SOCIO ECONOMIC ASPECT

Cocina Boholana seeks not only to generate profit but also seeks to promote social and

economic advantage to the localities. This project, upon its commencement, will provide

employment to the local residents. This will open new opportunities for unemployed individuals.

Since the location at Tawala, Panglao still has very limited number of restaurants, this will also

serve as a place where the residents can dine and eat. It will encourage more production of

food ingredients and therefore, will generate more income to local suppliers. Considering the

increase of demand in the supplier’s production, it will eventually open doors to people for

employment.

Cocina Boholana will adhere to the necessary requirements in the establishment of a

new business. An estimated amount of P5,200.00 will be paid by Cocina Boholana for its

business permits, building permits, clearances, and license fees for the first year. The proposed

establishment will also share in the payment of taxes to the Government. Through these, the

Government can benefit Cocina Boholana for these taxes, permits and licenses are significant

sources of its revenue. To outline everything, the proposed project can bring a significant socio-

economic development to its intended vicinity, Tawala Panglao and to the whole country in

general.
 RECOMMENDATION

Based on the strength and view of the positive findings of the study, the following
recommendations are presented:

1 The proponent shall coordinate with the Mayor of Panglao for the entire pre-operation
requirements. She will also coordinate with the Barangay Captain of barangay Tawala
and also the Manager in charge of Bohol Panglao International Airport.

2 Employees, staff, and guides should be carefully selected based on their qualifications.
Proper trainings should be done to make the operation effective and efficient.

3 As reference in the future, further studies should be done so as to evaluate whether the
establishment has met the specific needs and demands of the tourists.