Pursuant to the powers vested in me under Republic Act No. 7916, otherwise known as the Special Economic Zone Act 1995 as amended by Republic Act No. 8748 (An Act Amending Republic Act 7916, otherwise known as the ‘Special Economic Zone Act of 1995’) and upon recommendation of the Board of Directors of the Philippine Economic Zone Authority, I, GLORIA MACAPAGAL-ARROYO, President of the Philippines, do hereby create and designate, subject to the provisions of Republic Act No. 7916 as amended, it Implementing Rules and Regulations, and Resolutions No. 00-411 dated 29 December 2000 as amended by Resolution No. 04-295 dated 20 September 2004 and Resolution No. 05-055 dated 04 March 2005, of the Board of Directors of the Philippine Economic Zone Authority, an area located at Capitol Complex, Cadlan, Pili, Camarines Sur, as Information Technology Park, consisting of Fifty Eight Thousand Two Hundred Fourteen (58,214.00) Square Meters, more or less, as defined by the following technical description:


A parcel of land (Lot H-2-C, of the subdivision plan (LRC) Psd-278269, approved as a non-subdivision project, being a portion of Lot H-2, described on plan (LRC) Psd-107284, LRC Record No. 19719), situated in the Barrio of Cadlan, Municipality of Pili, Province of Camarines Sur, Island of Luzon. Bounded on the NE., points 1 to 3 by Lot 1-B-2-C-1, (LRC) Psd –60644; on the SE., SW., E., and NE., points 3 to 9 by Lot H-2-B, of the subdivision plan; on the SE., and SW., points 9 to 14 by Pognol Creek; on the W., points14 to 15 by Lot H-2-D; and on the SW., points 15 to 1 by Lot H-2-E, both of the subdivision plan. Beginning at a point marked "1" on plan being S. 16 deg. 57W., 1666.67 m. from B.L.L.M No, Barrio of Palestina, Pili, Camarines Sur.

Thence	S.	72. deg.	22 ‘E.,	239.50m.	To point 2;
Thence	N.	88. deg.	30 ‘E.,	33.00m	To point 3;
Thence	S.	12. deg.	11 ‘W.,	113.49m	To point 4;
Thence	N.	87. deg.	43 ’W.,	100.01m.	To point 5;
Thence	S.	10. deg.	58 ‘W.,	36.41m	To point 6;
Thence	S.	37. deg.	57 ‘E.,	68.99m.	To point 7;
Thence	S.	8. deg.	26 ‘W.,	19.50m.	To point 8;
Thence	S.	28. deg.	47 ‘E.,	93.54m.	To point 9;
Thence	S.	32. deg.	59 ‘W.,	24.00m.	To point 10;
Thence	S.	70. deg.	46 ‘W.,	15.67m.	To point 11;
Thence	N.	66. deg.	13 ‘W.,	99.44m.	To point 12;
Thence	N.	80. deg.	19 ‘W.,	24.24m	To point 13;
Thence	S.	44. deg.	44 ‘W.,	45.01m.	To point 14;
Thence	N.	3. deg.	57 ‘W.,	258.21m	To point 15;
Thence	N.	10. deg.	22 ‘W.,	126.45m.	To point of;

Beginning, containing an area of Fifty Eight Thousand Two Hundred Fourteen (58,214) Square Meters, more or less. All points referred to are indicated on the plan and are marked on the ground as follows: Points 9, 10, 11, 12, 13 and point 2 by Old Points, and the rest, by P.S. Cyl. Conc. Mons. 15 x of the subdivision survey, executed by Ramon C. Camposano, Geodetic Engineer, on December 27, 1976.

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

Done in the City of Manila, this 27th day of May, in the year of our Lord, Two Thousand and Five.



By the President:

(Sgd.) EDUARDO R. ERMITA
Executive Secretary