INVESTMENT

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Davao Oriental: The gateway to the Pacific

Davao Oriental is a promising tourism and investment destination located in the easternmost part of Southern Mindanao. It ranges about 189.30 in kilometers from its common boundaries. It is bounded by the Pacific Ocean in the East, Davao Province in the West, Agusan del Sur and Surigao del Sur in the North and Davao Gulf and Celebes Sea in the South. Its proximity to the Pacific strategically places it as the gateway to the Pacific.

With a total of 5,164 square kilometers, Davao Oriental is the biggest province in Davao Region contributing around 32.82% to the total regional land area.

 

Political Subdivision 

The province is composed of two congressional districts covering eleven (11) municipalities. District I comprises the municipalities of Boston, Cateel, Baganga, Caraga, Manay and Tarragona while District II includes Lupon, Banaybanay, Mati, San Isidro and Governor Generoso and these are further subdivided into 183 barangays. The City of Mati is the seat of the Provincial Government being the capital of the province.

 

Population and Labor Force 


Davao Oriental is home to approximately 486,000 people (as of 2007 census) with an average population growth rate of 1.65%. Its labor force participation rate is at 72.70% while Employment rate is at 94.70%.

 

The Pacific Gateway to diverse opportunities

The Province’s Competitive Advantages

Ideal Climate and Topography

The type of soil of the province coupled with its II Type II typhoon-free climate characterized by no lengthy dry season and very pronounced rainfall (from November to March) makes it suitable for agricultural production all year – round.

Rich and Diverse Resources
The province is blessed with a lush and wide array of natural wealth ranging from agricultural, forestry, marine, mineral and beauty spots.

Davao Oriental boasts of being the country’s premier coconut – producing province . . . the region’s leader in wood with the largest production forest of 37% . . . the biggest abaca producer in the region. . . having the longest coastline of 488 kilometers in the region . . . the region’s largest aquaculture area at 31% . . ., and, location to 30% of the country’s various mineral deposits such as nickel, chromite, manganese, copper, cobalt, silver, gold, iron, silica, magnesite and limestones.

The Province also offers a wide selection of nature’s beauties such as majestic waterfalls, mystic lakes and rivers, refreshing hot and cold springs, the wondrous site of a pygmy or bonsai forest, white-sand beaches and astounding historic places. These and more are there to be fully explored and tapped . . . promising investment and tourism potentials.

 

Growing Domestic Economy

For the past five years (2005-2009), provincial economy had been on a modest uptrend. Businesses registered through the Department of Trade and Industry totaled to 4,287 with the bulk of businesses located in the capital town of Mati and other municipal trading centers such as Lupon, Governor Generoso, Banaybanay, Baganga and Cateel. In terms of distribution by sector, Retail Trade accounted for the most number of establishments at 26%. Wood/furniture, agribusiness, misc. services and food processing/services also figure strongly. The province is still wanting though for locators that are medium  and large–sized that can create more jobs.

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The City of Mati, the province’s capital, can be reached from Manila and Cebu by taking any of the daily scheduled airline flights to Davao City or regularly scheduled inter-island vessels that ply the Manila-Davao City or Cebu – Davao City route. From, Davao City, Mati is accessible by 25-minute chartered plane or via 3-hour private car ride or a 4-hour public utility bus ride on fully concreted and/or asphalted highways.

Using Davao City as transit point, the province is readily accessible to the markets of the East ASEAN Growth Area (BIMP-EAGA) particularly North Sulawesi (Indonesia), Sabah and Sarawak (Malaysia), Brunei Darussalam as well as Singapore. Come … experience and explore Davao Oriental!

Various product Specifications can be entered here.

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