An Investment Guide

Transcription

An Investment Guide

An Investment Guide
C a g ayan
Philippines
Investment Opportunity Profile
i
Message
With the fresh mandate given me by the Cagayanos, I am inspired to
translate their trust into tangibles that not only will touch their lives, but will place
them in a level of comfort and convenience as well.
We now set firmly the leadership‘s direction. We aim to transform Cagayan to
become the Philippines‘ major agro-industrial hub, trading center, and premier
tourist destination. We feel that there is high level of optimism, and everybody is
excited to share and participate in achieving the goal. In the near future, we hope to
achieve breakthroughs in the areas of investments, agricultural modernizations, and
infrastructure. And looking beyond on, we envision the province as a ―global
economic village‖ that proudly represents the harmony of nature, tranquility, and
business.
As you read this Investment Guide, you will learn that our Cagayan is
different from the one located in the south of the country; that the Provincial
Government is seriously moving in setting-up facilities and infrastructures for
industries and other economic ventures; and that we have pristine beaches, old
churches, and eco-tourism sites.
To investors, our province is endowed with vast but fertile land, marine
resources, mineral reserves, and industrious and trainable labor force. We have
bustling economic zone and Freeport; and investment code which provides, among
others, fiscal incentives. Invest in our soil and count my administration‘s sincere
support and assistance.
In behalf of the people of Cagayan, I am inviting you to come to our province
and, feel the friendly and warm welcome of Cagayanos.
MABUHAY!
ALVARO T. ANTONIO
Governor
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Anguib Beach in Sta. Ana
Cagayan
Cagayan is part of
the largest valley in the
Philippines formed by the majestic Sierra Madre and
Cordillera mountain ranges – that is the Cagayan Valley.
It is traversed by the mighty 330-km long Cagayan River
and its various tributaries.
Cagayan is a very
ancient civilization. It has its
distinct, rich and diverse culture. Commerce and trade
was practiced by its inhabitants and has flourished with
the Japanese, Chinese and other neighbor Asian
countries even before the Spanish colonizers reached its
shores.
Archeological findings dating back to the
Paleolithic Age indicate that the ancestors of modern
humans had settled in Cagayan as early as 500,000 years ago. Archeologists also
found evidences that agriculture has developed much earlier in Cagayan than in any
other place in Asia. Its ancientness is evidenced by the presence of centuries-old
churches and other religious relics, archeological sites of nomadic tribes, and
richness of its local language and culture.
Cagayan with its ancientness is still replete with
adventure and excitement. It can flaunt its pristine
natural beauty and endowment. It has breathtaking
sceneries, beaches, cavernous caves, thunderous falls,
rapids, rivers, limestone mountains, thick and virgin
forests, verdant valleys and many more.
Also, it is a land of many opportunities having one
of the largest fertile alluvial plains, grazing lands and
fishing grounds (both marine and inland waters) in the
Philippines and a continuous and sustainable supply of
production materials.
Multi-lingual, warm, gentle and amiable people
await you in this remaining patch of tropical paradise in
Northern Philippines.
Welcome to Cagayan!
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Location
Cagayan
occupies
the
northeastern tip of
the
Philippines,
bounded by the
Batanes
Islands
on the north, the
Philippine
Sea
(Pacific Ocean) on
the east, Isabela
Province on the
south, and the
Cordillera mountain ranges on the
west,
Cagayan
has a total land
area of 9,002.70
sq. km. It is just
about 480 kilometers north of
Manila.
It is strategically
located
near the growing tigers of South East Asia like Singapore, Thailand, Vietnam, South
Korea and even Hong Kong and Japan. It is about 2,730 kilometers south west of
Tokyo, Japan or only 570 kilometers south of Kaoshiung, Taiwan.
Pinacanauan River, Callao, Peñablanca
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Brief History
Cagayan has a prehistoric civilization
with rich and diverse culture. According to
archeologists, the earliest man in the
Philippines probably lived in Cagayan
thousands of years ago. Evidences to this
effect are now convincing beyond scientific
doubt to consider it as an incontestable fact.
From available evidences, the Atta or
Negrito - a short dark-skinned nomad - was
the first man in Cagayan. They were later
moved to the uplands by the Indo-Malays who eventually became the Ybanag,
Ytawit, Yogad, Gaddang, Yraya and Malaweg - the natives of Cagayan - who actually
came from one ethnicity. These are the people found by the Spaniards in the
different villages along the rivers all over Cagayan. The Spaniards rightly judged that
these various villagers came from single
racial stock and decided to make the
Ybanag Tongue the lingua franca, both
civilly and ecclesiastically for the entire
people of Cagayan which they called
collectively as the Cagayanes which later
Cape Engaño,
Palaui, Sta. Ana
was transliterated to become Cagayanos.
Pygmy Negritos
First Aboriginal Settlers of Cagayan
Even before the Spaniards came to
Cagayan, the Cagayanos have already made contact with various civilizations like
the Chinese, Japanese and even Indians, as evidenced by various artifacts and even
the presence of foreign linguistic elements in the languages of the natives.
Various
other
racial
strains,
like
the
Ilocanos,
Tagalogs, Visayans, Muslims,
Pangasinenses, Kapampangans,
and even foreigners like the
Chinese, Japanese, Spaniards
and others were further infused
to the native Cagayanes to
become the modern Cagayano
that we know today.
It was only in 1583 that Cagayan
began to be called a Province
through a Spanish Royal Decree
Provincial Capitol Main Building
Capitol Hills, Tuguegarao City
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which originally comprises the whole of
northeastern Luzon plus the islands in the
Balintang Channel. This means that the
present Provinces of Batanes, Isabela,
Quirino, Nueva Vizcaya, and even portions
of the Province of Kalinga and Apayao
were part of the original territorial
delineation of the Province of Cagayan. It
was called La Provincia de Cagayan. It is
protected on its eastern side by the Sierra
Madre Mountain Range, on its western
side by the Cordillera, and on its southern
side by the Caraballo Range - making it a large Valley Province. The establishment
of the civil government of Cagayan through the 1583 Spanish Royal Decree is
commemorated in the yearly Aggao Nac Cagayan celebrations of the Provincial
Government of Cagayan and its people.
Saint Peter and Paul Cathedral
Tuguegarao City
The Province of Cagayan is no longer the sole owner of this original vast
territory - that was the La Provincia de Cagayan. Its daughter-provinces Isabela,
Quirino, Nueva Vizcaya and even Batanes, Kalinga and Apayao have already claimed
their rightful parcels. Today, only 9,002.70 square kilometers remain of the former
vastness of Cagayan. The Province of Cagayan is currently comprised of 28
municipalities and one component city, which is also its capital, that is Tuguegarao
City. The entire region however is still referred to as Cagayan Valley Region.
