OPPORTUNITIES

Compostela Valley Province

It lies at the midpoint of south-eastern Mindanao, flanked on all sides by varying economic bases such as the agri-forestry and mining industries of Agusan del Sur on the north, the agri-forestry-fishery of Davao Oriental on the east and south, fishery-ecotourism-maritime gateway to Davao gulf on the south, commercial and trading hub of Tagum City, and the agri-forestry-plantation economy of Davao del Norte on the west and south-west.  The province is a major artery in the flow of commerce and trade through the Davao-Agusan national highway.

Distance in Time

four-wheel-vehicle-travel
Three-hour travel to Butuan City from the Capital town of Nabunturan
aerial-travel-distance-in-time
One-hour 30-minute travel from Davao City International Airport
coastal-travel-distance-in-time
One-hour 30-minute travel from Sasa Wharf of Davao City

Areas of Investment

Agriculture

Food production (corn, palay, fruits), Industrial crop production (rubber, coffee, oil palm, cacao, banana, etc.), aquaculture

Comval is an agribusiness investment haven in Davao Region:

No. 1 in coffee production

No.1 in ginger production

No. 1 in yam production

No. 1 in rubber production

Compostela Valley is a paradise for investments in fruits

No. 1 producer of rambutan

No. 1 producer of lanzones

No. 2 producer of durian

No. 2 producer of calamansi

No. 2 producer of mangosteen

Manufacturing and Processing

Food processing, bottling, light manufacturing (garments, footwear, toys, wares), heavy manufacturing (shipbuilding, heavy metal machinery, mining

Tourism

Hotels and inns, restaurants, vehicle rentals, resorts, tours, parks, ecotourism site development, sports stores, souvenir shop

Property Development

Industrial/ real estate, convention centre, residential area development, commercial/ office building

Social Services

Medical and wellness (clinics, fitness gyms, etc.)

Commerce and Trade

Bank branches, malls and shopping centres, wholesale and retail, franchising

Environment

Incinerator, wastewater treatment facility

Transportation and Communication

Trucking operations, business process outsourcing, cell sites

ICT Development Projects

Call Centres, etc.

Renewable Energy Development Projects

Geothermal power generation Hydro-power

Logistics

Port facilities, water utilities

SectionPublic-Private Partnership (PPP) Projects

Transshipment Hub, economic zones

Export Oriented Projects

Crops and other raw or finished products

Incentives

Exemption in the payment of tax on buildings, machinery, and other improvements for one year. The exemption pertains only to the 35% real property share of the province.

Fiscal Incentives

  • Up to 50% exemption in the payment of Franchise Tax.
  • The exemption granted shall take effect upon the issuance of a Certificate of Registration

Non-Fiscal Incentives

  • One-Stop-Shop centre for simplified documentation/ registration procedures
  • Assistance in the negotiation of special rates for industries with a minimum load of at least 1,000 kilowatts
  • Assistance in site selection and the negotiation for right of way

Green Investments Incentives

A deduction of Php 100 for every fruit tree planted by an enterprise for one year from the real property tax but not to exceed 30% of the enterprise’s RPT payment for the year.

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