supplemental notes for the 2016 blereb (1)

8/20/2019 Supplemental Notes for the 2016 Blereb (1)

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Supplemental Notes for REBLEX 2016© ATM | 2

RA. 6957 [ BOT LAW ], "AN ACT AUTHORIZING THE FINANCING, CONSTRUCTION,OPERATION AND MAINTENANCE OF INFRASTRUCTURE PROJECTS BY THE PRIVATESECTOR, AND FOR OTHER PURPOSES

OTHER TYPES of CONTRACTUAL ARRANGMENTS

1. Build-and-transfer - the project proponent undertakes the financing and construction of agiven infrastructure or development facility and after its completion turns it over to thegovernment agency or local government unit concerned, which shall pay the proponent onan agreed schedule its total investments expended on the project, plus a reasonable rate ofreturn thereon.

.2. Build-own-and-operate - a project proponent is authorized to finance, construct, own,

operate and maintain an infrastructure or development facility from which the proponent isallowed to recover its total investment, operating and maintenance costs plus a reasonablereturn thereon by collecting tolls, fees, rentals or other charges from facility users:

3. Build-lease-and-transfer - a project proponent is authorized to finance and consruct aninfrastructure or development facility and upon its completion turns it over to the

government agency or local government unit concerned on a lease arrangement for afixed period after which ownership of the facility is automatically transferred to thegovernment agency or local government unit concerned.

4. Build-transfer-and-operate - the public sector contracts out the building of aninfrastructure facility to a private entity such that the contractor builds the facility on a turn-key basis, assuming cost overrun, delay and specified performance risks.

5. Contract-add-and-operate - A contractual arrangement whereby the project proponentadds to an existing infrastructure facility which it is renting from the government. It operatesthe expanded project over an agreed franchise period. There may, or may not be, a transferarrangement in regard to the facility.

6. Develop-operate-and-transfer - favorable conditions external to a new infrastructureproject which is to be built by a private project proponent are integrated into the arrangementby giving that entity the right to develop adjoining property, and thus, enjoy some of thebenefits the investment creates such as higher property or rent values.

7. Rehabilitate-operate-and-transfer - an existing facility is turned over to the private sector torefurbish, operate and maintain for a franchise period, at the expiry of which the legal title tothe facility is turned over to the government.

.8. Rehabilitate-own-and-operate - an existing facility is turned over to the private sector

to refurbish and operate with no time limitation imposed on ownership

PPPs - Public-Private Partnership PPP is broadly defined as a contractual agreement between theGovernment and a private firm towards financing, designing, implementing, and operatinginfrastructure facilities and services that were traditionally provided by the public sector. Itembodies optimal risk allocation between the parties—the Government minimizing the costwhile realizing project developmental objectives; and the private sector getting a reasonablerate of return.

Trans-Pacific Partnership (TPP) is a landmark agreement that eliminates or reduces tariffs,lowers the cost of trade, and sets new and high standards for global trade while


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addressing next-generation issues. The TPP is envisioned to promote economic growth,create jobs, raise living standards, reduce poverty, promote good governance, andenhance labor and environmental protections among its member countries.

OFWS

Source : POEA


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BPOS

BPO (business process outsourcing) - the “delegation of service-type business processed toa third-party service provider.”

Based on the 2015 data, the BPO industry

employs around 1.1 million Filipinos and

is expected to generate $21.3 billion dollars

compared to the 11 million OFWs that sent a total of $25 billion dollars in 2015.http://filamstar.net

TOURISTS/ TOURISM

Visitor Markets, January to December 2015. Korea still continued to be the biggest visitor-generating market with the year 2015 marking another milestone for this country by providing1.34 million visitors, the first country market to passed the 1.3 million mark. This marketaccounted for one-fourth or 25% of the total arrivals and likewise registering a significant growthof 13.97%.

1. Korea 1,340,0002. United States of America : 779,2173.Japan : 495,6624. China : 490,8415. Australia : 241,1876. Singapore : 181,1767. Taiwan : 177,6708. Canada : 156,3639. Malaysia : 155,81410.United Kingdom : 154,589.


