Laguna Provincial Capitol – Photo by je245 on Flickr
Written by: Aiya Rodjel
The province of Laguna made a name for its beautiful lakes and majestic mountains, but the economy of Laguna is on the rise. Aside from being the home of the Pagsanjan Falls and Mount Makiling, hot spring resorts, and the birthplace of Jose Rizal, Laguna province is also a huge economic player in the Philippines.
Due to the congestion in Metro Manila, a lot of businessmen find Laguna province so attractive because of its strategic location and more affordable costs for operation. Connectivity, which is a must nowadays, is also progressive, with various internet service providers available in the locality.
More than shoes
Contrary to what people might think, there’s more to Laguna Philippines than excellent locally made shoes and hot springs. In fact, Laguna province has become one of the hottest business locations in the country.
In this article, we’ll delve into the economic drivers in the province of Laguna. We’ll also focus on why investing in Laguna is a promising endeavor for aspiring entrepreneurs.
Laguna and Laguna Provincial Capitol
Situated southeast of Metro Manila, Laguna is the seventh richest province across the nation. It has 24 municipalities and 6 cities, and its provincial capital is Santa Cruz. Laguna is in Region 4A, which comprises Cavite, Laguna, Batangas, Rizal, and Quezon.
In recent years, these provinces have evolved into becoming the industrial powerhouse of the Philippines. Region 4A is relatively cheaper than Manila but has access to premiere services and power utilities as well.
You can also check out these recent articles:
- What Is the Economy of Bulacan?
- Is it good to invest in Pampanga?
- Top 3 Best Places to Start a Business in Pampanga
- Advisory on Planet Cable’s Channel List Update Starting October 2021
- What are some useful solutions to a fiber cut?
People of Laguna
Laguna Philippines is home to over 3 million people and is the center for a lot of development across real estate, manufacturing, and even tourism. Tourists often flock to western and east areas of the province for various reasons.
Students interested in pursuing education in Agriculture often go to the International Rice Research Institute for further learning. History buffs venture out to Calamba to learn more about the history of the Philippines’ national hero, Jose Rizal.
The economy of Laguna
Because Laguna is a few minutes drive away from Metro Manila, a lot of corporations located in the Metro have spilled over into the province. However, there is, somehow, an imbalance in the economic development of Laguna.
The western part of the province serves as a catch basin of the urbanization of the Metro. On the other hand, the eastern part of Laguna remains to be an agricultural area. The sugar industry of Laguna remains formidable.
The uniqueness of Laguna
A lot has changed across the province of Laguna over the years. A huge number of sugar plantations have been converted into subdivisions, townships, and industrial estates. Interestingly, Santa Rosa has become the Detroit City of the Philippines due to the concentration of vehicular manufacturers in the area.
The town of Los Baños remains the center for agricultural research because it houses the University of the Philippines (UP) and the International Rice Research Institute (IRRI).
Thus, business opportunities in Laguna province range from agriculture and fishing from Laguna lake to manufacturing and industrial players. From budding entrepreneurs to giants in the world of business, there are a lot of amazing opportunities in the Laguna economy.
Good for the family
Aside from being good for business, there are a lot of commercial establishments and good schools located in Laguna province. This makes moving to Laguna such an attractive prospect for people looking to enjoy some fresh air, while not being too far from Metro Manila.
After all, a visit to the big cities would only take a few minutes or hours. Plus, the promise of growth and development in Laguna means it’s a great investment for families. Also, being accessible to nearby provinces make it an attractive place to connect with the rest of the country.
Businesses in Santa Rosa City Laguna
It’s amazing how in 1946, Santa Rosa City was mainly a rural area. Most people in Santa Rosa Laguna were basically farmers engaged in commercial agriculture. In the 1980s, the South Luzon Expressway (SLEX) was built and this proved favorable for the city.
At least 21 globally competitive companies, mainly those in the manufacturing industry, invested properties in the town. These include iconic companies such as Coca-Cola-Bottling Company Inc. and Monde Nissin.
Santa Rosa’s exponential growth
In 2010, these 21 companies multiplied into 102, mostly situated in the seven PEZA-registered industrial estates. These companies generated over a hundred thousand jobs and almost eight billion dollars to the country’s export earnings.
Santa Rosa Laguna is known as the Detroit City of the Philippines hosts four car manufacturers and two bus assemblers. To this day, Santa Rosa City is the home of the largest bottling plant of Coca-Cola.
Sta Rosa also boasts of the Philippines’ first and only world-class theme park, Enchanted Kingdom. This drives a lot of people to head to Santa Rosa for family fun, and of course, generated a lot of jobs for those living in the area.
Other major industries in Sta Rosa
In addition to these, Santa Rosa City hosts companies that manufacture electronics and semiconductors, automotive and automotive parts, metal, packaging, food processing. A lot of players from the promising Business Process Outsourcing (BPO) industry also have office spaces in Santa Rosa.
The services sector, mainly from the commercial areas, serves as the biggest employer of the working population of Santa Rosa. With the demand of the BPO industry on the rise, this may change in the years to come. However, services will still be a big contributor.
Businesses in Cabuyao Laguna
Known as “The Enterprise City of the Philippines” the City of Cabuyao is located in the country’s industrialized region. Cabuyao is bordered by Santa Rosa in the North, the Laguna de Bay in the east, and Calamba City in the south.
