CEBU 2016

ECONOMIC FACTBOOK
veco.com.ph
WHY CEBU ?

Cebu has consistently demonstrated its capability to sustain an

excellent economic track record.

It continues to hold great promise and offers exciting potential for

further success. It is the fastest growing economy in the Philippines.

Cebu’s export growth rate for the past 5 years has averaged
considerably higher than that of the country and any other province
in the Philippines.

It is the country’s leading exporter of furniture, fashion accessories, toys

and housewares, and carrageenan. It is the most accessible province in
the Philippines, with more domestic air and sea linkages than Manila.

Cebu’s export growth rate for the past 5 years has

averaged considerably higher than that of the
country and any other province in the Philippines.

Cebu is the base of over 80% of the country’s inter-island shipping capacity.

It is the tourism gateway for Central and Southern Philippines.

Cebu holds one of the best records for peace & order in the country.

Majority of its labor force is working in non-agricultural sectors.

Cebu has all the necessary elements, including a growing and balanced
infrastructure development, to be competitive, attractive and
sustainable for investments. It is a cosmopolitan area with all the
support facilities and amenities needed for an ideal lifestyle.

1
GEOGRAPHY AND DEMOGRAPHICS

Cebu is strategically located in the Philippines, an archipelago in Southeast Asia.

DEMOGRAPHICS

Map of the Philippines highlighting Cebu with municipalities and cities.

Location Center of the Visayan Islands

569 km. South of Manila
Area 5,000 sq. km.
Topography Elongated; approximately 250
Km. long and 45 Km. at its
widest point. Predominantly
rugged and mountainous.
Its highest peak is 1,000
meters above sea level.
Climate Generally fair, temperature
range: 23-33 degrees Celsius/
73-91 degrees Fahrenheit
Languages Local Dialects: Cebuano /
Tagalog (98% of the
population)International
Dialects: English
and Mandarin
Capital Cebu City
Population As of the 2010 National
census, the island of Cebu
had a population of over
4.2 million people.
Economy The three pillars of the
Cebu economy in Cebu are
manufacturing, services and
tourism. Around 500 foreign
companies are located
in Cebu.

2
CLIMATE

Cebu’s climate is subtropical, with temperature and rainfall fairly distributed

throughout the year.

Average Temperature and Rainfall

2012 2013 2014 2015 2016

MONTHS
°c mm °c mm °c mm °c mm °c mm
January 27.0 202.6 27.2 124.7 25.7 270.7 26.7 81.5 27.4 116.4
February 26.7 262.7 27.3 145.6 26.6 10.2 26.8 87.9 27.4 90.6
March 27.5 143.2 28.5 3.8 27.4 98.8 27.6 34.7 28.4 4.3
April 28.7 51.2 29.6 15.8 28.4 67.8 29.0 42.4 29.9 1.2
May 29.1 90.2 29.6 157.1 29.8 63.3 29.8 18.0 30.1 166.1
June 29.0 72.2 28.8 322.7 29.6 164.9 29.0 227.7 29.2 213.4
July 28.0 358.6 28.2 280.7 28.3 246.5 28.4 152.1 28.4 378.6
August 29.3 31.4 28.2 220.0 28.9 262.1 28.4 294.7 28.4 21.0
September 27.9 400.2 29.2 63.2 27.6 193.3 28.1 228.2 29.0 240.0
October 28.2 141.5 28.6 111.7 28.0 317.1 28.5 125.9 28.5 401.2
November 28.2 71.1 27.9 156.5 28.4 115.8 28.8 34.0 27.9 159.7
December 27.6 145.0 28.2 56.0 27.6 173.1 28.0 98.4 28.0 193.7
Total Rainfall 1,969.9 1,657.8 1,983.6 1,425.5 1,986.2
Ave. Temp 28.1 28.4 28.0 28.3 28.6
Source: PAGASA – Mactan, Cebu

AVERAGE TEMPERATURE (°c) IN 2016

AVERAGE RAINFALL (mm) IN 2016

3
TRANSPORTATION AND INFRASTRUCTURE

Cebu is the economic hub and gateway of Central and Southern

Philippines. There are several daily flights between Cebu and most
cities in the country.

Air freight to and from Cebu is reliable and efficient with major
international and local couriers such as DHL, TNT, UPS, FEDEX, LBC
and 2GO operating here.

4
DOMESTIC AND INTERNATIONAL FLIGHTS

Air routes
The number of domestic and international flights to and from Cebu’s
Mactan International Airport is constantly increasing. Cebu has regular
direct flights to and from domestic and international destinations.

Domestic Destinations: International Destinations:

Bantayan Island Davao Ozamis Chengdu Incheon Nagoya
Bacolod Dipolog Pagadian Chongqing Jinjiang Osaka
Biliran, Leyte Dumaguete Puerto Prinsesa Daegu Kuala Lumpur Pusan/Busan
Butuan El Nido Roxas Dubai Kunming Singapore
Cagayan de Oro General Santos Siargao Fuzhou Taipei Xiamen
Calbayog Iloilo Siquijor
Camiguin Kalibo Surigao Guangzhou Tokyo
Caticlan Legaspi Tacloban Hongkong Narita
Clark Manila Tandag
Coron Masbate Zamboanga
Cotabato Ormoc

Cebu to International Destinations

Air Traffic
As of April 2017

ARRIVAL
Passengers 2012 2013 2014 2015 2016
Domestic 2,628,271 2,681,756 2,585,190 2,900,603 3,230,338
International 754,209 806,546 842,192 1,000,890 1,209,750
Cargo (in kgs)
Domestic 24,959,695 28,340,299 23,941,983 36,931,782 32,335,958
International 6,183,863 7,241,365 7,341,541 9,734,079 7,536,459
Flights
Domestic 24,610 26,942 22,354 24,592 28,059
International 4,813 5,457 5,808 6,680 7,889
General Aviation 19,418 12,221  10,870  9,452 8,791

DEPARTURE
Passengers 2012 2013 2014 2015 2016
Domestic 2,629,670 2,688,173 2,574,919 2,868,501 3,163,945
International 759,168 819,637 837,548 1,011,245 1,226,605
Cargo (in kgs)
Domestic 18,455,514 18,207,743 15,139,703 28,446,942 17,640,870
International 7,374,535 7,945,055 7,707,058 9,619,420 9,412,548
Flights
Domestic 24,632 27,012 22,297 24,258 27,745
International 4,833 5,534 5,822 6,683 7,850
General Aviation 19,740 12,206  10,875 9,443 8,664
Source: Mactan – Cebu International Airport Authority (MCIAA)

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SHIPPING

Cebu is home to the biggest seaport outside of Manila. Being at the center
of the Philippine archipelago, its strategic location allows access to more
domestic and international destinations.

Main facilities include:

Domestic Port
Total area: 21 hectares (has.)
Berthing space: 3,838 meters (m)
Controlling draft: 6.5 meters (m) at MLLW
Features: 3 Finger piers designed for conventional and Roll-on Roll-off (Ro-Ro) vessels
2 Passenger terminals for inter-island trips
2 Ferry boat terminals for Cebu-Mactan ferry boats
with Ro-Ro links to ports in Luzon, Visayas and Mindanao
International Port
Total area: 14 hectares (has.)
Back-up area: 10 hectares (has.)
Berthing space: 512 meter (m)
Controlling draft: 9 meters (m)
Features: One stop shop, regular direct
calls to Hong Kong, Singapore,
Taiwan, Vietnam, Malaysia
and Indonesia

CEBU PORT STATISTICS

Domestic
YEAR 2012 2013 2014 2015 2016
CARGO THROUGHPUT (in metric tons) 21,148,353 22,130,554 25,616,048 32,067,003 36,420,058
CONTAINER TRAFFIC (in TEUs)
Fulls
Inbound 191,858 188,436 196,453 195,742 226,760
Outbound 115,602 114,048 123,534 123,440 150,441

SHIPCALLS 99,176 111,140 107,931 111,279 127,735

PASSENGER TRAFFIC
Disembark 8,091,600 8,671,864 8,272,926 9,182,203 10,243,827

Foreign
YEAR 2012 2013 2014 2015 2016
CARGO THROUGHPUT (in metric tons) 7,865,945 8,403,414 9,387,520 10,274,721 12,308,703
CONTAINER TRAFFIC (in TEUs)
Fulls
Inbound 113,047 116,718 127,501 138,755 161,772
Outbound 46,128 47,850 59,214 64,260 71,133

SHIPCALLS 970 952 1,005 1,076 1,163

PASSENGER TRAFFIC
Disembark 8,114,014 8,415,984 8,039,499 9,024,013 9,954,795

Source: Cebu Port Authority (CPA)

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POWER SUPPLY

Electricity in Cebu is 220 volts 60 Hz. Power is generated from both

renewable and non-renewable sources.
Existing Visayas Power Interconnections

Cebu Power Data

ELECTRICITY SALES AND CONSUMPTION (in Megawatts)
Electric Cooperatives 2012 2013 2014 2015 2016
Residential 201,855 214,665 147,332 537,958 608,658
Commercial 103,590 106,872 78,128 250,306 293,503
Industrial 34,454 45,939 61,287 149,042 255,494
Others 95,902 104,139 41,814 262,416 182,302
Total Sales 435,802 471,615 328,560 1,199,722 1,339,957

Own-use 1,095 1,099 1,026 2,241 1,806

System Loss 140,001 145,747 136,697 132,224 147,182
Total Consumption 576,898 618,461 466,283 1,334,187 1,488,945
of Electric Coops
PIOUs
Residential 624,062 663,528 673,763 896,888 999,945
Commercial 368,815 380,247 375,026 464,112 505,129
Industrial 1,543,141 1,625,649 1,582,398 1,941,904 1,963,157
Others 23,744 23,772 24,219 50,649 170,595
Total Sales 2,559,762 2,693,196 2,655,406 3,353,553 3,638,826

Own-use 2,683 2,567 1,958 3,888 4,320

Systems Loss 226,481 208,701 219,647 259,739 258,098
Total Consumption
2,788,926 2,904,464 2,877,011 3,617,180 3,901,243
of PIOUs
Direct Connections
(Ecozones, Non-Utility 891,406,802 929,703,926 789,796,373 566,583,183 729,363,040
Customers, Others)
Visayas Generator 10,945,895 8,533,873 227,665,417 240,380,364 280,321,569
Customers (Station Use)
Source: Department of Energy Region VII (DOE 7)
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POWER SUPPLY (Con’t.)

WATER

Source: Metropolitan Cebu Water District (MCWD)

BANKS

Most major banks in the Philippines have regional offices/branches in Cebu

There are also a number of rural and cooperative banks.
Allied Banking Corp. Mactan Air Base Savings & Loan Assn.
AIG Philam Savings Bank, Inc. Malayan Bank
Asia United Bank Maybank Phil., Inc. - Cebu Branch
ASPAC Rural Bank, Inc. Metro-Cebu Public Savings Bank
Banco de Oro Savings & Mortgage Bank Metropolitan Bank & Trust Co.
Banco de Oro Unibank Inc. National Teachers & Employees Coop. Bank
Banco de Oro Universal Bank Pen Bank
Banco Filipino Savings & Mortgage Bank Philippine Bank of Communications
Bank of the Philippine Islands Phil. Savings & Loan Assn., Inc.
BPI Family Bank Philippine National Bank
BPI Family Savings Bank, Inc. Phil. Savings Bank
Bank of Commerce Philtrust Bank - Cebu
China Banking Corporation Philippine Veterans Bank
Chinatrust (Phils.) Commercial Bank Corp. Planters Development Bank
CTBC Bank RCBC Savings Bank
Citibank NA Rizal Commercial Banking Corp.
City Savings Bank Robinsons Bank
Cooperative Bank of Cebu Robinsons Savings Bank Corp.
Development Bank of the Philippines Rural Bank of Cebu
East West Banking Corporation Sugbuanon Bank of Cebu
Equicom Savings Bank Security Bank Corporation
First Consolidated Bank Sun Savings Bank
First Agro Industrial Rural Bank, Inc. Standard Chartered Bank
HongKong & Shanghai Banking Corp. Ltd. Union Bank of the Philippines
Land Bank of the Philippines United Coconut Planters Bank
Wealth Development Bank Corp.
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TELECOMMUNICATIONS

Modern land lines with IDD, Fiber Optic data lines and Internet
providers are available in most areas. GSM digital and digital cellular
networks provide good coverage in the city and much of the province.
International roaming is supported.

