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 Business and Investment Opportunities

With the influx of migration, remittances play a vital role as a significant source of family income. However, the City Government of Masbate believes that dependency on remittances does not promote long term financial stability. Masbate City sees the importance of empowering and providing overseas Filipinos and their families with opportunities to maximize the migration costs and remittances. The City Government offers skills and livelihood training programs for locals and overseas Filipinos and their families who are committed to start their own business in Masbate.

A. Eco-tourism based facilities

  • Hotels, restaurants and other recreational facilities
  • Souvenir shops and boutiques
  • Vehicle rental terminals
  • Department stores
  • Sports and recreation clubs
  • Galleries and museums
  • Travel lounge and rest areas
  • Restoration of heritage and buildings

B. Sea/Land Air Transport

C. Renewable energy and power generation

D. Agriculture

  •  Organic crop and livestock production
  • Tree plantation
  • Commercial aquaculture and other reef lagoon harvesting
  • Fresh fish exporting

E. Manufacturing and production

  •  Ice plant and cold storage
  • Coco-based production facilities
  • Dairy food processing
  • Traditional and cultural handicrafts
  • Freezing and drying or drink bottling food processing
  • Jewelry making
  • Screen fabric printing and book printing/publishing

F. Manufacturing and assembly

  • Garments
  • Footwear
  • Toys
  • Kitchen and housewares

G. Property Development

  •  Retirement and commercial estates
  • Hospitals and medical clinics
  • Memorial parks
  • Warehousing
  • Medical, educational, training and sports facilities
  • Shopping malls
  • Convention centers

H. Telecommunications/Information Technology

  •  Call centers/BPOs

I. Other Areas

  •  Cinema operations
  • Cultural attractions and performances