Land Area and Political Subdivision
The Province, the second largest province
in the Region, comprises an aggregate land area
of 9,002.70 square kilometers, which constitutes
three percent (3%) of the total land area of the
country.
It is politically subdivided into three (3)
districts, one (1) component city, twenty-eight
(28) municipalities and 820 barangays.
Tuguegarao City is the provincial capital as well
as the regional center of Cagayan Valley Region.
Its 28 municipalities are Abulug, Amulung,
Alcala, Allacapan, Aparri, Baggao, Ballesteros,
Buguey, Calayan, Camalaniugan, Claveria, Enrile,
Gattaran, Gonzaga, Iguig, Lallo, Lasam, Piat, Pamplona, Peñablanca, Rizal, Sta. Ana,
Sta. Teresita, Sto. Niño, Sanchez Mira, Sta. Praxedes, Solana, and Tuao.
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Some Views of the East Coast of the Province fronting the Pacific Ocean
Population
The Province of Cagayan has a total population of approximately 1,191,002
which gives an overall population density of about 110 people per square kilometer.
The distribution, however, is uneven; large areas are virtually uninhabited, while
others have a relatively high population density, specifically that of Tuguegarao City,
Sta. Teresita, Solana, Tuao, Aparri and Claveria. The population has a growth rate of
about 1.82%. Population density tends to gravitate in the lowlands near the
riverbanks while sparse distribution happens as you go uplands.
Topography
Cagayan is a vast bio-diverse expanse of
plains and valleys, bordered by mountains, running
north to south both on its east and west ramparts.
It is crisscrossed by rivers and creeks, the largest of
which is the Cagayan River, which originates from
Quirino, and traverses the Province from south to
north. The larger tributaries of the Cagayan River
are the Pinacanauan River in Peñablanca in the
southeast; the Dummun River in Gattaran and the Pared River in Alcala, both in
central Cagayan; and the Zinundungan River in Lasam and the Matalag River in
Rizal, both in the west. The other rivers in the Province are the Chico River in
southwest Cagayan at Tuao, the Pata River and Abulug River in the northwest,
Buguey River in the north, and the Cabicungan
River in the northeast. These rivers drain the
plains and valleys of the Province, and provide
water for domestic and irrigation purposes, as
well.
Beyond the Sierra Madres to the east, the
coast fronting the Philippine Sea has strips of level
land that could be utilized for economic activities.
However, only Bolos Point in Gattaran is presently
accessible and is being used as a small port. There are several other prospective
ports on the Pacific Coast; most notable of which is Valley Cove in Baggao. Similarly,
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the northeastern and northwestern parts of Cagayan are strips of level land,
hemmed in by the sea on the north and by the mountains and hills on the south.
Of its total land area, 28.19% or
253,831 hectares are flat to nearly level
land (See Slope Classification Table). This
consists of alluvial plains, river deltas, low
wetlands, mangroves, and beaches. Most
of these are found contiguous to the bodies
of water, especially along the Cagayan,
Pared, Dummun, Pinacanauan, Abulug, and
Chico rivers. These areas are planted to rice and corn, and are inundated during the
wet season.
The gentle and moderate slopes of the province, which constitute 6.08% and
13.48%, respectively of the total land area of the province are mostly contiguous to
the level land, enclosing the plains of the meandering rivers and creeks. This
arrangement forms the various dales or valleys found in between the hills of the
province.
Slope Classification
Description
Slope Range
Flat, nearly level land
Gently sloping land to undulating
Moderately sloping land to rolling
Rolling land to moderately steep
Steep land
Very steep land
TOTALS
0 - 3%
3 - 8%
8 - 18%
18 - 30%
30 - 50%
> 50%
Area in
Hectares
253,831
54,763
121,386
153,665
94,030
222,595
900,270
Percent
28.19%
6.08%
13.48%
17.07%
10.44%
24.73%
00.00%
Source: ALMED, Bureau of Soils and Water Management, DA
Majority of the rolling land to moderately steep areas which account for
17.07% of the province‘s total area are found at the foothills of the Sierra Madre
and Cordillera mountains, separating the valleys and the lofty ranges.
Steep and very steep land which
constitute
10.44%
and
24.73%,
respectively, of the total land area, or
94,030 hectares and 222,595 hectares,
respectively, are found along the
Cordilleras, in some parts of Santa
Praxedes, Claveria, Sanchez Mira,
Pamplona, Lasam, Santo Niño, and
Rizal; and in the eastern parts of Santa
Ana, Gonzaga, Lal-lo, Gattaran, Baggao
and Peñablanca, as the northern
mountains of the Sierra Madre range.
These serve as its ecological buffer
zones.
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The Babuyan group of islands,
which include the islands of Calayan,
Babuyan,
Dalupiri,
Balintang
and
Camiguin, has a mixture of flat to nearly
level land, and steep to very steep slopes.
These islands have extensive coral reefs.
This group of islands somehow regulates
the billowing winds and waves from the
northern seas. There are two volcanoes in
the Babuyan Islands - Mount Didicas off Camiguin island, which has a symmetrical
cylinder cone, about 215 meters above sea level; and Mount Pangasun in Babuyan
island, which is about 840 meters above sea level and has two craters. Another
volcano found in Cagayan is Mount Kagua in Gonzaga in the northeast. It is being
considered as a potential source of geothermal energy.
Climate
Cagayan,
exemplifies
tropical
Philippines, thus, is generally warm, humid
and sunny throughout the year. It has three
types of climates. Type I climate prevails in
Santa Praxedes and in western Claveria,
which have two pronounced seasons: wet,
May to October and dry, the rest of the
year. Type III climate is experienced in the
eastern part of the Sierra Madre mountains
and in the Babuyan group of islands, where
rainfall is evenly distributed throughout the year mainly because of the northeast
tradewinds. This further enhances the economic potential of the sea level lands
along the pacific coast of the Province.
The rest of the province, which consists of the valley floor, has Type II
climate, and that means no pronounced season; relatively wet from May to October.
Maximum rain periods are not very pronounced and dry seasons last from one to
three months.
Mount Kagua in Gonzaga
From November to January, the
northwest monsoon from East Asia brings
dry and cool winds to this valley floor.
