PROJECT SUMMARY Project Name/Title Mt. Samat Flagship Tourism Enterprise Zone Project Proponent Tourism Infrastructure and Ente
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PROJECT SUMMARY Project Name/Title Mt. Samat Flagship Tourism Enterprise Zone Project Proponent Tourism Infrastructure and Enterprise Zone Authority (TIEZA) Sector/Industry Classification Tourism Zone Development of Project Location Brgy. Liyang, Pilar, Bataan Total Land Area 144 hectares Title Type National Park Special Classification Protected Area – Proclamation Nos. 25 and 432 Quality Classification Reservation for shrine purposes and classification as timberland, in effect, withdrew it from settlement, sale and any mode of disposition under the Commonwealth Act No.141 or the Property Registration Decree (PD 1529); Project Cost (Initial Land Development) Php1.1Billion Project ROI Php7.032 billion projected ROI from initial development Project Description The Locator Site serves as the counterpoint of the Mt. Samat Shrine of Valor, providing the sense of vitality of life for which the sacrifices of the battles have been fought. It does not only complement the Shrine focus, but is also designed to provide economic sustainability to the place by allowing mixed-use development, which includes agri-tourism, health and wellness, nature and eco-tourism, and sports and adventure tourism. Proposed Local Partner * Provincial Government of Bataan INVESTMENT PROFILE CABLE CAR COMPLEX Description Construction of cable car complex. The proposed cable car system shall be constructed to serve visitors to the Mt. Samat Shrine of Valor Tourism Enterprise Zone. It shall stretch a maximum of four kilometers that will take approximately 20 minutes for passengers to reach from the shrine site to the locator site. It shall afford passengers’ views of the surrounding mountains and plains of the western portion of Mt. Samat, with all the necessary stations and viewing decks. Tourists will be able to listen to a pre- recorded audio guided tour that will be installed in every cable car gondola. The design of the cable car terminal shall also include souvenir shops and an assortment of cafes and restaurants create gardens within its vicinity that can serve as playgrounds or staging areas for casual events and activities. A 500-car parking space shall be situated west of the cable car terminal and will be directly accessible from the terminal. Vehicular and pedestrian access shall be separated at grade level around the whole facility with walkways and bikeways that link the terminal with main access road and other districts. FFICE PHILIPPINE TRADE AND INVESTMENT CENTER – MIDDLE EAST AND AFRICA Unit 3712, 37th Floor, Churcill Executive Tower, +971 4 450 4252 +971 4 450 4232 Business Bay, Dubai, United Arab Emirates www.dti.gov.ph [email protected] Approximate cost $30,618,493.50 (Php-USD exchange rate as of August 11, 2020) UNDERGROUND MUSEUM Description One of the proposed improvements in the FTEZ is the renovation of existing Underground Museum. It has been one of the most visited areas in the heritage site as it features some of the World War II weapons, battle site pictures, memorabilia and artifacts. The redevelopment and redesign of the Underground Museum aims to present to tourists the role of Bataan and local heroes during the World War II. The redevelopment of the museum, including the exhibit content and displays, will help in revamping the tourism experience in the Shrine Site. The new galleries shall be developed under the conceptual approach of “Bataan World War II Museum: The Legacy of Bataan and Its Heroes” – with every exhibition telling the stories of the battles in the province in a diverse and compelling way. Approximate cost $2,142,593.25 (Php-USD exchange rate as of August 11, 2020) HOTEL WITH MICE FACILITIES (HOSPITALITY MOUND) Description Construction of 100-Room Hotel with MICE facilities (to increase up to 200 rooms in phase 2) The hotel is projected to be a business hotel that is affordable to be able to compete with other hotels in the region. It is envisioned to be a sprawling, low-rise 100-room development with business meetings and events facilities. Approximate cost $6,125,637.00 (Php-USD exchange rate as of August 11, 2020) TRANSPORTATION HUB (TERMINAL) Description Transportation Hubs a. Public utility vehicle terminals b. Waiting and assembly areas c. Cable car terminals d. Electrical vehicle charging stations e. Parking lots Approximate cost $408,246.58 (Php-USD exchange rate as of August 11, 2020) COMMERCIAL ZONE Commercial spaces are planned to be mixed-use, pedestrian- oriented destinations to serve