Iloilo's Promising Economy Driven by Investments and Developments

ILOILO
INVESTMENT
AND
DEVELOPMENT
Iloilo’s latest development
Iloilo, the heart of the Philippines is
one of promising province and fastest
growing economy in the country.
Improvements in Iloilo are increasing.
More investments are coming in due
to developments and of course the
incentives that they’re going to get
from Local Government.
2
Iloilo Investment and Development
Manufacturing Industry
3
Creation of Economic Zones
Development of four towns
and component city as economic
zones:
 Passi City
 Miag-Ao
 Leganes
 Dumangas
 Concepcion
Source: Iloilo Economic Development Foundation, 4

Inc.
Economic Zone
Possible Businesses under the proposed economic zones.
5
Agricultural Industry
6
Agriculture
The Province of Iloilo is known for its

agricultural-based products and has long
been enjoying the over supply of rice for
the past years. The Department of
Agriculture Region VI revealed that as of
June 2007, Iloilo ranks second (2nd) among
the highest rice-producing provinces in the
country where an increasing trend is
recorded at an average of 21 percent annual
growth. It posted a surplus of 325,297
metric tons (MT) of rice with a palay
sufficiency level of 165 percent in year
2007. In spite of this growth, agricultural
productivity is on a declining status.
Livestock
Records show that hogs (swine) also

contribute large shares in the economy of the
Province of Iloilo. Hog industry in the
province is gaining more momentum. In the
last quarter of 2007, hog population reached
516,350 heads representing 35 percent of the
total regional hog population of 1,477,500
heads, valued at approximately Php3.3
billion, computed live weight, while Negros
Occidental’s share is 27 percent and Capiz’s
12 percent of the total hog population of
Western Visayas.
Fishery
Another sector that accounts for large shares in
the economy of the Province of Iloilo. Iloilo’s
rich fishing grounds emerged as the region’s
top fish producing area with an annual
production of 128,618.06 metric tons (MT) in
2007 representing 31.5 percent of the region’s
production of 408,267.35 MT in the same
period. Production includes aquaculture with
26,794.91 metric tons (MT), commercial
fisheries with 51,761.55 metric tons (MT),
marine fisheries with 72,315.83 metric tons
(MT) and inland fisheries with 44,540.68
metric (MT). The major coastal municipalities
are: Carles, Ajuy, Banate, Dumangas,
Concepcion and Estancia.
Iloilo Investment and Development Insert or Drag & Drop Photo
Agri-Business Investment
Opportunities
 Iloilo seeks to develop food processing
and value adding of local materials.
 Iloilo ranks 5th in rice production, sugar
cane, and poultry and livestock and takes
pride in being the Food basket and Rice
Granary of Western Visayas.
 Pre-feasibility studies and site evaluations
for potential economic zones are actively
pursued by local government units to host
industrial estates, large-scale farming, and
logistics hub.
 Ancillary services that support production
and distribution of raw materials and
processed products. Source: Iloilo Economic Development Foundation, 10
Inc.
Total Rice Production
 In the Province of Iloilo in 2007 was pegged

at 864,112 metric tons (MT) valued at
Php10.4 billion.
 The highest ten (10) rice producing
municipalities are Dumangas, Pototan,
Cabatuan, Barotac Nuevo, Sara, Barotac
Viejo, Dingle, Passi City, Lambunao and
Sta. Barbara.
Corn production
 Iloilo ranked first in corn production in Region

VI. In 2007, corn production in Iloilo was
recorded at 148,408 metric tons (MT) valued at
Php1.5 billion followed by Negros Occidental
and Capiz, with 63,239 metric tons (MT) and
42,054 metric tons (MT) production, respectively.
 Top corn producing municipalities in the Province

of Iloilo are mostly located in the fifth (5th)
district particularly, Sara, Batad, San Dionisio,
Lemery, and Ajuy.
Several significant observations in terms of
corn production have been noted in Iloilo.
There are several areas that have been planted