List of Telecommunications Service Providers in Cebu

Leased Line & BroadBand Access Services

SERVICE PROVIDER COVERAGE ACCESS TECHNOLOGY

Eastern Telecommunication Phils., Inc. Cebu City MICROWAVE - Point to Point

Globe Telecommunication, Inc. Nationwide DSL, Mobile Broadband (3G/LTE)
CANOPY, TD-LTE, WIMAX,
Smart Communications, Inc. Nationwide Mobile, Broadband (3G/LTE)
PLDT-Smart Nationwide FTTH, DSL, CANOPY, WIMAX, TD-LTE
Easy Call Communications Phils., Inc. Nationwide VSAT
List of ISPS (Internet Setvice Provider)/ VAS (Value Added Services) that offer Broadband Services
VAS SERVICE PROVIDER COVERAGE ACCESS TECHNOLOGY
ITECH RAR Solutions, Inc. Cebu City FTTH
PACIFIC CATV, Inc. Cebu City DOCSIS 3.0, FTTH/FTTB
Sky Cable Corporation (Sky Broadband) Nationwide VSAT
Responsible Internet Sustainability Effort Inc. Cebu City FTTH
Source: National Telecommunications Commission

EXPORTS

Top 10 Export Markets

TOP 10 MARKETS PHILIPPINE MERCHANDISE EXPORTS OF CEBU
FOB VALUE IN MILLIONS US$ FOR THE YEAR 2012-2016
MARKET 2012 2013 2014 2015 2016
Value Share Value Share Value Share Value Share Value Share
Total of Cebu Exports 4,516 100 4,061 100 5,077 100 4,282 100 4,251 100
1 Japan 1,768 45.84% 1,005 30.31% 1,694 38.66% 1,049 28.89% 1,318 35.66%
2 USA 635 16.48% 732 22.07% 875 19.96% 696 19.16% 594 16.07%
3 Hong Kong SAR 453 11.75% 469 14.15% 484 11.05% 477 13.14% 545 14.74%
4 China, People’s Rep. Of 302 7.84% 261 7.86% 453 10.33% 497 13.69% 405 10.95%
5 Thailand 183 4.75% 83 2.51% 157 3.59% 247 6.79% 239 6.47%
6 Korea, Rep. Of (South) 110 2.85% 155 4.67% 136 3.11% 137 3.78% 152 4.12%
7 Taiwan (Rep. Of China) 90 2.34% 106 3.18% 173 3.94% 177 4.88% 145 3.93%
8 Singapore 135 3.49% 177 5.33% 138 3.15% 120 3.31% 125 3.38%
9 Germany 116 3.00% 275 8.30% 189 4.31% 140 3.86% 84 2.27%
10 Netherlands 64 1.66% 54 1.64% 83 1.90% 91 2.51% 89 2.40%
Total of Top 10 3,856 3,316 4,382 3,632 3,695

NOTE: Based on international trade data from the Philippine Statistics Authority (PSA) as processed by DTI-EMB, as of May 08, 2017
*PERCENT SHARE FOR MARKET BASED ON THE TOTAL CEBU EXPORTS

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 EXPORTS

Top 10 Export Products

TOP 10 MERCHANDISE EXPORTS OF CEBU
FOB VALUE IN MILLIONS US$ FOR THE YEAR 2012-2016

2012 2013
Product Group 2012 (% Share) To Product Group 2013 (% Share)
2012 Total Exports 2013 To Total
Rank Rank
Total Phil Exports 4,516 100 Total Phil Exports 4,061 100
1 Medical Supply /Device 1,110 24.58% 1 Electronics 1,105 27.20%

2 Electronics 998 22.09% 2 Construction Materials 370 9.12%

3 Electricals 301 6.67% 3 Electricals 315 7.76%

4 Special Transactions 296 6.55% 4 Machinery 301 7.42%

5 Glass Manufactures 286 6.33% 5 Garment /Textile 284 7.00%

6 Garment /Textile 207 4.59% 6 Glass Manufactures 219 5.39%

7 Transport 196 4.33% 7 Metal Manufactures 173 4.25%

8 Timepieces 119 2.64% 8 Transport 144 3.56%

9 Machinery 107 2.37% 9 Furniture /Furnishings 140 3.44%

10 Processed Food 100 2.22% 10 Timepieces 127 3.12%

Product Group 2014 2014 Product Group 2015 2015

2014 (% Share) 2015 (% Share)
Rank Rank
Total Phil Exports 5,077 100 Total Phil Exports 4,282 100
1 Electronics 1,235 24.33% 1 Electronics 1,032 24.11%

2 Transport 1,068 21.03% 2 Transport 669 15.62%

3 Garment /Textile 412 8.11% 3 Minerals 307 7.17%

4 Electricals 319 6.29% 4 Machinery 260 6.07%

5 Machinery 241 4.75% 5 Electricals 259 6.05%

6 Furniture /Furnishings 188 3.70% 6 Garment /Textile 208 4.85%

7 Minerals 188 3.70% 7 Special Transactions 178 4.17%

8 Glass Manufactures 184 3.62% 8 Furniture /Furnishings 145 3.39%

9 Processed Food 147 2.89% 9 Glass Manufactures 141 3.30%

10 Marine /Aquaculture 144 2.83% 10 Timepieces 133 3.11%

2016 2016
2016 Product Group 2016 (% Share) 2016 Product Group 2016 (% Share)
Rank To Total Rank To Total
Total Phil Exports 4,251 100
1 Transport 1,074 25.26% 6 Minerals 147 3.46%

2 Electronics 986 23.19% 7 Furniture /Furnishings 147 3.46%

3 Special Transactions 374 8.80% 8 Fashion Accessories 109 2.57%

4 Electricals 250 5.88% 9 Carrageenan 103 2.43%

5 Machinery 169 3.99% 10 Marine /Aquaculture 102 2.41%

NOTE: Based on international trade data from the Philippine Statistics Authority (PSA) as processed by DTI-EMB, as of May 08, 2017
*PERCENT SHARE FOR MARKET BASED ON THE TOTAL CEBU EXPORTS

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EXPORTS

Top 10 Export Markets & Products

2012 2013
Top Markets % to total Top Products % to total Top Markets % to total Top Products % To total
export export export export

Japan 45.84% Medical

device
supply / 29.84% Japan 30.31% Electronics 34.76%

USA 16.48% Electronics 26.82% USA 22.07% Construction 11.65%

materials
Hong Kong SAR 11.75% Electricals 8.10% Hong Kong SAR 14.15% Electricals 9.91%
China, People’s 7.84% Special 7.95% Germany 8.30% Machinery 9.48%
Rep. of transactions
Thailand 4.75% Glass 7.68% China, People’s 7.86% Garment / 8.95%
manufactures Rep. of textile
Singapore 3.49% Garment / 5.58% Singapore 5.33% Glass 6.88%
textile manufactures
Germany 3.00% Transport 5.26% Korea, Rep. of 4.67% Metal 5.44%
(South) manufactures
Korea, Rep. of (South) 2.85% Timepieces 3.21% Taiwan (Rep. of China) 3.18% Transport 4.55%
Taiwan (Rep. of China) 2.34% Machinery 2.88% Thailand 2.51% Furniture/ 4.40%
furnishings
Netherlands 1.66% Processed food 2.70% Netherlands 1.64% Timepieces 3.99%

2014 2015

Top Markets % to total Top Products % To total Top Markets % To total Top Products % To total
export export export export
Japan 38.66% Electronics 29.95% Japan 28.89% Electronics 30.98%
USA 19.96% Transport 25.89% USA 19.16% Transport 20.07%

Hong Kong SAR 11.05% Garment

textile
/ 9.99% China,
Rep. of
People’s 13.69% Minerals 9.21%

China, People’s Rep. of 10.33% Electricals 7.74% Hong Kong SAR 13.14% Machinery 7.80%
Germany 4.31% Machinery 5.85% Thailand 6.79% Electricals 7.78%

Taiwan (Rep. of China) 3.94% Furniture/

furnishings 4.55% Taiwan (Rep. of China) 4.88% Garment
textile
/ 6.24%

Thailand 3.59% Minerals 4.55% Germany 3.86% Special

transactions 5.35%

Singapore 3.15% Glass

manufactures 4.45% Korea, Rep. of (South) 3.78% Furniture /
furnishings 4.35%

Korea, Rep. of (South) 3.11% Processed

food 3.55% Singapore 3.31% Glass
manufactures 4.24%

Netherlands 1.90% Marine /

aquaculture 3.48% Netherlands 2.51% Timepieces 4.00%

2016

Top markets % to total Top Products % to total Top markets % to total % To total
export export export export
Japan 35.66% Transport 31.02% Korea, Rep. of (South) 4.12% Minerals 4.25%
USA 16.07% Electronics 28.47% Taiwan (Rep. of China) 3.93% Furniture / 4.25%
furnishings
Hong Kong SAR 14.74% Special 10.80% Singapore 3.38% Fashion 3.16%
transactions accessories
China, People’s Rep. of 10.95% Electricals 7.22% Netherlands 2.40% Carrageenan 2.98%
Thailand 6.47% Machinery 4.89% Germany 2.27% Marine / 2.95%
aquaculture
SOURCE: BOC, MEZ, Philexport

INVESTMENTS
SECURITIES & EXCHANGE COMMISSION BOARD OF INVESTMENTS
YEAR 2012 2013 2014 2015 2016 YEAR 2012 2013 2014 2015 2016
No. of Investments
Registered 1,253 1,294 1,308 1,424 1,613 (in billion pesos) 44.92 7.92 9.31 25.62 29.48
Corporations
Investments 1,325.69 500.25 1,199.12 2,088.88 1,195.52 DEPARTMENT OF TRADE & INDUSTRY
(in million pesos)
No. of New 12,445 12,261 13,770 14,920 15,588
Registered 162 135 182 162 165 Business
Partnerships
Investments 108.26 63.16 67.72 95.93 74.24 SOURCE: Securities And Exchange Commission (SEC),
(in million pesos) Board of Investments (BOI), Department of Trade and Industry (DTI)

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 ECONOMIC ZONES

Source: Philippine Economic Zone Authority (PEZA)




LIST OF OPERATING ECONOMIC ZONES
As of 30 April 2016



NAME OF LOCATION DEVELOPER/ LAND CORPORATE
ECONOMIC ZONE OPERATOR AREA NATIONALITY
(in has.)
AGRO-INDUSTRIAL
.

1 Carmen Cebu Gum Cogon West, Carmen, Pacific Poly 7.599 100% Filipino
Industrial Zone Cebu City Gums Holdings
Corporation
Manufacturing


1 Cebu Light Basak, Lapu-lapu City, Cebu Light 62.49 100% Filipino
Industrial Park Mactan, Cebu Industrial Park, Inc.

2 Cebu South South Reclamation City Government 295.69 100% Filipino
Road Properties Project, Cebu City of Cebu

3 Mactan Lapu-Lapu City, Philippine Economic 119.37 100% Filipino
Economic Zone Mactan, Cebu Zone Authority

4 Mactan Ecozone II Basak, Lapu-lapu City Aboitiz Land, Inc. 63.30 100% Filipino
Mactan, Cebu

5 MRI Ecozone Sabang, Mitsumi Realty, Inc. 28.29 99% Filipino &
Danao City, Cebu Industries, Inc. 1% Japanese

6 New Cebu Cantao-an, MRC Allied 86.16 100% Filipino
Township Naga, Cebu

7 West Cebu Arpili & Bunoy, Cebu Industrial 169.92 60% Filipino &
Industrial Park Balamban, Cebu Park Developers, Inc. 40% Japanese

TOURISM

1 Phil. BXT Corp. Barangay Maribago, Philippine BXT Corp 7.50 98.57% Korean;
Tourism Economic Lapu-Lapu City, 1.34% American
Zone Province of Cebu & .09% Filipino

2 SM Seaside City SM Prime Holdings, Inc Cebu South Road 30.41 100% Filipino
Tourism Economic Zone Properties Complex,
Cebu City

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 ECONOMIC ZONES

LIST OF OPERATING ECONOMIC ZONES

As of 30 April 2016
NAME OF LOCATION DEVELOPER/ LAND CORPORATE
ECONOMIC ZONE OPERATOR AREA NATIONALITY
(in has.)

