iloilo city investment guide

M E S S A G EIloilo City today has metamorphosed into one of the most important business and investment centers not only in Western Visayas but the entire Philippine archipelago.

In fact, despite the dreary economic outlook for most parts of the country, Iloilo City remains a great magnet for investments because of its strategic geographical location, the surfeit of highly-skilled labor, modern conveniences and facilities, and ideal peace and order climate. Furthermore, the Iloilo City Government provides adequate incentives to assist businesses during the various phases of their ventures.

The publication of this guide will present a definitive perspective of all the business and trade opportunities available in Iloilo City. It includes essential information on starting a business, and inducements to inspire prospective investors to set up shop here. This will not only serve as an indispensable guide for investors, but also as an indicator of our people’s accomplishments in pushing Iloilo City forward to socio-economic stability despite the current uncertainties of a world in constant flux.

It is likewise important to mention that this publication is the result of a consequential partnership between the Iloilo City Government and the private sector. We left no stone unturned in translating the energy and industry of our metropolis into a language any investor will easily understand.

This guide also gives an assessment of the city’s capacity to provide a nurturing and dynamic environment for its local enterprises and industries; as well as its ability to efficiently use its resources in the context of sustainable development and in raising the standard of living of our residents.

I am confident this publication will prove an accurate index valuable to those who wish to make Iloilo City their home or their base for business operations or both.

JED PATRICK E. MABILOG City Mayor

Welcome to Iloilo City

Photo from: Mark Vic Rejaba

CONTENTSMessage from the Mayor◊ City Profile (Fast Facts)◊ Infrastructures and ◊ FacilitiesTransportation and ◊ Communication FacilitiesPriority Investment Areas◊ Investment Opportunities◊ Business Environment◊ Business Permit Processing ◊ and IncentivesCost of Doing Business◊

Photos from iloiloguide.com

Photos from Mark Vic Rejaba

The word “Iloilo City” came from the shape of the city, cut by the river which looks like the shape of a nose, “Irong-Irong”, nose-like, later became Iloilo. Other accounts point the origin of the name to a fish.

Monicker: “Most Loyal and Noble City” or “La Muy Leal Y Noble Ciudad de Iloilo” in Spanish. This is an inscription in the Coat of Arms from the Royal Decree of 1896 in recognition of the people’s loyalty to the Spanish crown.

A replica of the Spanish Crown of the Queen Regent of Spain is a symbol and testimony of a long historic relationship between Iloilo City and Spain, can be found at Arevalo District

From Manila: - 55 minutes by plane - 18 hours by shipFrom Cebu: - 25 minutes by plane - 12 hours by shipFrom Bacolod: 50 minutes by fast ferry at least 10 ferry schedules ply the route of Iloilo City and Bacolod City everydayTo Boracay from Iloilo City: Shuttle Van Service - average of 3hrs travel Bus - Average of 4-5hrs travel Availability of Transport Services: Daily from 3AM - 3PM

Zip code/Postal code: 5000Area Code: 33Land Area: 78.32 square kilometers (as of 2008 survey)Population: 418,710 (latest NSO published census results in 2007); 442,511 - 2010 NSO census projectionPopulation Density: 5,911 persons per square kilometerPopulation Growth: 2.0%Coastline Area: 21.3 kilometers

Riverfront: 113 kilometers

Number of Barangays: 180

Literacy Rate: 92.8 %

Lingua franca: Filipino, Hiligaynon, Kinaray-a, English

Economic activity:Service sector : 82%Industry : 14%Agriculture : 4%

F A S T F A C T S :

G E T T I N G T H E R E

Photos from iloiloguide.com

Replica of the Spanish Crown ofQueen Regent Ysabel II

Panoramic view of Plaza Libertad

The City’s natural harbor is protected by neighboring Guimaras Island just three kilometers across a deep sea channel.

Iloilo City is a tourist hotspot and a gateway to major tourist destinations in the Central Philippines.

It is your door to the world famous white-sand island resort of Boracay in northern Aklan province just a five-hour bus ride away.

An alternative is a 15-minute boat ride to emerging tourist haven Guimaras Island which boasts of white-sand beaches and sweetest mangoes in the world.

TopographyLand features is flat and low level • mass.90% of land mass has an elevation of • 2.637 meters above the main level water.10% of land mass has an elevation of • 5.19 meters.

Political Subdivision:The City of Iloilo is composed of six (6) Districts comprising a total of one hundred eighty (180) barangays, with the following data distribution:

District Number of Barangay

Arevalo 13City Proper 45

Jaro 42La Paz 37

Mandurriao 18Molo 25Total 180

Climate:Iloilo City’s climate is moonsonal and has two (2) pronounced seasons namely: the dry and wet seasons.

Peace and Security:Law enforcement and police functions are constantly enhanced by way of logistical support from the local government unit and incorporation of relevant training that addresses efficiency and effectivity of the entire police force in disposing their functions.Crime Volume significantly decreased as shown below in the comparative data:

2010 2011Jan Feb Mar Jan Feb Mar596 674 565 88 164 94

Crime Volume Drop: January 2011 = 85% February 2011 = 75% March 2011 = 83%Significant drop in the crime volume is a highly notable development in the peace and order situation.

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Samba de RegattaPhoto from James Diamansil

Jaro Church

Molo Church

Jaro Bellfry

Fireworks Display during the New Year’s CountdownPhoto from: Tara Yap

Paraw Regatta Festival

Sunset View at Treñas BoulevardPhoto from Mark Vic Rejaba

Notable Festivals:Dinagyang – 3rd or 4th week of JanuaryParaw Regatta – 3rd week of FebruaryChinese New Year – Late January to early FebruaryCandelaria de Jaro - Feb. 2Arevalo Fiesta - 3rd Sunday of JanuaryBaroto RaceFood FestivalsCharter Day Celebration - Aug. 25Festival of Lights - DecemberNew Year’s Eve Countdown

Attractions:Museo Iloilo - Antique CollectionCalle Real now named JM BasaCockfightingBamboo Crafts and Arts Ancient Churches: - Jaro Cathedral - Molo Church

Native Delicacies: - Pinasugbo - Barquillos - Biscocho - La Paz Batchoy - Pancit Molo

Panoramic Views - Fort San Pedro - Efrain Treñas Boulevard

G E T T I N G T H E R E

Iloilo City within your reach

Iloilo City is a bustling economy strategically situated at the center of the Philiipines – accessible to other regions and outside the country by air, land and sea transport.

10 daily flights to and from Manila• 5 daily flights to and from Cebu• 3 daily flights to and from Davao• 11 times weekly boat trip to and from Manila• 11 times weekly boat trio to and from Cebu daily• Once weekly boat trip to and from Zamboanga• 3 times weekly boat trip to and from Cagayan de Oro• Once weekly boat trip to and from Palawan• 147 weekly fast-craft ride to and from Bacolod City• 17-hour travel to and from Manila and 8 hours to and from Cebu via roll-on-• roll-off (RoRo) facility for bus-vessel using the country’s nautical highway service connecting various islands.