with other crops like sugar that are now being
planted to corn. Corn is also grown in high
slopes in the municipalities of Sara, Batad,
San Dionisio, Lemery and Ajuy where there
are likelihood of an occurrence of rain
induced landslides that may affect areas
around and the vicinity of corn production
sites resulting to damage to crops and even
loss of lives.
Iloilo had the highest number of farms
Among the provinces in Western Visayas, Iloilo had the largest number of farms,
at 133.5 thousand farms, covering 186.3 thousand hectares of agricultural land. In
fact, the total farms for the province accounted for 31.1 percent of the total farms
in the region. Areas under agricultural land in Iloilo comprised 27.9 percent of the
total land area for the region. Guimaras, which was formerly part of Iloilo had
16.6 thousand farms with an area of 28.5 thousand hectares. The number and area
of agricultural farms for these two provinces when combined registered a decrease
of 0.6 percent and 14.8 percent, respectively over the 1991 levels. Iloilo was closely
followed by Negros Occidental with 132.1 thousand farms and an area of 277.3
thousand hectares. Its number of farms increased by 14 percent while its farm
area decreased by about the same percent (13.5 percent) from 1991 to 2002. This
province also had the largest farm area in the region (41.6 percent).
Iloilo Investment and Insert or Drag & Drop Photo
Development
Jalaur River Multi-Purpose II
 This project will be the biggest dam
outside Luzon and has a project cost of
11.2 Billion.
 It can provide a year-round irrigation to
32,000 hectares.
 It can generate 6.6 MW hydro-electric
power to supplement the power supply in
the province
 It can produce 86,400 cubic square
meters per day of potable water for
domestic use of nearby municipalities.
Source: The Daily Guardian/www.ppp.da.gov.ph/ 17
www.jrmp.nia.gov.ph
External Linkages
18
Iloilo Investment and
Development
Access by Air:
Iloilo International Airport
• Located in Cabatuan, Iloilo.
• Serves both domestic and
international flights.
• The fourth-busiest airport
in the Philippines.
• Named as the 12th best
airport in Asia - Year 2016.
19
Development
• The proposed expansion of the
Iloilo International Airport takes a
step forward after the Civil Aviation
Authority of the Philippines
(CAAP) granted an Original
Proponent Status (OPS) to the
unsolicited proposal submitted by
the Villar Group of real estate
magnate Manuel B. Villar, Jr.
• - Former President Arroyo said she
was informed by CAAP that the
DILG had finally signed an
agreement. This could now be sent
to the NEDA for further assessment.
20
Development
• Aside from CAAP, the DOTr, DOLE
and DOJ already signed the
proposed expansion.
• Need for the expansion as
the capacity of the airport has
increased from 1.2 to 2.4 million
passengers a year.
• To cater to a bigger number of
passengers.
• Bigger, better Iloilo International
Airport ‘expansion is much needed’
– Arroyo
21
Development
Iloilo International
Airport
• Premium P2P bus service

from Iloilo International
Airport (ILO) to Iloilo
Business Park (Festive Walk
Mall) departure schedule.
• P2P bus fare is just Php 80
(one-way) from Airport to
Iloilo City (and vice-versa).
22
Development
Sicogon Airport
• Located in Carles, Iloilo.
• Property giant Ayala Land
Inc. (ALI) and joint venture
partner Sicogon Island
Development Corp.
(SIDECO).
• The Sicogon Airport (IATA
Code: ICO) is the former
airstrip that has been
redeveloped and opened in
2018.
23
Development
Sicogon Airport
• This project was made
possible by Ayala Land,
Inc (ALI) and Sicogon
Development Corp.
(SIDECO) which is part
of the Php10B Sicogon
Island Tourism Estate
project.
24
Development
Sicogon Airport
• The inaugural flight at
Sicogon Airport (October
2018).
• Via Airswift charter flights
from Manila to Sicogon
Island and vice versa.
• Initially plans to have 3
flights per week and hoping
it will increase depending on
passenger volume.
25
Access by Water
• RORO facilities were constructed at Lapuz
River Wharf which linked Cebu, Guimaras
(Jordan) and Puerto Princesa, Palawan plying
the western Strong Republic Nautical
Highway (SRNH).
• The Iloilo Port Complex located at Bo.
Obrero, Lapuz is considered as the leading
trade and commercial hub for Western
Visayas.
• The Iloilo Fishing Port Complex (IFPC) is the
center for fish trading and marine products
located at Tanza, Molo, Iloilo City.
• Several ports along the coastal areas in the
Province of Iloilo.
26
Development
Iloilo Port
• An unsolicited proposal by the
International Container
Terminal Services Inc. (ICTSI)
seeks to upgrade the existing
Iloilo Commercial Port
Complex into a world-class
port.
• It also intends to build a
terminal for cruise ship
passengers, to meet the
objectives of the National
Tourism Development Plan.
27
Development
Iloilo and Dumangas Port
• ICTSI last year submitted a
Letter of Intent to develop
the Iloilo Port Complex and
the Port of Dumangas for an
estimated investment cost of
over P8 billion. The proposal
involves modernizing the
ports’ infrastructure and
superstructure and
eventually managing and
operating the two Iloilo
ports.
28
Development
Iloilo and Dumangas Port
• It hopes to assist the port
authority in upgrading the
Philippine port network and
facilitating inter-island and
international cargo movement.
• Including the Port of Dumangas
in its proposal to prepare it for
the spill over of ships to be
handled in the city port.
29
Development
Iloilo Port
• Last Jan. 26 and 27, the MV
Pacific Venus ferried almost
800 Japanese tourists who
arrived to take part in the
Dinagyang Festival.
• The government said they
are studying putting up a
terminal for cruise ships at
Fort San Pedro, City Proper.
30
Access by Land
• National roads traverse from the southern
part of the province passing all the coastal,
upland and lowland municipalities that
stretches to the central and northern part
of the province.
• They connect vital economic
infrastructure such as the Iloilo
Commercial Port Complex, Iloilo Port in
Muelle Loney and the Iloilo Airport in
Cabatuan.
• A coastal road connects the Iloilo
Commercial Port to Dumangas that also
serve as an alternate route to the main
road. 31
Linkages and/or Facilities that should be
given Highest Priority for Improvement
Construction of the Leon-San Remegio Road