Because of the open coastline in the north,
this part of the province feels the full
impact of this phenomenon, which could
mean cold mornings and evenings, with
average temperatures ranging from 18 to
21 degrees Celsius. The tradewinds from
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the Pacific are blocked by the Sierra Madre range. Being on the leeward, this part
has hot and dry climate in summers from February to May, with average
temperatures ranging from 30 to 38 degrees Celsius. From June to October, the
southwest monsoon from the Southern Hemisphere brings heavy rainfall as it blows
over the mountains. This heavy rainfall extends to the early part of November.
During these months, rainy days could average 11 to 20 days a month. Being
sheltered by the Sierra Madre Mountains the prevailing winds are north and
northwest in the valley floor of Cagayan. This part of the province is driest in
February to March.
Languages
English and Filipino are widely used and spoken in Cagayan. Predominant
local languages are Ilocano, Ybanag, Ytawes and Malaueg. Pangasinense, Maranao
and other dialects are also used in some areas where migrants abound.
Majority of the Cagayanos can speak at least two of the local languages and
have good command, or at least a working knowledge, of the English language.
Literacy Rate
The population‘s functional literacy is 86.72%. About 24.87% have at least
reached fifth grade education, 49.56% have undergone secondary level, while
25.66% have college or post-graduate education.
Labor and Employment
The Province‘s manpower resources are more than adequate to meet the
requirements for highly skilled and semi-skilled industrial and agricultural workers.
There are at present 493,500 labor force, out of which 97% or 479,000 are gainfully
employed; out of which, 330,000 are in agriculture and 149,000 are in nonagriculture sector.
The daily wage rate prevailing in the Province is P182.00 for non-agriculture
and P170.00 for agriculture sector. The P182.00 daily wage rate also applies to
cottage/handicraft enterprises, private hospitals and retail services.
The existence of 31 tertiary schools and 26 vocational schools offering
technical education courses guarantee the continuing development and steady
supply of manpower. Out of the thirty one tertiary schools, two (2) are private
universities, namely: Saint Paul‘s University and University of Saint Louis, both
located in Tuguegarao City; and one(1) is a state university, the Cagayan State
University, with seven campuses all over the Province.
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Resources
Cagayan is richly endowed with mineral and forest resources. It has many
things to offer to natural sciences scholars, eco-tourists and resource-based
investors.
For Tourists and Visitors: Panoramic beaches, cavernous caves, verdant
valleys, thunderous waterfalls, swift rapids, breathtaking vistas are the initial
Cagayan‘s nature's delights and wonders. The vast coastal shores and yonder seas
are further game fishing and sea-turtle-, dolphin- and whale-watching adventure
playgrounds.
For investors: Vast croplands, grasslands, production forests, marine and
inland waters, huge mineral deposits, proximity to the emerging dragons of East
Asia, a pliable, skillful and plentiful workforce, and bio-diverse resources await them.
Agriculture
The Province is
among
the
major
agricultural
products
suppliers
of
the
National
Capital
Region, especially for
grains and legumes.
Rice, corn, vegetables,
sugar, mango, cassava,
banana, cacao, coffee,
tubers,
watermelon
and other agricultural
crops abound in the
Province.
Cagayan is also Region 2‘s major livestock producer.
It has the third largest population of carabaos in the
entire country, with a total of more than 138,000 heads.
Majority of Cagayan‘s stocks are native carabaos,
however, new breeds are being introduced for meat and
dairy. The cattle population of
the Province is more than
37,000 heads.
Production
of
cattle,
carabao, goat, and sheep, both
for meat and dairy, has a great
potential for development in
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Cagayan owing to the wide expanse of available pasture lands and disease free local
stock. Commercial hog and poultry raising are also growing industries in the
Province.
The Province‘s sizeable food harvests can support large-scale food processing
and animal feed milling industries.
Forests
Forests cover
half of Cagayan‘s
total land area.
These forests are a
rich
source
of
timber,
rattan,
bamboo and nipa.
Medium and smallscale
wood
processors transform these raw materials into
furniture, builder‘s woodworks, gifts, toys and
houseware items which are exported to Japan, Taiwan, United States and Europe.
Industrial and orchard tree plantations for gmelina, narra, mahogany, acacia
mangium, mango, citrus and other fruit-bearing trees, cacao and others are viable
endeavors in Cagayan.
Tree
plantations
in
conjunction with the reforestation
efforts of the government are
expected to sustain the increasing
growth of the Province‘s furniture
industry that would result in the generation of employment
and higher export earnings for the Province.
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Fisheries and Aquatic Resources
Cagayan‘s coastline is one of the longest in the
country having almost 73% of Cagayan Valley Region‘s
coasts. This is aside from the large rivers and their
tributaries, lakes, creeks and streams which are also rich
fishing and aquaculture grounds. Untapped
coastal fishing
grounds stretch
from the towns
of Sta. Praxedes in the
west to Sta.
Ana on the
east, on its
northern coast facing the
Babuyan Channel (China Sea);
and from Sta. Ana down to
Peñablanca on its eastern coast
facing the Philippine Sea
(Pacific Ocean). Despite this endowment, the Province‘s fish
production is not even enough to supply and sustain its own
fish requirements.
Deep sea fishing is not a common occurrence in the
Province – thus, foreign poachers are the ones
reaping the bounties of its seas. Cagayan‘s deep seas
are known for species like tuna, tuna-like fishes,
hairtail, snapper, scad, slipmouth, mullet, grouper,
shrimp, squid, and lobsters. The inland waters are
used
primarily
by
subsistence fishermen.
Few privately-operated
fishponds and fish cages contribute to the overall fish
supply of the Province. Only about 1,893.84 are used
for fishpond operations. Out of which, 1,369.22
hectares are used for brackish fishpond operations. A
total of 46,303 cubic meters are used by various
cooperators for fish cage operations. Out of which,
41,034 cubic meters are used for brackish fish caging.
Buguey has the widest area for fishponds and
Sanchez Mira has the highest fish cage cooperators.
Tilapia, bangus, tiger prawn, mud crab, shrimp and
siganid are commonly raised and cultured.
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About 91 hectares are used for other
aquaculture activities like oyster, mussel and
seaweeds culture.
The beaches and waters surrounding Port Sta.
Ana up to Cape Engaño in Palaui Island offer a haven
for fishing and scuba enthusiasts. This area is known
for the prime fish catches of various species of tuna, tuna-like
species, snappers and other fishes. The area is said to have
the largest blue fin tuna catch in the entire country. This may
be due to the fact that it is part of the Luzon Strait which is a
known migratory path and feeding ground of tuna and other
prime fishes.
Large-scale development of the fisheries industry, both
for aquacapture and aquaculture, is one of the possible
ventures for investors.