02An architectural design depicting the facade ofthe new Iloilo City Hall building

PECO is one of the oldest private electricity distribution utilities in the Philippines. It has been operating since 1923. It currently consumes about 52% of the whole power demanded in the whole Panay Island grid. Today, it remains to be the only private electricity distributor in the whole island of Panay, with its operation mainly focused in Iloilo City.

Supplementing the power supply is the 164MW coal-fired power plant in Ingore, La Paz, Iloilo City. This provides investors with steady dependable and cheaper electricity for business.

Rate / Charge Commercial Industrial

Average Rate per KwHr P8.7871 P8.5255Distribution Charge(A) Generation Charge 6.6584 6.6584(B) Transmission Charge 0.2132 0.2132(C) Distribution Charge 0.7388 0.2485(C) Demand Charge 98.5750(C) Supply Charge per customer

34.8016 34.8016

(D) Metering Charge per customer

385.6537 915.3810

(D) Inter-class cross-subsidy 0.1020 0.193(D) Local Franchise Tax(D) System Loss Charge 0.8060 0.8060(D) Lifeline Rate Subsidy 0.1086 0.1086Value Added Tax (VAT)Generation 10.47% of (A) 10.47% of (A)Transmission 0.19% of (B) 0.19% of (B)Other Charges 12% of (C+D) 12% of (C+D)Missionary 0.0373 0.0373Environmental 0.0025 0.0025

I n F R A S T R U C T U R E S

a n d F A C I L I T I E S

Power

Water

Current demand ofPower Supply inIloilo City - 75 MW

Current growth/demandincrease annually - 4.5%-5.0%

NET POWER SUPPLY CAPACITY -80 MWOperational Plant ascontracted by PECO2 Diesel - PPC1 - 55 MW - PPC2 - 10 MWClean Coal - PEDC1 -72 MWPower Plant - PEDC2 -72 MW

Coal-fired Power PlantPhotos from Tara Yap

Diesel Power Plant

Power Barge

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Latest Data Source: January 2011Iloilo Federation of Information Technology (IFIT)

Flood Control Measures Established

WaterMetro Iloilo Water District is one waterworks that has undergone several evoluti ons since its birth in 1926 unti l the 1970s. Thesystem was managed and controlled by diff erent administrati on, namely the Iloilo Metropolitan Waterworks (IMWW), the Nati onalWaterworks and Sewerage Authority (NAWASA), and the Metropolitan Waterworks and Sewerage System (MWSS) unti l it was placedunder the control of Metro Iloilo Water District.

Twenty eight years aft er it achieved a Full Time Equivalent, MIWD is challenged by the people of Iloilo City to meet the conti nuouslyincreasing demand for effi cient and sustainable water supply. The City Government right now is strongly pushing the MIWD leadership to come up with an immediate mechanism that would ensure the additi onal 30,000 cubic meters daily water supply augmentati on on top of its current daily supply capacity of 40,000 cubic meters. Amidst the odds, MIWD must strive to conti nue improving the systemso that it may be able to respond to the fast urban development of Iloilo City and the improvement of the enti re Iloilo province as well.


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The Iloilo Flood Control Project mitigates flood damage and inundation such that it creates a more sustainable urban community by providing a safer and a more pleasant living condition for people in the urban area of Iloilo City and its vicinity. This created a more dynamic regional economy by providing a flood-free urban center.

The 4.75 kilometer Jaro Floodway, one of the project’s major components, is already operational and is expected to provide relief from flooding. Other components include the improvement of the Aganan River in Pavia town and Tigum River in Cabatuan.

The flood control project channels floodwaters from the Aganan and Tigum Rivers to the Iloilo Strait to address the flooding problem in Iloilo City and nearby towns.

The flood control project likewise includes the improvement of the Jaro River mouth, Iloilo river, Upper Ingore Creek and the construction of the Carpenter, Pagsanga-an, Anilao, Balabago, Buhang, and Bito-on Bridges.

It also includes the improvement of the Jaro River, construction of La Paz floodway, improvement of Dungon, Barangay Obrero-Mansaya and Rizal creeks.

The project is funded by a loan agreement between the Government of the Philippines and Government of Japan thru Japan Bank for International Cooperation. (DPWH)

A fastcraft servicing Iloilo-Bacolodroute

Roll-on roll-o servicing Iloilo-Guimaras route

Central bound jeepneys in Ungka Terminal

T R A N S P O R T A T I O N

a n d C O M M U N I C A T I O N

F A C I L I T I E S

Annual International Port Cargo Capacityas of January 2011 Report

Incoming - 64,845.78 metric tons Outbound - 7,161.5 metric tons Container Boxes Domestic - 4,288 incoming - 2,391 outbound Foreign Cargo Import - 41,891 container vans

Transport Data

1,700 - Registered Taxi Units• 80% of taxi units are on a 24-hour service• 8,200 Public Utility Jeepneys (City Loops)• Several hundreds of motorbike services within • villages around the City Districts

Iloilo City as an economic growth center continually develops its transportation and communication infrastructures as vital foundation for sustaining growth and development. Currently, mass public transport system includes more than 8,000 public utility jeepneys (PUJ) which serve the entire six districts of the city including the main business district area. The PUJs ply the city starting at 4:00 in the morning up to an average of 11:00 in the evening. Meanwhile, the more than 1,700 duly registered taxi units have at least 80% of their entire fleet rendering 24-hour transport services.

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Available communication services: telephone services (domestic and international direct dial), facsimile, mobile communications, internet, telegraph and telex stations, post offices and other courier services. MobileGlobe TelecomJM Basa St., Iloilo CityTelephone No. 5099250Telefax No. 5094000

SMART CommunicationLGF-SM City IloiloDiversion Road, Mandurriao Iloilo CityTelephone No.: 3206945; 3207136 Sun CellularRobinson Place IloiloLedesma St., Iloilo CityTelephone No.: 3371213

Landline and Internet ProvidersBayan TelecommunicationsRobinsons Place IloiloLedesma St., Iloilo CityTelephone No.: 3000001 Globe Telecom JM Basa St., Iloilo CityTelephone No. 5099250Telefax No. 5094000 Philippine Long Distance Telephone Co.Luna St., Lapaz, Iloilo CityTelephone No.: 3205855; 3201212

Telecommunication Companies

There are five major telecommunications companies (Telcos.)namely: PLDT, Smart, Globe, Bayantel and Sun. These Telcos provide landline as well as mobile and cellular-type communication facilities to all government offices, hotels, apartelles and business establishments. The entire city area has been included within the cyber loop of internet accessibility with open interconnectability depending on the telcos’ available services.

