Dubbed as the Philippines’ Last Frontier and home of the Puerto Princesa Subterranean River National Park, Tubataha Reef, it’s no wonder almost a million tourists – both local and international even the rich and famous – visit Palawan all-year round. In 2014, it was voted as “Top Island in the World” beating 147 islands worldwide in the 27th Readers’ Choice Awards of Conde Nast Traveler magazine.
With all the tourist attractions Palawan offers to the public, there are still many parts that are yet to be explored and developed, which would mean promising investments. The best part is that, the local government welcomes socio-economic and cultural development while ensuring environmental protection at the same time.
You have probably heard of El Nido and this is just one of the many wonders of Palawan that we must further explore. Wouldn’t it be nice to own a beachfront home or perhaps a hotel and resort here? You can have these and more with Prime Lands Philippines.
Now, why invest in El Nido?
- High Economic Growth and Development Potential
Real estate and property developers are still in the early stages of development. As aforementioned, there are still many unexplored areas that are just waiting to be discovered and developed. What do these mean for you? El Nido and the rest of Palawan are still underdeveloped and there’s a lot of room for more establishments and properties. Being in the early stages of real estate and property developments, this is where return on investment is at its greatest.
- Guaranteed Tourism Industry
The tourism industry in Palawan has been continuously increasing. If more tourist spots can be developed and made accessible, there will be more places for people to visit and spend their staycations. Aside from that, the people will not only be concentrated in a few places but they can spread throughout the many parts of El Nido and Palawan as a whole.
- Low Cost Investments
In relation to #1, the cost to invest is still low since most developers are still in the early stages of real estate and property development. You can invest on your preferred locations at an affordable price. Do you want to build your own hotel and resort, restaurant, or bar? Take advantage of low cost investments now and enjoy great return on investment in the future.
- Availability of Other Eco-Friendly Industries and Investment Opportunities
Why invest in El Nido? Tourism is not the only thriving and increasing industry in Palawan. Other eco-friendly industries and investment opportunities are also welcome as the local government encourages people to cultivate the agriculture industry. There is plenty of land to grow rice, vegetables, and fruits and even poultry rearing. Start your own organic farm and grow your favorite fruits and vegetables or maybe breed cattle and fish. The options are limitless.
These are just some of the reasons why you should invest in El Nido and Palawan in general and let Prime Lands Philippines help you make your dreams of owning different properties in this paradise.
For more information , updates and new about Philippines, Palawan, North Palawan, please click this link: http://primelandsphilippines.com/our-blog/
Why Invest in Philippines?
Here’s some quick facts we have gathered from the most credible sources on why it’s best to invest to Philippines now:
- Worldbank said the Philippines is one of the most dynamic emerging markets in the East Asia region.
With its sound economic fundamentals and a competitive workforce that is globally recognized, Philippine growth remains among the fastest when compared to the major economies in the East Asia region, trailing only China.
In 2015, the economic growth is expected to rebound to about 6.5%.
The country has earned investment grade ratings from major credit rating agencies as a result of sound macroeconomic fundamentals characterized by sustainable growth, low and stable inflation, and sound fiscal management.
Robust remittances have provided a strong basis for currency stability and a healthy build-up of international reserves. The country currently enjoys a savings rate that exceeds the investment.
- Forbes cited five reasons Philippine Economy will grow:
- Corruption is down
- Infrastructure madness – Spending on roads, airports and seaports will reach about
5% of the $294 billion economy next year
- China Plus One –Do it instead in the Philippines, the government is urging . Foreign
direct investment rose from 173 billion pesos ($3.9 billion) in 2004 to 274 billion pesos in 2013, government statistics show.
- Outsourcing is in – The Philippines has overtaken India in voice call centres for
multinationals including Western banks and IT firms.
- Money keeps coming home – about $22 billion remittance in 2014.
- According to the data gathered by investphilippines.gov.ph, Philippines has these highlights why it’s best to invest in here:
- Workforce – Educated and hard working Filipinos with literacy rate of 94.6%, highest
in Asian countries
- Business Location – centrally located in heart of Asia and an easy hub to fly to and
From the distant countries
- First class lifestyle – tropical setting with Western amenities
- Abundant resources –diverse natural resources from land to marine even up to
- Low cost of doing business – From wages to overhead expenses, it is a lot cheaper in
- Liberalized and business-friendly economy –allows 100% foreign ownership in
almost all sectors with the Build-Operate-Transfer (BOT) investment scheme.
- Unlimited business opportunities – Philippines has the most strategic location and
firms are inclined to want access to the large ASEAN market and its massive trading
- Developing infrastructure for Global growth – Economic infrastructure in areas of communication, transportation, and business on-going in all the major islands.
- From the Bloomberg’s Survey of Economist: Philippines is number two in Fastest Growing Economy in 2015.
Philippines second the list out of 20 countries whose economies are up surging this year.
China, Philippines, Kenya, India and Indonesia, which together make up about 16 percent of global gross domestic product, are all forecast to grow more than 5 percent in 2015.
Also, in the East Asia and Pacific Update, the Washington-based lender said Philippine economic growth can rebound to 6.5 percent in 2015 from the actual expansion of 6.1 percent last year. Analysis includes 57 countries.