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Trade
and Industry
As
of 2001, the city has 381 export
and import private manufacturing
firms. It also has more than 8,000
major business establishments engaged
in local and domestic trade, wholesale
and retail merchandising, and services.
Mandaue City’s potential market
includes Cebu City (6 km, 20 min.)
and Metro Manila (1 hr. by airplane).
The city is very near to the local
seaport (2 km, 3 min), Cebu International
Port (3km, 7 min.), MEPZ-RIC (3.5km,
7min.) and Mactan Cebu International
Airport (3km, 10 min.)
The city’s geographical advantages,
among others include the following:
- Proximity
to international seaport (CIP),
international airport (MIA) and
the Regional Industrial Center
(RIC) @ MEPZA
- Leader
in domestic manufacturing and
processing industries
- Strategic
location for international/global
business linkages
- Availability
of sufficient land for expansion
(reclamation)
- Availability
of Quality Labor Force
- Safety
and Security
- Local Government
Supports new business
- Relatively
advantageous land rent
- Flat terrain
The
City of Mandaue is known as the industrial
hub of the province of Cebu and the
region. As of the year 2002, about
9,000 commercial and industrial establishments
have located in the City of Mandaue,
generating a total gross sales of
P50,540,275,281.30 and a total business
tax collection of P89,615,062.01.
The year 2002 saw the entry of 872
new businesses.
Of the total number of establishments,
2,509 are General Merchandisers, 128
are importers, 171 are exporters,
272 are in the manufacturing sector,
983 are into services, 461 are real
estate lessors, 235 are into the food/restaurant
business, and 52 are in the banking
sector.
The major industries of the city are
the furniture sector which accounts
for 85% of the total export of the
country.
Comparatively, 6,935 commercial and
industrial establishments were registered
in the year 2000, generating a total
gross sales of P48,374,625,488.06
and a total business tax collection
of P68,538,737.75. 7,894 were registered
in the year 2001, with a total gross
sales of P44.736,976,044.71 and a
total business tax collection of P75,934,154.85.
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