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Davao del Norte

Infrastructure facilities

• Telecommunications
  • 7 major telephone lines
  • 8 government-operated telegraph services

• Airport/Seaports
  • 5 airstrips owned by private banana plantation companies
  • 2 municipal seaports and 3 private seaports

• Existing Industrial Estates/Economic zones
  • Tagum (APO Industrial Estates): 443-hectare industrial estate, 292-hectare residential/eco-tourism
  • Panabo Provincial Agro-Industrial Center: 570-hectare industrial site
    • Preferred project: warehouses, food processing, accommodation facilities, heavy industries

Cost of doing business

• Power

  DANECO Power Rates

  Classification	Rate (in US$)
  	Minimum charge	In excess
  Residential/Government	0.74	0.05/kwh
  Commercial	1.49	0.05/kwh
  Industrial	0.74

• Water

  Consumption	Rate (in US$)
  Residential
  0-5 cu.m.	0.96
  6-10 cu.m.	1.83
  11-20 cu.m.	0.19/cu.m.
  21-30 cu.m.	0.20/cu.m.
  31-40 cu.m.	0.24/cu.m.
  41 cu.m. and up	0.29/cu.m.
  Commercial
  1st 0-5 cu.m.	3.46
  11-20 cu.m.	0.37/cu.m.
  21-30 cu.m.	0.40/cu.m.
  31-40 cu.m.	0.49/cu.m.
  41 cu.m. and up	0.59/cu.m.

• Salaries/wages

  Industry/Sector	Rates (in US$)
  Non-agriculture	3.36
  Agriculture
  Plantation	3.16
  Non-plantation	2.74
  Retail Services
  Employing more than 10 workers	3.36
  Employing not more than 10 workers	2.74

  (Plus P25 Cost of Living Allowance)

Potential investment areas

• Island Garden City of Samal
  • Tourism, agribusiness, light manufacturing, utilities and services
• Municipal of Sto. Tomas, Kapalong, Talaingod cluster
  • Common service facilities (eg. food terminal), utilities (water), mining (marble and chromites), eco-tourism and agro-forestry
• Panabo City, Municipal of Carmen and Braulio E. Dujali cluster
  • Agribusiness, light manufacturing, construction and construction materials and services
• Tagum City, Municipal of New Corella and Asuncion cluster
  • Agribusiness, tourism, services and light industries

Incentives

• Panabo Investment Incentives Code of 1995

  Full exemption from the payment of business tax, local fees (Mayor's Permit Fees, Building Permit, business sales taxes) and other fees and charges imposed under existing municipal ordinances and basic real property tax imposed under the Municipal Tax Code for a maximum period of two years from the start of commercial operation;

  Non-Tax Measures

  • The creation and operationalization of the Panabo Investment Promotion & Incentives Administration Board (PIPIAB) which is hereby mandated to effectively implement the provisions of this Code for the benefit of investors;
  • The creation, establishments, and operationalization of the Panabo Investors Assistance Center(PIAC) which shall act as one-stop shop processing and assistance center for investors;
  • The creation and operationalization of Panabo Industrial Zone Development Consortium (PIZDC), an aggrupation of landowners within the industrial zone of the city of Panabo which is intended to cater to and facilitate the acquisition by registered enterprise of the industrial land of their choice at prices lower than most growth centers in the country;
  • The existence of the Panabo Agri-Industrial Center Task Force (PAIC-TF), tasked to plan and oversee the implementation of programs and projects in the municipality.

• Island Garden City of Samal Investment Code Of 1999

  Tax incentives

  • Discounted fees for the first three years on the cost of the Mayor's Permit & Licensing Fee;
  • The Investor shall secure the necessary Building Permit prior to the start of the building construction. Payment of the Building Permit Fee is however, deferred for two (2) years;
  • Gradual implementation of the ten (10) percent amusement tax;
  • Investment on environment projects located in the environmentally critical zone recharge area) shall be exempt from the payment of Real Property tax. Land located in the production forest zone (buffer area) that are planted with trees shall be tax free but the improvements therein shall be subject to tax as provided for in the local tax code;
  • Minimal payment of the building assessment fee for the first three (3) years.

  Non- Fiscal Incentives

  • One-stop assistance to investors through the Investment Center;
  • Simplified Processing procedure;
  • Availment of the benefits from the City's promotional efforts.

  Note: Revisions of the Island Garden City of Samal Investment Code of 1999 is on-going; draft currently deliberated by the City Council.

Major tourist attractions

• Falls and caves in New Corella, Kapalong and Island Garden City of Samal
• Lakes and rivers in Tagum City, Sto. Tomas, Kapalong and Islands Garden City of Samal
• Mountains, forest and view decks in New Corella, Kapalong and IGCS
• Beaches, beach resorts, diving sites in Island Garden City of Samal and Tagum City
• Cultural, historical and religious attractions in Tagum City, New Corella, Kapalong, Talaingod and Island Garden City of Samal
• Agri-industrial and horticulture in Kapalong and Panabo
• Fish sanctuary in Island Garden City of Samal