the local community and tourists. The area shall be more urban in character, with more intense infill development, and is planned to radiate from a main street or park with high quality landscape and urban design elements that enhance view corridors. It also has a focus on access for active transport that shall make the space pedestrian-friendly. A total area of 24 hectares Approximate cost $2,041,165.00 (Php-USD exchange rate as of August 11, 2020) AGRO-RESIDENTIAL ZONE Description Residential – Agricultural spaces embody the farming neighbourhood as they are designed as hobby farms or agricultural estates. These areas shall be situated on mildly rolling terrain. Residential – Agricultural areas can also include single- family housing, clustered housing with common open spaces, and other planned developments such as a clubhouse, farm-to-table restaurants, and wellness centers. The intent of the Residential-Agricultural designation is to preserve the character of existing hillside neighbourhoods and the agricultural nature of Pilar. A total area of 37 hectares Approximate cost $3,359,577.47 (Php-USD exchange rate as of August 11, 2020) FFIC LEISURE AND RECREATIONAL ZONE Description The development will include serviced apartments, business meetings and event centers, resort and boutique hotels, retails and entertainment centers, and public open spaces and gardens. A total of 45 hectares Approximate cost $2,043,222.00 (Php-USD exchange rate as of August 11, 2020) PARK ZONE Description The development of Central Linear Park, River front, and Sports and Recreation Ares. Recreational spaces are projected to have a mixture of tourism facilities that allow a range of uses, which shall include serviced apartments, exhibition and convention centers, resort hotels, dining, entertainment, and other recreational open space A total area of 16 hectares Approximate cost $1,430,487.10 (Php-USD exchange rate as of August 11, 2020) FOREST RESERVE ZONE (WOODLAND SPACES) Description The focus in these areas shall be on the preservation of natural open spaces, restoration, and enhancement of native habitat. However, passive and recreational activities that require minimal intrusion to the natural environment can be considered, including jogging paths, bike trails, horseback riding trails, and other outdoor activity amenities. A total of 16 hectares Approximate cost $3,674,053.80 (Php-USD exchange rate as of August 11, 2020) DEMOGRAPHIC PROFILE OF PROVINCE Province Bataan Total Area 137,296 has or 1,373 sq.kms. Total Population 760,650 Population Density 587 person/ sq.km. Labor Force (skilled & 299,959 unskilled) No. of College graduate (with Female Academic Degree Holder – 2,968 breakdown on specialization) Male Academic Degree Holder – 6,648 Municipalities 11 Municipalities, 1 City Districts 2 Districts Income Classification 1st Province Income Class Airport/s Nearby / Clark International Airport via SCTEX – 1 hour Accessibility to Airport/s Manila International Airport (Ferry Terminal at MOA) – 1 hour (Nearest Airport) Subic Bay International Airport – 1h 15min via N Luzon W Expy and BataanProvincial Hwy/ Roman Superhighway Seaport/s / Accessibility to - Subic Port via Morong Gate and SCTEX – 1 hour Seaport/s - Freeport Area of Bataan via Roman Highway – 1 hour - (Nearest Seaport) 1Bataan Integrated Transport System Inc. – 32min via Bataan Provincial Hwy/ Roman Superhighway and Mt. Samat Rd Tourism Arrivals 401, 326 (2019 Data) Target Tourism Market Foreign and Local Tourists (Leisure, Historical, Adventure, Eco- Tourism) Arable Land Area 72,000 has Major Crop/Livestock Major Livestock - Chicken Export Market Manufacturing Products (Fashion and Design, Electronics) GENERAL COST OF DOING BUSINESS IN THE PROVICE Labor Rates Skilled Labor – Php 357.00/day Technical Labor – Php 357.00/day FFIC Management Labor – Php 223.59/day Average Median Income – Php 350/ day Land Lease Rates Depends on the Land Development Plan Utility Rates (water, power, Utilities-Water etc.) Installation and Tapping: Php2,210.00 Residential (0-10 cu m) min Php 115.00 Commercial (0-10 cu m) min Php 285.00 Utilities-Electricity Residential 8+5 Fixed Charge Commercial – Low Voltage 8.1583kwh + 114.65 fixed charge Commercial – Higher Voltage 6.6523kwh + 655.52 fixed charge Utilities-Telephone Residential – Monthly Php1,000.00-2,000.00 Commercial – Monthly PHP1,000.00-50,000.00 Logistics / Freight cost (if Not Applicable applicable) TIMELINES Expected Start Date 2021 Expected Completion Date 2035 *In case the need arises as prescribed in the Foreign Investment Act. Enclosures: Location Map and Project Proposal with financial projections FFIC .