Minerals
Large deposits of both metallic and non-metallic
mineral resources such as gold, copper, iron, magnetite
sand, manganese, perlite, limestone, sulphur, gypsum,
guano, silica, phosphate deposits, ceramic clay, bentonite
clay, red burning clay, black sand, pebbles, sand and
gravel are found in Cagayan.
Only few of these mineral reserves, however, are
being mined, and are yet to be developed on commercial
scales.
To date, there are various prominent mining
companies undertaking exploration activities in the
Province. Gold and copper explorations are being
conducted in Claveria and Peñablanca. Limestone extractions in Gonzaga and Sta.
Teresita and open-cut small-scale mining for manganese are also being undertaken
in Barangays Dagupan and San Mariano of Lal-lo.
The only dominant mining activity in the Province is gravel and sand
extraction. Large coal reserve whose quality is appropriate for power generation
was discovered in Iguig and the exploration permit of the company involved is now
converted to development permit.
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Infrastructure Support
Transportation
Cagayan is easily accessible by land, sea and air. Its
road network is relatively adequate to provide mobility and
access within, as well as to and from its neighboring
provinces.
Buses,
jeepneys,
vans,
tricycles, motorcycles, and calesas
are used to transport passengers by land within the
Province; while lampitaws and smaller boats are used to hop
between islands. Deluxe air-conditioned and regular airconditioned commercial buses ply the route daily bringing commuters to and from
Manila and other places. It takes an 8- to 10-hour trip from Manila
passing through Bulacan, Nueva Ecija, Caraballo Mountains, Nueva
Vizcaya and Isabela through the Maharlika
National Road (Philippine-Japanese Friendship
Highway). The road network connecting the
city and towns within the Province are either
concreted, asphalted or graveled.
Ships may dock in either of Cagayan‘s two major
ports: the Port of Aparri, which can accommodate 31,407
metric tons of cargo and Port Irene, one of the Philippine‘s
major free ports, for domestic and international shipping.
The Province also has three minor ports in Claveria, San
Vicente and Camiguin which are mainly used by
the local fishing industry and island dwellers.
Commercial airlines service the routes to
and from Cagayan – Manila, Laoag City, and
Batanes. The upgraded Tuguegarao Airport may
be an alternate international airport because its
2.1 kilometers long and 30 meters wide runway can now accommodate a 737
Boeing aircraft.
Power
Power for industries and for residential consumers is supplied by two electric
cooperatives – the Cagayan Electric Cooperative (CAGELCO) I and II. The
Tuguegarao sub-station of the Transmission Corporation (TransCo) currently has a
40MVA and 50MVA transmission facilities servicing the Province. The TransCo
intends to expand its Tuguegarao sub-station capacity into two 100MVA
transmission facilities to support the Province‘s increasing need for power.
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Typical Idyllic Sceneries of Cagayan North
Water
Level 3 water system facilities are limited to the poblacion areas only, namely
Tuguegarao City, Piat, Aparri Gonzaga, Camalaniugan, Solana and Claveria.
However, groundwater sources are excellent with readily available aquifers in the
entire province. Freshwater requirements in rural areas are supplied by deep and
shallow wells and communal pumping facilities. There are 11 irrigation systems
operated by the national government and 2,833 communal irrigation systems which
are either operated by local cooperatives or the National Irrigation Administration, or
co-operated by both.
Communications
Telephone landline services with direct dialing, data transmission and other
communication services are provided the Philippine Long Distance Telephone
Company (PLDT), Digital Telecommunications Philippines, Inc. (DIGITEL), and
Telecommunication Technologies of the Philippines, Inc. (TTPI). These three
telecommunications carriers cover a total of 17 municipalities collectively.
Cellular mobile telephone services are available covering practically the whole
province through Globe Telecommunications, Smart Communications and Sun
Cellular. Globe has 38 cell sites, Smart has 29 and Sun has 8 for a total of 75 cell
sites covering the entire province.
Twelve (12) AM/FM radio stations, two (2) relay television stations and
twenty seven (27) cable TV networks broadcast from Cagayan. CATV system is a
matured technology in Cagayan. It was adopted as early as the mid-1980s making
the Province one of the pioneers in the use of CATV in the Philippines.
There are three major local Internet Service Providers in the Province,
namely: PhilWorld, Cyberspace and IT-Links all located in Tuguegarao City. PLDT
and DIGITEL also provide Internet services aside from their regular telephone
service.
Aside from the nationally published newspapers, seven widely circulated local
publications disseminate local, national and international information.
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Recreational Facilities
Cagayan has ample facilities for leisure
and recreation to support its tourism
development. It has world class amenities and
inexpensive but excellent food. Various
accredited tourism facilities are in place like
hotels and restaurants, sports complexes, rest
areas and resorts.
Some of Cagayan‘s prime hotels and
restaurants are Hotel Roma, Hotel Lorita,
Candice Hotel, Hotel Ivory and Convention
Center, Victoria Hotel, Hotel Elinas, Villa
Blanca Hotel, Casa Ludivina Tourist Inn, Ryan
Hotel, and Hotel Aparri. Also, major fastfood
chains are in the Province like Greenwich,
Jolibee,
McDonald,
Max‘s,
Shakey‘s,
Chowking, Dunkin‘ Donut and Mr. Donut.
Some of the resorts are the Callao
Caves Parks and Resort – managed by the
Provincial Government of Cagayan, Sugar
Creek Resort in Iguig, GCT Farm Resort in
Enrile, Bassig Hilltop Resort in Peñablanca,
Claveria Bayview Inn and Cabicungan Beach
Resorts, both in Claveria and Vargas Seaside
and Riverside Resort in Abulug.
Hotel Roma
Jolibee
Ivory Hotel
Greenwich
Hotel Candice
McDonald’s
Shakey’s
Victoria Hotel
Max’s
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Banking and Financing Institutions
There are 21 commercial banks, 5 government banks,
one (1) thrift bank, and 15 rural banks in the Province.
Major commercial banks like the Philippine National
Bank (PNB), Landbank of the Philippines (LBP), Development
Bank of the Philippines (DBP), Metrobank, Bank of the
Philippine Islands (BPI), Coconut Planters Bank, Rizal
Commercial Bank Corporation (RCBC), Security Bank, Union
Bank, China Bank, Veteran‘s Bank, Postal Bank and Allied
Bank have their presence in Cagayan and many of them have
their branches in the capital City and in other strategic areas
of the Province. These banks provide ATM facilities and other
electronic banking services.
Aside from these major banks, government lending
institutions such as QUEDANCOR and Small Business Guarantee
Fund (SBGF) are also operating in the area. Rural banks like the
Cooperative Rural Bank of Cagayan (CRBC) and Mallig Rural
Bank are also in place.
