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Investment Location Profiles Province of Bohol, Philippines 1

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Investment Location Profiles Province of Bohol, Philippines 1 INVESTMENT LOCATION PROFILES PROVINCE OF BOHOL, PHILIPPINES 1 INVESTMENT LOCATION PROFILES PROVINCE OF BOHOL, PHILIPPINES 1. MUNICIPALITY OF ALICIA I. LGU PROFILE Major Economic Sectors: Agri-Business, Eco-Tourism Value Proposition: The Municipality of Alicia, Bohol is aiming to promote the growth of investments in the Municipality, particularly in the area of Agri-Business, Eco-Tourism, Light Manufacturing and Services, Thus, we are providing fiscal and non-fiscal incentives to encourage investors. Investment Priority Areas: Eco-Tourism; Agri-Business; Light Manufacturing; Services Incentives: Tax Incentives to Registered Enterprises. In addition to the Incentives provided under Republic Act 7160 other known as the “Local Government code of 1991”, and Republic Act 7616 known as: The Special Economic Zone Act of 1995” and other pertinent laws, a registered enterprise under this Code shall enjoy the following tax incentives; a. Tax credit equivalent to ten percent (10%) of the total cost of approved infrastructure projects to be deducted from the future real property tax liability of the registered enterprise within a period of five(5) years starting the date of the expiration of the tax exemption of the registered enterprise , Provided , that the tax exemption shall pertain only to the thirty-five percent (35%) share of the Municipality. Non-Fiscal Incentives. –Registered enterprises and investors shall be granted the following non- fiscal incentives: a. Provision of a one-stop documentation center for simplified documentation procedures. b. Consistent support for industrial peace through AIPC. c. Assistance in securing direct source of electric power and water supply connection. d. Assistance in the negotiation of special rates for industries with a minimum load of at least 1000 kilowatts. e. Assistance in site selection and negotiation for right of way. f. Assistance in labor recruit and arbitration. Other non-fiscal incentives as may be determined by the Board. Distance from Tagbilaran City: 112 kms. Distance from Bohol Panglao International Airport: 130 kms./ 2 hrs. & 30 mins. Distance from The Nearest Seaport: Ubay Port (15 kms.) Telephone: (038) 0927-386-2112 Email: [email protected] 2 INVESTMENT LOCATION PROFILES PROVINCE OF BOHOL, PHILIPPINES II. INVESTMENT LOCATION PROFILE 1. ALICIA SOCIALIZED HOUSING Location: Barangays: Poblacion and other urban barangays Target Investments: P817 Million Land Area: 5 has. Land Area Owner: Casimiro Bompat (private) 3 INVESTMENT LOCATION PROFILES PROVINCE OF BOHOL, PHILIPPINES 2. MUNICIPALITY OF BACLAYON I. LGU PROFILE Major Economic Sectors: Agriculture Investment Priority Areas: Tourism Agriculture Distance from Tagbilaran City: 13.3 kms. Distance from Bohol Panglao International Airport: 20.3 kms./ 31 mins. Distance from The Nearest Seaport: Tagbilaran Seaport 13.3 kms. Telephone: (038) 427-1728 Email: [email protected] II. INVESTMENT LOCATION PROFILE 1. PAMILACAN ISLAND TOURISM DEVELOPMENT Location: Pamilacan, Baclayon, Bohol Land Area: 134.457 has. Land Area Owners: Various 4 INVESTMENT LOCATION PROFILES PROVINCE OF BOHOL, PHILIPPINES 5 INVESTMENT LOCATION PROFILES PROVINCE OF BOHOL, PHILIPPINES 3. MUNICIPALITY OF BALILIHAN I. LGU PROFILE Major Economic Sectors: Agriculture, Farming Investment Priority Areas: Agriculture Agri-Business Tourism Distance from Tagbilaran City: 22 kms. Distance from Bohol Panglao International Airport: 40 kms. , 1 hour Distance from The Nearest Seaport: Tagbilaran Seaport, 22 kms. Telephone: (038) 09062538261 Email: [email protected] II. INVESTMENT LOCATION PROFILE 1. BALILIHAN AGRI-INDUSTRIAL HUB (COCO HUB) Location: Del Carmen Sur, Balilihan, Bohol Target Investments: P75 Million Land Area: 2.5 has. Land Area Owners: LGU Balilihan Estimated Land Acquisition Cost: P1,500,000.00 6 INVESTMENT LOCATION PROFILES PROVINCE OF BOHOL, PHILIPPINES 7 INVESTMENT LOCATION PROFILES PROVINCE OF BOHOL, PHILIPPINES 8 INVESTMENT LOCATION PROFILES PROVINCE OF BOHOL, PHILIPPINES 4. MUNICIPALITY OF BATUAN I. LGU PROFILE Major Economic Sectors: Agriculture, Tourism Investment Priority Areas: (Based in the Batuan Investment Code) Sustainable Tourism Sustainable Agriculture and Agribusiness Services Information and Communication Technology Energy Environmental Management and Enhancement Projects (Additional Identified Investment Priority Areas) Water Service Facilities Incentives: Tax Incentives Non-fiscal Incentives through investor services, one-stop shop and facilitation services Distance from Tagbilaran City: 45 kms. Distance from Bohol Panglao International Airport: 56 kms./ 1 hr. and 11 mins. Distance from The Nearest Seaport: