Business Friendly

A reasonable cost of doing business

Labor Cost

Minimum daily wage rate ranges from PHP 372.00 to PHP 400.00

Accommodation Cost

Standard double occupancy starts at PHP 1,500.00 per night

Transportation

Tricycle: Php 11.00 to Php 30.00 per ride plus Php 2.00/km

Taxi: PHP 40.00 Flag down rate

Jeepneys: PHP 10.00 to 90.00/way

UV Express: PHP 180.00 to PHP 250.00/way

Bus/PUB: PHP 45.00 to PHP 120.00/way

Office Space Rental/Lease

Commercial space leases start at Php 6,500 monthly

Water Rates

Water rates range from Php 48.64 to Php 122.98 per cubic meter

Power Rates

Electricity rates starts at Php 16.42/kWh

1,327

College Graduates for the S.Y. 2020-2021

579,846

Working Population for 2020

17.86%

Increase in Working Population from 2017

98%

Literacy Rate

Remittances and Purchasing Powers

High Dollar remittance. Over 55% of Ilocano families continue to receive OFW remittances.

Get in touch with us

Ilocos Norte Trade and Investment Promotions Center

Ilocos Norte Provincial Capitol Rizal St., Laoag City, Philippines 2900

+63(77) 772-1212 loc 112

invest.ilocosnorteph@gmail.com

Invest Ilocos Norte

© Provincial Government of Ilocos Norte

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