Bacarra is a budding investment and innovation hub open for business. Just 10 minutes north of the provincial capitol, this rapidly urbanizing town is raring to grow and ready to go!
Reasons to Invest
1
Strong Local Economy with Growth Potential
The Municipality of Bacarra has a rapidly urbanizing consumer economy, providing opportunities for great returns for many businesses. Moreover, Bacarra enjoys a steady inflow of remittances from abroad. The town has seen growth in the number of businesses and income in spite of the impact of the COVID-19 pandemic, and is only projected to further grow with the full recovery of the economy.
2
Strategic Location and Improved Accessibilities.
Located ___ minutes from the capital city of Laoag, ___ minutes from the Laoag International Airport, and ___ from the Currimao Seaport. Further improvements to the road network, particularly the Laoag-Bacarra Bypass Road and the soon to be activated San Nicolas-Laoag-Bacarra Bypass Roads shall significantly improve transportation and mobility to and from Laoag and San Nicolas, the provinces’ commercial business districts. In addition, the continued development/rehabilitation of farm to market roads mainly to improve access for production purposes also open opportunities to better link potential tourism site attractions.
3
Quality of Life
Bacarra is a livable sub-urban community with spacious, lush greenery populated by compassionate and peace-loving people. The Municipality has a 100% crime solution rate and 100% crime efficiency rate, with the number of crimes decreasing since 2019 to 2022.
4
Ease in Doing Business
Bacarra provides an investor-friendly environment through the activation of its Local Economic Development and Investment Promotions Office which provides investment facilitation services to business owners and potential investors. Moreover, Bacarra is compliant with the requirements of the Anti-Red Tape Authority or ARTA pertaining to the procedures and requirements for starting a business, as well as other government transactions related to business establishments.
5
Pool of Trained Human Resources.
The Municipality of Bacarra is the fifth most populated town in the province, next only to the Cities of Laoag and Batac, Dingras, and San Nicolas. While there are currently no tertiary education facilities in the Municipality, it is home to one of the largest secondary schools in the province – the Bacarra National Comprehensive National High School – together with Cadaratan National High School, produces some 600 senior high school graduates every year, all skilled and readily employable to join the work force. Combined with one of the most active employment training and livelihood development programs in the province – the NICOMEDES program – Bacarrenos are highly skilled and motivated to deliver positive outcomes in the work place.
6
Sustainable Production
Bacarra is blessed with fertile land resources ideal for farming and agriculture. At least 3,287 hectares of all farmlands in the Municipality are prime agricultural lands, and as such protected for their importance in achieving national food security and the global battle against hunger.
7
Provision of Incentives
Fiscal and non-fiscal incentives are provided to businesses engaged in the investment priority areas of the Municipality, which include: tourism, agri-business, manufacturing, services, and real estate development.