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Cebu

Location and boundaries

• The province is part of the Central Visayas Region situated 584 kilometers south of Manila.
• It is bounded by Camotes Sea on the east, Taon Strait on the west, Visayan Sea on the north and Bohol Strait on the southeast.

Infrastructure facilities

• Airports
  • 1 international airport (Mactan-Cebu International Airport)
  • 5 feeder airports
• Seaports
  • Cebu International Port
  • 44 domestic ports
• Economic zones
  • Existing
       Mactan Export Processing Zone I (103 firms)
       Mactan Export Processing Zone II (25 firms)
       Cebu Techno Park (1)
       West Cebu Industrial Park (5 firms)
       Cebu Light Industrial Park (4 firms)
       Mitsumi Realty Incorporated Special Economic Zone
    
  • Under development stage
       1 IT Park
       3 additional economic zones
    

Cost of doing business

• Salaries/wages
  
  

  Classification	Rates (in US$)
  Non-Agricultural	3.40 - 4.00
  Agricultural	3.10 - 3.70
  Plantation	3.00 - 3.70
  Non-Plantation	3.00 - 3.70
  Cottage/Handicraft	3.72 - 4.00

  
  
  
• Power
  
  

  Classification	Rate/kwh (in US$)
  Residential	0.10
  Commercial	0.11
  Industrial	0.05 - 0.08

  
  
  
• Water
  
  

  Classification	Rates (in US$)
  Residential
  11-20 cu.m.	0.24
  21-30 cu.m.	0.28
  31 & above	0.77
  Commercial*
  1-3"	6.90-78.56
  4-6"	159.72-235.24

  
  

Potential investment areas

• Local Government Investment incentives
  • Information and Communication Technology (ICT)
  • Light Engineering & Metalworking (LEM)
  • Tourism
  • Economic zones
• Existing
  • Mactan Export Processing Zone I (103 firms)
  • Mactan Export Processing Zone II (25 firms)
  • Cebu Techno Park (1)
  • West Cebu Industrial Park (5 firms)
  • Cebu Light Industrial Park (4 firms)
  • Mitsumi Realty Incorporated Special Economic Zone
• Under development:
  • 1 IT Park
  • 3 additional economic zones

Local incentives

• Other than the incentives available in the BOI Investments Priorities Plan (IPP) and PEZA, Cebu has local incentives for businesses located in Mandaue City.
• Beginning January 2001, new businesses which establish and start their operations and those existing enterprises planning to expand their investments in Mandaue City shall enjoy certain privileges, subject to provisions of City Ordinance No. 2001 / 004: "An Ordinance Providing for Local Investment Incentives to Industries which are Now or May Hereafter Be Established in the City of Mandaue and for Other Purposes."
• All qualified and accepted applicants to the Investment Incentive Program shall enjoy privileges such as exemption from the payment of taxes imposed by the city under existing tax or revenue ordinances and exemption from the payment of all licenses and permit fees.

Major tourist attractions

• Tourist/Cultural
  • Image of Sto. Niño
  • Magellan's Marker
  • Lapu-Lapu's Shrine
  • Fuente Osmeña Colon Street
  • Chapel of the Last Supper
• Cultural Heritage
  • Fort San Pedro
  • Museums (12)
  • Art Galleries (3)
  • Antique Collections (2)
  • Islands (Mactan, Olango, Badian, Malapascua)