Global Rewards Retirement Eco-Farm Village

Our Biggest Dream Community Project
GERMAN SCHOENEBERG ECO-TOURISM COMMUNITY
AND THE
FIRST COOPERATIVE AGRO-INDUSTRIAL ECONOMIC PARK
in partnership with ClubVision300 .e.V.,
Creating Abundance in Real Estate Network Multipurpose Cooperative

Subic - Morong Bataan Economic Zone / Lucban Quezon Province Agricultural Place / ClubVision300 e.V. Berlin, Germany

Eine deutsche Siedlung namens "Schöneberg" ist in ihrer Entsteung!

Diese befindet sich auf der Insel Luzon in Subic Morong Bataan, nordens der Philippinen. Dieses Projekt "Die Deutsche Siedlung Schöneberg" wird auf dem 294 Hektar Bergland aktuell verbessert und ist zukünftig in ihrer Schönheit vollkommen sein. Ferner wird die Deutsche Siedlung in Quezon Provinz Lucbans als weiterer Alternativ ermöglicht. Deutsche Mitbürger haben hier eine Möglickhkeit ein Landrecht mit Hilfe der Projekte zu bekommen. Wie soll es gehen? ClubVision300 e.V.

Wir stehen Euch jederzeit zu Verfügung!

ECO-TOURISM PROJECT
The property is an excellent location for an Eco-Tourism Community & Industrial Park because it is already developed into eco-tourism ventures. Proximity-wise, it is accessible to CLARK and SUBIC which are the homes of tourists not to mention the plan of the Disneyland to put-up in the vicinity of Clark-Subic-Morong.

The Bataan Technology Park Inc, as shown in their master plan which they stopped implementing when the property was reclaimed by private owners, actually planned to establish a retirement housing village, a mixed use area for agro-industrial establishments, an institutional area, a staff housing area, a leisure and commercial business area, an area for sports village, a golf course, a leisure subdivision and housing.

THE PROJECT
The site of the project is a 192 hectares private property located in Brgy. Binaritan, Municipality of Morong, Province of Bataan. The property is where the former United Nations Philippine Refugee Processing Center was located which offered Friendship, Hope and New Beginnings to some 400,000 refugees from Vietnam, Laos and Cambodia. The property houses 11 symbolic monuments and shrines constructed by the former Indo-Chinese refugees. However, after the refugees left, the property was reclaimed by its private owners, and starting in 2008 BTPI has stopped all projects and now ready to leave the premises.

A private concrete road passes at the middle of the entire property from the SBMA - Morong Road also called the United Nation Highway. A natural boundary is a river/creek which is the source of the abundant water supply system.

FIRST COOPERATIVE AGRI-INDUSTRIAL PARK
This is the first project to be established with mixed use agricultural-industrial economic zone in the Philippines to be accredited under the Philippine Economic Zone Authority (PEZA). This proposed project will be developed by the proponent cooperative, the CREATING ABUNDANCE IN REAL ESTATE NETWORK MULTIPURPOSE COOPERATIVE (CARENET for short). CARENET is the first and only primary cooperative registered with the Cooperative Development Authority (CDA-NCR Region) whose members are licensed Real Estate Professional such as Real Estate Brokers, Real Estate Appraisers, and Real Estate Consultant as regular members and Real Estate Salespersons as Associate Members.

INVESTING IN THIS PROPERTY
(the former Bataan Technological Park, Inc.)
Investors who wish to put up business here can enjoy the following benefits as economic zone:

Five percent (5%) levy on Gross Income Earned (GIE) in lieu of all national and local taxes and duties;
Tax and duty-free importation of raw materials and capital equipment; and
Management of the zone as a separate customs territory, ensuring free flow or movement of goods and capital equipment within, into and exported out of the zone.

The property provides vast agricultural land where there is available agri-industrial-based labor. It enjoys the benefits and incentives of a Morong Special Economic Zone (MSEZ). With its size and accessibility, it showcases its potential as a retirement haven, a corporate training center, and a zone for environment-friendly small and medium-scale industries through its increased accessibility, investor perks, and proximity to the Subic Freeport Zone and the Clark Freeport Zone - not to mention the mushrooming residential and resort developments along the Morong-Bataan coastline.

