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Metro Cebu Building Better Vismin

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Metro Cebu Building Better Vismin Key business highlights Contact us www.pwc.com/ph/vismin 450 1,155 Alex B. Cabrera No. of banks No. of primary and +63 (2) 845 2728 Ext. 2002 (provincial)a secondary schools [email protected] 36 No. of ecozonesk Aldie P. Garcia Metro Cebu 28 IT Parks and Center Ops 3 Tourism economic +63 (2) 845 2728 Ext. 3078/3118 [email protected] 4 Manufacturing 1 Agro-industrial Building Better Brando C. Cabalsi 1.8m Provincial tourist arrivalsi +63 (2) 845 2728 Ext. 3060 VisMin 62% Local tourists [email protected] 38% Foreign tourists Rose Dale M. Ando +63 (32) 233 5020 8,220 2,419 [email protected] No. of hotel roomsj No. of resort roomsj 29% First class to De luxe 38% A to AAA classification Karen Patricia A. Rogacion +63 (2) 845 2728 Ext. 3089 [email protected] Tourist destinations • Sinulog Festival • Basilica del Santo Nino Shalla Anne Deymos-Quiling • Magellan’s Cross • Cabu Taoist Temple (Mactan) +63 (2) 845 2728 Ext. 2061 • Cebu Metropolitan Cathedral • Fort San Pedro [email protected] • Jumalon Museum • Temple of Leah Eloisa Fe J. Lusotan • Cathedral Museum of Cebu • Casa Gorordo Museum +63 (2) 845 2728 Ext. 3021 • Museo Sugbo • Mactan beach [email protected] * Data pertains to provincial – entire Cebu Island Luzon Sources a 2015 Philippine Statistics Authority b Department of Trade and Industry c 2016 NWPC d Two-year CAGR Visayas e COA f PPPC g Department of Education, Cebu © 2017 Isla Lipana & Co. All rights reserved. h PEZA i 2015 Department of Tourism Isla Lipana & Co. helps organisations and individuals create the value j Cebu Investment Promotions they’re looking for. We’re a member of the PwC network of firms in Center Mindanao 157 countries with more than 223,000 people who are committed to k Metro Cebu Development and delivering quality in assurance, tax and advisory services. Tell us what Coordinating Board Isla Lipana & Co. matters to you and find out more by visiting us at www.pwc.com/ph. Metro Cebu Best ticket projects Investment opportunities identified by the City Government of Cebu Carcar, Cebu, Compostela, Consolacion, Cordova, Biggest urban 2nd economyb Danao, Lapu-Lapu, Liloan, Mandaue, Minglanilla, Infrastructure Naga, San Fernando and Talisay PHP27.9bn US$328m Cebu-Cordova Cebu International Danao City 1,063 km2 bridge project and Bulk Terminal Land area Transportation Healthcare provider PHP1.5bn Compostela PHP353/day PHP10.6bn Cebu City Medical 355 mi Provincial Bus Rapid Transit Distance from Manila minimum wagec (BRT) Center 2,849,213 Liloan Total populationa Incentives to qualified investors 8.4%* 93.5% GRDP Urban populationa Consolacion PHP866.9bn* growth GRDPa ratea,d PEZA Cebu City Exemption from taxes Other special privileges 91.5%* Mandaue a In lieu, a payment of 5% tax of • Ownership of equity Provincial literacy rate City total Gross Income • Employment of aliens Value added tax zero rating • Simplified import & export PHP143.5k* procedures 94.3%* GRDP per capitaa Provincial employment Lapu-Lapu ratea City Omnibus Investment Code of 1987 Minglanila Income Tax Holidays Raw materials incentives - Talisay (4-6 yrs.) tax credit scheme National/main roads City Cordova Naga City Minimum duty on imported • Access to customs bonded Ports capital equipment/spare warehouse parts (3% + 10% VAT) • Exemption from PPA charges PEZA • Other non-fiscal incentives Airport PHP8.24bn PHP6.49bn e a San Fernando 80% Annual income Expenditures Philippine Trade and investment inter-island PHP209k* PHP164k* shipping Ave. regional annual Ave. regional annual b a a capacity family income family expenditures Infra development Major economic Carcar City pipeline driversb • 1 PPP Project in the pipelineg • IT & IT-enabled services • Tourism • PHP17.5bn Cebu International • Manufacturing export Airport Development 30.83% (PEZA) complete (as of September 2016) MICE (Meetings, METRO CEBU Incentives, Priority investment areask IT/BPO Manufacturing Multi-modal integrated Gateway functions Knowledge process Eco-tech Research & Conventions, Economic zones mass public transport (airports/ports) outsourcing products development hub Expos).
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