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Country Philippines
City TACLOBAN
Official Website http://www.phiolcttis.org
Island Grouping Visayas
Region Region VIII
General Information
Facts & Figures

The City of Tacloban is a first class city, a port town, and the capital of Leyte. Leyte is a province in the Visayan Islands that lies between Samar, Cebu, Bohol and Mindanao. The San Juanico Bridge, which is over two km long and joins the islands of Leyte and Samar across the San Juanico Strait, is one of the longest bridges in Asia. The bridge was a project of then President Ferdinand Marcos. The city is politically subdivided into 138 barangays.

Population

According to the 2000 census, Tacloban has a population of 200,219 people in 37,798 households.

Location

Tacloban is located in the first district of Leyte, a province in Eastern Visayas or Region VIII. It is bounded to the north by the province of Samar, to the east by the Camotes Sea and eastern part of the province of Leyte, and to the west by the Leyte Gulf and to the south by the central part of Leyte.

Economy

Economically, Tacloban is one of the fastest growing cities in the Philippines. It is the premier city in Eastern Visayas. It has one of the lowest poverty incidence in the country (at roughly 9%, the national poverty incidence stands at 30%), and is the richest local government unit in Eastern Visayas. The Romualdez Airport located here is the region's largest airport, with plans for expansion into an international standard facility underway. Copra is Leyte's most important export product. More than 30% of the cultivatable land is planted with coconut palms. Other important agricultural exports are rice, maize, sugar cane and abaca. These are mostly shipped directly from Tacloban, making it unnecessary to send exports via Manila.

A major selling point for investors is that the city draws power primarily from the large Tongonan Geothermal Power Plant, which produces plenty of power that is relatively unaffected by global oil prices. Water resources are also abundant. Tacloban is also the gateway to the Leyte Industrial Development Estate in Isabel, home of the Philippine Phosphate Fertilizer Plant, the largest fertilizer factory in Asia, and the Philippine Associated Smelter and Refining Company, the country's biggest copper processing plant.

Several investment opportunities abound in Tacloban, being the regional capital and the gateway to the region, and home to a large number of highly educated workforce. Opportunities are available to service oriented enterprises and labor industries such as manufacturing, call centers, business process outsourcing,and retail and related services like shopping malls, gyms, cinemas, hotels, resorts, and restaurants.

A recent development is the plan of the Gokongwei group to start construction of its Robinson's shopping mall project here in the third quarter this year. Aside from the shopping mall project, the company also plans to build a 150 room hotel on a four-hectare lot at the Marasbaras district, four kilometers from the city proper, city administrator Jimmy Yaokasin told the Inquirer in a recent interview. The investment for the shopping mall and hotel would reach around P2 billion.That is the single biggest investment yet for the city. The construction of the mall and hotel will start in October and will be completed in 14 months. That means, by 2008, Tacloban City will have an additional shopping mall. Tacloban’s only shopping complex at present is the Gaisano mall located downtown.

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Date  Title  Action
Article 
03 Oct 2010  BUSINESS DIRECTORY: WEARABLES  View
25 Sep 2010  List of State Universities and Colleges in Region VIII  View
25 Sep 2010  Region VIII: Agricultural and Market Information  View
28 Mar 2008  History of Tacloban  View
13 Oct 2007  One Stop Export Documentation Center  View
25 Sep 2007  Visayas tourism perks up  View
News 
25 Sep 2007  Price of abaca fiber increases by 30 percent  View
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