The Wayback Machine - https://web.archive.org/web/20081020235837/http://www.pto-princesa.com:80/palawan/why.htm


  Why Visit, Reside or Invest in Palawan?                   



1. STRATEGIC LOCATION

  • Part of the Brunei Darussalam, Indonesia, Malaysia, and Philippines East Asian
    Growth Area (BIMP-EAGA).
  • Strategically located at the international shipping lanes.
  • Accessible and potential transshipment point of goods for Asian countries and nearby provinces of the Philippines.
  • With existing 5 airports and 7 airstrips currently servicing direct flights.
  • Typhoon and earthquake free area.
  • Major tourist destination province in the Philippines.
  • Cleanest and greenest province in the Philippines.
  • Offers various incentives for investors and prospective businessmen.

2. ENDOWED WITH VAST NATURAL RESOURCES

  • Biggest province in the Philippines with an area of 14,896 sq. km
  • Vast potential in agricultural development.
  • The country's only oil producing province with natural gas reserves of approximately
    30 trillion cubic feet.
  • With various scenic spots, falls, white sand beaches and takes for tourism related
    development.
  • Rich Fishing grounds with first class marine products.

3. DEVELOPMENT ORIENTED POLITICAL AND BUSINESS LEADERS

  • Local executives and business leaders through the Provincial Development Councils have laid down the foundations for invest promotion, such as:
    • Setting up of Investors Business Assistance Center.
    • Establishment of the Provincial Economic Enterprise Development Office.
    • Innovation and self-reliant local governance providing stimulants for private sector
    • involvement in the pursuit of development goals and visions.
    • Upgrading of infrastructure for the international sea port and airport development.

4. BOOMING BUSINESS ECONOMY

  • Economic and agricultural business growth at 20% per annum
  • Influx of tourists, entrepreneurs and investors
  • Considerable increase in product exports.
  • Presence of 29 financing institutions providing on-line Automated Teller Machine
    banking service.
  • With world-class recreation 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.





 

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