I.T. PARKS AND I.T. CENTERS

1 A. D. Gothong IT Center National Highway, Alpa Land, Inc. 0.15 100% Filipino
Subangdaku, Mandaue City

2 Arcenas Estate IT Center Banawa Hills, Arcenas Development
Barangay Labangon, Corporation 1.28 100% Filipino
Cebu City

3 Benedicto I.T. Center A.S. Fortuna St., Bakilid, FLB Prime Holdings, Inc. 0.25 100% Filipino
Mandaue City, Cebu

4 Bigfoot IT Park Barangay Mactan, Bigfoot Properties, Inc. 1.92 60.000% Filipino;
Lapu-Lapu City, .001% American; &

Island of Mactan 39.999% German
5 CBP-IT Park Barangays Mabolo, Luz, Cebu Holdings, Inc. 50.00 86.76% Filipino; &
Hipodromo, Carreta, and 13.24% Foreign
Kamputhaw, Cebu City

6 Cebu I.T. Tower Corner Mindanao and Loreta Realty and 0.23 100% Filipino
Bohol Streets, Cebu Development
Business Park, Cebu City Corporation

7 Cebu IT Park (Formerly Lahug and Apas, Cebu Property Ventures 23.70 100% Filipino
Asia Town Information Cebu City and Dev't. Corporation
Technology Park)

8 Creativo IT Center Cebu Business Park, Lexmark Research & 0.16 100% Filipino
Cebu City, Province of Cebu Development Corporation

9 Crown 7 I.T. Center Juan Luna Avenue, Crown Realty 0.19 100% Filipino
Mabolo, Cebu City, Cebu Development
Corporation
10 DG3 I. T. Center 72 N. Escario St. corner DG3 Corporation 0.33 100% Filipino
F. Ramos Extension,
Capitol Site, Cebu City

11 Filinvest Cebu Salinas Drive, Lahug, Filinvest Land Inc. 1.2290 100% Filipino
Cyberzone Cebu City
12 FLB Corporate Center Arch. Reyes Avenue, FLB Industries, Inc. 0.23 100% Filipino
Mabolo, Cebu City

13 GAGFA IT Center F. Cabahug Street, GAGFA Estate Ventures, Inc. 0.32 100% Filipino
Barangay Kasambangan,
Cebu City

14 HDMF-WTCI IT Tower Mindanao Avenue, Cebu WT Construction, Inc. 0.22 100% Filipino
Business Park, Cebu City
15 HVG Arcade IT Park HVG Arcade, Subangdaku, Taipan Development, Inc. 7.51 100% Filipino
Mandaue City

16 JESA Building 90 General Maxilom Avenue, JESA Management 0.20 100% Filipino
Cebu City Corporation

17 JMALL IT Center A.S. Fortuna Street, Everjust Realty 3.026 100% Filipino
Bakilid, Mandaue City, Cebu Development
Corporation

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 ECONOMIC ZONES

LIST OF OPERATING ECONOMIC ZONES

As of 30 April 2016

NAME OF LOCATION DEVELOPER/ LAND CORPORATE

ECONOMIC ZONE OPERATOR AREA NATIONALITY
(in has.)
I.T. PARKS AND I.T. CENTERS



18 JY Square IT Center Salinas Drive, Lahug, JOVIMA Management 0.88 100% Filipino
Cebu City & Development Corp.

19 JY Square IT Center II Salinas Drive, Lahug, JOVIMA Management 0.40 100% Filipino
Cebu City & Development Corp.

20 JY Square IT Center III Salinas Drive, Lahug, JOVIMA Management 0.53 100% Filipino
Cebu City & Development Corp.
21 Keppel Center Cardinal Rosales Keppel Center
Avenue corner Samar Loop, Condominium 0.26 100% Filipino
Cebu Business Park, Cebu City Corporation

22 KRC I.T. Building Lopez Jaena Street,
Subangdaku, Mandaue City,
Cebu Kimhee Realty Corp. 0.66 100% Filipino

23 Lexmark Plaza Cebu Business Park, Cebu City Efficient Holdings, Inc. 0.52 100% Filipino

24 Mango Square Maxilom Avenue corner Ludo & Luym 1.37 100% Filipino
Juana Osmeña Street, Development Corp.
Cebu City
25 Oakridge IT Center A.S. Fortuna Street, Banilad, Oakridge Realty 0.07 100% Filipino
Mandaue City Dev't. Corporation

26 Pioneer House Cebu Lot 8, Block 14, Cardinal Pioneer Insurance & 1.10 94% Filipino;
Rosales Ave., Cebu City Surety Corporation 5% American;
& 1% Chinese

27 Robinland IT/ Zuellig Ave., Mandaue Robinland, Inc. 0.25 100% Filipino
BPO Center Reclamation Area,
Mandaue City,
Province of Cebu

28 Robinsons Don Gil Garcia Street,
Cybergate Cebu Barangay Capitol Site, Robinsons Land 0.48 100% Filipino
Cebu City Corporation
29 Synergis IT Center F. Cabahug Street, Synergis Development 0.46 100% Filipino
Kasambangan, Cebu City Corporation

POPULATION & ANNUAL GROWTH RATES

Population Growth Rate

Province
1990 2000 2010 1990 - 2000 - 1990 -
2000 2010 2010
Bohol 948,403 20.64% 1,139,130 19.96% 1,255,128 18.46% 1.85 0.97 1.41
Cebu 2,646,517 57.61% 3,356,137 58.81% 4,167,320 61.28% 2.40 2.19 2.30
Negros Oriental 925,272 20.14% 1,130,088 19.80% 1,286,666 18.92% 2.02 1.31 1.66
Siquijor 73,932 1.61% 81,598 1.43% 91,066 1.34% 0.99 1.10 1.05
TOTAL 4,594,124 100.00% 5,706,953 100.00% 6,800,180 100.00%

SOURCE: National Statistics Office

14
TOURISM

The warm hospitality of its people, its

white sandy beaches and surrounding
rich coral reefs, make Cebu a favorite
international tourism destination.

TOP 10 VISITORS (BY NATIONALITY)

2011 2012 2013

Country Country Country

# of % to # of % to # of % to
of of of
Tourists Total Tourists Total Tourists Total
Residence Residence Residence

Korea 384,547 50.30% Korea 432,270 48.62% Korea 510,963 50.23%

Japan 155,842 20.39% Japan 194,432 21.87% Japan 195,230 19.19%
USA 72,796 9.52% USA 84,268 9.48% USA 92,258 9.07%
China 25,891 3.39% China 28,325 3.19% Australia 34,658 3.41%
Australia 23,090 3.02% Australia 27,589 3.10% Taiwan 31,497 3.10%
Germany 14,434 1.89% Germany 16,346 1.84% China 31,392 3.09%
United 13,494 1.77% United 16,346 1.84% Canada 20,078 1.97%
Kingdom Kingdom
Singapore 11,650 1.52% Singapore 12,401 1.39% United 19,271 1.89%
Kingdom
Russia 8,603 1.13% Russia 12,135 1.36% Germany 16,066 1.58%
Canada 11,199 1.46% Canada 11,862 1.33% Russia 15,510 1.52%
Others 42,900 5.61% Others 53,165 5.98% Others 50,392 4.95%
Total 764,446 100.00% Total 889,139 100.00% Total 1,017,315 100.00%

2014 2015 Jan-Nov 2016

Country Country Country
# of % to # of % to # of % to
of of of
Tourists Total Tourists Total Tourists Total
Residence Residence Residence
Korea 563,483 47.16% Korea 621,471 47.90% Korea 711,644 49.32%
Japan 236,170 19.77% Japan 284,251 21.91% Japan 314,997 21.83%
USA 110,715 9.27% USA 119,210 9.19% USA 133,285 9.24%
Australia 42,418 3.55% China 56,504 4.36% China 86,544 6.00%
China 31,936 2.67% Australia 41,838 3.22% Australia 41,698 2.89%
United 31,034 2.60% Taiwan 21,128 1.63% Taiwan 26,907 1.86%
Kingdom
Canada 23,112 1.93% United 25,800 1.99% United 25,583 1.77%
Kingdom Kingdom
Germany 19,633 1.64% Germany 25,147 1.94% Germany 22,098 1.53%
Singapore 19,312 1.62% Canada 23,921 1.84% Canada 19,809 1.37%
Hong Kong 16,186 1.35% Singapore 17,074 1.32% Singapore 16,517 1.14%
Others 100,723 8.43% Others 61,052 4.71% Others 43,788 3.03%
Total 1,194,722 100.00% Total 1,297,396 100.00% Total 1,442,870 100.00%

Source: Department of Tourism DOT – Region 7 (DOT 7)

HOTEL
Cebu has a wide range of hotel accommodations, from luxury deluxe class
hotels to back-packer dormitories. Many major hotel chains, including
Marriott, Shangri-la, Marco Polo, Radisson Blu and
Movenpick, operate in the city and on Mactan Island.
15
16
YEARLY VISITOR ARRIVALS BY REGIONAL GROUPING
YEAR 2012 2013 2014 2015 Jan-Nov 2016 HOTELS
Country of Residence % Share from Growth % Share from Growth % Share from Growth % Share from Growth % Share from Growth
Total Arrivals Rate Total Arrivals Rate Total Arrivals Rate Total Arrivals Rate Total Arrivals Rate # of # of
Classification Establish- Rooms
Philippine Residents ments
Filipino nationality 1,205,300 54.04% 9.73% 1,417,270 54.55% 17.59% 1,603,981 53.14% 13.17% 1,595,411 51.39% -0.53% 1,817,941 52.47% 13.95%
Deluxe 4 1,377
Foreign nationality 16,735 0.75% 30.30% 21,977 0.85% 31.32% 45,570 1.51% 107.35% 23,037 0.74% -49.45% 19,545 0.56% -15.16%
Total Philippine Residents 1,222,035 54.79% 9.96% 1,439,247 55.39% 17.77% 1,649,551 54.65% 14.61% 1,618,448 52.13% -1.89% 1,837,486 53.03% 13.53% 1st Class 3 1,004
Non-Philippine Residents Standard 15 2,306
Asia
ASEAN 24,082 1.08% 12.18% 28,444 1.09% 18.11% 43,021 1.43% 51.25% 38,864 1.25% -9.66% 37,728 1.09% -2.92% Economy 19 1,302
TOURISM (Con’t.)