Eco-Tourism
Eco-tourism is one of the priority areas for development
in the Province due to its endowment with nature‘s beauty and
wonders. Cagayan's natural attractions include its numerous
cave systems where you will find wonders of nature formed by
tiny drops of water over millions of
years. Feel the subtle energy of the
earth in underground canals, rivers,
lakes and hot springs which are all
good for swimming, photography
and even cave-diving. Explore the
different cave systems: Callao with
its 7 chambers, the 12-km-long
Odessa-Tumbali, the 115-meter-deep Jackpot, the underground
river of Duba Cave in Baggao, and more. Learn the art of cavecrawling through various peculiar rock formations, and
spelunking (rappelling/climbing).
You can have a walk in its forest
covered mountains and observe and
watch its various bird species and biodiversity.
If you want to find out your limits, let your spirit fly
with a kayak or raft ride through white-water rapids in the
Pinacanauan and Chico tributaries. Or you may take a calm
17
boat ride at dusk in Mororan, where you may see the awe-inspiring sight of
thousands of bats streaming into the fading light of sunset.
The long winding coastline of Cagayan harbors many spots
for water-oriented activities like sports fishing, swimming and
snorkeling. The famed Palaui island, with its windy undulating hills,
is in Sta. Ana, famous worldwide for its abundant marine life and
the site of national and international game fishing competitions.
This is where the biggest marlin and tuna fishes are caught.
Explore its old Cape Engaño
lighthouse, which dates back to the
Spanish regime and is still the only operational
lighthouse
in the
northeastern coast.
Numerous
beach resorts within
the
coastal
municipalities provide comfortable casual lodging and
facilities for enjoying the sea. Take your choice of fine
black sand beaches in Sanchez Mira, Sta. Praxedes,
Claveria, Pamplona, Abulug, Buguey, Aparri, Ballesteros and Gonzaga, or fine white
sand beaches in the coastal island town of Calayan or the coastal areas of Sta. Ana
like Anguib.
While on these, you can enjoy a variety of seafood prepared in truly natural
settings and other exotic and truly Cagayano foods and dishes.
Some of the more prominent tourist destinations in Cagayan are the
following:
Callao Caves Resort
Tourist Zone
Basilica Minore of Our
Lady of Piat
Baggao Cave and Water
Systems
Cagayan’s Coastal
Municipalities
Palaui Island and Anguib
Beach
Iguig Calvary Hills
Calayan Group of Islands
This is Cagayan‘s premier tourist destination. Aside from spelunking in its
diverse cave systems, the tourist zone also offers various ecotourism
activities like bird and bat watching, hiking, mountaineering, rock
climbing, rappelling, boating, kayaking, and swimming.
This national shrine has earned the distinction as the Pilgrimage Center of
the North
Baggao is known not only for its booming furniture industry but also for
its magnificent cave systems like the Duba Caves and Blue Water Caves
where the 5th National Caving Congress was held last April 2005.
Experience waking up to different sunrise and sunset views and frolic on
gray or golden sand beaches of the coastal municipalities
These are just two of the tourist attractions found in Sta. Ana, Cagayan.
Palaui Island boasts of its marvelous coves and the historical Cape
Engano Lighthouse while Anguib Beach‘ highlights include its white-sand
beach and crystal clear waters. San Vicente, Sta. Ana is also the site of
the Annual National Game Fishing Competition.
Features larger-than life concrete statues in tableau setting of the 14
Stations of the Cross
It is here where you can find pristine beaches, untouched coral reefs and
virgin forests and unique flora and fauna.
Whatever experience you choose, you will go home refreshed and
reinvigorated if not transformed, when you touch base Cagayan.
18
Some Cagayan Bird Species
A Sampling of Cagayan’s Pristine Beaches
Our Lady of Piat
Magapit Suspension Bridge
Lal-lo Church
Buntun Bridge
Falls in Peñablanca
Oldest Bell of the
Philippines
Camalaniugan Church
Sierra Cave
Typical Forest Covers of Cagayan
Callao Caves
19
Investment Opportunities
Preferred Investment Areas
The investments priorities of Cagayan focus on these industries which are
well-suited to its resources:
 Agriculture-Based Enterprises
o Aquaculture and Aquacapture
o Livestock and Poultry Production and
Processing
o Jatropha Plantation
o Industrial and Orchards Tree Plantations
(gmelina, narra, mahogany, mango, citrus
fruits, cacao, and others)
o Cereal Production and Processing
o Root Crop Production and
Processing
o High-Value Vegetable Production
o Medicinal Herbs and Essential Oils
Production
o Feeds Manufacturing
o Organic Fertilizer Production
o Seeds and Seedling Production
 Forest-Based Enterprises
 Tourism Facilities and Services
 Mining
20
Development Advantages
 It is a Gateway to New Markets: You will find many unique advantages
in Cagayan as a business base, primarily due to its location and resources.
 Presence of the Cagayan Economic Zone Authority (CEZA) and
Proximity to very progressive East
Asian Countries: Cagayan is situated
along international shipping routes,
therefore
gaining
a
geographical
advantage as a major transshipment point
for Philippine traders to access prime
overseas markets such as Hong Kong,
Taiwan, Korea, Japan and China. The
Presence of CEZA which operates the
Cagayan Special Economic Zone and
Freeport (CSEZFP) is an add-on for it
operates as a separate customs territory
similar to Hong Kong, Singapore, Labuan
CEZA Facilities and Buildings
in Malaysia and Hamburg in Germany.
 Accessible through Land, Sea and Air
 Rich in Natural Resources: Cagayan is endowed
with rich natural resources for agricultural and
industrial development, as follows: (a) Wide
expanse of lands for agricultural and industrial
development; (b) Productive forestlands and vast
underutilized grasslands for livestock production and
other purposes; (c) Abundant inland water and
marine resources; (d) Existence of rich and ample
mineral resources and abundant indigenous energy
resources; (e) Cagayan owns one of the longest
shoreline and largest fishing grounds in the
Philippines; (f) It is one of the few places in the Philippines with remaining
virgin forests; and also one of the largest secondary growth and residual
forest covers; (g) Availability of freshwaters through the Cagayan River
and its various tributaries and groundwater/aquifers.