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High growth markets, January to December 2015. In addition to the top twelve markets,countries with substantial growth in inbound are: Spain with 24,144 arrivals (+24.76%), NewZealand with 20,579 arrivals (+16.24%), France with 45,505 (+16.84%), Saudi Arabia with50,884 arrivals (+17.02%), Netherlands with 28,632 arrivals (+13.46%), and Hongkong with122,180 (+7.08).

Prepared by: Tourism Research and Statistics Division (TRSD),Office of Tourism Planning, Research and Information Management (OTPRIM)Tourism Development Planning (TDP), Tourism Development,

____________________________________________________________________________________________

POPULATION


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ENVIRONMENT

NATIONAL GREENING PROGRAM

The National Greening Program (NGP) is a massive forest rehabilitation program of thegovernment established by virtue of Executive Order No. 26 issued on Feb. 24, 2011 byPresident Benigno S. Aquino III. It seeks to grow

1.5 billion trees in 1.5 million hectares nationwidewithin a period of six years, from 2011 to 2016.

LEED

Leadership in Energy and Environmental Design (LEED) is a rating system that isrecognized as the international mark of excellence for green building in 150 countries.

DENR ACCOMPLISHMENTS

1. Identified the Top 10 provinces highly susceptible to landslides, to wit:

a. Marinduqueb. Rizalc. Cebud. La Unione. Southern Leytef. Benguetg. Nueva Vizcayah. Batangasi. Mt. Province

j. Romblon

2. Identified the Top 10 provinces highly susceptible to flooding, to wit:a. Pampangab. Nueva Ecijac. Pangasinand. Tarlace. Maguindanaof. Bulacang. Metro Manilah. North Cotabatoi. Oriental Mindoro

j. Ilocos Norte

3. Completed the geohazard assessment and mapping of all the 1,634 cities andmunicipalities, with a scale of 1:50,000.

4. Distributed a total of 75,000 map sheets to all local government units down to the barangaylevel, with corresponding training and capability-building to interpret the maps.

5. Started the preparation of more detailed geohazard maps in 2011, with scale of 1:10,000,initially targeting 218 municipalities.


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RECLAMATION

Accomplished Reclamation Projects Manila Bay: Bay City Reclamation Project (formerly Boulevard 2000) This project, located in the Cities of Pasay and Parañaque, is composed of the following islandreclamation:

Central Business Park I-A Central Business Park I- B & C Central Business Park II Asia World

Central Business Park I - A (CBP I-A)

CBP I-A covers an area of 200 hectares. It is entirely located in the City of Pasay, contributing morethan 10% to the city‟s former land area of 1,900 hectares. The major land owners are the SM Group,the Metrobank Group of Companies, and the PRA.

The Shrine of Jesus is the first landmark built in the area. Across it is the Mall of Asia which wasopened in May 2006. The mall, one of the largest in Asia, spans a floor area of 386,000 squaremeters. With SM by the Bay, the Mall of Asia complex is possibly the largest single attraction in theentire metropolis. It has daily visitors reaching 100,000 and it employs more than 6,000 Pasay Cityresidents. CBP I-A is also home to Mall of Asia Arena, an ultra-modern events venue with a full-house capacity of 20,000 and facilities of NBA standard.

The Metropolitan Park, owned by the Metrobank Group of Companies, is the home of Manila TytanaColleges (formerly Manila Doctors College), Toyota Manila Bay Corp., Le Pavilion, MetrobankBranch, Bay Garden Condominiums, Petron Gas Station and Blue Wave, a complex of restaurantsand commercial establishments.

A prominent part of CBP I-A is an esplanade adjacent to SM by the Bay. It is the new preferredrecreation area for the public where people can freely access a view of the sea and of the famousManila Bay sunset.

