Sprawling along the graceful slopes of the Zambales mountain ranges at 120 feet above sea level & situated just 15 minutes from Olongapo City, Alta Vista by GP Homes offers magnificent panoramic views of nearby Subic Bay...Iloilo City
Source: iloilocity.gov.ph, nscb.gov.ph
Iloilo City, determined to recapture its crown as the "Queen City of the South," continue to stride towards revitalizing socio-economic growth. The coming in of multi-million investments and the rise in private building construction and emergence of new industries give a beam to its business atmosphere.
The city's population represents a big manpower pool and a growing consumer market. Purchasing power is generally high given the favorable income distribution in Iloilo. Assuring the business sector of a steady supply of multi-skilled manpower are the city's 22 tertiary schools.
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.
TRADE AND INDUSTRY
There are 8,407 business establishments as of December 2003 in Iloilo City, where 1,182 are new establishments. Total capital investments for new business establishments is P365,506,020.92, however, both new and renewed capital investments for the year 2003 amounted to Php 13.02 Billion.
The City has 40 universal, 24 commercial, 11 governments, 9 thrift, 1 development, 9 savings, and 1 Thrift/Government and 2 rural banks which includes branches/extension offices in the different districts.
Private building constructions totaled 822 in 2003 with a total construction cost of P 1,005,443,542.74.
Business names registered at Dept. of Trade & Industry (DTI) totaled 1,911 with the total investment of P 4,116,492,305.95.
Labor Force Participation Rate (LFPR) is 66.0 % (April, 2003).
79.5 % of the Labor Force are employed where 20.5 % constitute unemployment rate; while visible underemployed rate is 11.9 %. Of the employed person by type of industry from primary occupation 82 % belongs to service sector, 14 % belongs industry sector and only 4 % are in agriculture (as of April 2003 FIES, NSO).
Average Annual Family Income (at current prices) is P 283,604 or a percentage increase of 32.3 between 1994 to 1997 while Average Annual Family Expenditures is P 226,887 or a 25.6% increase (2000 FIES).
Average per Capita Income is P 65,036 and Average Per Capita Expenditures is P 51,557 (FIES 2000).
Average Inflation Rate is 3.2, the Average Purchasing Power of the Peso is 0.62 and the Average Consumer Price Index (CPI) is 162.6 in 2003. (Source: NSO, Prices Section).
Volume of Fish Unloaded and Auctioned at Iloilo Fishing Port Complex is 28,037,695 kgs. While Volume of Finished Fish Products shipped out is 241,862.92 kgs. in 2003. Also a total of 345,334.93 kgs. of materials was also processed at Iloilo Fishing Port Complex (IFPC).
History
Irong-Irong appears in the Maragtas legend of the coming of ten Bornean datus (Chieftains) to Panay who bartered gold for the plain s and valleys of the island from a local Ati chieftain. One datu, Paiburong by name, was given the territory of Irong-Irong (now Iloilo). For 300 years before the coming of the Spaniards, the islanders live in comparative prosperity and peace under an organized government and such laws as the Codes of Kalantiaw.
In 1566, the Spaniards under Miguel Lopez de Legaspi came to Panay and established a settlement in Ogtong (now Oton, Iloilo). He appointed Gonzalo Ronquillo as deputy encomiendero who in 1581 moved the seat of Spanish power to La Villa de Arevalo, a sitio named in honor of his hometown in Avila, in Spain. By 1700 due to recurrent raids by Moro pirates, Dutch and English privateers, the Spaniards moved to the village of Irong-Irong where by Moro pirates, Dutch and English privateers,the Spaniards moved to the village of Irong-Irong where close to the mouth of the river they built Fort San Pedro. Irong-Irong or Ilong-Ilong whose name the Spaniards shortened to "Iloilo" later became the capital of the province.The Maragtas, a set of ancient documents, is a popularly accepted chronicle of ancient Panay, According to the documents, Datu Puti and his fellow datus, together with their families, warriors and slaves, fled from the tyranny of Sultan Makatunao of Borneo, and landed at now known as the town of San Joaquin.At that time, Panay was inhabited by native aboriginal people, the small, dark-skinned "Atis" who were ruled by King Marikudo and Queen affluent land bustling with trade and commerce. Maniwangtiwang. King Marikudo sold the lowlands of Panay for the price of a golden hat (saduk), a long golden necklace (manangyad) and other assorted items. After the sale, the Atis retreated to the highlands and newcomers settled in their new home. In 1566, when the Spaniards set foot on the land they later renamed Iloilo, discovered an affluent land bustling with trade and commerce. Its flourished economic activities and excellent port made Iloilo the premier province of the country.
In December 1898, the Americans entered the Iloilo port and took over the reins of the City. Under American tutelage, many Ilonggos became luminaries in the fields of politics and government. The outbreak of the Second World War took a heavy toll on the province. Like the rest of the country, Iloilo was left with severely shattered economy and deeply demoralized populace. Possessing the resilence and determination of their forebears, the Ilonggos slowly regained their foothold. Today, Iloilo has rejoined the ranks of the progressive provinces outside of Metro Manila. Iloilo's colorful history has distilled a spirit that posses the complex nuances of contrasting cultures. It is a culture essentially Oriental, progressively Occidental, yet uniquely Ilonggo.
The Old Dock City
The rapid economic growth of the place led to the opening of the port of Iloilo to world trade in 1855. Iloilo soon emerged to be the biggest center of commerce and trade in the Visayas and Mindanao, second only to Manila. In 1890 under Becera Law of 1899 the Ayuntamiento of Iloilo (City Government) was established. The City of Iloilo by virtue of a Royal Decree of 1896 was given the honor of having a Coat of Arms with the Inscription: "La Muy Leal Y Noble Ciudad de Iloilo."
The period under the American saw Iloilo taking greater roles in politics, industry and agriculture. With good roads, an airport and irrigation systems, Iloilo rose to be a major food basket of the country. Its fishing industry flourished that it was known as the "Alaska of the Philippines." The sugar industry also pushed further the economy upward.
Iloilo's march on the road to progress was hindered by the coming of the Second World War, but not its march to greatness. For even in difficult times, the Ilonggos, as the people of Iloilo are known, proved equal to challenges. They refused to be subdued by the enemy. Its civil government did not surrender to the Japanese. The guerilla warfare waged in Panay won the admiration of America and the world.
Though the postwar years were not so kind to Iloilo, the Ilonggos survived and managed to trudge on the road to prosperity. With Iloilo's highly diversified agricultural economy, industrious people and a great tradition for sincerity and genuine warmth, the Ilonggos seem to have little to complain about The New Commercial Port Complex 20.8 Hectares of reclaimed land. container freight stations.The Iloilo Shipping Port Facility at Fort San Pedro (left). One of the three major shipping ports in the city.
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