Cabuyao’s strategic location is the reason why a lot of companies have invested in this town. In fact, huge companies such as Nestle Philippines, Proctor & Gamble Philippines, Wyeth Philippines have established factories in Cabuyao, Laguna Philippines.
Cabuyao’s prestigious history
Cabuyao was previously known as the “Richest Municipality in the Philippines”. This was because of the large number of immigrants who work in the city. It is also the location of one of the most prestigious golf courses in the country, Sta. Elena Golf Course and Country Club. Now, Cabuyao hosts companies from industries, commercial, services, and agriculture.
As Cabuyao has access to Laguna de Bay, there are still a number of fisheries in the area. After all, this well-known lake is the Laguna source for fish. Thus, there is an interesting blend of urban and rural areas in the town.
Businesses in Binan Laguna
Binan City is known mainly for its trading centers. In fact, the city has the largest public market in the province of Laguna. Businessmen from nearby towns often go to the city in order to purchase goods and merchandise intended to be sold elsewhere.
If you’re an online seller looking to score affordable products, buying them in bulk from Binan City would prove to be a smart decision. Binan Laguna is also home to a very popular summer destination, Splash Island, the Philippines’ premiere water recreation theme park.
What makes Binan famous
Binan is known for its Puto Binan, a type of pancake made from rice flour, topped with cheese or butter. That’s why a lot of people intending to visit nearby provinces pass through Binan for this famous delicacy.
The city is also famous for its shoes and hats. If you’re looking for excellent quality slippers, hats, or shoes, you can find a lot of suppliers in Binan. That’s why a lot of fashion companies team up with Binan City manufacturers to optimize their business operations. After all, having local manufacturers drive the value of the product.
Businesses in San Pablo City Laguna
Known as the City of the Seven Lakes, San Pablo is a well-known tourist destination and industrial and educational hub. Its unique location raises its value as a center for good quality fun. One of the oldest cities in the Philippines, San Pablo boasts of an impressive eco-tourism destination.
Because of its attractive land prices, a lot of BPO companies interested in customer satisfaction are seriously looking at developing the city into the ICT hub of Southern Luzon. Apart from this, it remains a flourishing culture hub and revenue puller for tourists. Its location makes it easy for local and international travelers to travel to access its famous resort complexes.
Progress in San Pablo
The most famous of which is Villa Escudero, which has the richness of coconut plantation, and provides serenading Filipino songs and Bayanihan Dances (Folk Dances). Millions of tourists journey to this iconic destination to enjoy the best the country has to offer.
While a lot of car companies have manufacturing or production plants in Sta Rosa, they have showrooms, marketing, and parts/servicing centers in the city. This has provided a lot of job opportunities in the automotive industry.
Plus, a lot of realtor developers have residential projects in progress. This has produced a lot of job opportunities as well. The city of San Pablo may be dominated by tourism players, but its towns show a lot of promise for economic development.
Businesses in San Pedro Laguna
Dubbed as the ‘dormitory town’ of Metro Manila, a lot of Manilenyos and people from Laguna and nearby provinces pass through San Pedro. This is because of the city’s highly efficient road and transport system. San Pedro is at the terminus of numerous city bus routes, which provides a lot of opportunities for those working in public transportation.
Because of its location, a lot of factories, including Alaska Milk Corporation, have operations in this city. This city is mostly urbanized, which means there are a lot of business establishments that provide job opportunities for its residents. A lot of people from nearby cities of Metro Manila even choose to reside in San Pedro because of its accessibility and affordability.
Other opportunities in Laguna Province
Aside from these major cities, there are a lot of other attractive destinations in Laguna province. Calamba takes visitors back to the Spanish era as there are a lot of preserved mementos of Jose Rizal. Aside from learning about Rizal, people who go to Calamba can access plenty of beautiful water parks as well.
The various hot springs across Los Baños make it a center for rest and relaxation. In fact, a lot of people hold company outings in Laguna given its location. The provincial capital of Santa Cruz serves as the gateway to other famous destinations in the region, such as Pagsanjan, Lake Caliraya, Liliw, Paete, and Nagcarlan. Liliw is famous as a center for good-quality shoes in the Philippines.
The Laguna Edge
From budget-friendly housing to great tourist destinations such as Pagsanjan Falls, the Holy Sepulchre, and the iconic Laguna lake, there are a lot of opportunities for growth in the province of Laguna.
You can go to Hot Springs one day, and then have fun at the Enchanted Kingdom the next day. This is why it comes as no surprise that those looking to escape the hecticness of Manila venture to this province for some peace and quiet.
What’s fantastic about Laguna Philippines is its rapid urbanization has granted the province access to a lot of services and utilities. This includes excellent health facilities, international restaurant chains, and of course, great internet connection.
In fact, one of the newest internet providers in the Philippines, Streamtech Fiber Internet, caters to a lot of towns and municipalities in the province of Laguna. We provide residents and offices across Laguna with reliable and fast internet connections at budget-friendly prices.
Aside from providing clients with unlimited fiber internet, we also empower users with their favorite television channels. This is through our partnership with Planet Cable. Plus, we also offer packages to elevate your home connection.
Visit the official Facebook Page of Streamtech if you have questions or for more details.