Central Business Park I - B & C

A joint venture of PRA and R-1 Consortium, CBP B & C cover 210 hectares of reclaimed land.Bordered on the north by the Redemptorist Channel and Mall of Asia Arena in CBP I-A, and in thesouth by the Seaside Channel CBP-II and the Manila Bay Town Subdivision, the project stretches


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across the shoreline of Manila Bay with approximately 1.2 kilometers offshore with an approximateperpendicular distance of 1.5 kms.

Part of CBP B & C is PAGCOR‟s Entertainment City where Solaire Resort & Casino stands. Openedin March 2013, Solaire Resort & Casino provided 4,600 managerial and entry-level jobs for Filipinos.

Currently, CBP B & C is fast-becoming the new central business district of the City of Parañaque.

Central Business Park II

Entirely owned by Manila Bay Development Corporation, the 43-hectare area is home to UniwideCoastal Mall and Metro Manila Development Authority‟s Southwest Integrated Provincial TransportTerminal .The bus terminal operates 24-hours a day and dispatches 900 buses that serve approximately54,000 passengers every day.(http://www.president.gov.ph/news/aquino-inspects-major-terminals-in-metro-manila/) It is part of a centralized, intermodal and integrated bus terminal system whichaims to improve the mobility of people and the traffic situation within the road networks of MetroManila.

Asia World This 173-hectare property, owned by the Tan Yu family is now a residential complex withinfrastructure facilities already in place.

Reclamation projects in the pipeline

Las Piñas - Parañaque Coastal Bay Project

The Las Piñas - Parañaque Coastal Bay Project involves the reclamation of shallow portions ofManila Bay in the southwest of Manila. Las Piñas City has 431.71 hectares under its jurisdictionwhile Parañaque City has 203.43 hectares. This 635.14 hectare project is intended to be agovernment center, residential, industrial, educational, and commercial zone. It is bounded by AsiaWorld Properties in the North, and the Municipality of Bacoor, Cavite in the South.

Mactan North Reclamation and Development Project

The Mactan North Reclamation and Development Project is being undertaken by the City ofLapu-Lapu by virtue of the Memorandum of Agreement between the City and PRA. Covering 400hectares of foreshore and offshore areas in Mactan Bay, the project aims to integrate industrial,commercial, residential and tourism development . PRA will have a land share of 20 hectareswhile Lapu-Lapu City will own 380 hectares.

Aklan Beach Zone Restoration and Protection Marina Development Project

A beach stabilization and sea level rise adaptation strategy, the seafront development started life as

an answer to the unabated coastal erosion. It is a 2.6 hectare project located at Caticlan, Malay, Aklan. The reclaimed land is envisioned to become tourist related sites that will complement thenearby island of Boracay.

BREDCO A joint undertaking of PRA, Bacolod Real Estate Development Corp., and the City of Bacolod, theproject is a 108-hectare reclamation area located in the City of Bacolod for commercial andindustrial uses.

http://www.president.gov.ph/news/aquino-inspects-major-terminals-in-metro-manila/http://www.president.gov.ph/news/aquino-inspects-major-terminals-in-metro-manila/http://www.president.gov.ph/news/aquino-inspects-major-terminals-in-metro-manila/http://www.president.gov.ph/news/aquino-inspects-major-terminals-in-metro-manila/


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The land development in the vicinity of the project includes mixed industrial, institutional, residentialand commercial areas. The major thoroughfares of the project can accommodate both vehicular andpedestrian traffic ranging from light to heavy loads. Locators within the reclamation area include SMCity Bacolod, Shell Service Station, SeaOil and Phoenix Oil Depot, San Sebastian College, Trans

Asia Shipping Lines, Inc., Sulpicio Lines, Inc., a hotel and a condominium among others.

Coron

The project, located along the foreshore and offshore areas of Coron Bay in Barangays Poblacionand Tagumpay in the Municipality of Coron, Palawan, is envisioned to become a world-class“tourism estate”. Out of the total 50 hectare project area, about 9.7 hectares has been reclaimedand developed. Among the amenities already established in the area include the three-storey CoronGateway Hotel, Tourism Office and Park Administration Building, Barangay Hall, two-storeyRestolane Buildings and other support facilities and utilities.

