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Capiz

Location and boundaries

• Capiz is located in the northeastern portion of the island of Panay.
• Sibuyan Sea bound the province on the north, Iloilo on the southeast, Antique on the southwest and by the province of Aklan on the northwest.
• Six coastal municipalities and one city cover 90 kilometers of coastal area.
• Travel time to Capiz is 45 minutes by plane, via Roxas City, and 18 hours by boat.

Infrastructure facilities

• 5 government ports
• 2 private ports in Roxas City
• 1 domestic airport in Roxas City (Philippine Airlines and Cebu Pacific ply the route to and from Capiz)
• Telecommunications
  • Land/mobile phones: Philippine Long Distance Telephone Co. (PLDT), Bayantel, PT&T Islacom, Smart Communications, Globe Telecom, Piltel
  • 4 cable TV stations
  • 4 radio stations
  • 2 internet service providers

Cost of doing business

• Water
  | View table |

Potential investment areas

• Cassava processing
• Coffee processing
• Cutflower industry
• Electronics
• Food processing
• Gifts, toys and houseware
• Lime processing
• Marble and granite extraction
• Prawn culture
• Prawn feed manufacture
• Seaweed farming
• Tourism and resort development

Incentives

• Fiscal Incentives:
  • Exemption from payment of all kinds of business taxes imposed by the City of Roxas under the Revised Revenue Code of Roxas City.
  • Exemption from the payment of all licensing and permit fees.
  • Exemption from all inspection and examination fees required under the Revised Revenue Code of Roxas City.
• Non-fiscal Incentives:
  • Assistance form OSDAC which will be extended to investors for free in the documentation of their application for registration.
  • Assistance from the OSDAC for the preparation of investors Project Feasibility Study.
  Period of Exemption

  For Philippine Nationals/Corporations

  Actual Capital (in PhP)		Duration of Exemption
  P1M - P2M		One year
  Over P2.5M - P5M		Two years
  Over P5M - P10M		Three years
  Over P10M - P15M		Four years
  Over P15M		Five years

  For Foreign Nationals/Corporations

  Actual Capital (in US$)		Duration of Exemptions
  0.1M - 0.2M		One year
  Over 0.2M - 0.3M		Two years
  Over 0.3M - 0.4M		Three years
  Over 0.4M - 0.5M		Four years
  Over 0.5M		Five years

Major tourist attractions

• Halaran Festival. "Sinadya sa Halaran" means "Joy in sharing ans thanksgiving". This is a festival commemorating the feast day of the Immaculate Conception. The celebration is marked by fireworks display, dance parade, food festival and Capiz dance festival.
• Panay Bell in Pan-ay Capiz. The Pan-ay church's five story belfry shelters a huge antique bell surrounded by 8 smaller bells. The bell is seven feet in diameter and weighs 10.4 tons.
• Miraculous Shirne in Pilar, Capiz. A shrine constructed on top of a hill overlooking the sea. Locals folks believed that the shrine protects them from natural calamities.