East Asia 674,249 30.23% 14.93% 782,785 30.13% 16.10% 859,169 28.47% 9.76% 1,002,570 32.29% 16.69% 1,156,169 33.37% 15.32%
Tourist Inn 14 650
South Asia 6,335 0.28% -9.64% 9,032 0.35% 42.57% 12,534 0.42% 38.77% 14,305 0.46% 14.13% 11,951 0.34% -16.46%
Middle East 5,968 0.27% -13.42% 8,694 0.33% 45.68% 14,662 0.49% 68.65% 16,540 0.53% 12.81% 18,785 0.54% 13.57% Apartelle 1 29
America Pension 29 953
North America 96,834 4.34% 14.84% 113,665 4.37% 17.38% 136,168 4.51% 19.80% 144,668 4.66% 6.24% 155,691 4.49% 7.62%
South America 868 0.04% 22.60% 1,259 0.05% 45.05% 2,955 0.10% 134.71% 2,621 0.08% -11.30% 4,049 0.12% 54.48% Unclassified 48 1,478
Europe Total 133 9,099
Western Europe 42,606 1.91% 9.73% 45,634 1.76% 7.11% 55,726 1.85% 22.12% 63,920 2.06% 14.70% 61,444 1.77% -3.87%
Northern Europe 40,228 1.80% 29.53% 47,558 1.83% 18.22% 60,008 1.99% 26.18% 57,598 1.86% -4.02% 55,219 1.59% -4.13%
Southern Europe 7,791 0.35% 7.58% 8,087 0.31% 3.80% 11,045 0.37% 36.58% 12,496 0.40% 13.14% 15,782 0.46% 26.30%
RESORTS
Eastern Europe 13,140 0.59% 40.00% 16,737 0.64% 27.37% 12,648 0.42% -24.43% 10,938 0.35% -13.52% 9,857 0.28% -9.88% # of # of
Classification Establish- Rooms
Australasia/Pacific 30,886 1.38% 22.03% 39,468 1.52% 27.79% 49,388 1.64% 25.13% 48,933 1.58% -0.92% 48,603 1.40% -0.67% ments
Africa
AAA 5 429
Nigeria 110 0.00% 77.42% 116 0.00% 5.45% 347 0.01% 199.14% 1,089 0.04% 213.83% 520 0.02% -52.25%
South Africa 1,041 0.05% 88.89% 950 0.04% -8.74% 1,056 0.03% 11.16% 1,441 0.05% 36.46% 1,218 0.04% -15.48% AA 5 419
Others & Unspecified Residences 53,165 2.38% 23.93% 50,392 1.94% -5.22% 100,723 3.34% 99.88% 61,052 1.97% -39.39% 43,788 1.26% -28.28%
A 9 272
Total Non-Philippine Residents 997,303 44.72% 15.64% 1,152,821 44.37% 15.59% 1,359,450 45.04% 17.92% 1,477,035 47.58% 8.65% 1,620,804 46.78% 9.73%
Overseas Filipinos* 10,985 0.49% 10.03% 6,182 0.24% -43.72% 9,321 0.31% 50.78% 9,144 0.29% -1.90% 6,491 0.19% -29.01% SIR 23 490
Total Guest Arrivals 2,230,323 100.00% 12.43% 2,598,250 100.00% 16.50% 3,018,322 100.00% 16.17% 3,104,627 100.00% 2.86% 3,464,781 100.00% 11.60% Unclassified 93 1,079
Total Philippine Residents 1,222,035 55 9.96% 1,439,247 55.39% 17.77% 1,649,551 54.65% 14.61% 1,618,448 52.13% -1.89% 1,837,486 53.03% 13.53%
Total Non-Philippine Residents 997,303 44.72% 15.64% 1,152,821 44.37% 15.59% 1,359,450 45.04% 17.92% 1,477,035 47.58% 8.65% 1,620,804 46.78% 9.73% Total 135 2,689
Total Overseas Filipinos 10,985 0.49% 10.03% 6,182 0.24% -43.72% 9,321 0.31% 50.78% 9,144 0.29% -1.90% 6,491 0.19% -29.01% Source: DOT – Region 7 (DOT 7)
 WORKFORCE
LABOR FORCE, EDUCATION & SOCIAL INFRASTRUCTURE

Cebu’s workforce is known to be highly skilled, innovative and efficient.

Most of them are college and university graduates across many fields.
English is widely spoken.

Household population 15 years old and above and employment status: Region 7 2012-2016
INDICATOR 2012 2013 2014 2015 2016
Household Population 15 years 4,788 4,886 4,978 5,074 5,075
old and above ('000)
Labor Force ('000) 3,145 3,161 3,304 3,418 2,866
Employed ('000) 2,922 2,962 3,114 3,215 2,713
Underemployed ('000) 604 448 550 592 434
Unemployed ('000) 223 199 190 203 153
Employment Rate (%) 92.9% 94.0% 94.0% 94.1% 94.7
Unemployment Rate (%) 7.1% 6.3% 6.0% 5.9% 5.30%
Underemployment Rate (%) 20.7% 15.2% 18.5% 18.4% 15.70%
Source: Bureau of Labor and Employment Statistics, Dept. of Labor and Employment (Region 7).

EDUCATION

NO. OF COLLEGES
Cebu is the educational hub of the Central and Southern Philippines with
72 colleges and 31 universities located within Cebu City and Cebu Province.
YEAR 2015-2016 2016-2017
(Male-Female) Enrolment Graduates Enrolment Graduates
Discipline Group Male Female Total Male Female Total Male Female Total Male Female Total
General 414 1,823 2,237 73 314 387 437 1,521 1,958 76 443 519
Education Science &
6,233 28,079 34,312 734 3,599 4,333 5,417 24,885 30,302 639 3,603 4,242
Teacher Training
Fine & Applied Arts 582 845 1,427 21 58 79 391 650 1,041 39 89 128
Humanities 475 1,026 1,501 61 161 222 314 889 1,203 41 91 132
Religion & Theology 129 64 193 26 9 35 99 55 154 37 36 73
Social & Behavioral Sciences 1,444 3,510 4,954 238 518 756 1,110 2,534 3,644 152 466 618
Business Administration 12,948 28,302 41,250 1,860 4,806 6,666 13,038 26,365 39,403 2,077 5,269 7,346
& Related
Law and Jurisprudence 873 1,130 2,003 108 103 211 545 788 1,333 78 116 194
Natural Science 590 747 1,337 109 123 232 407 671 1,078 141 223 364
Mathematics 145 242 387 15 29 44 118 196 314 24 41 65
IT-Related 9,515 6,578 16,093 1,145 1,071 2,216 7,948 5,456 13,404 1,074 857 1,931
Medical & Allied Courses 4,431 10,892 15,323 669 1,575 2,244 3,190 7,162 10,352 592 1,228 1,820
Trade, Craft & Industrial 1,722 1,896 3,618 659 301 960 1,527 1,008 2,535 1,554 1,128 2,682
Engineering 23,934 11,724 35,658 2,765 1,201 3,966 20,881 9,763 30,644 2,922 1,414 4,336
Architectural & Town 1,347 1,209 2,556 112 97 209 1,263 1,087 2,350 110 93 203
Planning
Agricultural, Forestry
903 1,237 2,140 90 101 191 733 1,043 1,776 108 144 252
& Fisheries
Home Economics - 4 4 6 6 12 - - - - 5 5
Service Trades 1,353 4,913 6,266 228 785 1,013 927 3,387 4,314 119 539 658
Mass Communication & 195 608 803 24 140 164 173 529 702 37 115 152
Documentation
Other Disciplines 4,683 2,214 6,897 572 321 893 4,874 1,990 6,864 452 281 733
Maritime 17,655 489 18,144 4,163 458 4,621 14,521 422 14,943 1,388 39 1,427
Masteral 2,914 5,898 8,812 802 1,339 2,141 3,097 6,991 10,088 463 911 1,374
Doctoral 667 1,071 1,738 165 250 415 850 1300 2,150 124 236 360
TOTAL 93,152 114,501 207,653 14,645 17,365 32,010 81,860 98,692 180,552 12,247 17,367 29,614
Source: Commission on Higher Education (CHED) – Region 7.

