INVEST IN BACOLOD CITY
The City of Smiles
Dynamic IT-BPM powerhouse, robust trade & real estate, world-class infrastructure, and a business‑friendly LGU — Bacolod City offers unmatched investment potential.
Quick Facts
ClassificationHighly Urbanized City
Population (2024)624,787
Land Area16,145 hectares
Barangays61
Annual Growth Rate1.42%
GDP (current)₱120.9 Billion
Poverty Incidence5.3%
AccessibilityInt'l Airport · Fastcraft 37 trips/day · Ro-Ro 4 trips/day
Economic Performance
GDP & Financial Indicators
Gross Domestic Product₱120.9 Billion
Share in Western Visayas GDP13.8%
GDP Growth Rate4.9%
Per Capita GDP (2021)₱197,842
Unemployment Rate6.3%
Life Expectancy71 years
Top 3 Contributing Sectors
- IT-BPM
- Wholesale and Retail Trade
- Real Estate & Development
Population 18 below33.6%
Population 64+5.8%
Population Density36 persons/km²
Land Classification & Infrastructure
Land Utilization (hectares)
Agricultural Land1,759 has
Residential Land5,805 has
Commercial Land4,240 has
Other Classification3,806 has
Connectivity & Transport
Ro-Ro Vessels2 vessels · 4 trips/day
Fastcraft5 vessels · 37 trips/day
International AirportBacolod-Silay Airport
Education & Healthcare
Higher Education Institutions
- ABE International Business College
- AMA Computer College-Bacolod
- Bacolod City College
- Carlos Hilado Memorial State University
- Colegio San Agustin-Bacolod
- College of Arts and Sciences of Asia and the Pacific
- Convention Baptist Bible College
- Fast Central College, Inc.
- John B. Lacson Colleges Foundation
- La Consolacion College-Bacolod
- NU Bacolod Inc.
- Riverside College, Inc.
- Sacred Heart Seminary - Bacolod
- STI West Negros University
- University of Negros Occidental-Recoletos
- University of Saint La Salle
- VMA Global College & Training Centers
Medical Hospitals
- Bacolod Adventist Medical Center
- Bacolod Our Lady of Mercy Specialty Hospital
- Corazon Locsin Montelibano Memorial Regional Hospital
- Pablo O. Torre, Sr. Memorial Center
- The Doctor’s Hospital
- South Bacolod General Hospital
- Metro Bacolod Hospital
Good Governance
| Year | Awards & Recognitions |
|---|---|
| 2024 |
|
| 2023 |
|
| 2022 |
|
Local Investment & Incentives Code 2016
Fiscal Incentives
Tax ExemptionsFull exemption from business fees & sales taxes for up to 5 years.
RPT ReductionExemption from basic Real Property Tax on new improvements for 5 years.
Non-Fiscal Incentives
One-Stop Shop (BOSS)Simplified registration & licensing.
Technical SupportPriority assistance for strategic projects.
Priority Sectors
IT-BPM – Expansions & innovation hubs
Agro-industry & Food Processing
Renewable Energy & Eco-tourism
Real Estate & Mixed-use Developments
Investible Projects
Project Highlights
Integrated Public Market & Transport Hub
Smart City Digital Infrastructure
Street Lighting Project (₱185.7M solar LED)
Road Concreting (₱139.5M)
Blue Economy Initiative (sustainable agri-fishery)
Ease of Doing Business
Bacolod City implements modernized mechanisms to facilitate investor entry and operational efficiency. Average business registration: 77 minutes with complete docs.
Local Investment & Incentives Code 2016
E-BPLS Compliant
P4 Ordinance C.O 854
Business One Stop Shop (BOSS)