Metro Naga provides investors with generous returns. It offers a competitive base for key business inputs including manpower, property and transport. Salaries and wages, for example, are 35 percent lower than in Metro Manila and nine percent lower than in Metro Cebu, with a workforce that is one of the most highly skilled and productive in the Philippines.

Office rental prices are the most attractive in the Bicol Region and range from US$2 - US$7 per square meter per month for prime office space in Naga City. For high quality furnished residential accommodation in Naga City, prices are between US$55 - US$90 less than what is charged in other cities in the Philippines.

Large tracts of land have been earmarked for business development as priority growth areas with necessary infrastructure, including roads and utilities, already in place. The lease cost per square meter compares most favorably with land in other major centers. Local business taxes are significantly lower compared to that of Metro Cebu and Metro Manila.

 
 

Metro Naga is not behind when it comes to sophisticated and competitively-priced telecommunications, transport, infrastructure and utilities. Internet services are accessible through leased lines or by hourly rental at net cafes located in key centers throughout Metro Naga. Telephone rates and courier services are varied and investors can choose whichever is applicable to their business needs.

Ports, domestic road, rail and air services are reliable and readily available. Metro Naga’s proximity to Manila means that freight and transport costs to the major markets in the country and around the world are significantly reduced.

If you combine cost competitiveness and skilled human resources with the low overall cost of living, the commercial advantages of doing business in Metro Naga will definitely give investors the reason to say, “We’re on our way!”