17
 DOING BUSINESS IN CEBU
FREQUENTLY ASKED QUESTIONS (FAQs)
1. I am a foreigner and would
like to invest in the Philippines.
What is the first thing I should do?
For Single Proprietorship:
An applicant has to submit to the
Department of Trade and Industry (DTI) a
completed DTI Form No. 17 (Application
to Do Business in the Philippines) and
DTI Form No. 16 (Application for Business
Name Registration), together with the
following requirements:
• Copy of passport and Alien Certificate
of Registration, if any
• A notarized appointment of Filipino
Resident Agent, biodata of Filipino
Resident Agent, and one (1) valid
government-issued ID
• Authority to verify bank account/bank
certificate of deposit
• Proof of inward remittance of foreign
currency for non-resident alien, or Bank
Certificate of Deposit for resident alien
• Copy of valuation report from the
Bangko Sentral ng Pilipinas if investment
includes assets other than foreign
exchange
• Clearance/Certification from the
Department of Science and Technology,
Philippine National Police, etc.,
if applicable
• Biodata of foreign investor and
project brief (description of business
to be registered)
• Two (2) recently taken 2”x 2” size picture
The registration process is as follows:
a. The DTI Officer interviews
the applicant
b. If the applicant is qualified, DTI
issues Forms 16 and 17, and
collects the following fees: 
Business Name Registration
——
(depending on scope, choose from
one below):
—— Barangay – Php200
—— City/Municipality–Php500
—— Regional – Php1,000
—— National – Php2,000
—— Documentary Stamp Tax-Php15
The applicant submits the completed
Forms 16 and 17 as well as the above
requirements.
c. The DTI Officer checks Form 17 and
verifies preferred business name.
18
d. If documents are complete,
DTI processes the application
within 15 days. 
e. DTI issues the Authority to Do
Business in the Philippines and
the Business Name Certificate,
and collects:
—— Filing Fee – Php500
—— Registration Fee – Php 5,000
Contact Address:
Department of Trade and Industry (DTI)
3/F, LDM Bldg., M.J. Cuenco Ave.
cor. Legaspi St., Cebu City  6000
Tel. No.: (6332) 255-7082 loc. 109
Fax No.: (6332) 254-0840 / 412 1856
E-mail: cebuinvestmentassistance
@gmail.com URL: www.dti.gov.ph
For Corporation and Partnerships:
An application form shall be
submitted to the SEC,
a. In the case of new Domestic
Corporation or Partnership:
Articles of Incorporation/Partnership
Name Verification Slip
Bank Certificate of Deposit
By-Laws
Confirmation of Corrections
• Undertaking to change name (not
necessary if using SEC blank forms)
• ACR/ICR, SIRV (Special Investors
Resident Visa), Visa # 13 of the
alien subscribers
• Proof of Inward Remittance
(for non-resident aliens)
• Registration Data Sheet
• Treasurer’s Affidavit
b. In the case of a foreign corporation:
Name Verification Slip
• Certified Copy of Board Resolution
authorizing the establishment of
an office in the Philippines and
designating a resident agent
• Financial statements for the
immediately preceding year at the
time of filing of the application,
certified by an independent
Certified Public Accountant of the
home country
• Certified copies of the Articles of
Incorporation/Partnership with an
English translation thereof if in a
foreign language
Proof of Inward Remittance
Foreign Company Information Sheet
c. If applicable, clearance from other
involved agencies, e.g. DOST, DND/
PNP, etc.
SEC registration process:
a. Investor presents application
to SEC.
b. SEC preprocesses the application.
c. If approved, the investor pays
filing fees: (payable in cash,
manager’s or cashier’s check
payable to SEC)
—— Articles of Incorporation – 1/5 of 1% or
the Authorized Capital Stock but not
less than P1,000.00
—— Add: By-Laws – P510.00
—— Add: Legal research fee (1% of Filing
fee of Articles of Incorporation)
—— Add: SEC Bulletin of P10.00
d. SEC processes and evaluates
documents. Processing time is one
(1) week, if using the “Express Lane”.
e. If approved, SEC issues certificate
of registration.
Contact Address:
Securities and Exchange Commission (SEC)
SEC Building, V. Rama Ave., 6000 Cebu City
Tel. No.: (6332) 416 9339
After registration with either the DTI or
SEC, you may proceed to the municipal
or City Hall where your business will be
located, to obtain the required Mayor’s
Permit.
Note: If you sell more than 40% of your
product/service in the domestic market,
your initial paid-in capital under the
amended Foreign Investments Act (R.A.
8179) must not be less than Two Hundred
Thousand US dollars (US$200,000); if
your business would involve advanced
technology as determined by the
Department of Science and Technology
(DOST) or it would employ at least fifty
(50) direct employees, a minimum paid-
in capital of One Hundred Thousand
dollars (US$100,000) is allowed.
Mayor's Business Permit Requirements
For issuance of Assessment
for Payments
Duly filled out application form with
sketch. (Duly signed by the owner if
Single proprietor or by the authorized
representative if corporation/
partnership/cooperative)
• Photocopy of one valid I.D of
the signatory
• Contract of Lease or Tax Declaration
of Land & Building and Certificate
of Property Holdings
• Barangay clearance
• Sanitary/ Health Certificate
• Fire Safety Inspection Certificate
• Environment Compliance
• Certificate of Registration from
Department of Trade and Industry
(DTI) for Single Proprietorship/
Securities and Exchange Commission
(SEC) for Corporation/ Cooperative
Development Agency (CDA) for
Cooperatives
For the issuance of Business
Tax Payment Certificate
• Assessment Sheet
• Original Copy of Official Receipts
of payment for business taxes,
fees and charges
• Original Copy of Community Tax
Certificate of the current year
(A&B/C&C1)
• Duly accomplished and notarized
application form
For Verification of Mandatory
Requirements and Issuance of
Mayor’s Business Permit (must
be complied within 60 days from
the date of inspection by the Joint
Inspection Team (JIT)) present
original and photocopy of the
following:
• All of the documents enumerated
under I and II above
• Barangay Clearance where the
business is located with the official
receipt of payment
• SSS, PHILHEALTH, and
PAG-IBIG Clearance
• Sanitary Permit together with
the List of Employees duly certified
by the City Health Officer
• Environmental Compliance
Certificate issued by CCENRO
• Fire Safety Inspection Certificate
• If Lessor- Real Property Tax
Clearance or Certificate of Property
Holdings; If Lessee -Contract of
Lease if renting the building and/or
land (submit 2 photocopies)
• BIR issued Certificate of Registration
(COR) and/or BIR form No. 0605
• Community Tax Certificate
of Employees
19
 DOING BUSINESS IN CEBU
• Occupational Tax and Professional
Tax of Employees
• Official Receipt of the Registration of
Weights and Measures if engaging with
Weights and Measures
• Approved Joint Inspection Team Report
• Other Requirements from National
and/or Local Government Agencies  the Philippines? What options
as the case maybe (Additional
Requirements based from the Joint
Inspection Team Remarks)
Process in Getting a Business Permit
• Submit duly filled-out application form
with all the requirements attached to the
evaluator or encoder for evaluation and
assessment.
• Pay the assessed amount at CTO
Ground Floor
• Submit Official Receipt as evidence of
the payment of the amount assessed
and Community Tax Certificate to the
in-charge at CTO Second Floor Business
Permit Section.
• Submit Business Tax Payment Certificate
(BPTC), duly notarized Application Form
and Assessment Sheet for Inspection at
Ground Floor, BPLO.
• Comply the remarks indicated by the
inspectors of the Joint Inspection Team (JIT) .
• Submit requirements to Mayor's business
permit for verification & printing.
Contact Address:
City Treasurer’s Office/
Mayor’s Business Permit
Cebu City Hall
Tel. No: (6332) 255-8755
(6332) 253-2703
2. What are my rights and privileges as
a foreign investor?
As a foreign investor, the following are your
rights and privileges:
• Right to repatriate the entire proceeds of
the liquidation of the investments in the
currency in which the investment was
originally made at the exchange rate at
the time of repatriation.
• Right to remit earnings from the
investments in the currency in which the
investment was originally made at the
exchange rate at the time of remittance.
• Right to payments of interests and
principal on foreign loans and contracts.
• Properties represented by the investments
or of the enterprises shall be exempted
from expropriation by the government
except for public use or in the interest of
national welfare and defense.
20
• The government except for public
use or in the interest of national
welfare and defense shall not
demand properties represented by
the investments or of the enterprise.
3. Can I, a foreigner, own land in
do I have?
No. As mandated by the Constitution,
only Philippine nationals or 60%
Filipino-40% foreign-owned companies
may acquire land in the country.
Foreigners, however, can lease land
for a period of 50 years with the
option of extension for another
25 years.
Also, foreigners may own buildings.
4. What advantages do I get in
locating in an industrial estate?
Locating Inside an Economic Zone
Cebu has a number of Economic
Zones where industrial and utility
infrastructures are in place, and where
attractive incentives are provided to
locators. There are several advantages
in locating in the Economic Zones.
Income tax holiday of 4-8 years
• Tax and duty free importation of
Capital equipment, Spare Parts,
Materials and Supplies, Breeding
Stocks and Genetic Materials
• Exemption from taxes, and in lieu
thereof, special 5% tax reate on
Gross Income.
• Tax credit for import substitution
and domestic capital equipment
• Exemption from wharfage dues,
export tax impost fees
• Additional Deduction for Training
Expenses (Labor and Management)
• Permanent Resident Status for
Foreign Investors and Immediate
Members of the Family
• Employment of Foreign Nationals
• Simplified Import and Export
Procedures
If you wish to avail of these
incentives, you have to locate in
an economic zone and apply for
registration with the Philippine
Economic Zone Authority (PEZA).
A prescribed application form will
have to be submitted in three (3)
copies to the PEZA, together with
the following documents:
Project feasibility study or Project Brief
• Copies of Articles of Incorporation and
By-Laws
• Resolution of the applicant’s board of
directors authorizing the filing of the
application; list of its directors, principal
officers, and major stockholders,
including their bio-data
• List of machinery and equipment to be
used with a statement of their capacity,
ownership and/or mode of procurement
• Company brochures and/or
photographs of product(w)
• Other supporting documents / papers
/ clearances as may be required by the
PEZA depending upon the nature of
the business and the type of business
organization of the applicant
The registration process is as follows:
a. The application shall be filled with
the PEZA upon payment of the
corresponding filing fee PhP3,600.00
(US$ 72.65) for new non-pioneer
projects; Php 6,000 (US$ 121.09) for
new pioneer projects).
b. Approval of the application shall be
by resolution of the PEZA board.
c. A Certificate of Registration will
be issued upon the execution of
the Registration Agreement by
the PEZA and applicant, subject
to the following:
• Compliance by the applicant of all
the pre-registration requirements
• Submission of a formal acceptance of
the proposed terms and conditions of
registration within twenty (20) calendar
days from receipt of the notice of
approval of the application.
• Payment of registration fee PhP6,000.00
(US$121.09).
• Processing time:
Thirty (30) working days
Contact Address:
Mactan Economic Zone,
Lapu-lapu City, Cebu
Tel. No.: (6332) 340-0593 / 5
Fax No.: 340-0591
5. How can I get Board of
Investments (BOI) incentives?
Applying for BOI Incentives:
New and expanding projects can
avail of incentives from the BOI. 
These incentives include the following:
Income Tax Holiday (ITH)
—— Six (6) years for projects with
pioneer status and for projects
located in Less Developed
Areas (LDA)
Four (4) years for new projects
——
with non-pioneer status
• Three (3) years for expansion/
modernization projects
• Duty exemption on imported
capital equipment/spare parts
and accessories
• Exemption from wharfage dues and
any export tax, duty, impost and fees
• Tax exemption on breeding stocks
and genetic materials
• Tax credits on imported
raw materials
• Tax & duty-free importation
of consigned equipment
• Additional deduction for
labor expense
• Employment of foreign nationals
• Simplification of customs procedures
• Access to bonded
manufacturing warehouse
To avail of these incentives, the project
should be listed in the Investment
Priorities Plan (IPP) for the year.
A copy of the IPP can be secured
from the BOI upon request.
The application must be filed with
the BOI on the prescribed Form 501
in three (3) copies, together with the
following documents:
• Copy of SEC Certificate of
Incorporation, Articles of
Incorporation and By-Laws
• For corporations, latest General
information Sheet
• Copy of company Audited Financial
Statements for new projects,
Income Tax Returns for the past
three (3) years
21
 DOING BUSINESS IN CEBU

• Copy of company’s Board Resolution 7. How will I import capital

authorizing officer to represent equipment? Are there
the company restrictions in importation?
• List of BOI-registered projects showing A company qualified for tax exemptions
compliance with the terms and on the importation of its equipment
conditions, status of operation and must secure prior approval from
incentives availed its governing agency before actual
• Proof of publication, required within importation can be made.
five (5) days from official filing Regular importation is made through
• Other documents that may be required Authorized Agent Banks (AAB).
by the specific activity in the IPP
8. How will I import raw
The application process is as follows: materials/supplies? Are there
restrictions in importation?
a. Official filing of duly accomplished BOI
Form 501, complete with supporting The importation of raw materials has
documents and payment of filing fee already been liberalized. Therefore the
(Range from PhP1,520 to PhP6,060 importer simply has to proceed to an
depending on project cost). AAB to open the necessary letter of
credit or other modes through which
b. Evaluation of application, including payment will be made. There are,
Publication of Notice of Filing of however, regulated items that require
Application, preparation of report clearance from the concerned agency
to  the BOI Management Committee prior to importation, and items whose
and confirmation by the BOI importation is prohibited.
Executive Board.
9. Application for Barangay
c. If approved by the Board, Clearance/Permit?
applicant complies with the
pre-registration requirements. A barangay where the business is located
d. Issuance of Certificate of Registration issues a barangay permit. A fee of
upon payment by applicant of PhP50.00 is collected and the processing
registration fee (1/10 of 1% of project time is, at most, two (2) days.
cost but not less than PhP3,000 or 10. How does one go about applying
more than PhP15,000) for a Mayor’s Permit/Municipal
License to operate?
Processing Time:  20 working days
Incentive Fee:  PhP 1,500  per application To get this permit/license to operate,
Contact Address: present the following documents at
Board of Investments (BOI) the Licensing Section of the Mayor’s
BOI Extension Office-Cebu Office where your business is located:
DTI Building, Osmena Blvd., Cebu City Lease Contract of Building
Tel. No.: (6332) 412 1944 Barangay Clearance/Permit
Fax No.: (6332) 254 0840 / 412 1856 Application Form with the Sketch of
URL: www.boi.gov.ph Location of building at the back
6. Other than the wage/salary, • The following fees are collected:
what other costs or benefits Permit Fee- .002% of capital declared
do I have to give my employees? if new or based on gross sales if
Based on the 1997 Labor Code of operating Business Tax- .0005%
the Philippines, the other benefits of declared capital Zoning
that have to be given to employees Fee- per schedule
are the following: Office of Building Officer (OBO)
Fee- per schedule
SSS Premium Contribution
Service Incentive Leave Garbage Fee- per schedule
(vacation & sick leave) Cebu Fire Dept. Fee- 10% of all fees
Medicare – Philhealth Insurance paid excluding the business tax
Maternity Leave The processing time is one (1) week.
Paternity Leave
13th Month Pay
Pag-Ibig Contribution

Source: Answers were gathered from different sources. Fees and documentary requirements are valid as of printing date.
Please verify with the respective agencies concerned for the prevailing rates at the time of application.

