Business Friendly

A reasonable cost of doing business

Labor Cost

Minimum daily wage rate ranges from PHP 282.00 to PHP 340.00

Accomodation 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 36.00 to Php 90.00 per cubic meter

Power Rates

Electricity rates range from Php 6.34 to Php 8.60.kWh

4,175

College Graduates for the S.Y. 2019-2020

579,846

Working Population for 2020

9.87% & 17.86%

Increase of College Graduates from 2018 and Increase in Working Population from 2017, respectively.

98%

Literacy Rate

Remittances and Purchasing Power

  • 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