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Iznart Street in downtown Iloilo

Trade and Industry

Last year from January 2010, there were 8,851 duly approved business establishments issued with • corresponding business permits by the City Government, while in the first quarter alone of 2011 there were already 7,074 approved business establishments with due issuance of business permits.The City has 54 universal, 12 commercial, 10 thrift, 2 rural, 11 savings and 2 development banks or a total • of 91 banks which includes branches/extension offices in the different districts.Private building constructions totaled 798 in 2009 with a total construction cost of Php • 1,985,972,511.83 Business registered at dept. of trade & Industry (DTI) totaled 2,729 with the total investment of Php • 745,238,728.16 for the year 2009.Labor Force Participation Rate (LFPR) is 65.3% (Reg. 6, July, 2009).• 79.5% of the Labor Force are employed where 20.5% constitute unemployment rate; while visible • underemployed rate is 11.9%. of the employed person by type of industry from primary occupation 82% belongs to service sector, 14% belongs to industry sector and only 4% are in agriculture (Iloilo City: April, 2003 FIES, NSO).Average Annual Family Income (at current prices) is P283,604 or a percentage increase of 32.3 between • 1994 to 1997 while Average Annual Family Expenditures is P226,877 or a 25.6% increase (Iloilo City:FIES 2000, NSO).Average per Capita Income is P65,036 and Average Per Capita Expenditures is P 51,557 (Iloilo City: FIES • 2000, NSO).Average Inflation Rate is 3.7, the Average Purchasing Power of the Peso is 0.57 and the Average Consumer • Price Index (CPI) is 174.1 in 2009. (Source: Iloilo City Price Indicators section, NSO).Volume of Fish Unloaded and Auctioned at Iloilo Fishing Port Complex is 24,427,340 kgs.•

Attractive Investment PropositionsAn international-standard airport in Iloilo with excellent connectivity to Manila, Cebu and Davao• Reliable and quality power supply (standby capacity 164 MW), Flood Control Project to be completed also in • 2010; Bulk water supply of additional 30,000 Cu. Meters everyday to be accomplihsed later half of 2011.Highly educated and young population, Iloilo City being the educational center for Western Visayas;• A good mix of cultural and natural attractions, excellent cuisine, hospitable and friendly people;• Alliance amongst 5 LGUs in Iloilo Province, Iloilo City and the province of Guimaras to address common • problems and concerns, institutionalized in EO556 signed by President Arroyo in August 2006; establishing the Metro-Iloilo Guimaras Economic Development Council as policy and coordinating council for economic ang other investment ventures.Presence of many large international and domestic corporations (Teletech, SM, Ayala, PLDT, etc.)• Significant OFWs (Top 5 in the country) regularly remitting dollars to their relatives in Iloilo• An active and concerned private sector that has formed a partnership with the City and Provincial Governments • of Iloilo to ensure good governance, delivery of service and infrastructure, and investments;

Development-oriented, business-friendly local governments which • understand the strategic role of business in improving the quality of life of the community.

Iloilo City is already home to 10 IT companies and hosts 5,000 call • center seats;Competitive cost of doing business and investment incentives• The old Iloilo airport will be redeveloped by Megaworld into a • mixed-use development;Ayala Land will develop a BPO Center In Iloilo City adding to the 6 • Companies already in place.Iloilo City’s Redevelopment Plans covering Calle Real, Central Market • and Ferry Terminals, among othersRest and recreation facilities (beach resorts, tennis and other sports • facilities abound)Golf Course• which is located in Sta. Barbara Town, a 20-minute distance from the city is reputed as the oldest golf course in the country with full facility accreditation.Good track record in peace and order performance• Proposed Iloilo Special Ecozone and Freeport.•

P R I O R I T Y

I N V E S T M E N T

A R E A S

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Philippine Foremost Milling Corporation

Activity Center of Marymart Mall

Iznart Street in downtown Iloilo

Iloilo Sports Complex

I N V E S T M E N T

O P P O R T U N I T I E SManufacturing and Processing 1. enterpriseExport-Oriented Industries2. Tourism-Oriented Industries3. Utility companies engaged 4. in power generation and distribution of water, transportation support facilities and those of similar in nature.Information and 5. Communication Technology EnterpriseAgro-fishery 6. Social Services7.

> Health care Services > Education Institution > Low-cost Housing > Sports and Recreation

Commercial and Industrial 8. BuildingSolid Waste Disposal System9.

POSITIVE INVESTMENT CLIMATE WITHDYNAMIC SUPPORT SERVICES

ENVIRONMENTAL PROGRAMS/SERVICES OF THE CITY GOVERNMENT

Maintains the general cleanliness and • sanitation of the city public parks, plazas, cemeteries, markets and slaughter house and prepares plans and implements activities and projects to ensure the maintenance and upkeep of these facilities/areas.Prepares plans for the rehabilitation, • protection and development of the land, air and water environments and responds to pollution and nuisance complaints.Implements anti-smoke belching • program and other devolved environmental management functions embodied in DAO No. 30 S-1991.Reviews initial environment examination • (IEE) documents for an environmental clearance to a proposed project.Coordinates with DENR in monitoring • compliance of industries of the condition set forth on their environment compliance certificate (ECC) through a multi-partite monitoring team under DAO No. 96-37.Conducts hand washing campaign in 23 • day care center in 15 coastal barangays, participated by 874 parents and 1,321 kids and 3 elementary schools with 528 students and 140 parents.Conducts orientation and workshop to • evaluate and redesign the IEC materials for programs on “Next Generation Sanitation Awareness and Public Awareness”

TOURISM-ORIENTED INDUSTRIES • Theme parks • Domestic tourism facilities / amenities • Souvenir ships/arts and craftsUTILITY COMPANIESEngaged in power generation and distribution of water, transportation support facilities and those similar in natureINFORMATION AND COMMUNICATION TECHNOLOGY ENTERPRISES • IT and IT enabled services; internet shopsAGRO-FISHERY

Agri-based food processing, e.g. virgin • coconut oil, fruits and vegetable processingMarine and aqua food processing•

SOCIAL SERVICES • Health Care Services • Educational Institution • Low-cost Housing • Sports and Recreation COMMERCIAL BUILDINGS • Convention Center • IT Parks and buildings • Housing subdivision projects • applied to Section 8 (letters a-g) only

as embodied in Section 8 of Regulation Ordinance No. 2006-114

OTHER OPPORTUNITIESTRADE AND SERVICES

International logistics and forwarding • servicesRetail and wholesale trading• Restaurants and eateries• Hotel and Construction• Cargo handling•

Source: DTI, Regional Office, IC

MANUFACTURING AND PROCESSING ENTERPRISES • Delicacies • Furniture • Gifts, Toys and Housewares • Garments

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Megaworld

Urban property developer Megaworld Corporation has acquired the 54-hectare old airport lot in Mandurriao for P1.2B. Megaworld has also announced plans to invest P1.5B to develop it into a Business Process Outsourcing (BPO) hub, the first ever in Western Visayas.The proposed 54.5 hectare Iloilo Business Park by Megaword will adopt a concept of “live-work-play-learn community.” It will have BPO offices, residential condominiums, a hotel, convention center, commercial and retail center, skills training center and recreational facilities. The investment by Megaworld in Iloilo is the first investment made by the corporation outside Manila.MEGAWORLD Iloilo shows some ongoing wide clearing and landscaping activities along the area where BPO offices, residential condominiums, a hotel, convention center, commercial and retail center, skills training center and recreational facilities that will emerge one by one as soon as the coal-fired power plant becomes fully operational by this year, 2011, since Megaworld needs at least 20MW of power for initial development of Iloilo Business Park.The asphalt runway of the old Iloilo Airport will be turned into an 8-lane highway and will be the main artery of the Iloilo Business Park. Along this road will be mostly low-rise to mid-rise buildings (up to 12 floors) for commercial spaces including BPO offices. At the center of the property is a large space for a 5,000-seater convention center and a hotel. At the southern end is reserved for a hyper mart and a theme park, both of which will be developed after the other components.