21
 Replete with Nature’s Endowments: It is endowed with breathtaking
sceneries and beaches, cavernous caves, thunderous falls, rapids, rivers,
limestone mountains, thick virgin forests,
verdant valleys among others. Also, it is
listed as a mega-biodiversity corridor by
international conservation entities due to
the Sierra Madre Mountain Ranges which
is the habitat of tens of thousands of
flora and fauna species and also its rich
marine and freshwater biodiversity. It is
also the home of the mighty MonkeyEating Eagle, the Philippine‘s national
bird. Also, it is home to the Calayan
Rail, a newly discovered bird species.
These natural endowments are suited
for eco-tourism development.
 Convergence Point for Commerce, Education, and Services in
Northern Philippines with most of the regional line agencies,
colleges/universities, and large business entities located in its capital city.
 Low Crime Rate and Excellent Peace and Order
 Rich Cultural Heritage
 Adequate Infrastructure Support: Cagayan has
well-developed communication, power, water,
transportation and health facilities and services. It
also has ample facilities for recreation like world
class amenities and inexpensive but excellent food.
 Presence of Adequate Financing and Banking
Institutions
 Low-cost but skilled and pliable manpower
 Peace-loving, warm, gentle and amiable people
22
Fiscal Incentives to Registered Enterprises under the Cagayan
Investment Incentives Code
In addition to the incentives provided under Republic Act 7160, otherwise
known as ―Local Government Code of 1991‖ and Republic Act 7916 known as ―The
Economic Zone Act of 1995‖, Executive order No. 226 known as ―Omnibus
Investment Code of 1987, the Province also provides the following:
o
Use of real properties owned by the Provincial Government for free for
a period not exceeding 3 years;
o
Exemption from payment of basic real property tax for:
 Enterprises established in 5th and 6th class municipalities — for a period of 6
years; and
 Enterprises established in 2nd, 3rd, and 4th class municipalities — for a
period of 3 years.
o
Exemption from tax on transfer of real property ownership for a period
not exceeding 3 years;
o
Exemption from franchise tax for a period not exceeding 3 years.
Kayaking, Rappelling, Wind Surfing, Game Fishing, Aquathlon
and Other Sports Events and Activities in Cagayan
Annexes
23
24
Physical Characteristics
 Occupies the northeastern portion of Luzon.
Bounded on the north by Babuyan Channel and Batanes; on the east by the Pacific
Ocean; on the south by the Province of Isabela; and on the west by the Cordillera
Mountain and Provinces of Kalinga and Apayao
 The province is a vast expanse of valleys and plains
 Has large rivers
1. Cagayan River
2. Pinacanauan River
3. Wangag River
4. Abulug River
5. Pared River
6. Chico River
7. Dummun River
 Covers a land area of 900,270 hectares
1. 384,788 hectares of Alienable and Disposable Land
( A&D)
2. 515,482 hectares Forest Land
(of the total forest land – 11,291 is grassland)
 About 30 percent or 253,831 hectares are flat to nearly level
 Has wide expanse of mangroves
(with a total area of 6,108.16 hectares)
 Has 15,785 hectares of wetlands
 Has extensive coastline of about 500 kilometers
 Out of its 29 component local government units, 12 are coastal municipalities
 Has islands with pristine beaches and forest covers
1. Palaui Island
4. Camiguin Island
2. Fuga Island
5. Calayan Island
3. Dalupiri Island
6. Babuyan Claro
 Has nationally proclaimed protected areas
1. Palaui Island Landscape and Seascape Protected Area
2. Wangag Watershed Reserve Protected Area
3. Baua Watershed Reserve Protected Area
4. Magapit Game Refuge and Bird Sanctuary Protected Area
5. Peñablanca Landscape Protected Area
25
Demography
 Cagayan is a Province of Region 02 – Cagayan Valley Region
 Capital – Tuguegarao City
 Classification – First Class Province
 Politically subdivided into 3 congressional districts, 28 municipalities, one
component city and 820 barangays
 A population of 1,191,002 which represents 35 percent of the total regional
population (Estimated for 2010)
 An annual population growth rate of 1.82 %
 A Population density of 110 person per square kilometer
 Has 195,890 families
 Percent Share of Urban Population – 17.53%
to Total Population
 Average Family Income – P96,386/annum (Year 2000)
 Percentage of Families with heads – 85.63%
gainfully employed
 Percentage of families with 18 years – 94.56%
old and over gainfully employed
 Average Family Expenditure – P77,659/annum
 Predominantly Ilocano and Ybanag population
 Has approximately 641,000 Population 15 years old and over
 Strength of labor force is estimated at 493,500
 Of the total labor force, 479,000 are gainfully employed or an employment
rate of 97.0%
 Of the total number of employed, 330,000 are in agriculture and 149,000 are in
non-agriculture sector
 Poverty incidence – 23.1%
 Functional Literacy Rate – 68.72
 Average Monthly Crime Rate – 4 / 100,000 population
 Crime Solution Efficiency – 94%
26
Infrastructure Support and Utilities
 Linked to its neighboring provinces up to Metro Manila by the Maharlika National
Road (Philippine-Japanese Friendship Highway)
1. National Roads
–
632.8 kilometers
2. Provincial Roads
–
527.837 kilometers
 Tuguegarao Domestic Airport
Tuguegarao Domestic Airport with a runway of 2.1 kms. and 30 meters wide; 2.5 kms.