Mabini

In partnership with SeaOil and Mabini Terminal Development, Inc., the 8.5 hectare reclamationproject in the Municipality of Mabini, Batangas is intended for mixed commercial and industrial use.

PROFESSION/PRACTICE/ REAL ESTATE ORGANIZATIONS

AREAA - Founded in 2003, the Asian Real Estate Association of America (AREAA) is anonprofit trade organization dedicated to promoting homeownership within the Asian

American and Pacific Islander (AAPI) community.- over 15,000 members in 35 chapters across the US and Canada, AREAA is the

largest Asian organization in North America

NAR - National Association of REALTORS®, “The Voice for Real Estate,” is America‟s largesttrade association, representing 1 million members, including NAR‟s institutes, societies

and councils, involved in all aspects of the residential and commercial real estateindustries.

Membership is composed of residential and commercial REALTORS®, who are brokers,salespeople, property managers, appraisers, counselors and others engaged in allaspects of the real estate industry. Members belong to one or more of some 1,400 localassociations/boards and 54 state and territory associations of REALTORS®, or to one of81 cooperating associations in nearly 60 countrieS

OTHERS

ASEAN MEMBER STATES

1. Brunei Darussalam

2. Cambodia

3. Indonesia

4. Lao PDR

5. Malaysia

6. Myanmar

7. Philippines

8. Singapore

9. Thailand

10. Viet Nam


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North –South Railway Project South Line

The Government of Philippines‟ (GoP) NSRP South Line aims to deliver a reliable, safe, andenvironment-friendly transport service to currently underserved areas in southern Luzon andencourage more productive activities. The Project is comprised of two components:

1. Long-Haul Passenger Rail Operationsfrom Manila to Legaspi City in the Bicol Region, with extensions toBatangas City and Matnog in Sorsogon (478km main line, with 175km for extensions)

2. Commuter Rail Operationsfrom Manila to Calamba City in Laguna (56km)

THE CLARK GREEN CITY

Building a „Green City‟ at the 36,000 hectare portion of the Clark Special Economic Zone inPampanga will approximately cost P200 billion. The green metropolis would be a mix of industrial,institutional and commercial areas, which would apply green technologies by adapting a GreenBuilding System. Renewable energy from sustaining sources will be used by all facilities and

buildings in Clark Green City that is half the size of Metro Manila.

9 TRENDING LOCAL CITIES THIS YEARBy: Tessa R. Salazar@inquirerdotnetPhilippine Daily Inquirer12:50 AM January 23rd, 2016

Property analysts and experts forecast that developers will continue to pursue townshipdevelopments in and outside Metro Manila in 2016. Now, where could these, and other types ofdevelopments be? Here are the nine likeliest urban locations:

1 Cavite. Colliers International Philippines cites three reasons Cavite is on developers‟ maps: Cavite has been known as a suburban support area to Metro Manila. With its relatively cheaperhousing costs, Cavite has drawn within its boundaries hundreds of thousands, who still commutedaily to their workplaces within Metro Manila.

Numerous infrastructure projects recently launched will allow Cavite to flourish. The LRT-1 extensionproject will end in Bacoor; the government has now started the bid for LRT-6 which will furtherextend the LRT line from Bacoor to Dasmariñas City. Furthermore, the 44-kilometer Cavite-LagunaExpressway (Calax) project will provide necessary access to growth areas in Cavite.

With the completion of the Muntinlupa-Cavite Expressway (MCX), a toll road which connects theSouth Luzon Expressway (SLEx) to Daang Hari, property values in the area are foreseen to escalaterapidly. The new toll road will spur rapid development in emerging master-planned communities

such as Vista Land‟s Vista City and Ayala Land‟s Vermosa Estate, which have the potential toestablish themselves as full-blown central business districts (CBDs).

Property portal Lamudi Philippines, in its 2016 top cities list, shares eight more locations that willbenefit from real estate investments.