22
DOING BUSINESS IN CEBU

11. What is done at the Bureau 13. What alternative visas can a
of Internal Revenue (BIR)? foreigner have in order to stay in
the country on business? How do
After securing the Mayor’s Permit, the
I apply for these?
following are processed at the BIR:
• Business Registration/Application for The government agency handling visa
Value Added Tax (VAT) Number. Filing concerns is the Bureau on Immigration
Fee is PhP 1,000.00 (US$ 20.18) and and Deportation. Below are the type of
processing time is three (3) days. visas, their descriptions and definitions
(One time application) for easy reference:
• Registration of Books of Accounts. 14. How can I convert my 9(a)
No filing fee; one day processing time visa to an immigrant visa or to
• Application for Taxpayers any of the above-mentioned
Identification No. (TIN) No filing fee alternative visas?
and processing time is one (1) week.
(One time application) Normally visas have to be converted
into 9(a) before the same can be
• Authority to Print Official Receipts. converted to immigrant or other
The printer applies directly with the alternative visas, unless the present
BIR in behalf of the customer. No filing one is still valid.
fee and processing time is one (1) day.
The address of the Bureau of
12. What are the requirements Immigration and Deportation office
of the Dept. of Labor and in Cebu is found on the directory of
Employment (DOLE)? offices of this Factbook. If in Manila,
Any foreigner who will work in the there is now the Bureau of Immigration
Philippines is required to secure an and Deportation Extension office
Alien Employment Permit (AEP) from located at the ground floor of the BOI
the DOLE in the specific Region. Bldg. in Makati where all types of visas
are processed and other services such
as visa extensions, cancellations and
the like are provided.
Visas
TYPE DESCRIPTION DEFINITION

9(a) Tourist / Visitor Visa An alien coming to the Philippines for business or for pleasure or for reasons of health.
A seaman serving as such vessel arriving at a port of the Philippines and seeking to
9(c) Seaman's Visa enter temporarily and solely in the pursuit of his calling as a seaman.
An international trader/investor with his wife and unmarried children below 21 years of
age engaged solely in carrying on trade between the Philippines and foreign states (Japan,
Treaty Trader or Treaty
9(d) USA, Germany) of which they are national or solely to develop and direct the operations
Investor Visa of an enterprise in which he has substantially invested or in process of investing. An alien
employed in supervisory or executive character by a treaty investor/trader.
Pre-arranged An alien coming for pre-arranged employment with his wife and unmarried children
9(g)
Employment Visa below 21 years of age.
An alien who seeks entry into the Philippines for permanent residence and who does
Pre-arranged not qualify under any of the category of non-quota immigrant provided under section
13 Employment Visa 13 a to g; not exceeding 50 years of age of any one nationality for any one calendar year;
with substantial investment in the Philippines.
The wife or husband or the unmarried children under 21 years of age of a
13(a) Non-quota Immigrants Philippine citizen if accompanying or following to join such citizen.
Special Non-Immigrant Visa Afirms,
foreign national under employment contract with BOI/PEZA registered
47(a)2 his spouse and unmarried children under 21 years of age.
Foreign personnel of regional or area headquarters of multinational
EO 226 Book III Art. 59 companies, their spouses and unmarried children under 21 years of age.
Foreign personnel of offshore banking units of banks duly licensed by the Bangko Sentral
PD 1034, Section 7 ng Pilipinas to operate such, their spouses and unmarried children under 21 years of age.
SIRV under Special Investor's Resident Any alien, except nationals of countries that are classified as restricted
EO 226 Visa (SIRV EO 226) and who are willing and able to invest at least US$ 75,000.
SIRV under Special Investor's Resident Any alien, except nationals of countries that are classified as restricted and who
EO 63 Visa (SIRV EO 63) are willing and able to invest in at least US$ 50,000 in tourist-oriented projects.
Any alien, except nationals of countries that are classified as
Special Retiree's
SRRV restricted and who are willing and able to invest at least US$ 50,000
Resident Visa (SRRV) or US$ 75,000 depending on the age of the applicant.

23
 A SAMPLING ON COST OF DOING BUSINESS IN CEBU

NOTE: Costs indicated here are price ranges/estimates only. These may vary from time to time and/or dependent upon the service provider.

Category Remarks Cost in PhP Cost in USD

US$ 1 = Php 49.55
Salaries & Wages As of June 2017
General Skills
Minimum Wage per 8-hr workday 327.00 $6.60
General Worker per month 6,000.00 - 8,000.00 $121.10 - $161.45
Mid-level Engineers per month 10,000.00 - 30,000.00 $201.82 - $605.50
Manager per month, small office 15,000.00 - 25,000.00 $302.73 - $504.54
Secretary/Clerk per month 8,00.00 - 12,000.00 $161.45 - $242.20
Messenger/Driver per month 6,000.00 - 8,000.00 $121.10 - $161.45
Security Guard per month 7,000.00 - 10,000.00 $141.30 - $201.82
IT-Related Skills
Software Engineer (fresh) per month 12,000.00 - 18,000.00 $242.20 - $363.27
Software Engineer per month 20,000.00 - 30,000.00 $403.63 - $605.50
(3 yrs experience)
Network Specialist per month 24,000.00 - 30,000.00 $484.36 - $605.50
Computer Technician per month 10,000.00 - 15,000.00 $201.82 - $302.73
CAD Designer per month 12,000.00 - 18,000.00 $242.20 - $363.27
Telecommunications
Below are the indicative pricing of PLDT as well as SMART.
Telephone
a) Residential monthly basic plan 600.00 - 999.00 $12.11 - $20.16
b) Business monthly basic plan 800.00 - 1,300.00 $16.15 - $26.24
Internet Connection
a) Residential up to 512Kbps-2.2Mbps 990.00 - 3,000.00 $19.98 - $60.54
b) Business up to 2.2Mbps 3Mbps w/CIR 3,000.00 - 50,000.00 $60.54 - $1,009.10
IPLC Service: 2 Mbps
a) Cebu to LA - West Coast
(One Wilshire only)
MSF per month 115,000.00 - 161,000.00 $2,320.89 - $3,249.24
Installation Fee 69,000.00 $1,392.53
b) Cebu to Baltimore
- East Coast
MSF per month 184,000.00 - 253,000.00 $3,713.42-$5,105.95
Installation Fee 69,000.00 $1,392.53
c) Cebu to Europe
MSF per month 253,000.00 - 276,000.00 $5,105.95 - $5,570.13
Installation Fee 92,000.00 $1,856.71
Cellular Phone
a) Plans per month 500.00 - 5,000.00 $10.10 - $100.91
b) Handset Cost per unit 3,000.00 - 40,000.00 $60.54 - $807.27

24
A SAMPLING ON COST OF DOING BUSINESS IN CEBU

NOTE: Costs indicated here are price ranges/estimates only. These may vary from time to time and/or dependent upon the service provider.

Category Remarks Cost in PhP Cost in USD

US$ 1 = Php 49.55
Public Utilities As of June 2017
Water
Regular Connection dependent First 10 cubic meters Service
on meter size Charge (in PhP)
1/2 inch 152.00 $3.11
3/4 inch 243.20 $4.91
1 inch 486.40 $9.82
1.5 inch 1216.00 $24.54
2 inch 3,040.00 $61.35
3 inch 5,472.00 $110.43
4 inch 10,944.00 $220.87
6 inch 18,240.00 $368.11
8 inch 29,184.00 $588.98
10 inch 41,952.00 $846.66
Power
Consumption Demand Load (Dec. 15, 2016
Customer Class (kWh) (kWh) Factor to Jan. 14, 2017)
Schedule II -R Residential 200 10.9091
General
Schedule III-P 572 11.0726
Service
Schedule IV -P General Power 5,353 9.4969
Schedule V -P Bulk Power 36,504 100 50% 8.5873
Wholesale
Schedule VI -P 273,780 750 50% 7.9282
Power

NOTE:
1.) Average rate was derived using the 0.75% Local Franchise Tax (LFT) of Cebu City. Customers outside Cebu City will be
charged with 0.50% LFT.
2.) Using the typical consumption of each customer class, except for scheduled V, VI & VII
3.) Schedules V, VI & VII are simulated using a load factor of 50%. Rates will vary depending on their load factor.
4.) Demand of Schedule I-FZ is in Watts

Real Estate
Land & Office Rent
Industrial per sq.m. per month 25.00 - 50.00 $0.50 - $1.01
Office Rental per sq.m. per month 350.00 - 600.00 $7.06 - $12.11
Residential
Condominium per unit per month 25,000.00 - 60,000.00 $504.54 - $1,210.90
Executive House per unit per month 35,000.00 - 80,000.00 $706.36 - $1,614.53
Construction Cost
Factory average per sq.m. 9,000.00 - 20,000.00 $181.63 - $403.63
Office average per sq.m. 13,000.00 - 25,000.00 $262.36 - $504.54
Office Lease Rates (PhP/sq m / month)
Cebu IT Park 450 - 800
Cebu Business Park 450 - 600
Mactan 475 - 550
Mandaue 475 - 500
Uptown/Downtown 350 - 450

25
 A SAMPLING ON COST OF DOING BUSINESS IN CEBU

Real Estate (Con’t.)

Commercial Spaces for Rent
RATE/sq m/mo TERMS
KIND ADDRESS INCLUSIONS BROKER REF
basic CUSA min adv dep
1 Office space Cebu I.T. Park Bare, security, generator, separate 50 800.00 2 yrs 2 mo 3 mo Cebu Grand www.
power sub-meter, parking for rent Realty lamudi.com.ph
2 Office space Cebu I.T. Park Bare, security, generator, separate 99 800.00 2 yrs 2 mo Cebu
2 mo RealtyGrand www.
power sub-meter, parking for rent myproperty.ph
3 Office space Cebu I.T. Park bare 67 746.27 www.
myproperty.ph
bare, 1 cr 1 car parking, monthly www.
4 Office space Cebu I.T. Park dues for the account of the 80 800.00 3 mo 2 mo lamudi.com.ph
tenant
Cebu www.
5 Office space IT Park Centrale bare 114 600.00 GlobeNet lamudi.com.ph
Realty
1201 Park Centrale, with 4 -High Speed Elevators,
6 Office space Jose Maria del Mar St,
Cebu City, 6000 Cebu,
100% back-up generator, an
executive lounge and sky deck w/ 82 792.68 130K www.
lamudi.com.ph
Apas, Cebu, Cebu water fuecet, security, broadband
7 Office space I.T. Park, Lahug No partition, bare 170 350.00 1 mo 2 mo www.
lamudi.com.ph
bare, parking for rent, separate
8 Office space IT Park, Lahug power sub-meter, security, 52 800.00 2 yrs 2 mo 2 mo Cebu
Realty
Grand www.
lamudi.com.ph
generator
FULLY FURNISHED, 4 Seats Private
X Office Philippines, Serviced Office for Rent, Free
9 Serviced
office 14F Park Centrale Wi-Fi, Electricity, Centralized Air 15 2,666.67 6
mo 1 mo 2 mo Cebu
Realty
Grand www.
lamudi.com.ph
Building, Cebu IT Park Conditioning, Free Electricity,
Meeting Rooms,
www.
10 Commercial
& Industrial I.T. Park, Lahug
Bare, separarate power
sub-meter, security 50 800.00 2 yrs 2 mo 2 mo Cebu
Realty
Grand property24.
com.ph
www.
11 Commercial
& Industrial I.T. Park, Lahug
Bare, separarate power
sub-meter, security 40 800.00 2 yrs 2 mo 2 mo Cebu
Realty
Grand property24.
com.ph
16th F, Park Centrale
12 Commercial
& Office Bldg., Cebu IT Park, Bare, security, generator 82 609.76 1 yr 2 mo 2 mo www.
lamudi.com.ph
Lahug
Fully furnished, 5 Seat capacity,
X Office Philippines, Private Serviced Office for Rent,
13 Serviced
office 14F Park Centrale Free Wi-Fi, Electricity, Centralized - 6
mo 1 mo 2 mo www.
lamudi.com.ph
Building, Cebu IT Park Air Conditioning, Free Electricity,
Meeting Rooms,
Cebu www.
14 Office space I.T. Park, Lahug Bare 114 500.00 GlobeNet lamudi.com.ph
Realty
15 Office space I.T. Park, Lahug Bare 170 1 mo 2 mo www.
lamudi.com.ph
16 Office space I.T. Park, Lahug Bare, parking for rent, separate 569 700.00 75.00 Cebu Grand www.
power sub-meter, generator Realty lamudi.com.ph
17 Office space Park
Lahug
Centrale Bldg, Bare, parking for rent, separate
power sub-meter, generator 52 800.00 2 yrs 2 mo 2 mo Cebu
Realty
Grand www.
lamudi.com.ph
18 Office space I.T. Park, Lahug Bare, parking for rent, separate 74 800.00 2 yrs 2 mo 2 mo Cebu Grand www.
power sub-meter, generator Realty lamudi.com.ph
19 Office space I.T. Park, Lahug Bare, parking for rent, separate 99 800.00 2 yrs 2 mo 2 mo Cebu Grand www.
power sub-meter, generator Realty lamudi.com.ph
Unit #1201, Park
20 Commercial Centrale, Asiatown IT
Park, Jose Maria Del
Bare, parking for rent, separate
power sub-meter, generator 82 914.63 www.
lamudi.com.ph
Mar, Apas, Lahug
21 Serviced
office
4F Park Centrale Bldg,
Cebu IT Park
FURNISHED, Free Wi-Fi, Electricity,
Centralized Air Conditioning 80,000.00 6
mo 1 mo 2 mo Cebu
Realty
Grand www.
lamudi.com.ph
22 Office space I.T. Park, Lahug Bare, parking for rent, separate 63 800.00 2 yrs 2 mo 2 mo Cebu Grand www.
power sub-meter, generator Realty lamudi.com.ph
23 Office Space Park
Lahug
Centrale Bldg, FURNISHED, Free Wi-Fi, Electricity,
Centralized Air Conditioning 83,000.00 2 yrs 2 mo 2 mo Cebu
Realty
Grand www.
lamudi.com.ph
24 Office Space I.T. Park, Lahug Bare, parking for rent, separate 323 700.00 75.00 Cebu Grand www.
power sub-meter, generator Realty lamudi.com.ph

