MEMORANDUM
CIRCULAR NO. 2005-008
TO:
Public Economic Zone Enterprises
Public
Economic Zone Administrators
FROM:
The Director General LILIA B. DE LIMA
SUBJECT:
Monthly Industrial Lot Lease Rates in the Four Public Economic Zones
DATE:
07 February 2005
In its meeting on 05 January 2005, the PEZA Board decided to revise
the monthly industrial lot lease rates in the four public economic zones
(i.e., Bataan, Baguio City, Cavite and Mactan Economic Zones), taking
into consideration the following:
-
The
need to moderate the increase in industrial lot lease rates charged
to locator enterprises registered under EPZA, as approved under
EPZA Board Resolutions Nos. 85-033 and 88-001, instead of requiring
them to graduate into paying the industrial lot lease rates charged
to locator enterprises registered under PEZA, as provided under
Board Resolution No. 95-163; and
-
Implement
a gradual and moderate 5% increase annually in industrial lot lease
rates, in lieu of the 45% and 50% increase every fifth year.
The
adjusted schedule of monthly industrial lot lease rates in the four
public economic zones, which are provided in Attachment A, will be implemented
effective 01 January 2005. Payments made in excess of the revised rates
will be credited against future monthly industrial lot lease payments.
For
the guidance and compliance of all concerned.
Attachment
A |
Public
Economic Zones
Monthly Industrial Lot Lease Rental Rates
(Pesos Per Square Meter) |
|
Cavite
EZ |
Baguio
City EZ |
Bataan
EZ |
Mactan
EZ |
EPZA
BR 88-001 |
PEZA
BR 95-163 |
EPZA
BR 85-033 |
PEZA
BR 95-163 |
EPZA
BR 88-001 |
PEZA
BR 95-163 |
EPZA
BR 85-033 |
PEZA
BR 95-163 |
2004 |
11.02 |
17.55 |
14.33 |
16.88 |
9.15 |
10.77 |
12.80 |
15.06 |
|
2005 |
15.98 |
17.55 |
20.78 |
13.27 |
18.56 |
2006 |
16.78 |
17.55 |
21.82 |
13.93 |
19.49 |
2007 |
17.62 |
22.91 |
14.63 |
20.46 |
2008 |
18.50 |
24.05 |
15.36 |
21.49 |
2009 |
19.42 |
25.26 |
16.13 |
22.56 |
|
2010 |
20.39 |
26.52 |
16.93 |
23.69 |
2011 |
21.41 |
27.85 |
17.78 |
24.87 |
2012 |
22.48 |
29.24 |
18.67 |
26.12 |
2013 |
23.61 |
30.70 |
19.60 |
27.42 |
2014 |
24.79 |
32.23 |
20.58 |
28.79 |
|
2015 |
26.03 |
33.85 |
21.61 |
30.23 |
2016 |
27.33 |
35.54 |
22.69 |
31.74 |
2017 |
28.70 |
37.32 |
23.83 |
33.33 |
2018 |
30.13 |
39.18 |
25.02 |
35.00 |
2019 |
31.64 |
41.14 |
26.27 |
36.75 |
|
2020 |
33.22 |
43.20 |
27.58 |
38.58 |
2021 |
34.88 |
45.36 |
28.96 |
40.51 |
2022 |
36.62 |
47.62 |
30.41 |
42.54 |
2023 |
38.46 |
50.01 |
31.93 |
44.67 |
2024 |
40.38 |
52.51 |
33.53 |
46.90 |
|