executive brief on aurora property

EXECUTIVE BRIEF FOR A

20,000-HECTARE PROPERTY Municipalities of Dipaculao and Dinalungan,

Aurora Province, Philippines

Prepared by: T I E R R A D E O R O REALTY & DEVELOPMENT CO., INC. Email: [email protected]

The property straddles two municipalities,

Dipaculao and Dinalungan, in the

northeastern Luzon province of Aurora. It is

around 243 kilometers northeast of Metro

Manila.

The property is located around 40 to 50

kilometers from the Aurora Pacific Economic

Zone (APECO), a special economic zone that

was established in 2007, which is located in

the neighboring municipality of Casiguran.

The area is accessible by land via the

Bongabon-Baler Road or the Canlili-

Pantabangan Road. Once the international

port and airport at APECO are built then the

property will also be accessible by air and

water transportation.

Dipaculao and Dinalungan are small municipalities

with a combined total population of around 40,000

people. This will change once the APECO is fully

operational.

T I E R R A D E O R O REALTY & DEVELOPMENT CO., INC.

The property is around 20,400 hectares facing the

Philippine Sea and has a shoreline frontage of 21,700

meters (21.7 kilometers) long including stretches of

white sand beach. It’s still mostly raw land with small

areas being planted with coconut and other agricultural

crops.

Cemented roads

passing through the

property


The property has almost 22 kilometers of frontage on the

shoreline facing the Philippine Sea. It also has a waterfall

in one area and the entire property has an ample supply

of water from several rivers and creeks originating from

Sierra Madre mountain range. It is located near the

mouth Casiguran Bay which provides good shelter from

storms because of the Sierra Madre mountain range and

the San Ildefonso Peninsula.


This road runs through the property and

covers a distance of around 20 kilometers

through the property. The road is around 1 to

1 and ½ km from the shoreline. This gives us

an interior frontage of around 20 kilometers

on both sides. In addition, another road going

to the northern province of Isabela is also

being built running through the property. The

roads are expected to be completed by 2013.

Casiguran-Baler Road

There is currently a national road being built between

the provincial capital of Baler and the APECO located

in the town of Casiguran with a budget of around Php 1.68 Billion (around US$42 Million).

Ongoing construction-Isabela Road


The size of the property and its

location along the coast allows

for many different kinds of

projects:


• Large-scale agricultural

projects

• Agro-industrial ventures

• Industrial parks

• Township developments

• Aquaculture projects

• Leisure parks/resorts

large-scale agricultural ventures

It should be noted that

coconut water export shot

up by 80% in the last year or

so adding to the many

potential products from

coconuts. There are already

several thousand coconut

trees existing on the

property.

Other crops that would be

ideal would be rice, corn,

banana, palm, rubber and

coffee.

For agricultural projects the most

ideal would be coconut and copra,

since Aurora used to be part of

Quezon province, the Philippines’

biggest producer of coconut, copra

and other coconut-based products.


large-scale agricultural ventures

These activities will also

complement the other

agricultural activities by

providing a natural and organic

source of fertilizer from the

manure produced by these

activities.

On the parts of the property that

are sloping, crops like cassava and

corn can be planted. Except for

rice, all other crops are export

crops with large worldwide

demands.

Cattle-raising, poultry and hog-

farming can also be done due

to the sheer size of the

property.


agro- industrial ventures

With a substantial agricultural base, other agro-

industrial projects such as mills, processing plants,

chicken dressing plants and refineries can also be

established providing value-added services for its

agricultural products. India, in particular, imports

huge amounts of palm oil, whether crude or refined

for its cooking oil needs.

Rubber oil, which is used for making waterproof

adhesives or sealants, is also on high demand.

Cassava and corn crops can be turned into bioethanol

or biodiesel end products through a refinery and can

be exported through the port being built at APECO.

These can all be built or produced on site to

complement the agricultural portion of the project.


aquaculture projects

Aquaculture projects can also be done since the

property has a very long coastline frontage. The

area is also abundant in tuna and other

commercial fish species and can also be used for

hatcheries and other aquaculture projects.

Value-added services can include canning and

processing of the fish that are captured or grown

in the projects. One interesting aquaculture

product is seaweed, which has applications both

as a food and for industrial food production, and

where the Philippines has some of the best

technology in the world.


industrial projects

Industrial projects can include an industrial

park and even a shipbuilding or a ship repair

complex. A port is also possible although and

international port is being built at the APECO.

Industrial locators can easily ship their goods

out via the port and airport being built at the

APECO, which is also true for the agricultural

projects.

The close proximity to these infrastructure

facilities will mean cheaper transportation

costs for the manufacturers/producers.


Tourism Industry

Leisure resorts and other recreational projects can

also be developed, particularly beachfront resorts.

Tourist activities will not be limited exclusively to

beach activities as there are other natural attractions

in the interior of the property which can be developed

into an eco-tourism project or a health spa/farm. The

Tourism Bill signed into law a few years ago provides

incentives such as tax holidays, tax breaks on capital

equipment, and resident visas for foreign workers for

any area that can be classified as a Tourism Ecozone.

The construction of the new airport and international

seaport in the APECO will make it easy to attract and

bring foreign tourists.


Other Possibilities: Residential

Development

The development of APECO will lead to the

growth and progress of the area, and any project

that will bring in jobs will result in urbanization.

Foreign principals can also develop township

projects where they can build communities which

allow their citizens to live, work and play in an

environment where everything can be secured

and accessible. Retirement communities alone

would be a huge market considering the aging

populations in Japan, Singapore, and Europe. All

these developments and economic activities

will result in the need for further residential and

commercial expansions.


Other Possibilities: Mineral Development

/ Mining Prospects & Sustainable Logging

There is a possibility of mineral development

or mining potential in the area - which is

known to old local folks as “Gold Country”.

But this has to be confirmed through further

geological survey. Another possible source of

economic activity is selective logging and the

growing of hardwood trees that can be logged.

This type of sustainable logging can be possible

in spite of the current logging ban in the

Philippines.

The opening of APECO, for which the

government has already spent close to Php 1

Billion (US$25 Million) to develop, is expected

to spark economic growth in this area. The

government is also spending an additional Php

2.7 Billion (US$61 Million) to build an

international seaport and to upgrade the

existing airport to accommodate international

flights. APECO will become the economic and

tourism center of the eastern portion of the

country.



The property is legally titled under the laws of

the Republic of the Philippines, all inquiries &

negotiations may be coursed thru its consultants

– Tierra De Oro Realty & Development Co., Inc.

( email: [email protected] ) or

Mr. E.L. Salas ( email: [email protected] ).

The property is open for sale, lease, joint

venture, or other forms of cooperative

arrangements, partially or fully.

The seemingly endless possibilities on the

property make it an ideal project for foreign

investors or conglomerate who can handle large-

scale developments or multiple projects.

The size of the property can answer business and

food security concerns of the interested

companies, institutions and/or agro-industrial

investment funds.

mailto:[email protected]

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executive brief on aurora property

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