- Table 5.1 - Number, Floor Area & Value of Building Construction by Type of Building, 2002-2005.
- Table 5.2 -
Investments Generated & Number of Establishment by Sector, 2000-2006
- Table 5.3 - Investment/Employment Generated Through Business Registration, 2003-2007
- Table 5.4
- Total Amount of Export (in Million USD), 2001-2007.
Data
on industries and investments serve as gauge on the extent of the
areas' attractiveness and capability to absorb entrepreneurial
ventures. An analysis of the data on the size and growth of industries
and the stock and flow of investments show the enabling factors that
provide or enhance the comparative advantages enjoyed by industries and
investors in Negros Occidental. On the other hand, the data can give
indications of the limiting factors that hinder the entry, growth and
movement of industries and investments. With the data providing
signals, the concerned government agencies can formulate policies,
enforce regulations and undertake infrastructure programs and other
forms of assistance to assist business and prospective investors.
This chapter presents data on the number, floor area and value of private building construction, and the number of establishments including the revenues generated from such by sector. The sources of these data are the Department of Trade and Industry (DTI) and the Regional Social and Economic Trends (RSET) 2006.
This chapter presents data on the number, floor area and value of private building construction, and the number of establishments including the revenues generated from such by sector. The sources of these data are the Department of Trade and Industry (DTI) and the Regional Social and Economic Trends (RSET) 2006.
Sectoral HIghlights
Based from the
Department of Trade and Industry (DTI) business name registration
section, a total of 2,485 establishments were registered in Negros
Occidental in 2006 which comprise 30 percent of the number of
establishments in Region VI. Compared to the 2005 data, total
business name registration has decreased by 19 percent in 2006.
Based on the
investments recorded with the DTI, business registration reached almost
PhP7.1 billion in 2006. This recorded an increase in investment
generation by 57 percent compared to the previous year which is PhP4.5
billion.
In 2007, an increase
of 193 percent was noted in the amount of export generated which
totaled to US$66,079,496.51.
Negros Occidental is
positioning itself as the Giftware & Holiday Décor
Center of the country. Other industries with potential in the domestic
and export markets are Furniture and Furnishings, Garments,
Metalworking and Processed Foods.
Thirteen (13) LGUs
have already passed a Local Investment Code that is giving incentives
to prospective investors. These LGUs include the cities of San Carlos,
Escalante, Cadiz, Sagay, Victorias, Bacolod, Kabankalan, Bago & La
Carlota and the municipalities of Toboso, Manapla, Pontevedra and
Pulupandan.
One of the
government initiatives to promote local industry is the “One Town – One
Product” (OTOP) program. OTOP supports micro, small and medium
enterprises (MSME’s) to manufacture, offer, and market distinctive
products or services through the use of indigenous raw materials and
local skills and talent. In lieu of this, the province of Negros
Occidental by way of supporting OTOP, has put-up the Technology and
Livelihood Development Center or TLDC as a provincial office which
coordinates and facilitates for packaging, promotion and marketing of
local industries.
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Provincial Planning and Development Center
Provincial Administration Center
Bacolod City
Philippines 6100
NSIC is a one-stop shop of statistical information and services in
the Province of Negros Occidental