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Property brief on solana, cagayan
1. Executive Brief on the
1,400 hectare property in
Solana, Cagayan
Prepared by:
TIERRA DE ORO
REALTY & DEVELOPMENT CO., INC.
Email: tierradeoro@ymail.com
2. Location of the Property
The property has an area size of
14,020,980 square meters (1,402 hectares)
spanning through two municipalities:
Solana and Enrile in the province of
Cagayan situated in the northeastern
corner of the island of Luzon. Solana,
where the bulk of the property is located,
is virtually a suburb of Tuguegarao - the
largest city and the capital of Cagayan
province.
The town of Solana has benefited greatly
from this close proximity to Tuguegarao.
The property is less than a kilometer away
from Tuguegarao City and only 300 meters
from the bridge dividing Solana and
Tuguegarao – built over the mighty
Cagayan River which is the longest river in
the country.
3. Demography
Solana is a second class municipality
with a population of 190,000, while
Enrile is a fourth class municipality with
a population of over 80,000 people.
Tuguegarao City, just across the bridge
from the property, has a growing
population of 370,000 and is the center
for business, trade and education.
Given its role as the seat of the
provincial and regional government, the
city is the hub of commercial,
institutional and socio-economic
developments in the Cagayan Valley
and all of Northeastern Luzon region.
Tuguegarao’s economic activities have since
expanded to include tourism, agribusiness,
trading, manufacturing and exporting finished
products.
Tuguegarao City is considered to be the University Capital of
Region 2 because of the 25 universities and colleges that
reside in it - producing pools of well-educated workers every
year. Labor and power costs in the area are lower than in
Manila and National Capital Region.
4. Within the past three decades, the
city’s economy gradually shifted from
agriculture to secondary/tertiary
economic activities such as trading,
commerce and services. Financing,
insurance, real estate firms and 31
banks are operating in Tuguegarao.
Woodcraft and furniture made of
hardwoods, rattan, bamboo, and
other indigenous materials has
become an important industry
employing homegrown artisans and
skilled craftsmen.
Trade and service establishments
together with industrial and tourism-
related activities are expanding in the
area. On the average, about 150
additional business establishments
are registered in the city every year
reflecting an average increase of
7.83%.
5. The airport will be built to support the Cagayan
Special Economic Zone in northern Cagayan,
which currently channels international seaborne
cargo traffic through nearby Port Irene. The
airport project will involve the construction of a
2,200-meter runway with a width of 45 meters,
following the standards of the International Civil
Aviation Organization.
The city also serves as a vital transportation and
communication hub which makes the property in
Solana easily reachable via buses en route to
Manila, Port Irene, Baggao, Aparri, and Santiago
City. The Tuguegarao City Domestic Airport is a
modern facility at 21 meters or 69 feet above sea
level and is capable of servicing a 737 jet plane.
Small aircrafts, helicopters and army cargo planes
also utilize the airport. Cebu Pacific, Sky Pasada
and Air Philippines are the domestic airline
companies which provide daily flights to and from
the city.
Strategic Location : easeof access
The Northern Cagayan
International Airport is a
planned airport to be
built in Lal-lo, Cagayan
which is about 50 kms
north of Solana passing
thru the Cagayan-
Apayao road.
Lal-lo Airport
Solana
Photo of airplane taking off at Tuguegarao Airport’’s runway
6. Part of the Solana portion of the property is
adjacent to the Cagayan-Apayao National
Highway. While on the southern side of the
property, another road connects the estate to the
Enrile town proper. There is a 10-meter wide
barangay road that traverses thru-out the entire
property. The land is mostly flat and is currently
under-utilized for agriculture. Around 200
hectares are planted to rice and sugar cane.
Cagayan-Apayao National Highway in Solana
7. Development Potentials
Agro-Industrial Complex Eco-Zones and Manufacturing
Facilities
Residential Townships and
Educational Institutions
Business Parks and
CommercialCenters
The recent investment grading
given by major international
agencies to the Philippines is
expected to drive inflow of
economic activities. The size,
topography and location of the
property, plus the timing of the
investment upgrade, makes the
property ideal for various
projects such as :
Tourism and Leisure Resorts
8. With the growing population of Tuguegarao and its
surrounding region, the demand for housing is also
increasing. With the size of the property, new eco-
zones and business parks can be built, and with the
presence of industrial development, various
residential and other commercial developments
will soon follow.
Another ideal investment in the property is a Wind
Farm project. Utilizing a free and inexhaustible
source of clean renewable energy, this project is
wholly complementary to sustaining growth and
development. Land between the turbines can still
be used for agricultural, tourism and other
purposes. As a general rule, economic wind
generators require wind speeds of 16 km/h or
greater. Solana is a perfect location for its near
constant flow of non-turbulent winds throughout
the year with easy access to nearby transmission
lines and a growing local demand. In fact, the
province of Cagayan is the site of two wind farm
projects which will be operational in 2015 aimed
at generating up to 80 megawatts of wind energy
for the region.
Based on the current agricultural zonal
classification, the land can be acquired at a very
good price. This can have a very large upside
potential for investors within the next 5 years as
developments in the area continues to grow.
The development of new eco-
zones in the area will boost
employment and income,
resulting in an increased demand
for residential and commercial
projects.
9. The property is legally titled under the laws of the
Republic of the Philippines, and all
inquiries/negotiations may be coursed thru it’s
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 cooperative agreements , partially or fully.
The seemingly endless possibilities on the property
make it an ideal project for foreign investors or
conglomerates who can handle large-scale
developments or multiple projects.
The size of the property can answer business and food
security concerns of interested companies, institutions
and/or agro-industrial investment funds.
Status of the property