MORONG SPECIAL ECONOMIC ZONE
In March 1997, the entire Municipality of Morong was proclaimed as the Morong Special Economic Zone (MSEZ), with the BTPI (Bataan Technology Park, Inc.) as its Main Zone but even without the BTPI the property will remain as an industrial by virtue of the MSEZ proclamation investors and locators in the MSEZ may avail of a full range financial and fiscal incentives.

This property is once the site of the Philippines Refugee Processing Center Complex (PRPCC), which offered friendship, hope and new beginnings to some 400,000 refugees from Laos and Cambodia. The BTP houses 11 symbolic monuments and shrines constructed by the Indo-Chinese refugees.

The main industrial zone was known as Bataan Technology Park, Inc. (BTPI). The Bases Conversion Development Authority (BCDA) was tasked to determine the proper utilization of the lands, which subject to private property rights and consistent with existing laws.

Entrance to Morong Special Economic Zone / BTPI (Front Gate)

Back Entrance to Bataan Technology Park, Inc. / MSEZ

ACCESSIBILITY
It is easily accessible from Manila by way of NLEX connecting to SCTEX and passing through the Subic-Morong Road of United Nation Avenue. General vicinity map showing the Municipality of Morong, Bataan.

GETTING THERE
Overlooking the South China Sea, the property is situated in the most advanced and dynamic region in the country, as it lies within the area of the Manila-Clark-Subic Economic Triad. It is just a 20-minute drive from Subic via SBMA-Morong Road and 2 ½ hour-drive from Manila via the SCTEX. Aligned with the development of Ayala Land's ANVAYA COVE, the property can be reached by sea through the operation of a passenger terminal for a direct ferry transport to Manila at the Binanga Port in Morong.

THE SUBIC-CLARK-TARLAC EXPRESSWAY
Started on April 5, 2005, the Subic-Clark-Tarlac Expressway (SCTEX) is the country’s longest expressway with 93.77 kms. Commercial operations started on April 28, 2008, with the opening of the Subic-Clark Segment and Zone-A of the portion of Clark-Tarlac Segment. The opening of Zones-B and C of the remaining Clark-Tarlac Segment on July 25, 2008 signal the full operations of the SCTEX.

The SCTEX seeks to transform the Central Luzon region into a world-class logistics hub in the Asia-Pacific region through the integration of economic activities in the Subic Bay Freeport, the Clark Freeport Zone, and the Central Techno Park in Tarlac and by linking major infrastructures such as the Seaport in Subic and the Diosdado Macapagal International Airport in Clark.

The Current Structure and Facilities

The property is covered by six (6) parcels of land of the proposed economic zone, covering a total of 192 hectares private property located in Brgy. Binaritan, Municipality of Morong, Province of Bataan. The property is where the former United Nations Philippine Refugee Processing Center was located which offered Friendship, Hope and New Beginnings to some 400,000 refugees from Vietnam, Laos and Cambodia. The property houses 11 symbolic monuments and shrines constructed by the former Indo-Chinese refugees. However, after the refugees left, the property was reclaimed by its private owners who were the occupants of the land before the Presidential Proclamation of temporary use by the United Nation sponsored refugees. Through the RA6657 CARP, the DAR issued the CLOA titles to the qualified claimant starting in 2008.

Land Valuation
A licensed Real Estate Appraiser conducted an independent valuation of the entire property to determine the market value of the property as of the date of inspection on May 6, 2013. The appraiser reported that the market value of the property was PhP2,168.70 per square meter.

Considering that value per square meter does not include all the existing improvement of the property that included 11 building used by the refugees as Administration, Library Building, Recreation Building, Museum Building, Food & Beverage Building, Resort and Swimming Pools, Sports fields for Basketball, Volleyball, Rocker Football Field (can be converted into airfield (aircraft landing), electricity power facility, water system facility, concrete piremeter fenses, and concrete road networks.

