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EXECUTIVE ORDERS
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EXECUTIVE ORDER NO. 132 -
AUTHORIZING THE CREATION OF THE PORO POINT MANAGEMENT CORPORATION AS
THE IMPLEMENTING ARM OF THE BASES CONVERSION DEVELOPMENT AUTHORITY OVER
THE PORO POINT SPECIAL ECONOMIC AND FREEPORT ZONE AND RENAMING THE JOHN
HAY PORO POINT DEVELOPMENT CORPORATION AS THE JOHN HAY MANAGEMENT
CORPORATION
WHEREAS,
Sec. 4 (a) of Republic Act No. 7227, otherwise known as the “Bases
Conversion Development Act of 1992” (RA 7227) authorizes the Bases
Conversion Development Authority (BCDA) to own, hold, and/or administer
the former military installations such as the John Hay Air Station in
Baguio City and the Wallace Air Station in Poro Point, San Fernando
City, La Union;
WHEREAS, the BCDA is mandated under RA 7227 to adopt, prepare and
implement a comprehensive and detailed plan for the sound and balanced
conversion of these military reservations and their contiguous
extensions consistent with the plans and programs of the national
government and the local government units;
WHEREAS, Executive Order No. 103 Series of 1993 [EO 103] created the
John Hay Development Corporation as the operating and implementing arm
of the BCDA to manage the Club John Hay created under Proclamation No.
198 issued on June 29, 1993;
WHEREAS, under Proclamation No. 420 issued on July 5, 1994, the John
Hay Special Economic Zone (JHSEZ) was created, designating a portion of
the area covered by the former John Hay reservation within its coverage
and establishing the BCDA as the governing body of the JHSEZ;
WHEREAS, Proclamation No. 216 issued on July 27, 1993 created the Poro
Point Special Economic and Freeport Zone (PPSEFZ) covering the land and
bay areas which include the Wallace Air Station, the San Fernando
Airport, Seaport, Barangays Poro and San Vicente and portions of
Barangays San Agustin, San Francisco and Canaoay of the Municipality of
San Fernando, Province of La Union and establishing the BCDA as the
governing body of the PPSEFZ;
WHEREAS, Executive Order No. 31 issued on October 7, 1998 [EO 31]
amended EO 103 and created the John Hay Poro Point Development
Corporation (JPDC) as the operating and implementing arm of BCDA to
manage the JHSEZ and the PPSEFZ;
WHEREAS, Section 16 of RA 7227 authorizes the BCDA to form, establish,
organize and maintain subsidiaries in accordance with Philippine
Corporation Law;
WHEREAS, Section 17 of RA 7227 provides that the BCDA shall be under
the direct control and supervision of the Office of the President for
purposes of policy direction and coordination;
WHEREAS, there is a need to accelerate the development, management and
utilization of the JHSEZ and the PPSEFZ as self-sustaining and
environmentally sound industrial, commercial, financial, tourism,
transshipment and investment centers;
WHEREAS, in order to separately focus on the development, management
and maximum utilization of the potentials and resources of the JHSEZ
and the PPSEFZ, and to provide administrative efficiency and strategic
effectiveness in these economic zones, there is a need to establish
separate subsidiaries to serve as the operating and implementing arm of
the BCDA in the JHSEZ and the PPSEFZ.
NOW, THEREFORE, I, GLORIA MACAPAGAL-ARROYO, President of the Republic
of the Philippines, by virtue of the powers vested in me by law, do
hereby order:
Section 1.
The PPMC shall be a subsidiary corporation of the BCDA and shall be
formed in accordance with the Philippine Corporation Law and existing
rules and regulations promulgated by the Securities and Exchange
Commission [SEC] pursuant to Section 16 of RA 7227.
The PPMC shall be subject to the policies, rules and regulations of the
BCDA.
The PPMC shall be exempt from the coverage of the Civil Service Laws,
rules and regulations.
Sec. 2.
Sec. 3.
Sec. 4.
Sec. 5.
a.
b.
c.
BCDA shall submit a report to the President on all the actions taken to implement this Executive Order within fifteen (15) days after the PPMC shall have been established in accordance with the Philippine Corporation Law, rules and regulations and approval of the amendment of the Articles of Incorporation and By-Laws of JPDC by the SEC.
Sec. 6.
No person shall be nominated as a member of the Board representing the
capital stock of the national government in JHMC and PPMC unless he is
a Filipino citizen, of good moral character, and of recognized
competence in relevant fields, including but not limited to economics,
tourism, management, international relations, law or engineering.
Sec. 7.
Sec. 8.
Sec. 9.
DONE in the City of Manila,
this 3rd day of October, in the year of our Lord, Two Thousand and Two.
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