2 Quezon City. The population of Metro Manila‟s largest city is projected to grow to more than 3.5million by 2020, with many looking into relocating there. Quezon City properties are relatively moreaffordable compared to Makati and Taguig, and offers plenty of options to homebuyers.


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3 Makati. The country‟s foremost financial and business district won‟t be outdone, even if theaverage rental rate in its CBD is expected to decrease 3.39 percent year-on-year by the third quarterof 2016, vacancies to increase to 10.19 percent across all condo grades. Fringe areas, however, arestarting to see an uptick in real estate activity, particularly Barangay San Antonio, near Ayala

Avenue. “Worsening traffic conditions in Metro Manila are making these areas attractive to r enters

and homebuyers,” said Lamudi.

4 Taguig. “Taguig‟s population is projected to reach almost one million by 2020, which will make itthe National Capital Region‟s fourth more populous (after Quezon City, Caloocan and Manila) andthe country‟s 9th. The city‟s real estate sector has been on an upswing ever since Fort Bonifacio wasprivatized,” noted Lamudi. It added that several projects now are underway: Megaworld‟s McKinleyWest and Ayala Land‟s Arca South. Access to and from the airport (particularly Terminals 1 and 2)and to Coastal Road will also improve when the flyover connecting CP Garcia Avenue to theMoonwalk Access Road and West Service Road is finally completed.

5 Pasay. This city is gaining prominence because of: 1) Bay City—the reclamation area alongManila Bay housing the Mall of Asia Complex, Entertainment City—and Aseana City; 2) The SMgroup has already incorporated office and residential components in the MOA complex; 3) Federal

Land is set to complete its Six Senses Residences in 2016 and its first tower in the Palm Beachproject in 2017; 4) Improved infrastructure when the Naia Expressway connecting the Metro ManilaSkyway to the Manila-Cavite Expressway and Entertainment City, is finally completed.

6 Bacolod. In mid-2015, Lamudi data showed that Bacolod had become among the most popularcities among online property hunters. In fact, real estate giant Megaworld announced in late 2015that it was building two integrated townships in the city (the 50-hectare Northill Gateway and the34-hectare The Upper East), while Ayala Land has sealed an agreement with the provincialgovernment of Negros Occidental to build the mixed-use Capitol Central.

7 Davao. Davao remains southern Philippines‟ economic and business center, and one of the mostsearched cities in the Lamudi website in 2015. Its population is projected to balloon to 1.83 millionby 2020. Davao is also consistently among the most searched by online property hunters, and thesixth and third most searched city by property hunters based in the United States and Saudi Arabia,respectively, according to Lamudi data.

8 Cebu. Cebu City is one of Tholons‟ top 10 outsourcing destinations in the world (and second inthe Philippines behind Metro Manila). According to CB Richard Ellis Philippines, exciting expansionsand new developments are coming in over the next few years. In 2015 alone, two new large mallsopened in the city, SM Seaside City Cebu and Robinsons Galleria Cebu. SM Seaside alone has anarea of 10-15 hectares devoted to commercial development, similar to the E-com office towers in theMOA complex, while Robinsons Galleria will have entire floors dedicated to BPO offices.

9. Muntinlupa. The south of Metro Manila, specifically Muntinlupa, is also projected to perform wellthis year, with the launch of several high-profile projects from the country‟s biggest developers, one

of which is Avida‟s South Park District, a mixed-use development sitting on the former Nestlé plant in Alabang, in addition to the established Filinvest and Madrigal business districts. Further, inanticipation of infrastructure projects expected to ease travel to the south, property developers,including Rockwell subsidiary Rockwell Primaries, and Vista Land are now eyeing Muntinlupa astheir next focus area.

Source : http://business.inquirer.net ________________________________________________________________________________________

http://business.inquirer.net/http://business.inquirer.net/http://business.inquirer.net/http://business.inquirer.net/


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GOD BLESS and GOOD LUCK TO YOU ALL !

HLURB 2014 ANNUAL REPORT

supplemental notes for the 2016 blereb (1)

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