Davao City

December 2016

At a glance

Key business highlights

Priority investment areas


Best ticket projects

Investment opportunities identified by the Davao City Government

Transport facilities

  • PHP240bn Light rail project
  • PHP500~800m 23-km coastal road
  • Seaport expansion facilities


Tourism and recreational facilities

  • PHP600m Davao City Sports Complex
  • Theme parks


Others

  • PHP12.0b Sta. Ana Waterfront Development
  • PHP1.1bn Wastewater collection & treatment
  • PHP230m Food terminal complex

Trade and invetsment

Infra development pipeline

  • 2 PPP Projects in the pipeline
  • 1 Project from PDU30’s visit in China

Foreign trade

  • US$2bn Exports
  • US$1.7bn Imports


Investments

  • PHP217bn Capitalization of business permits
  • PHP1.6bn Board of investments
  • PHP373m Davao City Investment Promotion Center

Incentives to qualified investors

Local fiscal incentives

  • Up to 3 years: Exemption from payment of business sales tax
  • Up to 2 years: Exemption from payment of basic real property tax
  • 10%-20% Discount on RPT: Discount on real property tax for early payment of taxes


National fiscal incentives

Income Tax Holiday

  • Six years for new projects with a pioneer status
  • Six years for new or expansion projects in less developed areas (LDAs), regardless of status
  • Four years for new projects with a non-pioneer status
  • Three years for expansion projects and for modernization projects

Ease of doing business

Free professional services to investors

  1. 3-day business permit processing
  2. Business matching
  3. Manpower and raw material referral
  4. Ideal project location referral

* Data pertains to Davao Region

Sources: Businesslist.ph, Commission on Audit, Davao City Investment Promotion
Center, Davao City Official Government Website, Philippine Economic Zone Authority, Philippine Statistics Authority 2010, Philippine Statistics Authority 2015, Public-Private Partnership Center

Contact us

Brando Cabalsi
Tax Director
Tel: +63 (2) 845 2728 Ext. 3060
Email

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