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Bohol Economic Factbook 2012

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Bohol Economic Factbook 2012 Compiled by OFFICE OF THE GOVERNOR BOHOL INVESTMENT PROMOTION CENTER 2012 Editi on bohol factbook } } } 1 ohol is a prime eco-cultural Btourist destination and a strong, balanced agri-industrial province, with a well-educated, God-loving and law-abiding citizenry, proud of their cultural heritage, enjoying a state of well- being and committed to sound environment management. VISION STATEMENT OF THE PEOPLE OF BOHOL 2 } bohol factbook GOVERNOR’S Message t is with great pride and pleasure that I invite and welcome visitors, development partners and investors to our island province that Ioff ers a wide array of investment opportuniti es and provides a safe haven for both business and leisure. The province has been known for its amazing tourist desti nati ons and picturesque natural endowments, like its signature tourism icon the Chocolate Hills, the Philippine tarsier, its beauti ful coastline skimmed by gentle coves and white sand beaches, rich biodiversity and cultural heritage and much more. With these in mind, our provincial government strives to enti ce and help business locators who not only help strengthen our economy but also responds to the challenge of preserving and managing our island environment. Over the past few years, Bohol’s economic landscape has greatly improved. Our micro, small and medium enterprises (MSMEs) generated over P1.6 billion in investments in 2011 alone. Our agriculture sector remains the biggest provider of rice and other products for Central Visayas, and a new era for Bohol’s tourism is arising, with the opening of high-end luxury hotels and resorts in the island of Panglao, coinciding with the increase in tourist arrivals. I assure you that the Province of Bohol is doing its eff orts to make it easier to do business here through our programs and projects. For instance, the Bohol Business One-Stop Shop (BOSS) houses the mandated and service agencies needed in business name registrati on, permit and licensing requirements. The Bohol Investment Code will soon be revised to feature an expanded list of priority investment areas, our investment policies, and the guidelines and mechanics on how entrepreneurs can avail of fi scal and non- fi scal incenti ves off ered by the Provincial Government of Bohol. We have recently expanded the Tagbilaran City Airport terminal building to accommodate the increase in passengers, and the New Bohol Airport under public-private partnership is now set to start constructi on in 2013. Bohol is one of the most peaceful provinces in the country today and we are trying our best in maintaining peace and security throughout the province and ensuring the availability and aff ordability of primary commoditi es to cope with the growing demands of business and its people. I hope that this fact book will be your useful and handy guide in making Bohol your desti nati on of choice. ATTY. EDGAR M. CHATTO GOVERNOR bohol factbook } } } 3 TABLE OF CONTENTS Vision Statement of the People of Bohol Message from the Governor I. Executi ve Brief ......................................................................... 6 A. Cost of Living ................................................................... 6 B. Demography .................................................................... 7 C. Priority Investment Areas ................................................ 8 D. New Bohol Airport (Panglao) Map .................................. 9 E. Bohol’s Water Sources .................................................... 10 F. Bohol Soil Classifi cati on and Distributi on ........................ 11 II. Economic Profi le ..................................................................... 12 A. Tourism ........................................................................... 12 B. Agriculture ...................................................................... 13 C. Educati on ......................................................................... 15 D. Infrastructure – Power Generati on Capability ................ 16 E. Connecti vity .................................................................... 16 F. Port Faciliti es ................................................................... 16 G. Road Network ................................................................. 18 H. Business Environment (The Bohol Business One-Stop Shop) 18 III. Economic Indicators ....................................................... 19 A. Land Transportati on .......................................................... 19 B. Trade and Industry ........................................................... 19 C. Revenue ........................................................................... 19 D. Peace and Security ........................................................... 