Plazuela de Iloilo Local business tycoons in Iloilo are really competing a lot with the national players in the infrastructure developments of the city. The establishment is a Spanish-Italian styled building called Plazuela de Iloilo designed by the most notable Palafox and Associates who are also tasked to do the Iloilo City urban planning. This will host retail stores, coffee shops and restaurants in the ground floor and BPO locators in the second floor. The project is located along Diversion Road at the old Nes ‘n Tats Restaurant beside SM City Iloilo that will really compliment and boost the shopping and dining potential of the area. The construction project details and features are as follows:

Lot area: 12,533 sq. m.• Elevated at 2.05M from the hi-way as it was envisioned to be “flood free”• 36 leasable spaces• 8,600 sq. m. gross leasable area (commercial)• The complex is composed of 3 buildings, administration office and concert stage• Parking space for over 100 cars• The new mall has now started to opeerate and lease of its area are still on-going.•

P O S S I B L E

B P O

L O C A T I O N S I T E S


Main Entrance of Plazuela de Iloilo

Alfresco area of Plazuela de Iloilo

Aerial View of Megaworld’s future IloiloBusiness Park

Source: Iloilo Federation of Information Technology

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TTW Corporate Center

The building known as “Cine Eagle” in the past is currently undergoing renovation and will be transformed into a modern building with the proposed name – “TTW Corporate Center.” The renovation will involve covering the building in aluminum cladding and applying glass panel windows. The first floor will be occupied by food shops and the upper floors by commercial offices.

Other buildings:Payless Plaza Building, Quezon St., Iloilo City • (approximately. 2,000 sq.m.)Robinsons Mall, Ledesma St., Iloilo City• Far Eastern Hardware-Molo, Iloilo City (1,080 sq.m.)• Far Eastern Hardware, Quezon St., Iloilo City (2,500 • sq.m.)ATM Building, Ledesma St., Iloilo City (at least 500 sq. m)• Gaisano City, Luna St., Lapaz, Iloilo City• Rizal St., Lapaz, Iloilo city (2,000 sq.m.)•

Ayala Iloilo Techno hub The Ayala Iloilo Techno hub is a two-hectare property along Diversion Road, Mandurriao, Iloilo City. This techno hub will be highly secured, highly accessible to public transportation and registered with PEZA. It is located near existing retail establishments and nearby hotels. It planned for three sets of three-storey BPO buildings with at least 7, 500 sq.m. with an approximately 2,500 sq.m. floor plate/building.

The Ayala Techno hub will have the following Utilities & Amenities:

Floor plate of approx 2,500 sqms• Minimum floor to ceiling height of 2.7 meters of typical office floors• Able to accommodate a density of 6.5 sqms per person• All utilities and building services designed for 24 hour operation• 200% back up genset power• Structured cabling backbone for multiple data and telecom service providers• Toilet provisions designed for a ratio of 60% female and 40% male• Centralized chilled-water air conditioning system with maximum operational • flexibility – AHU to be provided by the Tenant24 hour potable water supply• Integrated fire alarm and sprinkler system• Surface Parking• Glass: Concrete ratio = 20:80• Surface Parking – 107 slots•



Entrance of Robinsons’ Place Iloilo

Panoramic view of Ayala Techno Hub along Iloilo River

Details:5-storey building• Ground floor area - 1,246.72sq.m.• Supermarket space (fast foods/restaurants)• 2nd to 4th floor area: approx. 3,839sq.m.• BPO Locators/Commercial space• 5th floor – Proposed Recreation area/Dormitory• Parking Lot area - 121.99sq.m.• Target Date of Completion – November 2010•

Present Parola Ferry Terminal

T h e P A R O L A F E R R Y S T A T I O N P R O J E C T

The Development Options

Two design options for the site were prepared for the project considering the cited project objectives and limitations. Both options contain the first class amenities for ticketing, lounging, dining, shopping and toilets. Outdoors also possess the parking, flea market facility, the Eco-park and the provided relocation and reserved areas for the Coast Guard and DENR. What distinguishes the two options is essentially the treatment and configuration of their docks. The options are described on the succeeding pages.

Site Capacity

This station which is expected to service all commuters between Iloilo City and Guimaras will contain the most number of ferry traffic among the stations in Iloilo City. The station is collectively more than a hectare in size and can readily accommodate the amenities required for a first class terminal. Among the amenities would be the Eco-park (to replace the Rotary Park) that would ‘green’ the area and provide an area for expansion of the Station if it should ever need to expand. Although the Parola Port compound is sizeable, its pier for docking is, however, not that long. It is effectively good only for docking roughly seven boats at the same time.

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By: Consultants for Comprehensive Environmental Planning, Inc./ Guimaras-Iloilo Ferry Terminal Systems Project

Recommended Option:

Considering the already complex technical decisions that will still have to be made for the project as well as the all important development budget consideration, this report thus recommends Option 1. Option 1 approaches the Station design in a straightforward manner where each project feature tries to make use of what’s there on site to minimize cost. Hence, except from the mentioned extended pier with fendering for the large tourist boat, most other works on the site will be traditional construction works. To avoid the filling work for the depressed waterlogged area in the site, it shall be converted instead into a lagoon that will add to the uniqueness of the Eco-park. In this option, the outriggers will continue to use the river side docking facility with its improvements. The Pre-Feasibility Study recommends the implementation of Option 1 for the Parola terminal for the following reasons:

A downside of Option 2 is that the land site will be substantially smaller due to the a. creation of the dock.Erosion, turbulence, wave action and other factors have not been studied in detail to b. warrant the use of the second option.For future flexibility, the buildings system for the first option can be designed to allow c. land cut-away in the future if the environmental factors are positive and the traffic volume requires it. The design should allow this without impeding the operations of the river docking system.Having constructed the ‘fendering’ system on the river to handle the larger boats, the d. creation of an additional pier will be a separate expense on top of the original budget for the first option.Less adverse social impact and resistance in implementing the recommended e. option.Since the difference in projected cost for the two options is very minimal, it may be f. reasonable to look deeper into the implications of each.

Option 1:Enhancement of the Existing Pier

The design maximizes the use of the site and will require the immediate relocation of the Coast Guard headquarters as well as the informal settlers and vendors. Since the docking system under this option essentially retains the old way, however, further technical studies will be necessary to determine the viability of introducing larger boats in the future for the comfort of tourists. The depressed water-logged area inside the old Rotary Park, will be converted into a recreational pond within the park proper. This is deemed more suitable to do for this naturally low area instead of filling it to acquire more land area which is not needed at this time. A given in this option is the agreement for the project to relocate the Coast Guard building and to provide a lot for the use of the Department of Environment and Natural Resources (DENR) as well. Guimaras Province has offered to underwrite one-half of this relocation cost with the City shouldering the other half.