Road Network
The long stretch of NLEX-SCTEX-Subic-UN Avenue and National Road traversing the municipality of Morong is entirely in good conditions. The entire 365 hectares Morong Special Economic Zone is composed of road artery and entirely concrete-paved and the Bataan Provincial road is also an alternate road leading to the property.

Power Supply
The entire municipality and this facility is totally energized and being serviced by Bataan Electric Cooperative of which 100% of the total households are members.

Water System
The Property has a continuous supply of safe water from developed Spring Water System coming from within the subject property.

DESCRIPTIVE DEFINITION OF THE PROJECT
The project will be a mixed use of a separate enclave consisting of housing subdivision, foreign retirees village, institutional facilities like school, seminar and event function rooms, hospital/clinic/pharmacy, sports and recreation facilities, open field sports facilities, an aircraft landing field, manufacturing plants, groceries stores and mall, golf course, water system facilities, etc.

PROJECT OBJECTIVE

Long-range objective - the ultimate objective of the project is to create various businesses for investment of members especially OFW and their families to offer genuine reintegration program when they return to the Philippines after working overseas.
Small and Medium Enterprise – the 192 hectares land facility is more than enough to create various small and medium businesses. The Philippines is an agricultural country but the supply agricultural products are not enough for its population. For example, the source of vegetables is predominantly Baguio when we have other places suitable for agriculture. The project is mainly aimed at organizing agriculture and industrial businesses.

TECHNICAL ASPECTS

Ownership - the economic condition of the Philippines shows fast growth but such growth does not trickle down to the general public. Real Estate development is almost owned by moneyed people because they have the resources to develop real estate products like subdivision and condominium. Poor people remain as customers. However, these businesses are possible for ordinary people if they learn to poor their meager resources together. Cooperative is the best answer to these big real estate opportunities.
Funding – cooperative housing is very popular in other countries. Why is it that Filipinos cannot do this business strategy of pooling the resources together and go into real estate development? TRUST is the most elusive matter for Filipinos but without trust, real estate development is a matter of impossible in the Philippines. What is CROWD FUNDING – is a the pooling of small money from the poor people and invest it into real estae development which is being monopolized by rich people using poor people and workers, agents, and customers. These rich people is also doing crowd funding in disguise as IPO and Public Funding. Even the government is doing a crown funding in issuing BONDS. Only cooperatives are legally allowed to collect money and use them in their cooperative business operations.
Operation and Management - the cooperative can also be the management operator with so many expertise from the ranks of members, therefore the project will also generate employment.

FEASIBILITY CRITERIA
The most crucial criteria used are profitability, socio-economic, and environmental impact:

Financial & Profitability factor – as discuss in earlier discussion, funding shall be made through crowd funding from existing members and incoming members. However, the cooperative is allowed to accept voluntary contributions from non-members and consider them as temporary deposits from non-members who are qualified future members. For example, a person is interested to participate in the cooperative crowd funding but he is not yet qualified to be a member, he can deposit his money as deposit for future membership. This type of deposit will earn special interest as may be determined by the cooperative board of directors.

Alternative 1 – additional common share capital of existing members who have not yet reached the maximum shares for member. This will earn ISC (Interest on Share Capital) and Patronage Refund (PR).
Alternative 2 – preferred share capital of existing members who already reached the maximum common share capital allowed per member. This will earn fixed interest as may be determined by BOD.
Alternative 3 – initial deposits from non-member who are applying for membership. If not qualified, he/she shall be accepted as associate member. This kind of deposit shall earn special interest higher than member’s deosits.

Socio-Economic factor – socio-economic desirability of the project as a privately owned undertaking is characterized mainly on profitability with socio-economic as necessary consequence. Since socio-economic desirability is measured in terms of the volume of employment generated and taxes paid to the government, public services, economic contribution and environment protection. This project has the socio-economic contribution to the government in terms of opportunity for employment. Although cooperative is exempted from paying taxes up to the maximum of P10 Million income, there are socio-economic factors that this project will redound to the benefit of the government and its people,

Alternative 1 – members’ income although exempted from paying taxes has a socio-economic contribution to the general public.
Alternative 2 – in terms of public funding, there is possibilities that contributing people come from the local people especially OFWs giving socio-economic desirability while profitability is a given in order to provide good investment returns to the investors.
Alternative 3 – non-members are given opportunity to earn through special interest while waiting to be qualified members.

