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The Bicol Region Situated at the Southernmost Tip of the Luzon Land Mass

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The Bicol Region Situated at the Southernmost Tip of the Luzon Land Mass The Bicol Region Situated at the southernmost tip of the Luzon land mass Lies between 11° - 30' to 14° - 20' North latitude and 122° - 20' to 124° - 30' East longitude Bounded on the north by Lamon Bay and Pacific Ocean on the East, the Sibuyan Sea and Ragay Gulf on the west POTENTIALS culture and religion natural resources tourism attractions mineral resources geothermal energy Manifests a mixture of dynamic culture . and religious people Rich in natural resources suitable for agriculture and marine industry with 13 fishing grounds Offers varied tourism products ranging from natural to man-made attractions A home to Mayon Volcano Rich in metallic and non-metallic minerals Hosts to two major geothermal fields that supply energy to the Luzon Grid CHALLENGES • reduce poverty • attain high and sustainable economic growth • create high paying jobs • develop more resilient communities • competitive LGUs • productive business sector Poverty reduction has been insignificant Indicator Philippines Bicol Annual Per Capita Poverty P18,935 P18,257 Threshold Daily Per Capita Poverty P52 P50 Threshold Poverty Incidence 25.2 41.1 (population) Magnitude of poverty 23,745,895 2,276,848 (population) Poverty incidence reduced by 3.1 percentage points from 44.2 % in 2009. Bicol ranked 4th in poverty incidence and1st in magnitude. Among 85 provinces, Masbate ranked 9th in incidence and Camarines Sur ranked 3rd in magnitude. Economic growth has not been sustained Bicol Gross Regional Domestic Product 9 8 7 6 5 GrowthRate 4 3 2 1 0 2010 2011 2012 2013 2014 GRDP Growth Rate 3.5 1.9 6.9 8.1 4.2 Family income and expenditure Indicator (2012) Philippines Bicol Average Annual Family P235,000 P162,000 Income Average Annual Family P193,000 P144,000 Expenditure Income Inequality 0.4605 0.4233 The average annual family income (AAFI) increased by only P10,000 from 2009. AAFI was below the national average by P73,000. Employment Situation (%) Indicator (2014) Philippines Bicol LFPR 64.4 62.8 Employment Rate 93.2 93.8 Unemployment Rate 6.8 6.2 Underemployment Rate 18.4 34.9 Bicol has the highest underemployment rate in 2014 and was among the nine regions with underemployment rate above the national average. World Risk Index 2013 2014 Rank/Country Index (%) Rank/Country Index (%) 1. Vanuatu 36.43 1. Vanuatu 36.50 2. Tonga 28.23 2. Philippines 28.25 3. Philippines 27.52 3. Tonga 28.23 4. Guatemala 20.88 4. Guatemala 20.68 5. Bangladesh 19.81 5. Bangladesh 19.37 6. Solomon Islands 18.11 6. Solomon Islands 19.18 7. Costa Rica 16.90 7. Costa Rica 17.33 8. Cambodia 16.90 8. El Salvador 17.12 9. El Salvador 16.85 9. Cambodia 17.12 10. Timor-Leste 16.37 10. Papua New Guinea 16.74 11. Papua New Guinea 15.90 11. Timor-Leste 16.41 12. Brunei Darussalam 15.80 12. Brunei Darussalam 16.23 13. Mauritius 15.18 13. Nicaragua 14.87 14. Nicaragua 14.89 14. Mauritius 14.78 15. Japan 14.10 15. Guinea-Bissau 13.75 Cities and Municipalities Competitiveness Index 2015 Top Fifty Competitive Component Cities and First Class Municipalities Government Overall Local City Economic Dynamism Infrastructure Province Efficiency Government Classification Rank Score Rank Score Rank Score Rank Score CITIES Independent 1 57.75166 Naga (CS) Camarines Sur 1 16.65777 1 24.11473 1 16.97917 Component City 15 41.34564 Legazpi Component City Albay 26 9.616242 24 19.14835 11 12.58105 33 38.32096 Tabaco Component City Albay 69 7.736073 4 21.16589 58 9.419 38 37.40203 Ligao Component City Albay 67 7.819696 23 19.20234 38 10.37999 41 37.23244 Iriga Component City Camarines Sur 79 7.225506 27 18.96318 24 11.04375 47 36.54181 Sorsogon Component City Sorsogon 59 7.98618 32 18.6208 46 9.934832 MUNICIPALITIES 13 39.34685 Polangui First Class Albay 5 12.27431 30 18.13725 64 8.935285 Camarines 14 39.2958 Daet First Class 32 9.893455 33 18.03865 8 11.36369 Norte 29 35.8921 Pili First Class Camarines Sur 41 9.471127 75 16.80119 35 9.619784 Create an environment for the business sector reduce the cost of doing business provide quality and reliable infrastructure facilities streamline business licensing system Availability of skilled manpower required by the business sector VISION Bicol as the country’s most livable region Livable Region • Reduced poverty • Available jobs & livelihood • Basic services are fulfilled (education, health, nutrition, housing) • Efficient and reliable infrastucture • Good governance • Sustainable natural environment Thank you..
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