Technical Leaders - Working with the Management Team
Executive Brief on Aurora property
1. EXECUTIVE BRIEF FOR A
20,000-HECTARE PROPERTY
Municipalities of Dipaculao and Dinalungan,
Aurora Province, Philippines
Prepared by:
TIERRA DE ORO
REALTY & DEVELOPMENT CO., INC.
Email: tierradeoro@ymail.com
2. TIERRA DE ORO
REALTY & DEVELOPMENT CO., INC.
The property straddles two municipalities,
Dipaculao
and
Dinalungan,
in
the
northeastern Luzon province of Aurora. It is
around 243 kilometers northeast of Metro
Manila.
The property is located around 40 to 50
kilometers from the Aurora Pacific Economic
Zone (APECO), a special economic zone that
was established in 2007, which is located in
the neighboring municipality of Casiguran.
The area is accessible by land via the
Bongabon-Baler
Road
or
the
CanliliPantabangan Road. Once the international
port and airport at APECO are built then the
property will also be accessible by air and
water transportation.
Dipaculao and Dinalungan are small municipalities
with a combined total population of around 40,000
people. This will change once the APECO is fully
operational.
3. TIERRA DE ORO
REALTY & DEVELOPMENT CO., INC.
The property is around 20,400 hectares facing the
Philippine Sea and has a shoreline frontage of 21,700
meters (21.7 kilometers) long including stretches of
white sand beach. It’s still mostly raw land with small
areas being planted with coconut and other agricultural
crops.
Cemented roads
passing through the
property
4. TIERRA DE ORO
REALTY & DEVELOPMENT CO., INC.
The property has almost 22 kilometers of frontage on the
shoreline facing the Philippine Sea. It also has a waterfall
in one area and the entire property has an ample supply
of water from several rivers and creeks originating from
Sierra Madre mountain range. It is located near the
mouth Casiguran Bay which provides good shelter from
storms because of the Sierra Madre mountain range and
the San Ildefonso Peninsula.
5. TIERRA DE ORO
REALTY & DEVELOPMENT CO., INC.
Ongoing constructionIsabela Road
Casiguran-Baler
Road
There is currently a national road being built between
the provincial capital of Baler and the APECO located
in the town of Casiguran with a budget of around Php
1.68 Billion (around US$42 Million).
This road runs through the property and
covers a distance of around 20 kilometers
through the property. The road is around 1 to
1 and ½ km from the shoreline. This gives us
an interior frontage of around 20 kilometers
on both sides. In addition, another road going
to the northern province of Isabela is also
being built running through the property. The
roads are expected to be completed by 2013.
6. TIERRA DE ORO
REALTY & DEVELOPMENT CO., INC.
The size of the property and its
location along the coast allows
for many different kinds of
projects:
• Large-scale agricultural
projects
• Agro-industrial ventures
• Industrial parks
• Leisure parks/resorts
• Township developments
• Aquaculture projects
7. TIERRA DE ORO
REALTY & DEVELOPMENT CO., INC.
large-scale agricultural ventures
It should be noted that
coconut water export shot
up by 80% in the last year or
so adding to the many
potential
products
from
coconuts. There are already
several thousand coconut
trees
existing
on
the
property.
For agricultural projects the most
ideal would be coconut and copra,
since Aurora used to be part of
Quezon province, the Philippines’
biggest producer of coconut, copra
and other coconut-based products.
Other crops that would be
ideal would be rice, corn,
banana, palm, rubber and
coffee.
8. TIERRA DE ORO
REALTY & DEVELOPMENT CO., INC.
large-scale agricultural ventures
Cattle-raising, poultry and hogfarming can also be done due
to the sheer size of the
property.
On the parts of the property that
are sloping, crops like cassava and
corn can be planted. Except for
rice, all other crops are export
crops with large worldwide
demands.
These
activities
will
also
complement
the
other
agricultural
activities
by
providing a natural and organic
source of fertilizer from the
manure produced by these
activities.
9. TIERRA DE ORO
REALTY & DEVELOPMENT CO., INC.
agro- industrial ventures
With a substantial agricultural base, other agroindustrial projects such as mills, processing plants,
chicken dressing plants and refineries can also be
established providing value-added services for its
agricultural products. India, in particular, imports
huge amounts of palm oil, whether crude or refined
for its cooking oil needs.