Tagbilaran Seaport, 45 kms. Telephone: (038) 533-9000 Email: [email protected] II. INVESTMENT LOCATION PROFILES 1. MAKAPIKO NATURE PARK Location: Rizal, Batuan, Bohol Target Investments: P33.8 Million Land Area: 4 has. Land Area Owners: Proposed Memorandum of Agreement (MOA) or Special Use Agreement in Protected Areas (SAPA) with the Department of Energy and Natural Resources (DENR) Description: The municipality boasts of its own natural resources that could be tapped and built on for tourism development. The presence of natural endowments such as hills, caves, bodies of water, flora & fauna, and its rich cultural wealth makes Batuan a good potential for tourism development. However, preservation of these natural resources is crucial to achieve an appropriate balance among economic, environmental and social benefits of the area. 9 INVESTMENT LOCATION PROFILES PROVINCE OF BOHOL, PHILIPPINES 10 INVESTMENT LOCATION PROFILES PROVINCE OF BOHOL, PHILIPPINES 2. BATUAN AGRI (BAMBOO) PARK Location: Poblacion Norte, Batuan, Bohol Target Investments: P8 Million Land Area: 3 has. Land Area Owners: LGU Batuan Description: On account of its innumerable applications and marketability, bamboos are used for almost every purpose as wood. Among others, bamboos are vulnerable materials for furniture and various handcrafts. The industry has already become one of the more significant contributors to the national economy. Batuan Bamboo Park Project should include the following features: Parking Area Bamboo Function Hall/ Retreat House Bamboo Tree Houses Camping Area Bamboo Jacuzzi/ Swimming Pool Bamboo Forest Path (with Hike & Bike Trails) Bamboo Maze Fishpond Coffee and Cacao Plantation Canopy Walkways 11 INVESTMENT LOCATION PROFILES PROVINCE OF BOHOL, PHILIPPINES 3. BATUAN CHOCOLATE HILLS OUTBACK ADVENTURE Location: Barangays Garcia and Santa Cruz, Batuan, Bohol Target Investments: P111.5 Million Land Area: 4 has. Land Area Owners: Proposed Memorandum of Agreement (MOA) or Special Use Agreement in Protected Areas (SAPA) with the Department of Energy and Natural Resources (DENR) Description: The proposed project will establish a local tourism for the worl renown Chocolate Hills. A circuit for farm stays and farm tours will be developed to link with one community to another. The realization of the close encounter with the Chocolate Hills is through viewing deck, buggy, ATV, Gandola, cable car and zip lines along with a variety of farm activities like pick and pay, carabao riding, fish and pay, coconut climbing, the basics in rice farming, traditional rice pounding and many other activities. The project will accommodate farm stays and tours with a classy farm and tree houses where guests can cook on their own from the farm. 12 INVESTMENT LOCATION PROFILES PROVINCE OF BOHOL, PHILIPPINES 4. BATUAN FARM TOURISM Location: Barangays Rosariohan, Cambacay and Poblacion Vieja, Batuan, Bohol Target Investments: P8 Million Land Area: 3 has. Land Area Owners: Mr. Jomer Balag Description: The Farm Tourism Project involves farm stay and farm tour with a variety of activities in agricultural production such as pick and pay, carabao riding with and without sledge, fish and pay, coconut climbing, feeding of farm animals, traditional loboc and the basics in farming like plowing, harrowing, planting and harvesting. The project also involves native cottages and tree houses very close to nature with hilot and aromatherapy are readily available. 13 INVESTMENT LOCATION PROFILES PROVINCE OF BOHOL, PHILIPPINES 5. MUNICIPALITY OF BIEN UNIDO I. LGU PROFILE Major Economic Sectors: Agriculture, Tourism, Commerce, Trade and Industry Investment Priority Areas: Eco-Tourism Light manufacturing and Precision Assembly Agri-Business Services Incentives: Fiscal 1) Tax Credit equivalent to 30% of the Municipal business tax and 50% of the 40% LGU-RPT share for a period of 3 years for medium scale enterprise; 2) Tax Credit equivalent to 60% of the Municipal business tax and 80% of the 40% LGU-RPT share for the period of 5 years for large scale enterprises Non-Fiscal Incentives through investor services, one-stop shop and facilitation services. Distance from Tagbilaran City: 96 kms. Distance from Bohol Panglao International Airport: 115.7 kms./ 2 hrs. 25 mins. Distance from The Nearest Seaport: Bien Unido Subport (within scope), Talibon Port (20 kms.), Ubay Seaport (20 kms.) Telephone: (038) 09273074711-Mayor’s Office; (038) 09996770519-Tourism Officer Email: [email protected] II. INVESTMENT LOCATION PROFILES 1. BIEN UNIDO DOUBLE BARRIER REEF (UNDERWATER GROTTO) Location: Bilangbilangan Daku, Bien Unido, Bohol Land Area: 6.55 has. Land Area Owners: Protected Area, managed by LGU 14 INVESTMENT LOCATION PROFILES PROVINCE OF BOHOL, PHILIPPINES 15 INVESTMENT LOCATION PROFILES PROVINCE OF BOHOL, PHILIPPINES 16 INVESTMENT LOCATION PROFILES
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