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Sorsogon

Location and boundaries

• Sorsogon is located at the southernmost tip of Luzon.

Infrastructure facilities

• 2 feeder airports
• 2 major seaports
• 6 municipal ports
• 2 local exchange carriers
• 2 mobile phone companies
• 3 telegraph
• 2 TV stations

Cost of doing business

• Power
  • Residential: US$3.10 minimum
  • Commercial: $5.20 minimum
• Water
  • Residential: $2.90
  • Commercial: $3.40
• Minimum wage rates
  • Non-agricultural: $3.40
  • Agricultural: $2.90

Potential investment areas

• Eco-tourism development: Development of Pinaculangan Treasure Island Resort, Bulusan Lake Resort Development, Rizal Beach Tourism Estate, whaleshark watching and support facility, Bucalbucalan Trading and Rest facility.
• Infrastructure: Sorsogon Business and Leisure Park; construction of Bacon and Castilla Seaports; upgrading of Sorsogon airport.
• Transportation: Modernization of sea transportation and development of port facilities, integrated transport erminal.

Incentives

• For the municipality of Irosin:
  • Exemption from local fees for a period of 3 years.
  • Exemption from basic real property tax for 2 years.
  • Provision of business and investment information
  • Assistance in hiring local skills.
  • Assistance in sourcing available materials.
• For municipality of Gubat:
  • Exemption from mayors' permit, business, sales taxes and other fees and charges for 3 to 5 years.
  • Exemption from basic real property tax from 3 to 5 years.
  • Additional 2 years exemption granted to locators during the 1st year of implementation.
  • Tax reduction or tax credit for expenditure on construction of "public infrastructure"; tax incentives to existing enterprises involved in the construction of public infrastructure, aesthetic improvements on buildings and other structures for business use, and clean and green projects.

Major tourist attractions

• Butanding Festival ushers the "Butanding" (whaleshark season) and is a thanksgiving for the blessings that it gives the people of Donsol.
• Pili Festival showcases the "Pili," the primary purpose of which are to emphasize its importance and to increase the awareness of the public on its various economic uses.
• Kasanggayahan Festival traces Sorsogon's roots and bespeaks of the development efforts exerted by all sectors of the community to pursue peace, progress and prosperity.