25 Office Space I.T. Park, Lahug Bare, parking for rent, separate 246 700.00 Cebu Grand www.
power sub-meter, generator Realty lamudi.com.ph

26 Office Space 1201 Park Centrale,

Jose Maria del Mar St 82 792.68 130K Cebu
Realty
Grand www.
lamudi.com.ph
5th Floor, Park Centrale
27 Serviced
office
Building, Jose Maria Bare
del Mar St. cor. Abad 200 63.00 www.
lamudi.com.ph
St., Cebu IT Park
28 Office Space I.T. Park, Lahug Bare, parking for rent, separate 63 800.00 2 yrs 2 mo 2 mo Cebu Grand www.
power sub-meter, generator Realty lamudi.com.ph
29 Office Space I.T. Park, Lahug Bare, parking for rent, separate 82 800.00 2 yrs 2 mo 2 mo Cebu Grand www.
power sub-meter, generator Realty lamudi.com.ph
Commercial
30 / Industrial I.T. Park, Lahug Bare, parking for rent, separate 40 875.00 75.00 Cebu Grand www.proper-
power sub-meter, generator Realty ty24.com.ph
Souce: I.T. Park, Cebu, as of July 2016
26
JOEL MARI S. YU TECHNICAL EDUCATION & SKILLS
Consultant DEVELOPMENT AUTHORITY (TESDA)
Cebu Economic & Business Unit (C.E.B.U.) Florencio Sunico, Jr.
City of Cebu Regional Director
2F, Sugbu Building, South Road Properties, Cebu City 6000 Archbishop Reyes Avenue, Cebu City 6000
Tel.Nos: (6332) 234-7644 Tel.Nos: (6332) 4120306
email: cebuinvest1@gmail.com TeleFax: (6332) 2311596
DIRECTORY OF LOCAL CEBU OFFICIALS PHILIPPINE INFORMATION AGENCY (PIA)
Local Government Contacts Fayette Rinen
Officer-in-Charge
HILARIO DAVIDE III Machay Bldg. 304 Gorordo Ave. Kamputhaw, Cebu City 6000
Provincial Governor Telefax: (6332) 2324126
PROVINCE OF CEBU
East Wing, Cebu Capitol Bldg., Escario St., Cebu City 6000 PHILIPPINE PORTS AUTHORITY TRAINING INSTITUTE
Tel.Nos. (6332) 2531970 / 254 1882 / 2536070 Pearli Ann Seno
Fax: (6332) 2550642 Supervisor
Cebu Int’l. Port Complex, North Reclamation, Cebu City 6000
TOMAS OSMENA Telefax: (6332) 2323401
City Mayor, Cebu City
City Hall, M.C. Briones St., Cebu City 6000 Tourism Infrastructure &
Tel.No: (6332) 2556984 /4121998 Enterprise Zone Authority (TIEZA)
Fax: (6332) 2537558
Cherilyn Rosalejos
GABRIEL LUIS QUISUMBING Officer-In-Charge
Andres Soriano Ave. cor. P. Burgos, Centro Mandaue City
City Mayor, Mandaue City 6014 Telefax.: (6332) 2557748
Tel.Nos: (6332) 268 6618
3452799; 3443322 BANGKO SENTRAL NG PILIPINAS
Fax: (6332) 3452799
Leonides Sumbi
PAZ RADAZA Director
Osmeña Boulevard, Cebu City 6000
City Mayor, Lapulapu City Tel.No: (6332) 2541474
2/F City Hall Complex, Lapulapu City 6015 Fax: (6332) 2549367
Tel.No: (6332) 3400010 / (6332) 3411280
TeleFax: (6332) 3400656 BUREAU OF CUSTOMS
EDUARDO GULLAS Rico Rey Francis Holganza
Cebu District Collector
City Mayor, Talisay City North Reclamation Area, Pier 6, Cebu City 6000
City Hall, Talisay City 6045 Tel.No: (6332) 350 3219
Tel.No: (6332) 2720669 Fax: (6332) 231 7264
Fax: (6332) 2731425
PHILIPPINE NATIONAL BANK
DIRECTORY OF NATIONAL Aaron Astor
GOVERNMENT AGENCIES Department Head
(For Trade and Investment Inquiries) Visayas Commercial Banking
Legaspi cor D. Jakosalem St., Cebu City 6000
CIVIL AVIATION AUTHORITY Tel.No: (6332) 2557574
OF THE PHILS (CAAP) Fax: (6332) 4121131
Atty. Rafael A. Tatlonghari
Area Manager BUREAU OF FOOD & DRUG ADMINISTRATION (BFADA)
Mactan Cebu International Airport, Lapulapu City 6015 Rica Aumentado
Tel.No: (6332) 3408116 / (6332) 3409325 Supervisor
Fax: (6332) 3412403 DOH-7 Compound, Osmeña Blvd., Cebu City 6000
BOARD OF INVESTMENTS (BOI) – CEBU Tel.No: (6332) 4187634
Philip Torres
OIC, BOI Cebu BUREAU OF FISHERIES & AQUATIC
Board of Investment Extension Office (BEO) RESOURCES (BFAR) – Region 7
2/F DTI Bldg., Lapulapu Street, Cebu City 6000 Allan Poquita
Tel.No: (6332) 4121944 OIC - Regional Director
Fax: (6332) 4121945 Arellano Blvd., Pier Area, Cebu City 6000
Tel.No: (6332) 2562772
DEPARTMENT OF ENVIRONMENT & Fax: (6332) 2562773
NATURAL RESOURCES (DENR)
Emma Milana BUREAU OF IMMIGRATION & DEPORTATION (BID)
OIC Regional Director Alnazid Decampong
Government Center, Sudlon, Lahug, Cebu City Alien Control Officer
Tel.No: (6332) 3469612; 4144388 2nd Level J Center Mall
Fax: (6332) 4140022 A. S. Fortuna St., Bakilid, Mandaue City, Cebu
DEPARTMENT OF AGRICULTURE (DA) TeleFax: (6332) 3456441
Airport: (6332) 3401473
Angel Enriquez
Regional Director CEBU PORTS AUTHORITY (CPA)
Highway Maguikay, Mandaue City Angelo Verdan
Tel.Nos: (6332) 2685187 / 2382163 General Manager
Fax: (6332) 2683063 CIP Complex, S. Osmena Blvd.
DEPARTMENT OF FOREIGN AFFAIRS – North Reclamation Area, Cebu City 6000
CEBU REGIONAL CONSULAR OFFICE (DFA) Tel.No: (6332) 2316856 / 2321463
Emmanuel Espineli Fax: (6332) 2316848
Officer-in-Charge
4th level, Pacific Mall-Metro Mandaue U.N. Avenue corner DEPARTMENT OF ENERGY (DOE) CEBU FIELD OFFICE
M.C. Briones St., Brgy. Estancia, Mandaue City, Cebu Antonio Labios
Tel.No: (6332) 520-5898; 520-6193; 520-6551 Visayas Field Office Director
Fax: (6332) 520-6550 3/Flr. Escario Bldg. 731 Escario St., Capitol Site, Cebu City 6000
Tel.No: (6332) 2533459 / 2532150
DEPARTMENT OF PUBLIC WORKS & Fax: (6332) 2537222
HIGHWAYS (DPWH)
Ador Canlas NATIONAL ECONOMIC DEVELOPMENT
Regional Director AUTHORITY (NEDA)
South Road Properties, Cebu City 6000 Efren Carreon
Tel. No: (6332) 4116714 Regional Director
Fax: 4116758 Government Center, Sudlon, Lahug, Cebu City 6000
Tel.No: (6332) 414-5254
DEPARTMENT OF SCIENCE & Fax: (6332) 253-0489
TECHNOLOGY (DOST)
Edilberto Paradela DEPARTMENT OF LABOR & EMPLOYMENT (DOLE)
Regional Director Exequiel Sarcauga
Lahug S&T Complex, Sudlon, Lahug, Cebu City 6000 Regional Director
Tel.Nos: (6332) 418-9032 / 254-8269 3rd & 4th Flrs. DOLE RO Office 7 Bldg.
Fax: (6332) 418-9032 Gen. Maxilom Avenue cor. Gorordo Avenue, Cebu City 6000
Tel/Fax . No: (6332) 2662792 / 2530638

