investment promotions brochure

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Products Milkfish (OTOP) Salt Rattan and bamboo furniture Candle-making Lanot (hemp) paper and lighting Food processing – nata de coco, kaong Woodcraft Find out more If you would like to discuss potential investment in our locality, please contact us. M U N I C I P A L I T Y O F L E G A N E S www.uswag-leganes.gov.ph Tel: +63333295566 E: [email protected] Rooted in culture, Development driven Iloilo, Philippines

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Page 1: Investment Promotions Brochure

Products Milkfish (OTOP) Salt Rattan and bamboo furniture Candle-making Lanot (hemp) paper and lighting Food processing – nata de coco,

kaong Woodcraft

Find out more If you would like to discuss potential investment in our locality, please contact us.

MU

NIC

IPALITY OF LEGAN

ES

www.uswag-leganes.gov.ph Tel: +63333295566

E: [email protected]

Rooted in culture, Development driven

Iloilo, Philippines

Page 2: Investment Promotions Brochure

A location with all the right connections Leganes is a coastal town in the Province of Iloilo, located in the middle of the Philippine Islands. It can distribute goods easily to other parts of Luzon, Visayas and Mindanao. Leganes is accessible by air through the Iloilo Airport; by water through the nautical highway linked by roll-on-roll-off ship carriers connecting the rest of the Philippines. It also serves as a gateway to the northern part of the Panay Island. There is an established telecommunication system, making possible for the connection of internet and telephone lines to commercial and industrial locators. Another boost to the investment potential of the municipality is the realization of the proposed bridge that will connect Leganes to the island provinces of Guimaras and Negros. Occidental.

Attractive Investment Propositions Leganes Industrial Growth Center (IGC) Special Economic Zone Leganes occupies a strategic position in the trading route of Asia-Pacific countries. The natural geographic features of Leganes make it one of the few locations in the country that can be developed as a world class industrial center with a contiguous deep water port in a well-sheltered anchorage. It has a shallow foreshore that is technically feasible and economically viable for reclamation. The IGC is positioned for medium and heavy industries, ship repair and building with wharf facilities. The IGC occupies 177.6 hectares, approved by the Philippine Economic Zone Authority (PEZA), under Resolution No. 97-144. More Propositions Residential communities A good mix of vibrant cultural and

natural resources with untapped potential for ecotourism

Aquaculture opportunities in fish farms and salt beds

Fiscal Incentives* 1. Exemption from payment of all

business taxes imposed under the Revenue Code;

2. Exemption from payment of all the Municipality’s inspection and examination of book fees;

3. Exemption from payment of the 40% municipal share and 25% barangay share of the real property tax.

Period of Exemption

Duration of Incentives Capital Investment

(Php) Pioneering Non-

pioneering 1,500,000.00 – 3,000,000.00

1 year 1 year

3,000,001.00 – 5,000,000.00

2 years 1 year

5,000,001.00 – 10,000,000.00

3 years 2 years

10,000,001.00 – 20,000,000.00

4 years 3 years

20,000,001.00 – 50,000,000.00

5 years 4 years

More than 50,000,000.00

6 years 4 years

*Incentives shall be subject to the Department of Trade and Industry regulations, Foreign Investment Act of 1991 (R.A. 7042), Local Government Code of 1991 (R.A. 7160), Omnibus Investment Code of 1987 (E.O. 2260), Bureau of Internal Revenue regulations, and other pertinent Philippine laws granting incentives.