Private construction is considered as one determinant of the influx of private investments. As shown in Table No. 4-25, total building permits issued for construction is 2,890 covering a floor area of 165,526 square meters valued at PhP 555,069.
Table No. 4-25
: No. of Permits, Floor Area
and Value of Construction
Davao del Norte, CY 2005
|
Type of Construction |
No. of Building Permits |
Floor Area (Sq. M.) |
Value of Construction |
|
Residential |
2,529 |
120,499 |
351,945 |
|
Non-Residential |
278 |
45,027 |
183,529 |
|
Other
Miscellaneous Construction |
83 |
- |
19,595 |
|
Total |
2,890 |
165,526 |
555,069 |
Source : National Statistics Office
Davao del Norte placed second to Davao City in Region XI in the total number of building permits issued and in the value of construction. (Table No.4-26).
Table No. 4-26: No. of Building Permits and Value of
Construction, Region XI by Province / City, 2005
|
|
Davao del Norte |
Compostela Valley |
Davao del Sur |
Davao City |
Davao Oriental |
|
No. of Building Permits |
2,890 |
1,227 |
397 |
3,274 |
161 |
|
% Share |
36.36 |
15.44 |
4.99 |
41.19 |
2.03 |
|
Value (in P’000) |
555,069 |
125,095 |
157,841 |
3,316,669 |
66,853 |
|
% Share |
13.15 |
2.96 |
3.74 |
78.57 |
1.58 |
Source: National Statistics Office