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Friday, February 23, 2007

 

VIRTUAL REALITY
By Tony Lopez
Bringing entrepreneurship 
to Camarines Sur


IT takes an entrepreneurial mind to design ways to alleviate poverty in Camarines Sur.

Located in the heart of Bicol, the peninsula at the southern tip of the Philippines’ main island, Luzon, Camarines Sur is one of the country’s 40 poorest provinces.

About 40 percent of its 1.7 million population live below the poverty line, defined as earning $1 a day or less per person.

The province covers an area of 526,682 hectares—521 times the size of the original Makati’s upscale residential and business district.

Shaped like a galloping horse, Camarines Sur is the largest of Bicol’s six provinces, all of which are among the 40 poorest.

Camarines Gov. Luis Ray­mund “LRay Villafuerte” Jr., 39, is tapping two areas with which to leapfrog Camarines Sur into the 21st century—tourism (sports and ecotourism) and information technology (such as call centers, business process outsourcing, English and Japanese language proficiency, medical transcription and 2D animation).

150-hectare capitol

LRay is developing portions of the 150-hectare capitol in Pili, the provincial capital town. The property was acquired by his predecessor, his father, Luis Villafuerte Sr., governor for nine years until 2004.

Bought for only P2.5 million, the sprawling complex is now worth P1.8 billion, making the provincial government rich, in assets and, probably, also in cash.

Half the size of the Makati commercial district, it is the largest provincial government center in the country.

Lray finished political science at Manila’s De La Salle University in 1980 before attending a course at Stanford Graduate School of Business in 2003. He wanted to become a lawyer too but his father suggested, “Why don’t you try business?” LRay did try business. Barely 22 then, he put up Lara’s Gifts and Decors, Inc., in 1990 with P50,000 in capital and three workers.

Today, LGD has 5,000 workers, over P400 million in assets, a four-hectare factory in Taguig, and showrooms in New York, Minneapolis and Hong Kong, supplying unique handicrafts (what he calls “technocrafts”) to upscale chain stores like Target, Pier One Imports, Linens ’n Things and Bed, Bath & Beyond. After his election as governor in 2001, his wife, Lara, took over LGD management.

Entrepreneurial zeal

LRay is employing the same entrepreneurial zeal and creativity to turn Camarines Sur around.

For tourism, Villafuerte built a P50-million wakeboarding lake within the complex. It has become a stunning success. “Daily, we receive 100 guests,” he says, “all of them want to wakeboard.” “Wakeboarding has become the province’s biggest attraction,” gushes President Arroyo.

“Everyone believes this is the best wakeboarding complex in the world,” says Reuben Buchanan, the CWC manager, noting its cable setup, equipment, six pylons, obstacles, and the lake’s flat waves. The flatter the better for wakeboarders.

Wakeboarding is the fastest-growing extreme sports in the world, says LRay. He estimates there are two million wake­boarders and only 150 facilities for them in the world. Europe and America have a shortage of wakeboarding facilities which are used at most for only four months of the year. In winter, the water is frozen. In the fall, the wind is chilly.

IT and tourism

For IT, LRay put up a building on a 5.8-hectare portion of the provincial complex. This is the IT hub and it houses schools or classrooms to train Bicolanos in English proficiency, nurses and caregivers destined for Japan in Japanese language proficiency, medical transcribers, and illustrators in 2D animation. There is even a nursery serving as day care center for children of provincial government employees. All are free for Bicolanos.

To prepare for the throngs of tourists, Villafuerte is building a 100-room hotel, effectively expanding the present 17-room Mansion Suites inside the capitol complex.

Camarines Sur, of course, has plenty of tourist attractions, such as the beaches of the Caramoan Peninsula, the forests of Mount Isarog, Lake Buhi which has the world’s smallest fish, aside from six waterfalls, 14 rivers, 15 springs, and 12 small lakes.

Aside from tourism, Villa­fuerte is developing during a three to five-year period, a 27,000-hectare Jatropha farm to help meet the country’s need for cheap alternative energy, a 10,000-hectare abaca farm, and a 100-hectare mariculture farm.

Watch LRay turn CamSur around.

biznewsasia@gmail.com

   
 

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