ChanRobles Virtual law Library
PHILIPPINE LAWS, STATUTES & CODES
A collection of Philippine laws, statutes and codes not included or cited in the main indices of the Chan Robles Virtual Law Library.
Home > Chan Robles Virtual Law Library > Philippine Laws, Statutes & Codes > :
Search for
www.chanrobles.com
:
EXECUTIVE ORDERS
PLEASE CLICK HERE FOR THE LATEST ➔ PHILIPPINE LAWS, STATUTES & CODES
EXECUTIVE
ORDER NO. 289 - PROVIDING LAND FOR THE PHILIPPINE TRADE CENTER IN
ACCORDANCE WITH REPUBLIC ACT NO. 7844
WHEREAS, Section 15 of Republic Act
No. 7844, otherwise, known as the “Export Development Act of 1994” (The
“EDA LAW”), mandates that the Government, in order to assist the
private sector in the establishment of Philippine of Philippine Trade
Centers, “shall provide the land for the center, through a land grant
or a long-term lease to the accredited organization”;
WHEREAS, pursuant to the above mandate, the National Government has
opted to provide land for the center through a long-term lease to the
accredited organization;
WHEREAS, the Philippine Exporters Confederation Inc. (PHIPORT), a
non-profit, non-stock corporation, is the single umbrella organization
of exporters currently accredited by the Export Development Council
(EDC) pursuant to R.A. No. 7844 to represent the export sector’s
concerns and interest;
WHEREAS, the Department of Trade and Industry (DTI), in its capacity as
the lead government agency in the Export Development Council and as the
government agency tasked under R.A. No. 7844 to prepare the Philippine
Export Development Plan, has identified the reclaimed land presently
occupied and conveyed under, Executive Order (EO) No. 989 to the Center
for International Trade Expositions and Missions (CITEM) formerly
Philippine Trade Exhibition Center (PTEC) a DTI attached agency under
EO No. 133 as amended by EO No. 242 as the ideal site for the
construction of the Philippine Trade Center, which will house the trade
promotion offices and permanent exhibition center for the country’s
export products;
WHEREAS, Executive Order No. 989 has not been implemented as the title
to the aforesaid land has been held by the Philippine National
Construction Corporation (PNCC) pursuant to a contract, dated November
20, 1973, executed by and between the Republic of the Philippines and
PNCC, then known as CDCP, as well as the certificates of pledge, dated
March 10, 1976 and April 6, 1977, wherein the National Government thru
the Department of Public Work and Highways (DPWH) guaranteed the right
of PNCC to possess and own certain parcels of reclaimed land, among
them the following:
A.
B.
“A
parcel of land Lot. 3, Block 1 of RL-04-000001 situated in Pasay City,
Island of Luzon. Bounded on the North by a road with a right of way of
P64.00 meters, on the East by Roxas Boulevard on the South and West by
a road with a right of way of 23.00 and 45.00 meters, respectively.
Beginning at a point marked ‘1’ on plan being S 02 37’W, 1004.30 meters
from CBM No. 2, City of Manila. Thence S 76 deg. 49 min. W, 310.43
meters to point ‘2’; thence N. 13 deg. 11 min. W, 150.92 meters to
point ‘3’; thence N 72 deg. 19 min. E, 311.39 meters to point ‘4’;
thence S 13 deg. 11 min. E, 174.35 meters to point of beginning.
Containing an area of FIFTY THOUSAND SIX HUNDRED FORTY TWO (50,642)
SQUARE METERS, more or less.”
WHEREAS, pursuant to that Memorandum of Agreement executed by and between the Department of Finance (DOF) and the Asset Privatization Trust (APT), on one hand, and PNCC, on the other, dated August 15, 1995, the latter unconditionally and irrevocably assigned all its rights, title to, and interest in the above-described parcel of reclaimed land, part of which is now covered by TCT No. 34996, in favor of DOF and APT;
WHEREAS, on August 15, 1995, the Department of Finance and the Asset Privatization Trust executed a Deed of Assignment in favor of the Bureau of Treasury, assigning all its rights, title to and interest in the above-described parcel of land covered by TCT No. 34996 and the remaining portion of reclaimed land consisting of 645 square meters, more or less;
WHEREAS, the terms and conditions of the Memorandum of Agreement executed by the DOF, AFT, and PNCC and the Deed of Assignment executed by DOF and APT in favor of the Bureau of Treasury have been approved by the Committee on Privatization;
NOW, THEREFORE, I, FIDEL V. RAMOS, President of the Philippines, by virtue of the powers vested in me by the Constitution, do hereby order the following:
Section 1.
Sec. 2.
Sec. 3.
Sec. 4.
Sec. 5.
Sec. 6.
Sec. 7.
Sec. 8.
Sec. 9.
Done in the City of Manila,
this 13th day of December, in the year of Our Lord, nineteen hundred
and ninety five.
chanrobles virtual law library
Back to Main
chan robles virtual law library
Since 19.07.98.