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WHEREAS, Republic Act No. 7227, otherwise known as the Bases Conversion and Development Act of 1992, created the Bases Conversion and Development (BCDA) to accelerate the sound and balanced conversion of the Clark and Subic Military reservations and their extensions into alternative productive uses and promote the economic and social development of Central Luzon, in particular, and the country in general;

WHEREAS, pursuant to Section 15 of Republic Act No. 7227, the President issued Presidential Proclamation No. 163, s. of 1993, which created the Clark Special Economic Zone (CSEZ) and defined its extent;

WHEREAS, Executive Order No. 80, s. of 1993, created the Clark Development Corporation (CDC) to be the implementing and operating arm of the BCDA to manage the CSEZ;

WHEREAS, part of the former Clark Air Base Military Reservation, which reverted to the Philippine Government in 1979, is a vast land comprising approximately of five thousand seven hundred twenty four (5,724) hectares covering the municipalities of Bamban, Tarlac and Mabalacat, Pampanga, more commonly known as Sacobia;

WHEREAS, CDC's development objectives for communities around the former Clark Air Base area is in consonance with the Sacobia Development Authority's (SDA) specific objectives as identified in Executive Order No. 586, s. of 1980;

WHEREAS, to alleviate the economic situation of the communities in Sacobia and in response to the clamor of investors to open up the area for agri-business activities, the CDC envisions Sacobia to be the food basin for the CSEZ, the Central Luzon region, and the country in general with its abundant produce feeding other parts of the world to generate dollars for our economy;

WHEREAS, investors have shown strong interest to infuse capital for the development of Sacobia once it is included in the CSEZ and put under the management, operation, and control of the CDC since the latter can offer incentives and attractions for business and entrepreneurship;

WHEREAS, the Province of Tarlac and the Municipalities of Bamban, Tarlac and Mabalacat, Pampanga, through Resolutions of their respective Provincial and Municipal Boards, signified their concurrence to have the Sacobia area included in the CSEZ;

WHEREAS, Sacobia, once included in the CSEZ, will enjoy the incentives and privileges granted to the CSEZ thereby ensuring the development of the area through active participation of private investors and entrepreneurs and the attainment of the basic goals and objectives for Sacobia and its communities;

NOW, THEREFORE, I, FIDEL V. RAMOS, President of the Republic of the Philippines, by virtue of the powers vested in me by law and the sovereign will of the people, do hereby include in the Clark Special Economic Zone the five thousand seven hundred twenty four (5,724) hectare portion located in the municipalities of Mabalacat, Pampanga and Bamban, Tarlac, more commonly known as Sacobia, which parcels of land, subject to the final survey and delineation on the ground by the Department of Environment and Natural Resources (DENR), are described and defined in Survey No. 03-000083 of the DENR, Region III, Land Management Sector. Further, vested rights and valid ancestral domain claims within the Sacobia area as verified and validated by the DENR and other pertinent government agencies shall be respected.

IN WITNESS WHEREOF, I have hereunto set my hand and caused the seal of the Republic of the Philippines to be affixed.

Adopted: 14 June 1996


(SGD.) RUBEN D. TORRES
Executive Secretary