of Tuguegarao city proper; can accommodate 737 Boeing aircraft
 Major Ports – classified as National Port of Entry
Port Irene and Port San Vicente in Santa Ana which are being managed by the Cagayan
Economic Zone Authority (CEZA); and Port of Aparri
 Municipal Ports
Port of Abulug; Port of Claveria; and Port of San Vicente in Sta. Ana
 Irrigation Systems
1. National Irrigation System (NIS)
–
11
2. Communal Irrigation System(CIS)
–
1,489
 Power Distribution and Transmission Facilities
2 units with combined capacity of 90MVA for TransCo; 4 units with combined capacity
of 45MVA for CAGELCO I; 4 units for a combined capacity of 35MVA for CAGELCO
II; and 1 unit 5 MVA for CEZA
 Cellular Mobile Communication Services
1. Globe (available in all municipalities)
3. Sun Cellular
2. SMART (available in all municipalities)
 Landline Telecommunication Services
1. Philippine Long Distance Telephone Company (PLDT)
2. DIGITEL
3. Telecommunication Technologies of the Philippines
 Television Networks, CATV and Radio Stations
1. GMA TV relay stations
4. FM Radio – 7
2. ABS- CBN relay stations
5. AM Radio – 5
3. CATVs – 27
 Schools
1. Colleges
22
2. Private Universities: 2
a. Saint Paul University
b. University of Saint Louis
of Tuguegarao
3. State University
7 campuses
(Cagayan State University)
4. Technical Vocational 26
5. Public Secondary
252
6. Private Secondary 99
 Health Facilities
10-bed Hospitals - 7
Private Hospitals - 13
Tertiary Hospital - Cagayan Valley Medical Center (CVMC) with 300-bed
capacity
27
Trade and Industry
 Registered Business Establishments
A. Total No. of Business Establishments by Asset Size
Asset Size Classification
Micro (Less than P3M)
Small (More than P3M to P15M)
Medium (More than P15M to P100M)
Large (More than P100M)
TOTAL
2001 to 2004
10,801
248
18
2
11,069
B. Total No. of Business Establishments by Ownership
Form of Business
Sole Proprietorship
Partnership
Corporation
Cooperative
TOTAL
2001 to 2004
10,858
11
167
33
11,069
C. Total No. of Business Establishments by Type of Activity
Type of Activity
Trading
Services
Manufacturing
Agri-based
TOTAL
2001 to 2004
6,928
3,144
940
57
11,069
 Banking and Financing Institutions:
1. Commercial Banks
–
21
2. Government Banks
–
5
3. Thrift Bank
–
1
4. Rural Banks
–
15
5. Government
–
2 (QUEDANCOR and
Financing
Small Business Finance
Institutions
Corporation)
 Investment inflows
–
P1.72B ( 2004) from BNR only
 Total Export Earnings
–
US$ 767.735 M
 Inflation Rate
–
6.6%
 Purchasing Power of Peso
–
P0.84
 Consumer Price Index
–
119.20
28
Agriculture Profile
 Agricultural Production , MT (2004)
Rice
–
482,804
Corn
–
127,305
Banana
–
85,908
Fruit Vegetables
–
8,299
Mango
–
12,947
Cassava
–
9,022
Mongo (Mungbean) –
446
Sugarcane
–
236,027
Coffee
–
57
(Ranked 3rd Nationwide)
(Ranked 2nd Nationwide)
(Ranked_15th Nationwide)
 Livestock Production (Liveweight, MT)
Carabao
–
14,161
Cattle
–
15,325
Swine
–
98,720
Goat
–
2,369
Chicken
–
51,337
Duck
–
6,183
 Number of Livestock (Count)
Cattle
–
37,249 heads
Carabao
–
138,432 heads
Goat
–
54,512 heads
Swine
–
301,250 heads
 Poultry
Chicken
Native
Broiler
Duck
–
–
–
 Sufficiency Level
Rice
–
Corn
–
Root and Tuber Crops–
Fruits
–
Carabeef
–
Beef
–
Pork
–
Chicken
–
Fish
–
6,825,849 heads
1,479,587 heads
217,222 heads
221%
178%
166%
264%
78%
93%
62%
18%
33%
29
 Citrus Production
Production
(MT)
Commodity
Calamansi
Mandarin
Orange
Pomelo
Total
4,114
1,962
93
3,880
10,049
 Areas for Production
Commodity
Area (Ha)
Rice
126,813
Corn
HVCC (Vegetable, Legumes, Fruit
Trees)
Other (Sugarcane, Coconut,
Pineapple)
110,772
Total
429,980
 Idle Agricultural Lands
-
41,917
150,478
153,665 Hectares
30
Fishery Profile
 Fishing Grounds
1. Babuyan Channel
2. Balintang Channel
3. Pacific Ocean
4. Cagayan River and Tributaries
 Fish Production, MT (2004)
1. Aquaculture
–
2,222.90
2. Municipal
–
9,342.61
3. Commercial
–
22,434.37
 Major Fisheries Commodities
Tuna and tuna-like fishes, hairtail, salmon, snappers, scad, slipmouth, blue marlin,
shrimps, squid, mackerel, aquarium fishes, sardines, mullet, herring, lobster,
gobyfry, tilapia, oyster, bangus, crabs, and ludong
 Area Developed for Aquaculture
1. Freshwater
2. Brackishwater
3. Other aquaculture activities
-
5,793 hectares
42,494 hectares
91.04 hectares
 Number of Fishpond Operators
1. Freshwater
2. Brackishwater
-
3,173
831
 Number of Fish Cage Operators
1. Freshwater
2. Brackishwater
-
67
229
 Area used for Fish Caging
1. Freshwater
2. Brackishwater
-
41,034 cu
5,269 cu.m.
 Municipal Fisheries (marine aquacapture)
1. Number of fisherfolks
8,104
2. Number of fishing bancas
2,219
Motorized
1,847
Non-Motorized
372
No. of operators
2,219
31
Investment Opportunities
 Aquaculture and Aquacapture
1. Commercial Fishpond Development (Brackish and Freshwater)
a. Farming of High Value Species
b. Crab and Prawn production
2. Marine Fish Culture
a. Farming of High Value Species
3. Fish Processing and Canning
4. Deep Sea Fishing
 High-Value Crops Production and Processing
1. Cereal Production and Processing
2. High Value Vegetable Production
3. Cassava Production and Processing
4. Legumes Production
5. Production of Spices






Livestock and Poultry Production and Processing
Feeds Manufacturing
Organic Fertilizer Production
Seeds and Seedling Production
Medicinal Herbs and Essential Oils Production
Industrial and Orchards Tree Plantations
1. Citrus Fruits Production and Processing
2. Mango Production and Processing
3. Cacao Production and Processing
4. Narra Plantation
5. Gmelina Plantation
6. Mahogany Plantation
 Tourism Facilities and Services
1. Development of Beach Resorts in Sta. Ana, Gonzaga and other coastal towns
2. Establishment of tourist facilities in Portabaga Falls in Sta Praxedes and various hot springs
and falls in Baggao and Gattaran
 Mining
1. Agricultural Lime Production
Limestone reserves are located in Gonzaga, Sta. Ana, Penablanca, and Lallo with an estimated
volume of 268,000,000 MT
2. Manganese
Ore reserves are located in Lal-lo and Pamplona with an estimated volume of about
40,000MT
3. Gold and Copper Mining
Ore reserves are located in Penablanca and Claveria. Estimated Volume of gold reserve is
1,000,000MT while copper reserve is not yet quantified
4. Iron Mining
a. Location and Estimated Volume (MT) of Ore Reserve
a.1 Claveria
–
21,000
a.4 Ballesteros –
a.2 Camalaniugan –
1.88 million
a.5 Sanchez Mira –
a.3 Gonzaga
–
1.77 million
5. Clay Extraction
a. Location and Estimated Volume (MT) of Reserve
a.1 Enrile
–
5.6 Million
a.2 Camalaniugan –
5.62
a.3 Iguig
–
Not yet quantified
2.1 million
3.4 million
32
Priority Investment Projects
o Integrated Grains Processing Centers
Establishment and operation of integrated rice milling district and integrated
corn milling district; includes technology transfer and farm mechanization
services
o Integrated Livestock Center
Establishment of livestock auction center and flea market; includes embryo
transplant laboratory, modern slaughterhouse, cold storage and feed and
veterinary care products; it will serve as a regional livestock trading center
o Fisheries Center
Establishment of hatchery, production, training and demonstration farm for
aquaculture
o Agro–Forestry Center
Establishment of a model agro-forestry center and provision of technology
transfer services; includes tree farming and cultivation of cash crops.
