Buguey

Buguey, officially the Municipality of Buguey (Ibanag: Ili na Buguey; Ilocano: Ili ti Buguey; Tagalog: Bayan ng Buguey), is a 3rd class municipality in the province of Cagayan, Philippines. According to the 2015 census, it has a population of 30,175 people.

Buguey is a third-class municipality comprising of thirteen (13) coastal barangays and seventeen (17) non-coastal barangays covering a land area of 16,450.05. Agriculture dominates the municipal economy where the people are predominantly engaged in agriculture, fishing, livestock and forestry. About 80% of the municipality is total number of the families are engaged in farming, fishing and related activities, 7% are employed in the government, 2% are overseas workers and 11% are self-employed.

Predominantly rural, the municipality is development activities are primarily focused on rural agricultural development and the provision of technical assistance in production along increased research and development extension programs in agriculture and fishery. The high marine and fresh water fishery development potential and large area of existing and potential in land fisheries make Buguey an ideal site for extensive investment in various fishery enterprises. Most recent development indicated that 284 hectares ideal for inland fisheries located at barangays Cabaritan and San Isidro are awaiting final declaration from the PEZA Board as agro-industrial economic zone to be known as the Buguey Economic Zone. The PEZA declaration is seen to generate more employment in the agriculture and fishery sector that will further boost the municipality is claim as the crab capital of the north and the possibility of becoming the aquaculture center in the Cagayan Valley Region.

(Source: Wikipedia and LGU Buguey)


INVESTMENT TAGLINE

“Discover Buguey”
(Source: LGU Buguey)

DEMOGRAPHY

Total Population (PSA 2015)Working Age PopulationEmployedUnemployed
30,17518,23514,3483,893
(Source: Database of Investment-related Information)

INFRASTRUCTURE

Total Road NetworkExisting Internet Service ProvidersExisting Water Service ProvidersExisting Electricity Service Provider and Capacity
169.31 km.Smart Communications and
Globe Telecoms.
Buguey Water System (LGU Operated)Cagayan Electric Cooperative (CAGELCO)
(Source: Database of Investment-related Information)

PUBLIC UTILITY VEHICLES

BusesPassenger VansJeepneysTricycles
1718226
(Source: 2020 CMCI RDCS – Region)

FINANCIAL INSTITUTIONS

No. of Remittance CentersOther Financial Institutions
23
(Source: 2020 CMCI RDCS – Region)

MEDICAL SERVICES

Medical Services ProviderCategoryExisting Bed Capacity
(Source: Database of Investment-related Information)

ACCOMMODATION FACILITIES AND BED CAPACITY

Name of Accommodation FacilityCategoryMaximum Bed Capacity
Crab HotelHotel and Resort90
Thea’s PlaceHotel32
(Source: Database of Investment-related Information)

MAJOR COMMODITY, CROPS AND/OR PRODUCE

Major Crops and ProduceProductivity for 2016
(In Metric Tons)
Productivity for 2017
(In Metric Tons)
Productivity for 2018
(In Metric Tons)
Rice35.38936.47819.055
Corn2.3522.4641.140
Crabs65.18966
(Source: Database of Investment-related Information)

MAJOR PRODUCTS

Product NameProducer/ProcessorExisting Market
NDANDANDA
(Source: Database of Investment-related Information)

EXISTING BIG-TICKET INVESTORS (Asset Size of at least P60 Million)

Name of InvestorsProduct LinesExisting Market
NDANDANDA

FISCAL AND NON-FISCAL INCENTIVES

Fiscal IncentivesNon-Fiscal Incentives
NDANDA
(Source: Database of Investment-related Information)

REASONS TO INVEST IN BUGUEY

Reasons to Invest in Buguey
1. Buguey is accessible by land, water, and air transport.
2. Buguey is 610 kms. Away from Manila and 71 kms. Away from CEZA.
3. Buguey is generally peacefully and business friendly environment.
(Source: Database of Investment-related Information)

STEPS IN REGISTERING A BUSINESS AND REQUIREMENTS

No.StepsRequirementsProcessing TimeOffice Concerned
1Verification of Documentary Requirementsa. Barangay Clearance/CTC
b. Barangay Business Permit
c. Police Clearance/BFP
d. DTI/SEC/CDA Certificate
e. Sanitary Permit
5 mins.BPLO
2Assessment of Fees15 mins.MTO
3Recording and Releasing of Business Permit25 mins.BPLO
(Source: Database of Investment-related Information)

COMPETITIVE/COMPARATIVE ADVANTAGES

Competitive/Comparative Advantages of Buguey
1. Accessible through land, water and Air transport.
2. Competitive manpower resources in fishery and agriculture.
3. Its brackish lagoon/river is a home diverse aquatic resources.
4. It has best fishing grounds for marine resources.
(Source: Database of Investment-related Information)

AWARDS AND CITATIONS

Awards and Citations of Municipality of Buguey
1. Outstanding Disaster-Prepared LGU for the Province of Cagayan (2018) – DILG
2. Seal od Child-Friendly Local Governance-National Finalist (2017) – DSWD
3. Best Assistance to Disadvantaged Municipality Project Implementer (2017) – DILG
4. Seal of Good Local Governance (2015,2017) – DILG
5. Seal of Child-Friendly Local Governance (2014-2017) – DSWD
6. One of the top 100 Municipalities in Fish Program (2015) – BFAR
7. Hall of Famer (2011-2013) Anti-Red Tape – DILG
8. Seal of Good House Keeping (2011) – DILG
(Source: Database of Investment-related Information)

CONTACT DETAILS OF LOCAL ECONOMIC AND INVESTMENT PROMOTION OFFICER/REPRESENTATIVE AND DTI NEGOSYO CENTER JUNIOR BUSINESS COUNSELOR (NC – JBC)

NameDESIGNATIONMobile/Telephone NumbersEmail Address
Rogelio T. TabacoLEIPO Designate0926 447 0977
Hainrich Kevin U. UniteNC – JBC Buguey0926 964 2282nc.buguey@gmail.com