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Economic Factbook Bohol

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ECONOMIC FACTBOOK BOHOL PRODUCED BY OFFICE OF THE GOVERNOR BOHOL INVESTMENT PROMOTION CENTER NEGOSYO CENTER – BOHOL 2015 Edition 1 BOHOL Services Business Advisory – services tailored according to client needs through one-on-one consultation, focus group discussion and coaching/mentoring; Business Registration Assistance – processing and documentation of papers necessary for the establishment of enterprises; Business Information and Advocacy – conduct of trainings, seminars and dialogues to increase productivity and effi ciency of micro, small and medium enterprises. 2 GOVERNOR’S MESSAGE It is with great pride and pleasure that I invite and welcome visitors, development partners and investors to our island province that off ers a wide array of investment opportunities and provides a safe haven for both business and leisure. The province has been known for its amazing tourist destinations and picturesque natural endowments, rich biodiversity and cultural heritage, and much more. With these in mind, our provincial government strives to entice and help business locators who, not only help strengthen our economy, but also respond to the challenge of preserving and managing our island environment. Over the past few years, Bohol’s economic landscape has greatly improved. We have seen greater participation from our micro, small and medium enterprises (MSMEs), generating an average of P1 billion in investments and providing jobs for more than 7, 000 people annually for the past fi ve (5) years. Our agriculture sector remains the biggest provider of rice and other products for Central Visayas; with the black tiger prawn as a premier export product, consistently meeting stringent export requirements. A new era for Bohol’s tourism is emerging, with the opening of high-end luxury hotels and resorts in the island of Panglao, enticing more visitors to bask in indulgence and relaxation. We are making it easier for you to locate and do business here in Bohol. Business name registration procedures, facilitation and information assistance are easier and faster with our one-stop service facility of the Bohol Investment Promotion Center (BIPC). We recently launched the Negosyo Center – Bohol at the BIPC to promote the development of MSMEs in the province. Meanwhile, the Bohol Investment Code that stipulates our investment policies provides BOHOL for both fi scal and non-fi scal incentives to entrepreneurs and locators in Services Bohol- one of the most peaceful provinces in the country today. I hope that this fact book will be your useful and handy guide to Bohol. ATTY. EDGAR M. CHATTO Governor 3 TABLE OF CONTENTS Message from the Governor I. Executive Brief . 6 A. Cost of Living . 6 B. Poverty Statistics . 8 C. Demography . 8 D. Bohol Soil Classifi cation and Distribution . 10 E. Bohol’s Water Sources . 10 II. Economic Profi le . 12 A. Tourism . 12 B. Agriculture . 14 C. Education . 15 D. Infrastructure . 16 Power Generation Capability . 16 Road Network . 17 Port Facilities . 17 New Bohol Airport (Panglao) Map . 18 III. Economic Indicators . 20 A. Land Transportation . 20 B. Trade and Industry . 20 C. Peace and Security . 21 D. Accessibility . 22 Airline Flight Schedules . 23 Visitor Traffi c . 23 Cargo Statistics . 23 E. Financial Systems . 24 IV. Enabling Environment and Cost of Doing Business . 25 A. Business- enabling Environment . 25 B. Incentives Availment under the Revised Bohol Investment Code . 26 C. Power Rates . 31 D. Water Rates . 31 E. Public Vehicle Fare Rates . 33 F. Wage Rates . 33 G. Space Rental Rates . 33 H. Air Freight . 33 I. Shipping Freight . 34 J. Telecommunications . 34 V. Business Contacts . 36 A. Provincial Offi ces . 36 B. Other Agencies and Offi ces . 37 Awards and Recognition . 