COST OF DOING BUSINESS IN ILOILO

Rates below apply to Iloilo City Businesses only. Different rates may apply to Provincial businesses and municipalities. Please refer to Cost of Doing Business 2007 handbook of the Iloilo Provincial Government for complete provincial rates.

* Rates subject to change without prior notice.

REAL ESTATE

DISTRICT	Highest market value of land in iloilo city based on the schedule set by the City Assessor’s Office, Iloilo City.C1				Minimum Cost Estimate of Land in Iloilo City (PHP - Per Sq. Meter.)
		C1	C2	11	12	Commercial and Industrial
lloilo City Proper	P 22,000.00	P 21,000.00	P 12,000	P 8000.00	P 5,000.00 - P 40,000.00
Lapaz	P 11,000.00	P 9,000.00	P 3,000		P 1,500.00 - P 20,000.00
Jaro	P 10,000.00	P 9,000.00			P 1,500.00 - P 18,000.00
Molo	P 9,000.00	P 7,000.00			P 1,500.00 - P 10,000.00
Mandurriao	P 8,000.00	P 7,000.00			P 1,500.00 - P 6,000.00
Arevalo	P 3,000.00	P 2,500.00			P 1,500.00 - P 5,000.00

Based on the 1997 Schedule base unit market value of lands; Source: City Assessor's Office, Iloilo City and the Iloilo Banker's Association

Average Rate of Rent/Lease of Commercial Space at City Center: (Per Sq. Meter/month)
SM City	P 850.00
Marymart Mall	P 450.00 - 600.00
The Atrium	P 450.00
Robinsons	P 450.00 - 600.00
Gaisano City	P 350.00 - 500.00
*J.M. Basa	P 300.00
Warehouses (near the ports)	P 30.00-50.00 / sq. m.

* Per Space/month

UTILITIES

POWER RATES

Rate / Charge	Commercial	Industrial
Average Rate per KwHr	P8.1822	P7.8958
Distribution Charge
Generation Charge	6.4245	6.4245
Transmission Charge	0.0003	0.0003
Distribution Charge	0.5138	0.2658
Demand Charge		68.3600
Supply Charge per customer	37.0700	37.0700
Metering Charge per customer	359.6400	853.6300
Inter-classcross-subsidy	0.1020	0.193
Sub-total (A) Local Franchise Tax	0.75%(A)	0.75%(A)
System Loss Charge	0.7536	0.7536
Lifeline Rate Subsidy	0.1061	0.1061
Sub-total (B) Value Added Tax (VAT)	12% of (A+B)	12% of (A+B)
Missionary	0.0373	0.0373
Environmental	0.0025	0.0025

Source: PECO

WATER RATES

Classification	Service Size	MINIMUM CHARGE	COMMODITY CHARGE (m3) in pesos
					July 01,2004	11-20	21-30	31-40	41-50	51-Up
Residential / Government		1/2”	159.00	17.50	19.25	21.25	23.60	26.30
		3/4”	245.40	17.50	19.25	21.25	23.60	26.30
		1”	508.80	17.50	19.25	21.25	23.60	26.30
		1 1/2”	1,272.00	17.50	19.25	21.25	23.60	26.30
		2”	3,180.00	17.50	19.25	21.25	23.60	26.30
		3”	5,724.00	17.50	19.25	21.25	23.60	26.30
		4”	11,448.00	17.50	19.25	21.25	23.60	26.30
Commercial / Industrial		1/2"	318.00	35.00	38.50	42.50	47.20	52.80
		3/4”	508.80	35.00	38.50	42.50	47.20	52.80
		1”	1,017.60	35.00	38.50	42.50	47.20	52.80
		1 1/2”	2,544.00	35.00	38.50	42.50	47.20	52.80
		2”	6,360.00	35.00	38.50	42.50	47.20	52.80
		3”	11,448.00	35.00	38.50	42.50	47.20	52.80
		4”	22,896.00	35.00	38.50	42.50	47.20	52.80
		6”	38,160.00	35.00	38.50	42.50	47.20	52.80
Bulk / Wholesale		1/2”	477.00	52.50	57.75	63.75	70.80	78.90
		3/4”	763.20	52.50	57.75	63.75	70.80	78.90
		1”	1,526.40	52.50	57.75	63.75	70.80	78.90
		1 1/2”	3,816.00	52.50	57.75	63.75	70.80	78.90
		2”	9,540.00	52.50	57.75	63.75	70.80	78.90
		3"	17,172.00	52.50	57.75	63.75	70.80	78.90
		4”	34,344.00	52.50	57.75	63.75	70.80	78.90
Public Faucet		1/2”	159.00	17.50	17.50	17.50	17.50	17.50
		3/4”	254.40	17.50	17.50	17.50	17.50	17.50
		1”	508.80	17.50	17.50	17.50	17.50	17.50
		1 1/2”	1,272.00	17.50	17.50	17.50	17.50	17.50
		2”	3,180.00	17.50	I7.50	17.50	17.50	17.50
		3”	5,724.00	17.50	I7.50	17.50	17.50	I7.50
		4”	11,448.00	17.50	17.50	17.50	17.50	17.50

Source: MIWD

TELEPHONE LINES

INSTALLATION CHARGE	Philippine Long Distance Company (PLDT)	Globelines
Commercial /Business	P 1,000.00	FREE
Residential	P 1,000.00	FREE
Telesulit	P 1,500.00
Globelines Prepaid		P 500.00 with P 100.00 Load for Residential use
Number of Installed Telephone Lines	29,634	11,971
Number of Available Telephone Lines	11,289	8,603
Current Service Capacity	40,923	20,574

* VAT Included