FACTS & FIGURES
The City of Iloilo (Hiligaynon: Ciudad sang Iloilo; Filipino: Lungsod ng Iloilo) is the capital city of the province of Iloilo in the Philippines. It is the regional center and the main economic hub of the Western Visayas region. The city has a total of 180 barangays.
Iloilo is historically one of the major agricultural centers of the country, and began exporting sugar, copra, bananas, mangoes, and other natural resources during the Spanish and American colonial periods.LOCATION
Its strategic location, about 283 statute miles from Manila through Antique waters and 337.6 nautical miles through Capiz waters, made it the business and government gateway to the fluorishing region of Western Visayas. From Manila, Iloilo City is only 45 minutes by plane and 18 hours by the fastest ship. From Cebu, it is only 25 minutes by plane.LAND AREA
Iloilo has two pronounced seasons: wet (June to November) and dry (December to May.POPULATION
Iloilo City has a population of 365,820 as of Year 2000 census, making it the ninth most populous city in the Philippines.LANGUAGE/DIALECT
Hiligaynon is the language spoken in Iloilo City. English is used as the language of business and education. In addition, Tagalog and other local languages such as Kinaray-a are also spoken.
Hiligaynon is part of the Austronesian language branch spoken in Western Visayas. The Austronesian languages are a family of languages widely dispersed throughout the islands of Southeast Asia and the Pacific, with a few members on continental Asia. Hiligaynon is concentrated in the provinces of Iloilo and Negros Occidental. There are approximately 7,000,000 people in and outside the Philippines who are native speakers of Hiligaynon, and an additional 4,000,000 who are capable of speaking it with a substantial degree of proficiency. Ilonggo is also the name of the culture associated with the people speaking Hiligaynon.CURRENCY
Philippine Peso (Php) in denominations of 1000, 500, 200, 100, 50, 20, 10, 5, 1 in pesos and. 25, 10, 5 and 1 in centavos.ECONOMY
The strategic location of Iloilo, at the center of the Philippines, affords it an unparalleled advantage of being the hub of trade, commerce and industry. Iloilo's excellent port facilities, extensive infrastructure, modern telecommunications system and reliable utilities make it an ideal focal point for the exchange of goods, information and services. The province of Iloilo has a land area of 4,731 square kilometers. square kilometers.It is 55 minutes by plane from Manila, 30 minutes from Cebu and 2 hours from Davao. By boat, it is 18 hrs from Manila and 12 hours from Cebu.
The province has an extensive range of raw materials and large consumer market. It has a business-friendly local government that provides incentives to business in preferred investment areas.
Business opportunities abound in Iloilo where industrial centers and investment areas teem. Areas of development have mushroomed and flourished because the government and the private sectors have linked arms in investment promotion.
Identified investment areas offer attractive incentives such as income tax holidays and free issuance of permits and licenses. Congestion in industrialized centers such as Manila and Cebu led investors to seek.
Alternative locations, an undertaking that is in consonance with the national government's effort to even up the growth distribution in the country. _________________________________
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