While the outrigger boats are expected to stay and service the commuter needs, it is envisioned that at some point in the future larger outriggers or even non-outrigger boats will come into use. This will be targeted for the tourist trade. The boats will necessarily evolve into wider decks with enclosed sides and higher roofs. At present the toe of the pile extends roughly 7-meters from the top into the river. Deeper draft boats would be prevented from mooring close by the rock pile. To allow these larger boats to moor closer to the dock, the present rock-pile will have to be considered in the dock design. The docking facility under this option is enhanced but generally retained. A major improvement would be the provision of an extended pier with fendering for roughly a 50-meter stretch starting at the sea end of the river. This dock span that extends further up the river is intended to accommodate boarding and discharge for the future larger tourist boats that can now effectively sidle alongside this dock.

Option 2:Creation of a New Pier

This option addresses the objective of the Metro Iloilo-Guimaras Economic Development Council (MIGEDC) to provide for a world class tourist dock facility although it is a more expensive undertaking. An environmental study will be needed to validate this option which calls for ‘cutting’ existing land to provide for a special berthing facility for tourist boats.

Essentially, a new dock ‘pond’ would be created between the Parola site and the new PPA wharf that fronts the Parola site.

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Aldeguer St. in Central Business District

T h e A l d e g u e r S t r e e t M a r k e t a n d C a l l e R e a l

P e d e s t r i a n i z a t i o n P r o j e c t

A. The Setting

Iloilo’s Central Business District (CBD) is typical of old business districts in the country. It is plagued by outmoded infrastructure, congestion, pollution and flooding. In addition, most of its buildings and neighborhood amenities are in decay. Because of this, the more modern developments gravitate to the suburbs. To attract the market, these developments are usually built out of a scale that allows them to operate in self-contained fashion.

The City of Iloilo realizes, however, that its CBD is an important resource in itself. The CBD has the locational advantage of being close to the pier and public offices. It possesses the unique heritage commercial buildings of the city that reflect its history and is sought by tourists. Despite its inconveniences, it is home to a significant population that is a desirable market of commercial projects.

For these reasons, a bold project to make the CBD a vibrant and competitive area is being pursued by the City. To this end, a revitalization strategy and plan for the area has been prepared. This study deals with the initial phase: the pedestrianization of Aldeguer Street and Calle Real. At the end of the exercise, it is expected that not only will business flourish once more in the CBD, but there will be an image of the City that will reflect its character and history and which its citizens will be proud of.

B. The Plan for Aldeguer Street Market

This project is essentially an event -- an open bazaar that is temporarily set up on Aldeguer Street between Iznart Street and Calle Real for a certain time-period on certain days of the week, for example, from 6:00pm to midnight on Fridays, or from 9:00am to 2:00pm on Sundays. The street, about 200 meters long, is proposed to be closed to traffic and portable stalls be put up and rented out to a wide range of enterprises. The objective is to draw attention to the CBD, demonstrate the potential economic benefits of pedestrianization, and catalyze participation of property and business owners in the downtown revitalization program.

Given the nature of this project, it does not require any major capital investment or infrastructure improvement. It will, however, require the provision of portable toilets and traffic barriers, as well as security and maintenance services. Its organization and management is proposed to be contracted out by the City to a private events management firm.

13

By: Consultants for Comprehensive Environmental Planning, Inc./ Iloilo Downtown CBD Revitalization Project

C. The Plan for the Calle Real Pedestrianization Project

The main area for pedestrianization development is the stretch of Calle Real Street starting from Ledesma St./Arroyo Streets (one end of Calle Real) up to Aldeguer Street. This stretch is roughly 212 meters long with a street carriageway width of about 16 meters. In the middle of the street is a narrow fenced island strip with standard street lamps distributed along it. The middle of the stretch is bisected by Arsenal Street and an alley that connects to Iznart Street. At present, public transport (jeepneys) together with private vehicles ply the stretch.

The Calle Real project will be the main pedestrian boulevard while Aldeguer Street will play out its dual role as a pedestrian route only at given times. The basic objective of the pedestrianization effort is to bring the pace of passers-by on the street to a level where it is conducive for commerce especially retail sales. Hence, the process calls for a comfortable and safe setting for pedestrians. For Calle Real (and possibly Aldeguer Street in the future) this will entail the provision of appropriate paving work, upgrade of utility features, provision of street furniture, and landscaping. In addition, the enactment and application of specialized urban design zoning policies as well as the implementation of supportive programs and projects on environmental care, security measures, traffic reroute and effective incentives (to encourage concerned private sector interests to participate in the project) will be necessary.

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C e n t r a l M a r k e t R e d e v e l o p m e n t P r o j e c t

A. Existing Situation

The site is a market complex owned by Iloilo City. The site is less than 1.4 hectares in total size and which 5-sided shape is bounded by four city streets (Iznart, Aldeguer, Rizal and Guanco Streets). Within the site is a heritage building (facing Iznart and Rizal Streets) and a public market complex. In the past, much of the market burned down and so it was rebuilt by the city with new buildings (one to two floors). The surviving heritage building is presently commercial while the other new structures are independent buildings that consist of interconnected shops and stalls. While the complex continues to function as a market today, the structures therein are not optimally operated and in a state of disrepair.

B. Strategic Objectives and Proposed Land Uses

In line with the Central Business District (CBD) redevelopment thrust of the City, the renovation of this City asset is expected to promote business in the CBD. Considering the high value of the site which is located in the center of the City, a higher density arrangement is proposed for its development. Accordingly, the strategic land use proposed for the project is essentially commercial in nature. Considering the needs of the envisioned market, the purpose of the project and the capability of the site, a mix of commercial boutiques and shops; wet and dry market; office space and even residential products are proposed as best uses for the project.

C. Proposed Architectural Design

While tall buildings are possible to be built on the site, the design for the project is limited to the provision of only medium rise buildings for two reasons:a) to maintain the city skyline as much as possible; andb) in consideration of the weak economy today that impact on the market. Thus, the envisioned building components are:

an adaptive reuse commercial arcade 1. for the existing heritage building;modern office towers and a parking 2. building linked by a podium for the main area (behind the heritage building);a low maintenance wet market and dry 3. goods area (under the podium);an open public promenade (adjacent to 4. interior side of the heritage building); and miscellaneous commercial stall strips 5. (along Aldeguer and Guanco Street).

On the whole, the project shall be modern with a heritage theme. The existing heritage building shall be restored while being equipped with the modern facilities. Effectively, the face of the development from the exterior shall be the restored heritage building. The other buildings shall be basic modern as much as possible so that it will possess form and surfaces that do not conflict with the theme of the heritage façade at the front. The proposed new building towers and the parking building in the site shall be medium rise (maximum 6-storey) structures, subject to market validation by the future developer.

