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Siquijor

Location and boundaries

• Located in the Central Visayas region, Siquijor is a small island midway between Visayas and Mindanao islands. It is located some 30 kilometers from Negros and about 565 aerial kilometers from Manila.
• It is bounded in the north by the islands of Cebu; Bohol is to the northeast; to the west is Negros island; to the east is Camiguin; to the south is mainland Mindanao. Facing its northern shores is Bohol Strait, southeast shores is the Mindanao Sea.
• Siquijor is 40 minutes from Cebu City by air or chartered light aircrafts, 10 minutes from Dumaguete City or an hour flight from Manila. By fast ferries, it is three hours trip from Cebu City via Dumaguete City
• The province can also be reached by a passenger/cargo boat (conventional vessel) in a seven (7) hour trip from Cebu or three (3) to four (4) hours from Plaridel and Iligan (Mindanao), three (3) hours from Tagbilaran City and two (2) hours from Dumaguete City.

Infrastructure facilities

• Airport
  • I feeder airport in Cang-alwang, Siquijor
• Seaports
  • 3 major seaports strategically located at Larena, Lazi and Siquijor. The port at Larena is the main entry point to the province. It can accommodate ships up to 800 to 1000 tons.

Cost of doing business

• Salaries/wages
  
  

  Category	Daily rates (in US$)
  Non-Agricultural
  Employing more than 20 workers with a total asset of more than $100,000	2.30
  Employing more than 20 workers with a total asset of not more than $100,000	2.22
  Employing not more than 20 workers with capitalization of not more than $10,000	2.02
  Cottage/Handicraft	3.50
  Employing more than 30 workers	1.86
  Employing less than 30 workers	1.78

  
  
• Power
  
  

  Province of Siquijor Electric Cooperative (PROSIELCO)

  Category	Rates/kwh (in US$)
  Basic	4.7454
  Forex	0.1533
  Total	4.8987

  
  
  
• Water

  Metro Siquijor Water District
  

  Category	Rates per cu.m. (in US$)
  Residential
  0-10 minimum	1.78
  11-20	0.18
  21-30	0.20
  more than 30	0.22
  Commercial
  0-10 minimum	11.39
  11-20	0.37
  21-30	0.46
  more than 30	0.46

Potential investment areas

• Infrastructure support
• Telecommunication
• Ports
• Water supply
• Power generation
• Shipping
• Establishment of new waste handing facilities/sewerage systems for industrial/municipal wastes (which includes solid waste/sewerage system incorporating a wide and complete range of treatment preferably including a recycling loop capable of efficient segregation/classification, storage/retrieval. Delivery/distribution of recycled materials to staging area.
• Production and/or Processing of Livestock, Poultry, Fishery and Feeds (swine, poultry, cattle, feeds and fishery production).
• The commercial production of quality/certified seeds and/or seedlings, breeder stocks of livestock and poultry or Its genetic materials and fingerlings of fish and crustaceans.
• The establishment and operations of facilities that render services to agricultural and fishery producers such as cold storage, farm machinery and services and irrigation.
• Fabrication of major mass housing components using non-traditional, sound and environment-friendly materials/technology. These include roof/framing systems, partition systems, flooring systems, door/window systems, finishing/ceiling systems, plumbing/sewerage systems, and electrical systems.
• Educational/Training institutions specializing in developing skills for the manufacturing, agricultural, mining, infrastructure and service (including the training of seafarers complying with International standards and the development of environmental/sustainable disciplines - i.e., Pollution control officers/managers, environmental management auditors) sectors.
• Health service delivery which Includes hospitals, diagnostic centers, therapy centers, clinical laboratories, ambulatory health care facilities, day care centers, and centers for adult citizens (center for mental health, drug rehabilitation and home for the aged), disabled and out of school youths, and other heath services as determined by the Dept. of Heath.
• Tourist accommodation facilities which refer to hotel, apartel, tourist inns, pension house and resorts.
• The establishment of forest tree plantations which include timber and non-timber species.

Local incentives

Tax Incentives for Registered Enterprises in addition to the incentives provided by law, by Republic Act 7160 or Local Government Code of 1991, and Republic Act 7916 known as "The Special Economic Zone Act of 1995", and other pertinent laws: a registered enterprise shall enjoy the following tax incentives:

• From the date of approval of registration by the Board up to the start of commercial operation, an enterprise registered under this Code, shall be fully exempt from charges imposed under the existing Provincial Revenue Code, or specifically but not limited to Articles 224, 225, 226 and 229 of the Rules and Regulations implementing the Local Government Code of 1991 (R.A. 7160), and in no case shall said period exceed one (1) year.
• A registered enterprise qualified under this Code shall within six (6) years from the start of its commercial operation, be exempt from the aforesaid provincial impositions under the conditions and manner herein prescribed.
  • For qualified enterprises : 100% - 1st and 2nd year; 80% - 3rd year; 60% - 4th year; 20% - 5th year; 10% - 6th year; 0% - 7th year
  • One hundred percent (100%) of the Provincial share of Real Property Tax Holiday shall be enjoyed by above-mentioned firms for one (1) year from approval and three (3) years from the start of the commercial operations.

Major tourist attractions

• Mount Bandilaan is the highest peak at the center of the island.
• Cambogahay water falls cascading in five levels.