Investment Generation Activities

Despite the absence of a Local Investment Incentives Code, Bataan was able to generate new investments and encourage existing industries to expand on their operations. Take the case of the Petron Bataan Refinery who infused another multi-million dollar investment on petrochemical feedstock facilities, the Petro Fluidized Catalytic Cracking Unit and Propylene Recovery Unit. Another one is the PNOC Alternative Fuels Corporation that will use Jatropha plants as source of biofuels, which is located inside the PNOC Petrochemical Park in Mariveles. The Ayala Land Corporation, developer of Anvaya Cove, the most complete leisure park in Asia which is located in Morong town. The operation of the new P650-million San Miguel Foods Incorporated, a producer of animal feeds where half of its production is intended for its own feed requirements bannered by SMC B-Meg Feed Mill, is another locator in Mariveles.

Governor Enrique T. Garcia Jr is the number one investment promotion officer of the Province. Middle of 2007, the Governor together with Congressman Abet Garcia, Mayor Joet Garcia and Mayor Jessie Concepcion were invited by the Chinese government to observe the operation of power plants in China. The China trip produced an agreement between Bataan and the Chinese Government to establish a 600 megawatt, $822-million clean coal-fired power plant in Mariveles. The project will be undertaken through GN Powers Corp., a power utility company affiliated with Hydro Mac, a corporation owned by the Republic of China.

This only shows that investors are not only after the fiscal or tax incentives an LGU can offer. They give more considerations on the location, the skilled manpower, availability of raw materials for their businesses, the peace and order situation, accessibility to airport and seaport facilities (Subic, Clark and Manila), infrastructure facilities, good road network, and the presence of multi-national industries that give credence to Bataan as a complete investment destination.

On the LGU side, Bataan implements the best streamlined procedure on the issuance of business permits and licenses. The nightmare of most businessmen in securing necessary business documents is now over with the presence of twelve (12) Business-One-Stop-Shops, ideal and traditional, province wide.

The Provincial government may also provide the following:

1. Support to maintain industrial peace and security;

2. Assistance in securing direct source of electric power, water supply, and telecommunication services;

3. Assist in site selection and facilitates negotiation for Road-Right–of- Way;

4. Assist in labor recruitment and arbitration;

5. Assistance in the negotiation of special rates for industries with a minimum load of at least 1000 kilowatts; and

6. Other assistance as the Provincial Government may provide.




Related Links:


Bataan Provincial Investment Promotion Plan (2008-2010)
Strategic Location of the Province
Proximity & Accessibility
Water & Power Utilities
Agricultural Produce
Cost of Doing Business
Investment Areas
Investment Priority Areas
Investment Incentives

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