15

By: Consultants for Comprehensive Environmental Planning, Inc./ Iloilo Downtown CBD Revitalization Project

D. Designing for the Market

The Market

It was initially proposed that the central market be packaged as a stand-alone project. To fast track implementation, the conceptual framework and pre-feasibility study would serve as basis for the preparation of Terms of Reference for bidding out the project. Toward this objective, it was assumed that the target market for the project would be developers and investors in real estate both local and national or even international since no sale of land would be involved. This would still hold true should the City decide to pursue the project independently of the other components of the Central BusinessDistrict Redevelopment Program.

A second option is proposed involving the formation of a joint venture company between the City of Iloilo and the private sector. This will need to explore the second level of the market, the product end-users. The product is mixed use commercial, residential and office space. The feasibility study shall have to determine the extent of the market for the following sectors/groups:

1. Information Technology Industry – with the potential solutions to the power shortages for the region at hand, there will be increased demand for space for this industry group. It may be practical to consider securing Philippine Export Zone Authority incentives for the project as a strong come-on to the IT locators. Severalbuildings in Metro Manila (Eastwood Center, RCBC Plaza, among others) have secured such status. The increase in BPO demand has created labor supply deficitsin Metro Manila and thus there is a strong push toward the centers of labor pools nationwide. Iloilo City should push for its share of this growing market.

2. Residential Space Requirements of IT locators – While the IT sector grows, there will be increasing demand for close-to-work residential space. The higher income level of workers in the industry provides affordability in purchasing middle priced housing units. The proximity of apartments to the next door workplace is a strong competitive edge.

3. 24-hour services catering to the IT workers and residential users - The conduct of business of IT centers is in real time. The time differentials between local versus USA and Europe dictates that majority of the workforce are on board during nights. A 24-hour venue caters to this market. In turn, other users are drawn to the all night areas.

4. Boutique Hotel – one or more of the proposed buildings can be parleyed into a boutique hotel catering to the higher end of the traveller market.

5. Residential Space for Iloilo and immediate environs – In the case of residential units, a spillover market may be targeted for Iloilo and immediate environs. Such residential space can cater to those desiring to live downtown, close to schools, government offices, and retail shops.

6. Office/commercial space requirements – An analysis of the commercial office space market needs to be conducted.

7. Wet market vendors – An ocular inspection of the wet market operations indicate that less than 20% of the stalls are active. Most of the spaces are used as storage or even residences. Of the 850 or so stalls, less than 100 are active. The 2,200 square meter area (net 1,300 sqm) will accommodate 150-220 stalls.

8. Specialty retailers – With the operation of the site as a quasi-mall a shop mix needs to be drawn up and potential locators identified for each retail activity type. These may be existing local retailers, associations like Negros Producers Association, and national retail companies.

The mixed-use operations in the market complex seek to provide the attraction that will make the project into a destination place. For the built-up areas of the complex, the varied businesses there will be places for those who would do business with them. For the ground level, the bulk of the site is allotted for the public market operation which is a draw in itself for the consumer public. The complex will have its share of festive open spaces such as the public promenade between the heritage building and the wet market. This festive court is expected to be the arena for street commerce, performers and events that will sustain the public’s interest in the complex long after office hours. On the Podium level will be an open deck and the second floor of the towers which will be strategically commercial in nature. This would be the second level counterpart of the ground level promenade and could offer more or less the same activities.

16

Iloilo has a very young population. Six out of ten (6 out of 10) belong to the under-30 age group. Iloilo’s educational institutions regularly produce 20,000 to 40,000 graduates every year for the labor pool.

They are English-proficient, highly trainable and exposed to in Western-oriented culture, making it ideal for service-oriented businesses, business process outsourcing work, and jobs overseas.

Colleges and universities in Iloilo have more than 100,000 enrolees annually, with 58% of these going to private schools and 41% in public schools. More or less there are 20,000-40000 graduates every year with degrees in business (20%), teaching (13%), arts and sciences (6%), health (24%), agri-fisheries (3%), engineering (15%), information technology (10%) and criminology (7%).

Iloilo has a literacy rate of 92.8%

H U M A N

R E S O U R C E S

Table 1. Enrolment Profile AY 2009-2010, Source: CHED Region VI

Cluster of Discipline

Public HEIs

Private HEIs Total

Business 14, 898 31, 352 46, 250Teacher Education 20, 569 8, 052 28, 621

Arts and Sciences 8, 016 6, 244 14, 260

Health Related 3,160 27, 330 30, 490

Agri and Fisheries 5, 020 206 5, 226

Engineering 13, 275 24, 672 37, 947Info. Tech. 10, 122 12, 958 23, 080Criminology 6, 753 5, 397 12, 150Total 81, 813 116,

211 198, 024

17Ateneo de Iloilo along the Do nato Pison Avenue

Major Academic Institutions:Colegio de San Jose• John B. Lacson Foundation Maritime • UniversitySt. Therese College• Western Institute of Technology• Western Visayas College of Science • and Technology

Universities:Central Philippine University• John B. Lacson Foundation Maritime • UniversitySt. Paul University• University of Iloilo• University of the Philippines• University of San Agustin• West Visayas State University•

TESDA Accredited IT-Related Training Providers

ACSI Business and Computer School • Inc.AMA Computer Learning Center, Inc.• De Paul College• Dominican College of Iloilo• Forways Computer School• Informatics Computer Institute• Interactive Institute of Technology• Interface Computer College• John B. Lacson Colleges Foundation, • Inc. – Information Technology Training CenterJoji Ilagan Career Center Foundation, • Inc.Panpacific Call Center and Training • schoolSt. Zita Training and Development • Center, Inc.System Technology Institute, Inc.• West Visayas College of Science and • Technology

GOLD MINE IN MANPOWER

Iloilo City has a high population of youth who are English-proficient and highly-trainable making it ideal for service-oriented business specially business process outsourcing jobs, and overseas employment.

• A strong number of 20,000 graduates annually and quality of talent pool is manifested in the presence of 28 private tertiary institutions three state colleges/state universities, the city being the educational center in the whole Western Visayas region.• Several universities already included call center fundamentals in their curriculum to cater to the growing demands of the business processing and outsourcing industry.• Some educational institutions offer short and finishing courses for call center, medical transcription, and software development; training in Professional (2D) animation, English language proficiency, Korean Language and Culture, web page and graphic design.

The government, private sector and academe are working together to increase the number of graduates produced by prominent universities specializing in various fields of business, medicine, education, maritime, industrial technology, information technology and engineering.

And this affirms the fact that the city is emerging to be globally-competitive as confirmed by a very young, energetic and skilled manpower pool ready for employment opportunities.

Illonggos are known for their talent to perform multi-task, skilled and talented in almost all fields and have a very good English proficiency and literacy which make them develop a very strong work morale such that they would grab any opportunity that comes along the way.

Multi-national companies attract more applicants because of their larger scope of service and provide good compensation package to employees but domestic BPOs are trying to compete with the standards of multi-national companies.

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Investor’s Incentives

The City Government provides business incentives such as Tax Exemptions, Reduction of Business Tax and Non-Fiscal Incentives.

Non-Fiscal incentives are readily available starting from the registration process which include but not limited to:

assistance in securing additional busness permits and other • related data;facilitate access to financial and technical assistance programs of • the government; andfacilitate service connections with local utilities and other • services as may be recommended by the Investment Incentives Board.

