Pursuant to the powers vested in me under Republic Act No. 7916, otherwise known as the Special Economic Zone Act of 1995 as amended 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 as a special economic zone, subject to the provisions of Republic Act No. 7916, as amended, its Implementing Rules and Regulations, and Resolution No. 07-002 dated 18 January 2007, of the Board of Directors of the Philippine Economic Zone Authority, an area located at Barangay Poblacion, Municipality of Manticao, Province of Misamis Oriental, with an area of TWO HUNDRED EIGHTY EIGHT THOUSAND AND NINE HUNDRED THIRTY SEVEN (288,937) SQUARE METERS, more or less, as defined by the following technical description:

Lot 1
Pcn-10-000319

A parcel of land (Lot 1 of the consolidation plan Pcn-10-000319, being a portion of consolidation of Lots 429 and 432, both of Cad. 366 Manticao Cadastre) situated in the Barangay of Poblacion, Manticao, Misamis Oriental, Island of Mindanao. Bounded on the NW., along line 1-2 by Lot 433, Cad. 366; along line 2-3 by Lot 438, Cad. 366 along line 3-4 by Road Lot; along 4-5 by Lot 434, Cad. 366; along line 5-6 by Lot 138 Cad. 366. On the NE., along line 6-7 by Lot 417, cad. 366; along lines 7-8-9 by Lot 422, Cad. 366; along lines 9-10-11-12 by Lot 430-C, Psd-10-000663. On the SE., along lines 12-13-14-15-16 by Lot 416, Cad. 366; along line 16-17 by Lot 1, Pcn-10-000319; along lines 17-18-19-20-21-22 by Lot 431, Cad. 366; along lines 24-25-26 by PLS-616-D, Initao Public Land Subdivision; along line 26-27, by Lot 542, Cad. 366; along line 27-28 by Lot 541, Cad. 366. On SW., along lines 28-29-30-31-32-33-34-35-36 by Lot 538, Cad. 366 and on the NW., along line 36-1 by Lot 423, Cad. 366.

Beginning at a point marked "1" on plan being S. 59 deg. 01' E., 780.86 meters from BLLM No. 1, Cad. 366, Manticao Cadastre.

thence	N.	01 deg. 10'	W.,	336.17 m to point 2;
thence	N.	13 deg. 19'	E.,	30.79 m. to point 3;
thence	N.	08 deg. 26'	E.,	8.04 m. to point 4;
thence	N.	08 deg. 31'	E.,	21.51 m. to point 5;
thence	N.	06 deg. 10'	E.,	56.31 m. to point 6;
thence	S.	76 deg. 02'	E.,	93.59 m. to point 7;
thence	S.	75 deg. 13'	E.,	45.82 m. to point 8;
thence	S.	74 deg. 03'	E.,	34.84 m. to point 9;
thence	S.	74 deg. 51'	E.,	99.51 m. to point 10;
thence	S.	74 deg. 52'	E.,	25.24 m. to point 11;
thence	S.	81 deg. 47'	E.,	185.80 m. to point 12;
thence	S.	89 deg. 32'	E.,	21.59 m. to point 13;
thence	S.	28 deg. 00'	E.,	45.81 m. to point 14;
thence	S.	11 deg. 58'	W.,	116.03 m. to point 15;
thence	S.	22 deg. 21'	W.,	198.76 m. to point 16;
thence	S.	60 deg. 05'	W.,	71.39 m. to point 17;
thence	N.	48 deg. 15'	W.,	128.55 m. to point 18;
thence	S.	02 deg. 25'	W.,	138.66 m. to point 19;
thence	S.	14 deg. 31'	E.,	34.39 m. to point 20;
thence	S.	71 deg. 29'	E.,	74.57 m. to point 21;
thence	N.	11 deg. 32'	E.,	112.19 m. to point 22;
thence	N.	60 deg. 05'	E.,	71.39 m. to point 23;
thence	S.	50 deg. 26'	E.,	10.88 m. to point 24;
thence	S.	08 deg. 20'	W.,	114.99 m. to point 25;
thence	S.	08 deg. 19'	W.,	80.13 m. to point 26;
thence	S.	02 deg. 39'	W.,	79.47 m. to point 27;
thence	S.	12 deg. 07'	W.,	135.41 m. to point 28;
thence	N.	45 deg. 26'	W.,	149.03 m. to point 29;
thence	N.	40 deg. 50'	W.,	81.27 m. to point 30;
thence	N.	63 deg. 20'	W.,	44.24 m. to point 31;
thence	S.	89 deg. 39'	W.,	73.95 m. to point 32;
thence	S.	87 deg. 00'	W.,	36.81 m. to point 33;
thence	N.	31 deg. 50'	W.,	37.43 m. to point 34;
thence	N.	57 deg. 31'	W.,	50.57 m. to point 35;
thence	N.	59 deg. 41'	W.,	10.62 m. to point 36;
thence	N.	02 deg. 19'	E.,	153.79 m. to point of;

beginning, containing an area of TWO HUNDRED EIGHTY EIGHT THOUSAND NINE HUNDRED THIRTY SEVEN (288,937) SQUARE METERS, more or less, All points referred to are indicated on plan and are marked on the ground by P. Cyl. Conc. Mons. 15 x 50 cms.; bearing true; date of original survey, December 18, 1969, and that of the subdivision survey executed by Engr. Joseph C. Suello on June 11, 2007 and was approved on July 9, 2007.

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

Done in the City of Manila, this 30th day of October, in the year of our Lord, Two Thousand and Seven.


By the President:

(Sgd.) EDUARDO R. ERMITA
Executive Secretary