o Callao Caves Park and Resort Development
Development of the Area into a premier eco-tourism destination which shall
also include provision of tourism-related services and activities
33
Hotels and Resorts
Hotel Candice
Hotel Roma
Cor. Blumentritt and
Luna Sts. Tuguegarao City, Cagayan
(078) 844-2001/2002
Fax (078) 844-2003
Corner Luna and Bonifacio Streets
Tuguegarao City, Cagayan
(078) 844-1057
Hotel Delfino
Victoria Hotel
Bonifacio St. Tuguegarao City, Cagayan
(078) 844-1952/1953
Pengue Ruyu (Beside Brickstone Mall)
(078) 844-0436
Hotel Ivory and Convention Center
Tesda Hotel
Buntun Highway Tuguegarao City, Cagayan
(078) 844-1275
(078) 846-3903
Fax (078) 846-2179
Maura, Aparri, Cagayan
(078) 822-8270
822-8306
Casa Ludivina Tourish Inn
Ceza Guest House
NATIONAL Highway, Leonarda
(078) 844-1568
Fax 844-1565
Centro, Sta Ana, Cagayan
(078) 585-1021
Hotel Lorita
Cabicungan Beach Resort And Restaurant
Rizal St., Tuguegarao City, Cagayan
(078) 844-1390
(078) 846-2565
(078) 846-2179
CENTRO 6, Claveria, Cagayan
(078) 866-1011
Villa Blanca Hotel
Claveria Bayview Inn And Beach Resort
Pataui St. Ugac Norte,
Tuguegarao City Cagayan
9078) 844-1819
Fax (078) 844-5165
Centro 6, Claveria, Cagayan
(078) 866-1071
New Crown Lodge and Restaurant
Hotel Aparri
Luna St. Ext. Ugac Highway
(078) 844-1739
National Highway, Macanaya
Aparri, Cagayan
(078) 822-8744 / 888-2150
Hotel Carmelita
Ryan Hotel
Diversion Road
National Highway
Fax (078) 844-7027
Rizal St., Maura, Aparri, Cagayan
(078) 822-8210
888-2369
Claveria Agri-Based MPC Resort
St. Patrick Garden Hotel
Centro 1, Claveria, Cagayan
(078) 866-1084
866-1085
Fax No. 822-9319
National Highway, Macanaya
Aparri, Cagayan
(078) 822-8545
888-2288
34
Tourist Attractions
Callao Caves Resort
Tourist Zone
This is Cagayan North‘s premier tourist destination. Aside
from spelunking in its diverse cave systems, the tourist
zone also offers various ecotourism activities like bird and
bat watching, hiking, mountaineering, rock climbing,
rappelling, boating, kayaking, and swimming.
Basilica Minore of Our
Lady of Piat
This national shrine has earned the distinction as the
Pilgrimage Center of the North
Baggao Cave and Water
Systems
Baggao is known not only for its booming furniture
industry but also for its magnificent cave systems like the
Duba Caves and Blue Water Caves where the 5th National
Caving Congress was held last April 2005.
Cagayan North’s
Coastal Municipalities
Experience waking up to different sunrise and sunset
views and frolic on gray or golden sand beaches of the
coastal municipalities
Palaui Island and
Anguib Beach
These are just two of the tourist attractions found in Sta.
Ana, Cagayan. Palaui Island boasts of its marvelous coves
and the historical Cape Engano Lighthouse while Anguib
Beach‘ highlights include its white-sand beach and crystal
clear waters. San Vicente, Sta. Ana is also the site of the
Annual National Game Fishing Competition.
Features larger-than life concrete statues in tableau
setting of the 14 Stations of the Cross
This cave is only 20 meters away from the famous Callao
Caves, and one can gain entry by crawling through a very
low and narrow opening called ‗Celica‘s Passage‖
This cave is located in Baggao. The clear and blue water
of its underground river is excellent for swimming.
An appealing and amazing haven for sea and sports
lovers. The area provides a view of the mythical and
famous ―Lakay-lakay‖ and ―Baket-baket‖ rocks formations.
This is the only one of its kind in the Philippines, and is
the first suspension bridge in Asia. The bridge is still
operational and is used for access to the Ilocos Region
This is one of the island barangays of the Province and is
an ideal place for snorkeling, scuba diving, game fishing,
forest exploration and mountain climbing.
This beauty is located in Sta. Praxedes. It is a captivating
scenic spot that provides a display of the beautiful flora of
the place.
It is here where you can find pristine beaches, untouched
coral reefs and virgin forests and unique flora and fauna
Iguig Calvary Hills
Sierra Cave
Duba Caves
Claveria Sand Beach
Magapit Suspension
Bridge
Palaui Island
Portabaga Falls
Calayan Group of
Islands
35
Cost of Doing Business
Wage Rate
Compensation
Industry/Sector
Non-Agriculture
Agriculture
Retail Service
Employing more than 10
Employing less than 10
182.00
170.00
8.00
8.00
Total
Compensation
190.00
178.00
174.00
147.00
8.00
8.00
182.00
155.00
Basic Wage
ECOLA
Power Rate
Customer Type
Average Rate per Kwhr
Residential
Commercial
Communal Water System
Industrial
11.90
51.57
380.15
1,130.96
Water Rate
Rate per Cubic
Meter
10.20
14.55
17.85
21.15
24.45
32.95
72.00
11,069
Users’ Group
Residential (Type 1)
Residential (Type 1)
Commercial (Type 1)
Commercial (Type 2)
Commercial (Type 3)
Industrial
Wholesale/Bulk Service
TOTAL
Value of Real Estates
Classification
Residential
Commercial
Industrial
Agricultural
Irrigated
Non-irrigated
Location
Tuguegarao
Aparri
1,200/sq.m.
2,000/ sq.m.
1,100
4,858.57
250,000/hectare
150,000/hectare
93,000/hectare
49,500/hectare

An Investment Guide

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