Rubber oil, which is used for making waterproof
adhesives or sealants, is also on high demand.
Cassava and corn crops can be turned into bioethanol
or biodiesel end products through a refinery and can
be exported through the port being built at APECO.
These can all be built or produced on site to
complement the agricultural portion of the project.
10. TIERRA DE ORO
REALTY & DEVELOPMENT CO., INC.
aquaculture projects
Aquaculture projects can also be done since the
property has a very long coastline frontage. The
area is also abundant in tuna and other
commercial fish species and can also be used for
hatcheries and other aquaculture projects.
Value-added services can include canning and
processing of the fish that are captured or grown
in the projects. One interesting aquaculture
product is seaweed, which has applications both
as a food and for industrial food production, and
where the Philippines has some of the best
technology in the world.
11. TIERRA DE ORO
REALTY & DEVELOPMENT CO., INC.
industrial projects
Industrial projects can include an industrial
park and even a shipbuilding or a ship repair
complex. A port is also possible although and
international port is being built at the APECO.
Industrial locators can easily ship their goods
out via the port and airport being built at the
APECO, which is also true for the agricultural
projects.
The close proximity to these infrastructure
facilities will mean cheaper transportation
costs for the manufacturers/producers.
12. TIERRA DE ORO
REALTY & DEVELOPMENT CO., INC.
Tourism Industry
Leisure resorts and other recreational projects can
also be developed, particularly beachfront resorts.
Tourist activities will not be limited exclusively to
beach activities as there are other natural attractions
in the interior of the property which can be developed
into an eco-tourism project or a health spa/farm. The
Tourism Bill signed into law a few years ago provides
incentives such as tax holidays, tax breaks on capital
equipment, and resident visas for foreign workers for
any area that can be classified as a Tourism Ecozone.
The construction of the new airport and international
seaport in the APECO will make it easy to attract and
bring foreign tourists.
13. TIERRA DE ORO
REALTY & DEVELOPMENT CO., INC.
Other Possibilities: Residential
Development
The development of APECO will lead to the
growth and progress of the area, and any project
that will bring in jobs will result in urbanization.
Foreign principals can also develop township
projects where they can build communities which
allow their citizens to live, work and play in an
environment where everything can be secured
and accessible. Retirement communities alone
would be a huge market considering the aging
populations in Japan, Singapore, and Europe. All
these developments and
economic activities
will result in the need for further residential and
commercial expansions.
14. TIERRA DE ORO
REALTY & DEVELOPMENT CO., INC.
Other Possibilities: Mineral Development
/ Mining Prospects & Sustainable Logging
There is a possibility of mineral development
or mining potential in the area - which is
known to old local folks as “Gold Country”.
But this has to be confirmed through further
geological survey. Another possible source of
economic activity is selective logging and the
growing of hardwood trees that can be logged.
This type of sustainable logging can be possible
in spite of the current logging ban in the
Philippines.
The opening of APECO, for which the
government has already spent close to Php 1
Billion (US$25 Million) to develop, is expected
to spark economic growth in this area. The
government is also spending an additional Php
2.7 Billion (US$61 Million) to build an
international seaport and to upgrade the
existing airport to accommodate international
flights. APECO will become the economic and
tourism center of the eastern portion of the
country.
15. TIERRA DE ORO
REALTY & DEVELOPMENT CO., INC.
The property is legally titled under the laws of
the Republic of the Philippines, all inquiries &
negotiations may be coursed thru its consultants
– Tierra De Oro Realty & Development Co., Inc.
( email: tierradeoro@ymail.com ) or
Mr. E.L. Salas ( email: elsalas522@yahoo.com ).
The property is open for sale, lease, joint
venture, or other forms of cooperative
arrangements, partially or fully.
The seemingly endless possibilities on the
property make it an ideal project for foreign
investors or conglomerate who can handle largescale developments or multiple projects.
The size of the property can answer business and
food security concerns of the interested
companies, institutions and/or agro-industrial
investment funds.