Environmental factor – environmental impact assessment (EIA) is a given factor in all projects to give balance and healthy ecology. The project shall ensure that it is environment compliant be securing environmental compliance certificate.

Alternative 1 – triple bottom-line of PEOPLE, PLANET, PROFIT is observed in this priority. People being the most valuable resources of any enterprise must be the primordial concern of this project, next is the protection of the environment, and last is economic profitability
Alternative 2 – triple bottom-line of PLANET, PEOPLE, PROFIT is observed in this priority. Planet being the concern of the environment, next is people being the most valuable resources of any enterprise, and last is economic profitability.
Alternative 3 – triple bottom-line of PROFIT, PLANET, PEOPLE when observed in this priority. Profit is the concern for economic gains, next is the Planet as the protection environment, People is the last concern for being compassion.

Organizational & management factor – organization and management factor is measured in terms of organizational set-up that can perform its functions efficiently and effectively with available qualified manpower.

Alternative 1 – organization and management of the project shall be done by staff employed directly to the cooperative.
Alternative 2 – organization and management shall be done by the outsourced manpower company for jobs that are not the core functions of the project.
Alternative 3 – organization and management shall be outsourced to qualified operations and management company.

NOTE: Based on the above criteria, it is favorable to employ staff directly to the cooperative either from the members who lost employment or to the family of members.

HIGHLIGHTS OF THE PROJECT

History – this project shall be the first of its kind in the Philippines. This will be first to establish an agro-industrial economic zone combining agricultural as well as industrial activities in one location.
Project Timetable and Status – not all the business activities planned for this project can operate at the same time. Each of the activity will be done one and a time. The first to be organized and operated shall be within 6months to 1 year.
Nature of Industry – macro-economic indicators of the country show that a real estate boom is around the corner and such demand is sustainable owing to the very high demand for agricultural products and the arrival of foreigners who want to live in the Philippines. Therefore, the first to be built is the agricultural plantation grid followed by the foreign retirement village.
Investment Costs – since the project is a cooperative undertaking all fund contributors are considered members-investors.
Mode of Financing – the mode of financing is cooperative public crowd funding.

Public Funding where investors buy share capital from developer-turned operator and earn dividends. Stock Shares is entitled to dividends. Members are automatically members.
Investment from Real Investors. Buyers-Investors are those who are not real estate practitioners including OFW whose contribution in the corporation are considered as savings or time deposits or preferred shares that earn fixed interest as fixed by the cooperative.
Other source of Investment – capital financing may come from other contributor who believes in the socio-economic impact of the project.

MARKET STUDY
Generally, the market aspect of the feasibility study deals with what the proponent will do or intend to do to attract the identified target market segment.

Project Description & Development Theme - The Project is a COOPERATIVE AGRO-INDUSTRIAL ECONOMIC ZONE, an economic zone for agricultural plantation and building of some real estate developments.

Demand Study

Demand for agricultural products - a study of the demand is based on the fact that we continue to suffer high cost of agricultural products even as the Philippines is considered an agricultural country. In this location we intend to do what the Baguio people are doing to augment the supply of agricultural products especially vegetable.
1. Demand for Housing for Foreign Retirees – a study of the current situations of foreign retirees who availed of the Special Retirees Resident Visa (SRRV) reveals that most of the retirees are having program sustaining their housing because most of them as housed in condominium because PRA is offering only condominium to these retirees.
2. Demand for buyer/investors – this demand is for condo unit buyers classified as investors. The study of the Department of Labor & Employment reveals that the CALABARZON region is the leading OFW exporters. The segment is considered as potential investors. More and more Filipinos are experiencing financial independence and they are more attracted to the proposition of paying for an amortization of PhP6,000 to PhP12,000 a month, rather than spending the same amount to rent out a place. Not to be discounted though is the interest of foreigners in investing in real property in this area.
3. The 4P Study – is the marketing and sales strategy known as the “Marketing Mix” decision strategy.
4. PRODUCT strategy – the product of the economic zone project are the facilities for visitors’ accommodation. Product packaging for the economic is more targeted to a special market segment. The strength of industrial park segment is that the amenities are more of owner-occupancy type than other segment.