19 E. Accessibility ....................................................................... 20 F. Visitor Traffi c ..................................................................... 21 G. Financial Systems .............................................................. 21 IV. Cost of Doing Business ............................................................. 22 A. Wage Rates ........................................................................ 22 B. Power Rates ....................................................................... 22 C. Water Rates ....................................................................... 22 D. Rental Rates ........................................................................ 23 E. Telecommunicati ons ........................................................... 23 F. Air Freight .......................................................................... 23 G. Shipping Freight ................................................................. 23 H. Social Security .................................................................... 24 I. Public Vehicle Fare Rates .................................................... 24 J. Airline Flight Schedules ...................................................... 25 V. Business Contacts ...................................................................... 26 A. Provincial Offi ces ................................................................ 26 B. Other Agencies and Offi ces ............................................... 27 Awards and Recogniti ons 4 } bohol factbook Boholeconomic factbook Compiled by OFFICE OF THE GOVERNOR BOHOL INVESTMENT PROMOTION CENTER 2012 Editi on bohol factbook } 5 EXECUTIVE BRIEF Locati on : Central Visayas 803 kms or 556 nauti cal miles south of Manila Capital City : Tagbilaran City Municipaliti es : 48 Barangays : 1,109 Land Area : 411,726 hectares (1,017,397 acres) Land Classifi cati on Certi fi ed alienable & disposable : 310,455 hectares (767,151 acres) Classifi ed forests : 101,271 hectares (240,246 acres) Populati on (2010) Province : 1,255,128 City : 96,792 Language/Dialects : English, Tagalog, Cebuano Literacy Rate : 97% Labor Force : 542,224 Employment Rate : 84.6% Agriculture : 42% Service : 36% Industry : 22% Climate : Generally Fair Average Temperature : 27°C Arable Area : 256,400 hectares (633,578 acres) Power Capacity : 109.7 MW Forecasted Demand : 65 MW Net Reserved : 44.7 MW COST OF LIVING Annual Average Family Income P 111,000 Annual Average Family Expenditure P 92,000 Annual Average Family Savings P 19,000 Source: Nati onal Stati sti cs Offi ce 2009 6 } bohol factbook DEMOGRAPHY POPULATION MUNICIPALITY POPULATION GROWTH RATE Bohol 1,255,128 1.41 Alburquerque 9,921 1.85 Alicia 22,285 0.89 Anda 16,909 1.13 Antequera 14,481 0.8 Baclayon 18,630 2.23 Balilihan 17,147 0.72 Batuan 12,431 0.42 Bilar 17,098 0.68 Bien Unido 25,796 1.53 Buenavista 27,031 1.11 Calape 30,146 1.02 Candijay 29,043 0.53 Carmen 43,579 1.16 Cati gbian 22,686 1.35 Clarin 20,296 1.19 Corella 7,699 1.13 Cortes 15,294 1.88 Dagohoy 18,868 1.83 Danao 17,952 1.76 Dauis 39,448 2.6 Dimiao 15,166 1.31 Duero 17,580 1.06 Garcia Hernandez 23,038 0.98 Getafe 27,788 1.38 Guindulman 31,789 0.97 Inabanga 43,291 0.73 Jagna 32,566 1.1 Lila 11,985 1.7 Loay 16,261 1.25 Loboc 16,312 0.87 Loon 42,800 1.1 Mabini 28,174 1.28 Maribojoc 20,491 1.5 Panglao 28,603 2.63 Pilar 26,887 1.51 Pres. Carlos P. Garcia 23,287 0.48 Sagbayan 20,091 1.35 San Isidro 9,125 0.76 San Miguel 23,574 1.71 Sevilla 10,443 0.65 Sierra Bullones 24,698 0.79 Sikatuna 6,380 0.72 Tagbilaran City 96,792 2.74 Talibon 61,373 1.93 Trinidad 28,828 1.86 Tubigon 44,902 1.35 Ubay 68,578 1.7 Valencia 27,586 1.4 Source: Nati onal Stati sti cs Offi ce 2010 bohol factbook } 7 PRIORITY INVESTMENT AREAS SUSTAINABLE TOURISM • Airport Development • Accommodati on Faciliti es • Conventi on / event / meeti ng centers • Eco-cultural and Agri-tourism faciliti es, including nature and theme parks and mountain resorts • Sports, training and recreati on faciliti es • Health and wellness faciliti es • Reti rement villages • Malls / Restaurants / Food outlets • Transportati on Services and Faciliti es • Other tourism-related services and faciliti es, including craft s centers SUSTAINABLE AGRICULTURE AND AGRI-BUSINESS • High-value crops producti on • Organic agriculture • Aquaculture • Post-harvest faciliti es • Food and Agri-processing • Manufacturing of agricultural implements • Tree farms • Woodcraft s including furniture and furnishings using indigenous materials SERVICES • Informati on and Communicati ons Technology • Media / Adverti sing • Financial / Engineering / Architectural service faciliti es • Human resource development; i.e., training faciliti es, educati onal insti tuti ons • Hospital and Medical/ Surgical/ Dental Services
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