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 |
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 |
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 |
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 |
Low Crime Rate | |
Harmonious Relationship between civil and military authorities | |
Serene and simple lifestyle in Rustic Rural Setting |
The provincial government and business sector of Palawan welcome the private sector for joint investments in the following areas:
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 |
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 |
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