PRICE Strategy – the suggested price of the commercial/industrial park. Price of locators is inelastic since movement is slow compared to basic commodities. Substitute products are priced lower but the quality is less attractive to the type of customer segments condominium or subdivision.
PLACE or distribution strategy – is the distribution strategy in getting the product to the customers. Unlike other products, horizontal condominium do not use any distribution channel. No intermediaries are needed because buyers may be contacted in direct selling basis by the sales brokers and through internet.

PROMOTIONAL Strategy – promotion represents various aspects of marketing communication whether local and international with the aim of getting positive response. The project shall use all appropriate promotional strategies like push & pull, personal selling and advertising sales promotion. These activities make up the promotion strategy, which performs an essential role in positioning the product in the eyes and minds of buyers.

Factor Affecting the Market – there are other factors affecting the locators in the industrial park. The population in this project refers to visitors and traveler population who are in demand for hotel accommodation; employment and income are irrelevant because the demand is dictated by outside forces. The demand for rental-occupancy market is more responsive to change because it satisfies special group of real estate market.

Analysis of Data – the only relevant data in this project are the visitors’ arrival and the data of OFWs within the area of the region III.

Real Estate being an inefficient market is unpredictable and does not act in uniform penetration. Therefore, the real estate market much more an industrial park does not and will never reach its equilibrium.

Conclusion and Recommendation – based on the market study and the situations prevailing in the proposed location, the proposed condotel market segment is feasible.

TECHNICAL STUDY – this portion of the study indicates all technical requirements in developing the horizontal condominium project and costs are compatible with financing requirements. The technical aspect of the project is analyzed such as construction processes, construction schedule, raw materials, utilities, waste disposal and labor requirements. It includes the following:

The Project – the project is a commercial-industrial park to be operated as housing and light industry locator. The project is composed of the following:

Three 3-storey building with probation for elevator but not yet included in the cost estimates.
The project is 192 hectares with townhouse will be built and some common surrounding grounds for amenities such as swimming pool, pool dining, landscaped area, main entrance, and guard and utility area.
Material Component – most if not all of the materials needed to construct the project is sourced locally. Major component of construction is concrete product which raw materials are abundant in the Bataan area. The raw materials are available along the area of Morong. Therefore, handling is not difficult at any weather conditions. Below are some probable list of sources of materials:
Construction Process – the construction and development processes of a housing project is the same and similar to normal house construction. The only difference is the system; the identified contractor of the project is using the “cast and place” system where walls, flooring, and dividers are done simultaneously and it is faster and durable. The construction and development process of this project was presented completely by the construction company.
1. Pre-construction Phase
  1. Survey, sourcing of construction materials
  2. Detailed engineering study, review and designs
  3. Securing permits and clearances from various government agencies including issuance of an environmental compliance certificates (ECC)
  4. Registration of the project and application for license to sell from HLURB for rebuilding since it has been built with License to Sell.
2. Construction Phase
  1. Clearing and grabbing
  2. Filling and back-filling [for the townhouse only]
  3. Hauling
  4. Concreting
  5. Foundation [for the townhouse only]
  6. Water facilities [existing]
  7. Water tank and deep well [existing]
  8. Building construction [rebuilding the condo and building the townhouse.
  9. Scrap dumping
3. Post-Construction Phase
  1. Engineering maintenance and repairs
  2. Sales & Marketing
Construction Schedule – a detailed flow chart of the construction schedule indicating material and energy requirements at each step.
Machines & Equipment – standard construction machinery and equipment are available and guaranteed to be sufficient as to specifications, rated capacities, cost and balancing of capacities of each major and auxiliary equipment, availability of spare parts and repairs service, identification of machinery suppliers, their guarantees, delivery and terms of payment.
Plant Location and Layout – the distance to source of raw materials and markets are manageable, the effect of layout in materials handling, flow, and storage are sufficient since the contractor is a seasoned construction company. Structures are either constructed or rented. Layouts are conducive to existing roads and drainage and in accordance government expansion plans.
1. Temporary bank house for manpower
2. Temporary office space for engineering
3. Material storage and warehouse
4. Temporary water supply [existing water system]
Utilities, Facilities & Amenities – all facilities like electricity, water, fuel, supplies and their respective uses are properly in place. Quantity required, sources and capacities including substitutes and costs are all in accordance with standard requirements.