• One of the most strategic inter-provincial
links between Antique and Iloilo
province. Opening up the link is expected
to introduce dynamic exchanges between
Iloilo and Antique, further boosting the
access to International Airport located in
Cabatuan.
32
Metro Iloilo Road Network
• C 1 – The Metropolitan Circumferential
Road from Arevalo district running across
Mandurriao and Jaro districts and linking
up to the existing coastal road in Bgy.
Balabago.
• C 2 - From Leganes to Oton cutting across
Pavia and San Miguel and Sta. Barbara.
• C 3 - Iloilo-San Miguel-Sta. Barbara-New
Lucena to Dumangas Road
• C 4 - Tigbauan, Bancal-Cabatuan-New
Lucena to Dumangas Road
33
National Railway System
• In Panay Island, the proposed Trans Panay
Express has a 117 kilometer line starting from
Iloilo City to Roxas City and a possible
extension to Caticlan, Malay, Aklan.
34
The Strong Republic Nautical Highway
(SRNH)
• An intermodal transport system operated by
Roll-On-Roll-Off (RORO) facility linking
Mindanao via Roxas - Caticlan Route and
Negros Island via the Iloilo – Bacolod Route.
• The proposed Panay East – West Lateral Road
connecting Valderrama, Antique-Lambunao-
Calinog-Passi-Concepcion, Iloilo.
• Widening of major roads and bridges linking
major towns and other provinces.
35
Iloilo Investment and Insert or Drag & Drop Photo
Development
Iloilo-Guimaras Bridge
 The Phase 1 of Panay-Guimaras-Negros-
Cebu Bridge Network.
 Feasibility study of the inter-island bridge
connecting three major islands in Western
Visayas is expected to be completed
before 2020.
 The Proposed Panay-Guimaras-Negros
Island Bridges Project is undergoing a
feasibility study under CCC Highway
Consultants Co., Ltd. of the People’s
Republic of China.
 Iloilo-Guimaras Bridge will start in
Leganes Iloilo and will end in Buenavista,
Guimaras Source: www.pna.gov.ph 36
Information Technology-Business
Process Outsourcing (BPO)/Knowledge
Process Oursourcing (KPO)
37
IT-BPM Industry
 Iloilo City is recognized as a
Center for Excellence for IT-BPM Oper
ations
by the Department of Science and
Technology (DOST) and the IT and
Business Process Association of the
Philippines (IT-BPAP) because of the
development of a good ecosystem that
attracted multinationals and BPOs.
 Iloilo City was also declared the
top location for business environment a
nd risk management (BERM) with a sc
ore of 96 percent
because of its low vulnerability to natural
disturbances and business friendliness.
Inc.
 52 BPO companies* are currently Insert or Drag & Drop Photo
operating in Iloilo with over 22,000 full
time employees* while generating
84,000 indirect jobs.
 Over 30 tertiary institutions, including 8
universities, turn out approximately
20,000 competent college graduates every
year with degrees in business, teaching,
arts and science, medical and health-
related, agri-fisheries, engineering,
information technology, law and
criminology.
 These graduates are English-proficient,
highly trainable and immersed in
Western-oriented culture, and can
readily supply talent requirements of
service oriented industries.
Inc.
Tourism Industry
40
Tourism Industry
 Another sector that account for large
shares in the economy of the Province of
Iloilo is tourism. A quick review of the
tourism industry’s performance shows that
it is now the largest industry and still
growing.
 Tourism is one of the potential industries
in Iloilo in terms of competitiveness and
market share. Iloilo’s tourist destinations
are positioned to significantly contribute
to the growing economic sphere in this
part of the country. Located in the heart of
the Philippines, Iloilo will have a big
advantage as a popular site for seminars,
trainings and national conventions.
Inc.
Tourism Industry
Iloilo Dinagyang
Home of Philippines’ best tourism event,
the Iloilo Dinagyang Festival is one of
Fest300’s best festivals in the world as it
draws millions of people to celebrate the
Feast of the Child Jesus and is renowned for
its artistry, colorful display, and
extraordinary experiences.
Source: Department of Tourism VI 42