27
 DEPARTMENT OF TOURISM (DOT)
Catalino Chan III METROPOLITAN CEBU WATER
Regional Director DISTRICT (MCWD)
G/F LDM Bldg., Legaspi Street cor. Noel Dalena
M.J. Cuenco Ave., Cebu City 6000 Acting General Manager
Tel.No: (6332) 2543534; 2542811 / 2546650 Cor. Lapulapu and Magallanes Streets, Cebu City
Fax: (6332) 2543534 Tel/fax no: (6332) 2560411
DEPARTMENT OF TRADE & INDUSTRY (DTI) Cebu MACTAN ECONOMIC ZONE 1 (MEZ 1)
Maria Elena Arbon Sansaluna Pinagayao
Provincial Director Zone Administrator
Causing Lozada Bldg. cor Legaspi & Lapulapu City 6015
Osmena Blvd St. Cebu City 6000 Tel.No: (6332) 3400595
Tel.No: (6332) 2532631 Fax: (6332) 3400591
Fax: (6332) 4121856
MACTAN ECONOMIC ZONE 2 /*ASIATOWN IT PARK
DEPARTMENT OF TRADE & Rufino San Juan
INDUSTRY (DTI-Reg 7) Zone Manager
Asteria Caberte Basak, Lapulapu City
Regional Director Tel.No: (6332) 3414474
3rd Floor WDC Bldg., Osmeña Blvd. Fax: (6332) 3404694
cor. P. Burgos St., Cebu City
Tel.No: (6332) 2550036; 4121868; 4121989 PHILIPPINE LONG DISTANCE*
Fax: (6332) 2537465 TELEPHONE COMPANY (PLDT)
LAND BANK OF THE PHILIPPINES Jimmy V. Chua
Business Head Corporate Regional Vis-Min
Marilou Cardenas Juan Luna Ave., Mabolo, Cebu City
Branch Manager Tel.No: (6332) 2316000
Osmeña Boulevard, Cebu City 6000 Fax: (6332) 2316100
Tel.No: (6332) 2541312; 2550471
Fax: (6332) 4129571 BAYAN TELECOMMUNICATIONS,
SECURITIES & EXCHANGE COMMISSION (SEC) INCORPORATED (BAYANTEL)*
Lindeza Rogero-Gavino John Balhon
Acting Director 4/F Cebu Operations Center
SEC Bldg., V. Rama Avenue, Cebu City 6000 Bayantel Building
Tel.No: (6332) 4169339; 2535337 D. Jakosalem cor. Sikatuna Streets, Cebu City 6000
Fax: (6332) 2552874 Tel.No: (6332) 2543633 loc. 3644
Fax: (6332) 2543633 loc. 3669
SOCIAL SECURITY SYSTEM (SSS)
Helen Solito GLOBE BUSINESS
Assistant Vice President Melvin Alfonso
Gorordo Ave. cor Escario Street, Cebu City 6000 Regional Marketing Head
Tel.No: (6332) 5059301; 2327520 10/F Globe-Isla Plaza, Samar Loop
Fax: (6332) 2327236 Cor. Panay Road, Cebu Business Park, Cebu City
Tel.No: (6332) 4158797
BUREAU OF INTERNAL REVENUE (BIR)
Rodita Galanto VISAYAN ELECTRIC COMPANY (VECO)
Regional Director Jaime Jose Aboitiz
BIR Bldg. Archbishop Reyes Avenue, Cebu City 6000 Chief Operating Officer
Tel. No.: 2328575 / 2328576 J. Panis St., Banilad, Cebu City
Tel/Fax: (6332) 2311593 Tel.No: (6332) 2308326
PHILIPPINE HEALTH INSURANCE Fax No: (6332) 2310580
CORPORATION
DIRECTORY OF CHAMBERS & ASSOCIATIONS
William Chavez
Regional Vice President (For Trade & Investment Inquiries)
8/F Golden Peak Tower, Gorordo Ave.
cor. Escario Street, Cebu City 6000 ACADEMIC CONSORTIUM FOR ENGLISH
Tel/fax: (6332) 2337521 PROFICIENCY (ACEP)
Lourdes Jereza
LAND TRANSPORTATION OFFICE Vice President – External
Raul Aguilos University of Southern Philippines Foundation
Regional Director Lahug, Cebu City
Natalio Bacalso Avenue Tel.No: (6332) 4147773
South Highway, Cebu City
Tel/Fax: (6332) 2562745 / 2538845 AMERICAN CHAMBER OF COMMERCE & INDUSTRY
PAG-ASA Jeffrey Allan Minnick
President
Oscar Tabada Lower Ground Floor
Officer-In-Charge, Visayas, PRSD Waterfront Cebu City Hotel & Casino
Airport Road, Pusok, Lapu-Lapu City, Mactan, Cebu Lahug, Cebu City 6000
Tel/Fax: (6332) 3404143 / 3401868 Tel.No: (6332) 2322373
MACTAN CEBU INTERNATIONAL AIRPORT Fax No: (6332) 2322373
AUTHORITY (MCIAA)
CEBU CHAMBER OF COMMERCE & INDUSTRY
Andrew Harrison
General Manager Melanie C. Ng
Lapu-lapu City, Mactan, Cebu President
Tel.No: (6332) 3402486 Cor. Commerce and Industry Sts.
North Reclamation Area, Cebu City 6000
COMMISSION ON HIGHER EDUCATION (CHED) Tel.Nos: (6332) 2321421 to 101
Freddie Bernal Fax No: (6332) 2321422
Regional Director
CHED, Sudlon, Lahug, Cebu City 6000 CEBU EDUCATIONAL DEVELOPMENT
Tel.No: (6332) 4149194 FOUNDATION FOR IT (CEDF-IT)
Fax: (6332) 4149194 Wilfredo Sa-a
Executive Director
DEPARTMENT OF EDUCATION REG. 7 (DEPED) Ground Floor eBloc 3
Juliet Jeruta Cebu IT Park, Apas, Cebu City 6000
Regional Director Tel.Nos: (6332) 236 5081
Lahug, Cebu City 6000
Tel.No: (6332) 2311309 EUROPEAN CHAMBER OF COMMERCE OF THE PHILS.
Fax: (6332) 2311309 Guenter Taus
PAG-IBIG South President
DOST Banilad S & T Complex
Rio Teves Gov. M. Cuenco Ave., Banilad Cebu City 6000
Department Manager Tel.No: (6332) 2533389
Business Development-Housing Fax No: (6332) 2533387
PAG-IBIG Tower, Mindanao Ave.,
Cebu Business Park, Cebu City Branch 6000 JAPANESE CHAMBER OF
Tel.No: (6332) 2342776 COMMERCE –INDUSTRY (JCCI)
Fax: (6332) 2329657
Junji Asai
NATIONAL TRANSMISSION President
CORPORATION (TRANSCO) 5th Floor Clotilde Commercial Center
Gerardo Torres M.L. Quezon St., Casuntingan, Mandaue City
Head-Visayas Operations & Maintenance Tel.No: (6332) 343-7662 / 8066
Nasipit, Talamban Fax No: (6332) 3437663
Tel.No: (6332) 2369730
28
 HONORARY CONSUL OF NORWAY
INTEGRATED BAR OF THE PHILIPPINES Sabino Dapat
(IBP) Cebu Chapter Unit 903, 9th Fl. Keppel Centre
Hidelito Pascual Cebu Business Park, Cebu City 6000
President Tel.Nos: (6332) 2383068
Capitol Compound, Cebu City 6000
Tel/Fax No: (6332) 2536713 HONORARY CONSUL OF PORTUGAL
PHILIPPINE INSTITUTE OF CERTIFIED PUBLIC Samuel Chioson
ACCOUNTANTS (PICPA) Cebu Chapter Benedicto College
A.S. Fortuna Street
Edgar Detuya Mandaue City 6014
President Tel.Nos: (6332) 3456873 / 3456874
1505 Keppel Bldg., Cardinal Rosales Ave., Fax No: (6332) 3456873
cor. Samar Loop, Cebu City 6000
Tel.No: (6332) 2550163; 4123257 HONORARY CONSUL OF ROMANIA
Fax No: (6332) 2550163
Grand T. Benedicto
MEPZ CHAMBER OF EXPORTERS & Doña Emilia Benedicto Bldg.,
MANUFACTURERS 7 E. Benedicto St., Cebu City
Tel.No: (6332) 2553200
Robert Oliver Fax No: (6332) 3441293 / 2558200
President
MEZ 1, Lapulapu City HONORARY CONSUL OF SLOVAK REPUBLIC
Telefax: (6332) 4955051
Antonio Chiu
MANDAUE CHAMBER OF 2/F GCH Building, Tres Borces Street,
COMMERCE & INDUSTRY Mabolo, Cebu City 6000
Telefax No: (6332) 2329445 / 2310388
Philip N. Tan
President HONORARY CONSUL OF SOUTH KOREA
Mandaue City
Telefax: (6332) 2368245 Atty. Augusto W. Go
Consul General a.h.
FILIPINO CHINESE CHAMBER OF University of Cebu- Main Campus
COMMERCE & INDUSTRY Sanciangko Street
Cebu City 6000
Antonio Loi Tel. Nos : 255 4234 / 255 7777 loc 135
President Telefax: (6 332) 254 3287
P.O. Box 163 J. Llorente St., Cebu City 6000
Telefax: (6332) 2561212 HONORARY CONSUL OF SPAIN
DIRECTORY OF CONSULATES Jaime Picornell
Consul, a.h.
(For Trade & Investment Inquiries) 476 - G Molave Street, Lahug
PEOPLE’S REPUBLIC OF CHINA
Cebu City, Philippines
Tel.No: (6332) 231 1329
Consul General Zhang Weigou Fax No: (6332) 231 5159
Cebu Fil-Chinese Volunteers
Fire Brigade Building, Don Julio Llorente Street, HONORARY CONSUL OF SWEDEN
Brgy. Capitol Site, Cebu City 6000 Jose B. Sala
Tel.Nos: (6332) 2563400 / 2563456 / 2563434 Consul, a.h.
Fax No: (6332) 2563499 VECO-Banilad Technical Services
JAPAN
J. Panis Street, Banilad Cebu City
Telefax: (6332) 254 2842
Chiharu Tsuruoka
Head Consul HONORARY CONSUL OF THAILAND
7th Floor Keppel Center, Samar Loop Roy L. Chiongbian
Cardinal Rosales Ave., Cebu Business Park, Cebu City 6000 Eastern Shipping Lines Inc. Bldg.
Tel.No: (6332) 2317321 / 22 M.J. Cuenco Avenue, Cebu City 6000
Fax No: (6332) 2316843 Tel.Nos: 2546564 / 4121687 / 4121688
HONORARY CONSULS Fax No: (6332) 2548827
HONORARY CONSUL OF TURKEY
HONORARY CONSUL OF AUSTRIA
Leontina L. Benedicto
Julie A. Vergara B. Benedicto & Sons, Inc.
Vice Consul a.h. 99 - 101 Plaridel St., Cebu City 6000
c/o Maribago Blue Water, Lapu Lapu, Cebu 6000 Tel. No.: (6332) 254 4624 /254 7025
Tel. No: (6332) 4920100 Fax No.: (6332) 2552022 / 2550113
HONORARY CONSUL OF BELGIUM HONORARY CONSUL OF THE UNITED KINGDOM
Enrique Benedicto Moya Jackson
No. 7 E. Benedicto Street Consul, a.h.
Cebu City 6000 44 Paseo Eulalia
Tel.No: (6332) 2553200 Maria Luisa Estate Park, Banilad Cebu City
Fax No: (6332) 2558200 Tel.No: (6332) 3460525
Fax No: (6332) 2389055
HONORARY CONSUL OF CANADA
Catherine Rivera HONORARY CONSUL OF THE UNITED
RD Corporate Center STATES OF AMERICA
96 Gov. Cuenco Avenue John F. Domingo
Telefax : (6332) 2563320 Consular Agent, Consular Agency
Fax No: (6332) 2383421 United States of America
LGF, Waterfront Cebu City Hotel, Lahug, Cebu City 6000
HONORARY CONSUL OF DENMARK Tel.No: (6332) 2311261-63
Perry L. Pe Fax No: (6332) 2310174
Suite 1204, 12/F Insular Life Building
Cebu Business Park, Cebu City 6000 HONORARY CONSUL OF ISRAEL
Tel. No: (6332) 266 5930 Emily Benedicto Chioson
Fax No: (6332) 266 5932 Benedicto College, Technology
Vocational Campus, A.S. Fortuna St., Mandaue City 6014
HONORARY CONSUL OF FRANCE Tel. No.: (6332) 2530769 / 4168242
Michel J. Lhuiller Fax No.: (6332) 2550113
Maison Rose
371 Gorordo Avenue, Lahug, Cebu City 6000 HONORARY CONSUL OF POLAND
Telefax: (6332) 2321311 Carmel Luzuriaga Durano
102 Advent Business Center
HONORARY CONSUL OF MEXICO Acacia Street, Lahug, Cebu City
Eduardo Gonzalez Tel. Nos.: (6332) 2336808
c/o Marine Techniques, Inc. Tel/Fax: (6332) 2315242
#40 Mercedes Arcade
Highway, Mandaue City, Cebu 6014 HONORARY CONSUL OF THE FEDERAL
Tel.Nos: (6332) 3450030 /3461914 REPUBLIC OF GERMANY
Franz Seidenschwarz
HONORARY CONSUL OF Ford’s Inn, A.S. Fortuna Street, Banilad, Cebu City 6000
THE NETHERLANDS Mobile Nos: 0929 667 6386 / 0927 536 2044
Roberto Aboitiz
RAFI Building, Lopez Jaena Street HONORARY CONSUL OF THE
Cebu City 6000 RUSSIAN FEDERATION
Tel.No. (6332) 4187265 Armi Garcia
1501-1502 Ayala Life-FGU Center
Mindanao Avenue, Cebu Business Park, Cebu City 6000
Telefax No.: (6332) 2320253
Please address all inquiries to:
Joel Mari S. Yu
Consultant, Economic & Business Development

Cebu Economic & Business Unit (C.E.BU.)

3rd Floor, Sugbo Building
South Road Properties
Cebu City, Philippines 6000

T +6332 234 7644

E joelyu.cebu@gmail.com
W www.cebucity.gov.ph