42 4 Vision Statement OF THE PROVINCE OF BOHOL Bohol is a prime eco-cultural tourist 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. Compiled and produced by BOHOL INVESTMENTOFFICE OF THE PROMOTION GOVERNOR CENTER 2015 Edition 5 Location : Central Visayas Executive 803 kms. or 556 BRIEF nautical miles South of Manila City : 1 (Tagbilaran City) Municipalities : 47 Barangays : 1,109 Land Area : 411,726 hectares (1,017,397 acres) Land Classifi cation Certifi ed alienable and : 310,455 hectares disposable (767,151 acres) COST OF LIVING Classifi ed forests : 101,271 hectares (240,246 acres) Population (2010) Province : 1,255,128 City : 96,792 Average Household Size : 4.79 Density (per sq.km.) : 260 Annual Average Family Income Median Age : 23.7 P111,000 Language/Dialects : English, Tagalog, Cebuano Literacy Rate : 97% Labor Force : 542,224 Overseas Workers (2010) : 21,201 Employment Rate : 93.5% Annual Labor Force Participation : 62.2% Average Family Rate Expenditure Climate : Generally Fair P92,000 Average Temperature : 28°C (Day) 25°C (Night) Arable Area : 256,400 hectares (633,578 acres) Power Capacity : 59.24 MW Forecasted Demand : 60 – 73 MW Annual Average Net Dependable Capacity : 17.9 MW Family Savings P19,000 6 Bohol is an island located between latitude 9°30’ and 10°15’ North and Longitude 123°40’ and 124°30’ East. With a land area of 4117.3 square kilometers, Bohol is the tenth largest Manila • island of the Philippines, and lies in the middle of the Visayas. Bohol is surrounded by other islands on all sides, and is thus shielded from the typhoons Cebu that often occur in the region, as well as Bohol • • from the heaviest rains. www.bohol.ph GETAFE BIEN UNIDO TALIBON CARLOS GARCIA BUENAVISTA TRINIDAD INABANGA SAN MIGUEL UBAY DANAO CLARIN TUBIGON SAGBAYAN DAGOHOY MABINI CALAPE ALICIA CATIGBIAN CARMEN PILAR SAN ISIDRO CANDIJAY LOON ANTEQUERA BATUAN SIERRA BULLONES GUINDULMAN BALILIHAN ANDA MARIBOJOC BILAR CORTES DUERO SEVILLA CORELLA VALENCIA DIMIAO JAGNA TAGBILARAN CITY LOBOC BACLAYON GARCIA- DAUIS LILA HERNANDEZ ALBUR LOAY PANGLAO 7 7 POVERTY STATISTICS Source: Philippine Statistics Authority – Bohol, 2015 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 Bien Unido 25,796 1.53 Bilar 17,098 0.68 Buenavista 27,031 1.11 Calape 30,146 1.02 Candijay 29,043 0.53 Carmen 43,579 1.16 Catigbian 22,686 1.35 Clarin 20,296 1.19 8 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 Guindulman 31,789 0.97 Inabanga 43,291 0.73 Jagna 32,566 1.1 Jetafe 27,788 1.38 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: Philippine Statistics Authority – Bohol, 2010 9 SOIL CLASSIFICATION AND DISTRIBUTION SOIL TYPE AREA IN SQUARE METERS PERCENTAGE Annam Clay 15,294 1.88 Baluarte Clay Loam 18,868 1.83 Bantog Clay 17,952 1.76 Bataan Clay Loam 39,448 2.6 Batuan Clay 15,166 1.31 Batuan-Faraon Complex 17,580 1.06 Beach Sand 23,038 0.98 Bolinao Clay 31,789 0.97 Calape Clay Loam 43,291 0.73 Candijay Clay 32,566 1.1 Faraon Clay 27,788 1.38 Hydrosol 11,985 1.7 Inabanga Clay 16,261 1.25 Lugo Clay 16,312 0.87 Mandaue Clay 42,800 1.1 Mountain Soils Undifferentiated 28,174 1.28 Rough Stony Land 20,491 1.5 Sevilla Clay 28,603 2.63 Ubay Clay 26,887 1.51 Ubay Clay Loam 23,287 0.48 Ubay Sandy Loam 20,091 1.35 Unclassified 9,125 0.76 Source: Bohol Provincial Planning and Development Office (PPDO), 2014 BOHOL’S WATER SOURCES Bohol’s central and northern lowlands have fertile grounds and abundant water supply. Bohol’s water supply for domestic, agricultural and industrial uses can be tapped from 2,224 springs, 59 rivers and 200 creeks. Surface water from 22 river basins and watersheds are impounded and distributed as potable water, for irrigation, power generation and industrial use. 10 The 7 major river basins considered as potential sources of water supply: • Loboc River • Abatan River • Wahig-Inabanga River • Carood River • Manaba River • Alijawan River • Ipil River Source: Bohol Provincial Planning and Development Offi ce (PPDO), 2014 11 ECONOMIC PROFILE TOURISM AMENITIES ROOMS Page | Hotels - 8 Province-wide - 6,370 Resorts - 119 Panglao - 2,808 10 Pension / Dauis - 791 Lodging Houses - 154 Tagbilaran - 1,500 EconomicInns - 52 Anda - 211 Shopping Malls - 5 Others - 1,060 PROFILE TOURISM TOURIST ARRIVALSTOURIST INARRIVALS BOHOL IN(2004-2015) BOHOL (2004-2015) AMENITIES Hotels 665,663 700,000 8 567,174 Resorts 600,000 531,812 520,676 481,736119 500,000 418,030 461,181 455,155Pension/ 393,941 389,767 Lodging 400,000 356,370 Houses 154 300,000 249,729 Inns 52 200,000 Shopping 100,000 Malls 5 0 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 The Great Bohol Earthquake occurred on October 15, 2013.
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