A. Tax Exemptions

Investment (in PhP) Tax Holidays(in years)

5 Million but less than 20 Million One (1)

20 Million but less than 40 Million Two (2)

40 Million but less than 60 Million Three (3)60 Million and above Four (4)

B. Reduction of Business TaxNew and Expanded Enterprise

Year of Operation % of Reduction First Year 100 Second Year 75 Third Year 50 Fourth Year 25

C. Full Exemptions from:Mayor’s Permit Fees1. Building Permit Fees2. Other kinds of Local Licenses Fees and Dues (EXCEPT Regular 3. Fees) such as:

Business Manager’s Fees * Health Certificate Fee* Sanitary Permit Fee * Oath Fee* Garbage Fee * Fire Inspection Fee* Tax on Billboards * Tax on Delivery Van* Tax on Weights and Measure*

B U S I N E S S P E R M I T P R O C E S S I N G / I N C E N T I V E S

START

CTO

BPLO

Process Flow for Business Permit Application

STEP 1Business Permits and Licensing Office

Secure/fill-out application form.1. Secure checklist of requirements.2. Proceed to Examination Division, 3. City Treasurer’s Office

STEP 2City Treasurer’s Office

Submit form to Examination Division 1. for assessment of taxes and fees and issuance of Tax Order of Payment.Clearance from the Real Property 2. Tax Division.Approval for payment by the Asst. 3. City Treasurer.Pay taxes and fees. Secure Fire 4. Safety Inspection Certificate/Zoning Clearance from the concerned offices

STEP 3Business Permits and Licensing Office

Submit Official Receipt and 1. application together with all documentary requirements for inspection (new applications only) and printing of permit.Approval and issuance of permit.2.

BPLO

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C O S T

O F

D O I N G

B U S I N E S S

BUSINESS TAXESand

LICENSES

Minimum Daily Wage Rates

Industry/ Sector New Minimum Wage Rates under WO# RBVI - 11

Non-Agriculture, Industrial/ Commercial

More than 3 workers P265.0010 or less workers P223.00

Data Source: Regional Tripartite Wages and Productivity Board, Wage Order No. RBVI-14

Business Classification and Rates of TaxesA. Manufacturer, repackers, processor, brewers, distillers, rectifiers, and compounders of liquors, distilled spirits and wines ormanufacturers of any article of commerce of whatever kind or nature

Gross Sales/ Receipts for the preceding Calendar Year

Amount of Tax Per Annum

Less than P10,000.00 P 272.25P 10,000.00 or more but less than 15,000.00 363.0015,000.00 or more but less than 20,000.00 498.3020,000.00 or more but less than 30,000.00 726.0030,000.00 or more but less than 40,000.00 1,089.0040,000.00 or more but less than 50,000.00 1,361.2550,000.00 or more but less than 75,000.00 2,178.0075,000.00 or more but less than 100,000.00 2,722.50100,000.00 or more but less than 150,000.00 3,630.00150,000.00 or more but less than 200,000.00 4,537.50200,000.00 or more but less than 300,000.00 6,352.50150,000.00 or more but less than 500,000.00 9,075.00500,000.00 or more but less than 750,000.00 13,200.00750,000.00 or more but less than 1,000,000.00 16,500.001,000,000.00 or more but less than 2,000,000.00 22,687.502,000,000.00 or more but less than 3,000,000.00 27,227.003,000,000.00 or more but less than 4,000,000.00 32,670.004,000,000.00 or more but less than 5,000,000.00 32,115.005,000,000.00 or more but less than 6,500,000.00 40,218.75In excess of 6,500,000.00 but less than 100,000,000.00

41.25% of 1%

In excess of 100,000,000.00 22% of 1%

B. Wholesalers, distributors, or dealers in any article of commerce of whatever kind or nature including liquor, cigar,cigarettes, tobacco, leaf tobacco



Less than P1,000.00 P 29.70P 1,000.00 or more but less than 2,000.00 54.402,000.00 or more but less than 3,000.00 82.503,000.00 or more but less than 4,000.00 118.804,000.00 or more but less than 5,000.00 165.005,000.00 or more but less than 6,000.00 199.656,000.00 or more but less than 7,000.00 235.958,000.00 or more but less than 10,000.00 308.5510,000.00 or more but less than 15,000.00 363.0015,000.00 or more but less than 20,000.00 453.7520,000.00 or more but less than 30,000.00 544.5030,000.00 or more but less than 40,000.00 726.0040,000.00 or more but less than 50,000.00 1,089.0050,000.00 or more but less than 75,000.00 1,633.5075,000.00 or more but less than 100,000.00 2,178.00100,000.00 or more but less than 150,000.00 3,085.00150,000.00 or more but less than 200,000.00 3,993.00200,000.00 or more but less than 300,000.00 5,445.00300,000.00 or more but less than 500,000.00 7,260.00500,000.00 or more but less than 750,000.00 10,890.00750,000.00 or more but less than 1,000,000.00 14,520.001,000,000.00 or more but less than 2,000,000.00

16,500.00

In excess of P 2,000,000.00 44% of 1%

Data Source: 2010 Cost of Doing Business BookletCity Planning and Development OfficeCity Treasurer’s Office Iloilo City

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C. Retailers


Amount of Tax Per

AnnumP 400,000.00 or less 2%In excess of P 400,000 but not over P1,000,000.00 1%In excess of P1,000,000.00 44% of 1%

Provided, however, that barangays shall have the exclusive power to levy taxes on retailers with gross sales or receipts for the preceding calendar year of P 50,000.00 or less.

D. Exporters, manufacturers, millers, producers, wholesalers, distributors and dealers or retailers of essentialcommodities are charge one-half of the rates as prescribed above

E. Contractors and other independent contractors and services



Less than P 5,000.00 P 45.38P 5,000.00 or more but less than P10,000.00 101.6410,000.00 or more but less than 15,000.00 172.4315,000.00 or more but less than 20,000.00 274.4520,000.00 or more but less than 30,000.00 453.7530,000.00 or more but less than 40,000.00 635.2540,000.00 or more but less than 50,000.00 907.5050,000.00 or more but less than 75,000.00 1,452.0075,000.00 or more but less than 100,000.00 2,178.00100,000.00 or more but less than 150,000.00 3,267.00150,000.00 or more but less than 200,000.00 4,356.00200,000.00 or more but less than 250,000.00 5,989.50250,000.00 or more but less than 300,000.00 7,623.00300,000.00 or more but less than 400,000.00 11,858.00400,000.00 or more but less than 500,000.00 13,612.50500,000.00 or more but less than 750,000.00 15,262.50750,000.00 or more but less than 1,000,000.00 6,912.501,000,000.00 or more but less than 2,000,000.0 0 18,975.00In excess of P 2,000,000.00 82% of 1%

In the case of Private Hospital in excess of 2,000,000.00 at the rate of 11% of 1%.In the case of Hotels, Motels, Lodging, Boarding and Pension Houses in excess of 2,000,000.00 at the rate of 16.50% of 1%In the case of Private Detective and Watchman in excess of P 2,000,000.00 at the rate of 55% of 1%

