on two parcels of land with an aggregate land area of 2,500 square meters, more or less.
- Detailed technical description of the two parcels of land (BPO Lot 1 and BPO Lot 2) is provided, including boundaries, coordinates, and survey details.

Legal Basis
- Created and designated as an IT Center pursuant to the provisions of RA No. 7916, as amended, its Implementing Rules and Regulations, and relevant PEZA Board Resolutions (No. 00-411, 11-066, 15-240, and 14-431).

Amends

n/a

Amended by

n/a

Tags

Executive Issuances

Proclamations

Information Technology Center

Centrio Corporate Center

Cagayan de Oro City

Philippine Economic Zone Authority

Special Economic Zone Act

Republic Act No. 7916

Republic Act No. 8748

Technical Description

Land Area

Gross Floor Area

Law

Creating and Designating a Building, Located at C.M. Recto Avenue and Corrales Street, Cagayan De Oro City, As an Information Technology Center, Pursuant To Republic Act No. 7916, As Amended By Republic Act No. 8748

Proclamation No. 1216

February 11, 2016

MALACAÑANGManila BY THE PRESIDENT OF THE PHILIPPINES PROCLAMATION No. 1216 CREATING AND DESIGNATING A BUILDING, LOCATED AT C.M. RECTO AVENUE AND CORRALES STREET, CAGAYAN DE ORO 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, BENIGNO S. AQUINO III, 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. 14-431 (s. 2014) of the PEZA Board of Directors, as an Information Technology (IT) Center, to be known as the Centrio Corporate Center, with a gross floor area of Eleven Thousand Three Hundred Seventy-Eight square meters...
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Creating and Designating a Building, Located at C.M. Recto Avenue and Corrales Street, Cagayan De Oro City, As an Information Technology Center, Pursuant To Republic Act No. 7916, As Amended By Republic Act No. 8748

Amends

n/a

Amended by

n/a

Tags

Executive Issuances

Proclamations

Information Technology Center

Centrio Corporate Center

Cagayan de Oro City

Philippine Economic Zone Authority

Special Economic Zone Act

Republic Act No. 7916

Republic Act No. 8748

Technical Description

Land Area

Gross Floor Area

MALACAÑANGManila BY THE PRESIDENT OF THE PHILIPPINES PROCLAMATION No. 1216 CREATING AND DESIGNATING A BUILDING, LOCATED AT C.M. RECTO AVENUE AND CORRALES STREET, CAGAYAN DE ORO 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, BENIGNO S. AQUINO III, 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. 14-431 (s. 2014) of the PEZA Board of Directors, as an Information Technology (IT) Center, to be known as the Centrio Corporate Center, with a gross floor area of Eleven Thousand Three Hundred Seventy-Eight square meters...
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Creating and Designating a Building, Located at C.M. Recto Avenue and Corrales Street, Cagayan De Oro City, As an Information Technology Center, Pursuant To Republic Act No. 7916, As Amended By Republic Act No. 8748