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Why Invest in Palawan?

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1. Strategic Location

Part  of the Brunei Darussalam, Indonesia, Malaysia, Philippines East Asean Growth Area (BIMP-EAGA)
Strategically located at the international shipping lanes
Accessible and potential transshipment points of goods for Asian countries and nearby provinces in the Philippines
Offers various incentives for investors and prospective businessmen

2. Endowed with Natural Resources

Biggest province in the Philippines with an area of 14,896 square kilometers
Rich Fishing Ground with first class marine life
Vast Potential in agricultural development
The country's only oil producing province with natural gas reserves of approximately 3.o trillion cubic feet
With various scenic spots , water falls, white sand beaches ad lakes for tourism related development

3. Development Oriented Political and Business Leaders

        Local executives and business leaders through the Provincial Development Councils have laid down foundations for investment promotion, such as :

Setting up of Investors Business Assistance Center
Establishment of Provincial Economic Enterprise Development Office
Innovative and self-reliant local governance providing stimulus for private sector involvement in the pursuit of developmental goals and vision
Upgrading of infrastructure for international seaport and airport development

4. Booming Business Economy

Economic and agricultural business growth of 20% per annum
Influx of tourist, entrepreneurs and investors
Considerable increase in product exports
Presence of 30 financing institutions providing on-line Automated Teller Machine banking service
Offers a wide range of business opportunities for prospective investors
With world-class recreational facilities and amenities

5. Stable Peace and Order Situation

Low Crime Rate 
Harmonious Relationship between civil and military authorities
Serene and simple lifestyle in Rustic Rural Setting

 

INVESTMENT PRIORITY AREAS 

        The provincial government and business sector of Palawan welcome the private sector for joint investments in the following areas:

SERVICES

Establishment of ice and cold storage facilities
Inter-Island boat cruise service
Transport service linking Palawan to major markets of Brunei, Indonesia and Malaysia
Electric Power Supply Generation

AGRI-INDUSTRY

Food processing (seaweed, mango, cashew, among others)
Fish processing (fillet and canning)
Pearl Farming & Refining
Industrial tree plantations
Cattle breeding and feedlot establishment
Feeds production for livestock industry

INDUSTRIAL FACILITY DEVELOPMENT

Tourist facility establishment (theme parks and island resorts)
Agri-industrial estates (for light, environment friendly industries)
Eco-tourism estates
Air, sea and land transport facilities

source: Provincial Government of Palawan Investors Guide

CLICK HERE FOR PALAWAN REAL ESTATE PROPERTIES FOR SALE