F. Cafés, cafeterias, ice cream and other refreshment parlors, restaurants, soda fountains, carenderias or foodcaterers, snack bars, including the sales of liquor and cigarettesGross Sales/ Receipts for the preceding Calendar

YearAmount of Tax

Per AnnumLess than P 2,000.00 P 66.00P 2,000.00 or more but less than P3,000.00 99.003,000.00 or more but less than 4,000.00 132.004,000.00 or more but less than 5,000.00 165.005,000.00 or more but less than 7,500.00 247.507,500.00 or more but less than 10,000.00 330.0010,000.00 or more but less than 15,000.00 495.0015,000.00 or more but less than 20,000.00 660.0020,000.00 or more but less than 30,000.00 990.0030,000.00 or more but less than 40,000.00 1,320.0040,000.00 or more but less than 50,000.00 1,650.0050,000.00 or more but less than 75,000.00 2,062.5075,000.00 or more but less than 100,000.00 2,887.50100,000.00 or more but less than 200,000.00 3,712.50200,000.00 or more but less than 300,000.00 4,950.00400,000.00 or more but less than 500,000.00 7,920.00500,000.00 or more but less than 750,000.00 9,625.00750,000.00 or more but less than 1,000,000.00 12,447.50In excess of P 2,000,000.00 1.10%

G. Producers-Tax on agricultural and aquatic products when sold by farmers, fishermen, partnership orcorporation on commercial scale ……………..........................…2.20%

H. Banks, and other financial institutions………................75% of 1%

I. Peddlers …………………………………………………...................Php 82.50

J. Franchise Tax…………………………………………….............82.50% of 1%

K. Real Estate Lessors



50,000.00 or less P 550.00In excess of P50,000.00 0.275%

C O S T O F D O I N G

B U S I N E S S

21

transportation and freight

REAL ESTATEL. Amusement Tax on Equipment or Devices and other Amusement Places……….3%.



L1. In the case of night clubs, day clubs, cocktail lounges or bars, cabarets or dance hallsP 400,000.00 or less

3%

In excess of P400,000.00 but not over P1,000,000.00

2.2%

In excess of P1,000,000.00 1.1%L2. In case of video computer machine and video tapes P 100,000.00 or less

3%

In excess of P100,000.00 2.2%L3. On theaters and cinema houses1. Orchestra with 500 or less seating capacity P 1,100.002. Orchestra with more than 500 but not to exceed 600 seating capacity

1,650.00

3. With balcony and orchestra with seating capacity of less than 500

1,980.00

4. With balcony and orchestra with seating capacity from 500 to 999

2,200.00

5. With balcony and orchestra with seating capacity of 1,000 and above

2,750.00

6. With lodge, balcony and orchestra 3,300.00

M. Water Extraction Tax………………………………………..3.30%

N. Tax on Private Markets……………………………………..3.30%

O. Unspecified Tax……………………………………………...3.30%

Data Source: Iloilo City Treasurer’s Office minimum daily

Highest Market Value Of Land In Iloilo City

District C1 C2 I1 I2Iloilo City Proper

P22,000.00 P21,000.00 P12,000.00 P 8,000.00

Lapaz 11,000.00 9,000.00 3,000.00Jaro 10,000.00 9,000.00Molo 9,000.00 7,000.00Mandurriao 8,000.00 7,000.00Arevalo 3,000.00 2,500.00

As per schedule of values under Tax Ordinance No. 2005-002 dated September 7, 2005Source: City Assessor’s Office, Iloilo City

Minimum Cost Estimate Of Land In Iloilo City (PHP – Per Sq. Meter)

District Commercial and Industrial (Averaging)City Proper P 12,200.00Lapaz 7,600.00Jaro 6,600.00Molo 6,000.00Mandurriao 6,000.00Arevalo 4,800.00

Source: City Assessor’s Office, Iloilo City

AIRLINE CARGO RATESPhilippine Airlines

Origin Destination Weight Breaks General Cargo

Iloilo City Manila

0-9 kg P 150.00

10-44 kg P 16.23

45-249 kg P 14.42

250-999 kg P 12.73

10000 kg up P 10.87Air Philippines

Origin Destination Weight Breaks General Cargo

Iloilo City

Manila

0-5 kg P 150.00

6-49 kg 16.23

50-249 kg 14.42

250-999 kg 12.73

1000 kg up 10.87

Cebu

0-5 kg 150.00

6-45 kg 8.90

45 kg up 7.55

CEBU PACIFICOrigin Destination Weight Breaks General Cargo

Iloilo City

Manila

0-5 kg P 125.00

6-49 kg 15.83

50-249 kg 13.98

250-999 kg 12.43

1000 kg up 10.57

Cebu

0-5 kg 125.00

6-45 kg 8.67

45 kg up 7.28

250-999 kg 6.06

1000 kg up 4.74

Davao

0-5 kg 125.00

6-49 kg 12.71

50-249 kg 11.44

250-999 kg 10.29

1000 kg up 9.05

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HON. JED PATRICK E. MABILOGCity Mayor, Iloilo City

3/F Robinson’s Place, Iloilo CityTel No. (+6333) 337.00.85Fax No. (+6333) 335.06.89

email: [email protected]

MR. FRANCIS T. CRUZExecuti ve Assistant for Economic Promoti ons

3/F Robinson’s Place, Iloilo CityTel No. (+6333) 336.38.53

email: ft [email protected]

MR. FELICITO H. TIUChairman

Economic and Investment Promoti ons Board6/F Eon Centennial Plaza Hotel

Jalandoni St., Iloilo CityTel No. (+6333) 337.22.77

HON. JOSE S. ESPINOSA IIIVice Mayor

2/F, Iloilo Terminal Market Bldg.Mabini-De Leon Sts., Iloilo City

Tel No. (+6333) 337.47.30(+6333) 335.12.02

email: [email protected]

Members of the Sangguniang PanlungsodHon. Nielex C. TupasHon. Perla S. ZuluetaHon. Jeff rey Ganzon

Hon. David Raymund C. JamoraHon. Edward C. Yee

Hon. Jason R. GonzalesHon. Joshua C. AlimHon. Lyndon V. AcapHon. Rodel F. Agado

Hon. Ely A. Estante Jr.Hon. R. Leone N. Gerochi

Hon. Plaridel C. Nava II

Hon. Roberto Divinagracia(Liga ng mga Barangay President)

Hon. Sheen Marie Mabilog(SK President)

Contact Us

Contributors:Researchers:City Planning & Development Office Ronan Seal B. CastroMr. Amante E. Espejo, Jr., PIO Jeehan FernandezJeffrey Celiz Marc DeveraMary Faith L. Wendam Crispin E. MerlowPunay Chaves Je Catabas

Photos:Jose Roni S.J. Peñalosa Makoy Rejaba Glenn OpongMark Anthony Yap Tara Yap Renalie DeveraJames Diamansil Bimbo Agusti n Joselito VillasisRee Dexter Ingeniero Ray Tabafunda (iloiloguide.com)Bernardo Arellano III

iloilo city investment guide

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