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Palawan

Location and boundaries

• Palawan is located in the western part of Philippines approximately 240 kms. southwest of Manila
• Its capital, Puerto Princesa City is approximately 45 mins. by plane from Manila and 20 hrs. via Superferry ships
• It also has direct flights and ship routes to Ilo-ilo City and Cebu City
• Palawan, known as the "cleanest city in the Philippines", lies between the islands of Mindoro and Borneo, and west of the Philippine Islands
• It has a total land area of 1,489,655 hectares. It is composed of 1,780 islands and islets
• One of the few remaining sanctuaries, the world has referred to Palawan as a "haven of rare Philippine wildlife"
• Its thick forest is home to 232 wildlife species. Foremost are the Palawan Peacock Pheasant and the famous Mouse Deer. It is also home to rare flora, the Grandi Flora Orchirds and the Palawan Cherry
• Palawan has about 12,000 kilometers of irregular coastline that are rich fishing areas

Infrastructure facilities

• Airports and seaports
  • 3 domestic airports (Puerto Princessa City Busuanga and Cuyo)
  • 6 private airstrip
  • 5 government airstrips
  • 2 military airstrip
  • 4 national ports (Puerto Princessa City, Brooke's Pt., Balabac and Culion)
  • 10 municipal ports
  • 2 private ports
  • 1 terminal port

Cost of doing business

Minimun Daily Wage	Rate in US$ ($1 = Php 50.00)
Non-Agricultural	3.92
Agricultural
- Plantation with annual gross sales of PhP5M or more	3.52
-Non-plantation	3.12
Cottage & Micro Enterprises	3.28
Retail Service & Service Establishments	2.12

Communication	Rate in US$ ($1 = Php 50.00)
Telephones (Landline)
Residential
- installation charges	55.00
- monthly minimum billing
- flat	10.56
- metered	10.16
Commercial
- installation charges	39.16
- monthly minimum billing
- flat	21.87
- metered	18.68

Utilities	Rate in US$ ($1 = Php 50.00)
Power Rates
Commercial (ave kwh)	.011279
Residential (per kwh)	0.10579
Industrial (per kwh)	0.10579
Water Rates
Commercial (min. charge 10 cu.m.)	6.00
Residential (min. charge 10 cu.m.)	3.00

Investment areas

• Fish processing
• Seaweed processing
• Eco-tourism

Incentives

1. Groundwork on Investment Liberalization
   • Land lease loan extended from 50 to 75 years
   • Opening up of banking industry for foreign participants
   • 100 percent foreign ownership in selected investment areas
2. Fiscal Incentives
   • Income tax holiday of 4 to 6 days
   • Tax and duty-free importation of capital equipment and spare parts
   • Tax credit on domestic capital equipment
   • Tax credit for taxes and duties on raw materials used in the manufacture, processing or production of products for export
3. Non-fiscal incentives
   • Simplified customs procedures
   • Unrestricted use of consigned equipment
   • Employment of foreign nationals
   • Waiving nationality requirements for regional ASEAN or multilateral financial institution
4. Incentives in export processing zones
   • Exemption from local taxes (except real estate tax), licenses, and fees
   • Exemption from real estate tax on production equipment and machineries
   • Exemption from the 15 percent branch profits remittance tax
   • 100 percent foreign ownership
   • Simplified import and export procedure
   • Exemption from SGS inspection

Major tourist attractions

• Outstanding coral reef fringed islands
• Mountain ranges and pristine environment setting and golf courses. There is the "Tara Golf Course" located in the Western Command, WESCOM Road, Puerto Princesa City. It is open to club members to play. Club Membership is open, encouraging camaraderie among locals and visitors.