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100 OG No. 36, 5891 (September 16, 2004)

[ PROCLAMATION NO. 626, May 01, 2004 ]

CREATING AND DESIGNATING PARCELS OF LAND SITUATED AT FOOD TERMINAL COMPLEX, EAST SERVICE ROAD, BARANGAY BICUTAN, TAGUIG, METRO MANILA AS SPECIAL ECONOMIC ZONE 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, GLORIA MACAPAGAL-ARROYO, President of the Republic of the Philippines, do hereby create and designate as Special Economic Zone, subject to the provisions of Republic Act No. 7916 as amended, its Implementing Rules and Regulations, and Resolutions No. 03-322 dated 11 December 2003 of the PEZA Board of Directors, parcels of land situated at Food Terminal Complex, East Service Road, Barangay Bicutan, Taguig, Metro Manila, consisting an aggregate area of TWO HUNDRED FORTY THREE THOUSAND NINE HUNDRED SIXTY ONE (243,961) SQUARE METERS, more or less, as defined by the following technical descriptions:

Lot 1 Psd-00-064425

Food Terminal Incorporated

A PARCEL OF LAND (Lot 1 of the subd. Plan Psd-00-064425, being a portion of Swo-13-000540, LRC Record No., situated in Barangay of Bicutan, Mun. of Taguig, Metro Manila, Island of Luzon

Bounded on the SW., NW., along lines 1-2-3-4 by Road Lot 2; along line 4-5 by Lot 27; on the NE., along line 5-6 by Road Lot 1; and on the SE. along line 6-1 by Lot 2 all of the subd. Plan.

Beginning at a point "1" marked on plan, being S.51 deg. 01’W., 3364.42 from BLLM 1, Taguig, Metro Manila;

Beginning, containing an area of FOURTEEN THOUSAND FOUR HUNDRED SIXTY NINE (14,469) SQUARE METERS more or less. All points referred to are indicated on the plan and marked on the ground by PS cyl. Conc. Mon. 15x40 cm; bearing TRUE, date of the original survey July 1-Dec. 14, 1907, (Piedad Estate), that the subdivision survey on October 3-10, 2003 and was approved on December 08, 2003.

IN WITNESS THEREOF, I have hereunto set my hand and cause the seal of the Republic of the Philippines to be affixed hereto.

Done in the City of Manila, this 1st day of May, in the year of Our Lord, Two Thousand and Four.

(Sgd.) GLORIA MACAPAGAL-ARROYO

By order of the President:

(Sgd.) ALBERTO G. ROMULO
Executive Secretary

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