INVEST SAMAL!

PRIORITY INVESTMENT AREAS

Priority Investment Areas

  1. Knowledge-Based Services. BPO, IT-and IT-enabled services. This covers voice and non-voice IT-enabled services including procurement and sourcing services, contact center, business knowledge processing, software development, and other support IT services.
  2. Light Energy and Power. This covers the exploration, development, and/or utilization of indigenous energy sources, and other energy sources adopting environmentally-friendly/green technologies.
  3. Infrastructure. This covers air, land and sea transport, water (water exploration and water source development), physical infrastructures (bridges that connects the Island of Samal to the mainland of Davao,and Samal to Talicud Island , major roads, toll ways and telecommunication facilities).
  4. Transshipment and Logistics Facilities and infrastructure. This covers but not limited to warehouse, cold storage, and ice plant and other port facilities.
  5. Research and Development. This covers all Research and Development activities and the establishment of testing laboratories, Centers of Excellence (COE), and technical vocational education and training institutions (TESDA accredited).
  6. Tourism. This covers tourism enterprises that are engaged in the following:
    • Establishment and operation of:
      1. Convention and exhibition facilities or meetings, incentives, conventions and exhibition MICE facilities;
      2. Amusement and eco-adventure facilities;
      3. Sports facilities and recreational centers;
      4. Theme Parks;
      5. Health and wellness facilities such as but not limited to tertiary hospitals.
  7. Beach Resorts, Inland Resorts.
  8. Development of retirement villages. This refer to areas suitable for development that will ensure healthful, safe and environmentally-sound community life with prescribed carrying capacities of village facilities and activities such as but not limited to accommodation, food, recreation, medical/health care needs, security and other amenities/facilities, and provided with roads, power and water supply systems, draining and sewerage systems and other infrastructures. The village should be under a unified and continuous management.
  9. Agriculture/Agri-Business/Fishery. This covers commercial production and agricultural processing of agricultural products (including their by-products and wastes).
  10. Agricultural Processing. This covers the conversion of agricultural and fishery products, their by-products and waste, to a form ready for further processing or final consumption. It also covers the extraction of higher value substances from agricultural raw materials.
  11. Property Development  such as but not limited to:
    • Low-cost residential property development including mass housing projects of at least 500 housing units;
    • Commercial property development such as establishment of shopping malls/centers with capitalization of at least Two Hundred Million Pesos (P 200, 000, 000.00) excluding the cost of land;
    • Development and operation of memorial parks; and 
    • Industrial development to include Export Processing Zone, Technology Park, IT Park and Industrial Estate Development;