Tourism Industry
Isla Gigantes
 Features stunning beaches and tropical
islands, including Cabugao Gamay hailed
by Forbes as one of the most beautiful
islands in the world.
Miag-ao Chruch
 Vast collection of century-old churches
recognized by the National Historical
Institute of the Philippine government, to
include the Miag-ao Church a Baroque-
style, Spanish-era structure declared as a
UNESCO World Heritage Site.
Source: Department of Tourism VI 43
Tourism Industry
Iloilo Convention Center
 A major player in the meetings,

incentives, conventions and exhibit
(M.I.C.E.) destination, Iloilo is
attracting national conventions and
international summits of the
prestigious Asia Pacific Economic
Cooperation (APEC) in 2015 and
the Association of Southeast Asian
Nations (ASEAN) in 2017.
Inc.
Tourism Industry
Development of Sicogon Island
 Sicogon Island is being developed by

SITEC (Sicogon Island Tourism Estate
Corp.) a joint venture of Sicogon
Development Corporation and Ayala
Land Hotels.
 The island has now an operational airport
for tourists.
 However, there is an ongoing dispute on
the development of Sicogon Island.
Source: Manila Bulletin 45

Tourism Industry
Iloilo Esplanade Still Expanding
 The Iloilo Esplanade is a peaceful
promenade that runs alongside
the Iloilo River. It is one of best showcases
of the city’s efforts to rehabilitate and
protect the Iloilo River and promote active
lifestyles. It is also a popular tourist spot
where visitors can enjoy a leisurely stroll
and the serene views along the river.
 Iloilo Esplanade, the longest park in the
country now covers 8.1 km.
Source: https://www.pna.gov.ph/articles/1076211 46
Tourism Industry: Museums
Western Visayas Regional Museum
 What used to be the Iloilo provincial jail is
now an extension of the Regional Museum
and is being prepared to house five galleries
showcasing the rich history and culture of
Western Visayas.
Museum of Philippine Economic History
• The Museum of Philippine Economic History,
which is a first of its kind in the country,
opened last February.
• The structure, which is located at JM Basa St,
Iloilo City, was formerly owned by one of the
country’s biggest trading firms, the Ynchausti
y Compania, of the Ynchausti family. Source: https://alpha.pia.gov.ph/features/articles/1025387
47
Tourism Industry: Museum
Iloilo Museum of Contemporary Art

(ILOMOCA)
 The Iloilo Museum of Contemporary Art
(ILOMOCA) is the first museum in the
Visayas region dedicated to modern and
contemporary art. It aims to enrich the
community life of Iloilo province by way
of exhibitions and outreach programs.
 ILOMOCA is located at the Casa
Emperador Building, in the heart of the
Iloilo Business Park Township.
Source: https://ilomoca.org/ 48
Real Estate Industry
49
The Rise of Condominiums
 Iloilo’s residential market remains

primarily horizontal (house and lots), but
international real estate management
company Colliers is seeing a growing
attractiveness in condominium living
especially in the city’s major business
district.
 Iloilo’s residential market is primarily
horizontal with about 22,000 units at the
end of 2018. Meanwhile, there are only
about 2,170 vertical or condominium
units at the end of 2018.
Source: Panay News, 06/06/2019 50

Thank You
Marc Myer G. De Asis
Ann Balledos
Adela Daniela Tungala
Noreen Sevilla
Angel Posadas

Iloilo's Promising Economy Driven by Investments and Developments

Uploaded by

Document Information

Original Title

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

Iloilo's Promising Economy Driven by Investments and Developments

Uploaded by

Copyright:

Available Formats

ILOILO

Source: Iloilo Economic Development Foundation, 4

The Province of Iloilo is known for its

Records show that hogs (swine) also

 In the Province of Iloilo in 2007 was pegged

 Iloilo ranked first in corn production in Region

 Top corn producing municipalities in the Province

There are several areas that have been planted

• Premium P2P bus service

Construction of the Leon-San Remegio Road

Source: Department of Tourism VI 42

 A major player in the meetings,

 Sicogon Island is being developed by

Source: Manila Bulletin 45

Iloilo Museum of Contemporary Art

 Iloilo’s residential market remains

Source: Panay News, 06/06/2019 50

You might also like