Quantity Survey – the quantity survey and analysis was complete as desirable from foundation, structural, front, and side elevation including material requirements for every section of the development plans.

Waste Disposal – the local government of Angeles has a waste disposal area which is within the reach of the project including drainage system and waste water system and in accordance with environmental impact assessment.

Construction organization – the construction organization will be contracted to a tipple “A” classified construction organization with proven expertise in constructing housing. The following are basic manpower staffing for this category of project. The number of personnel will depend on the phase of work:

Recruitment & Training Program – manpower recruitment is easy because the office of there is an abundance of skilled labor from the area. The aspect of training and development is a matter of arrangement with contractor and the contractor as to the on-the-job arrangement of the operation for possible take-over after the initial five years operating and management agreement.

FINANCIAL STUDY
Major Assumptions – the project is an agricultural, commercial and industrial economic zone consisting of 1,918,994 square meters.

Investment – there are three types on investment as there are as many investors in this type of development project:
1. The first financial component of the project is the public funding which as the Project Developer Proponent, pool the resources of its small contributors in order to start the project instead of getting credit financing from banks of any lending institutions.

The small depositors with rights to buy units purchase common stocks in the company called “Capital Stock”. The capital stock of contributors becomes the general fund of the company for investment into businesses within the scope of the purpose. Capital of contributors earn dividends the rate of which shall be determined by the Board of Directors every end of fiscal year. However, there is limitation on the amount to be invested by small contributors but they can accumulate to be qualified as future buyers. Contributors can buy as many stocks as they want at P1,000/share. If there are 100 contributors who are hoping to be able to buy condotel or townhouse later, at 10 shares each. P1,000 x 10 x 100 = P1,000,000 reservation fee/deposits.
Pre-Selling buyers can pay a reservation and down payment of 20% of the cost of condotel. P950,000.00 x 20% = P190,000. Assuming 50% buyer-investors pay P190,000 each, there will be P15,960,000.00
Buyers of the units in the project are the third type of investors. They buyer is an investor because their units shall be among the pooled units for the public as hotel. They cost of the units are based on the floor area in square meters. P38,000lsqm of floor area. If 1/3 or 56 buyers pay outright cash, there will be another P53,200,000.00.
In total, there shall be funds generated from above three sources in the amount of PhP70,160,000.00 during the first year of investment campaign. Sufficient enough to start the rebuilding of the condotel and start the construction of the townhouse.

Cost of construction and development – is composed of the following indicated in ANNEX “B”:

Cost of the land of 5,290 square meters at auction price of PhP8,000/sqm = PhP42,320,000.00
Rebuilding Construction cost of buildable area and common area with a total combined cost of PhP51,240,000.00.
Construction Cost of building 20 units of townhouse with combined cost of PhP30,000,000.00.
Total project cost of PhP123,560,000.00

SALES PROJECTION
ANNEX “C” shows a selling plan spread over five years indicates the following assumptions:

Year 1, 33 units sold, 825 sqm at PhP38,000 = PhP31,350,000.00
Year 2, 33 units sold, 825 sqm at PhP38,000 = PhP31,350,000.00
Year 3, 33 units sold, 825 sqm at PhP38,000 = PhP31,350,000.00
Year 4, 33 units sold, 825 sqm at PhP38,000 = PhP31,350,000.00
Year 5, 36 units sold, 900 sqm at PhP38,000 = PhP34,200,000.00
Total 168 units, 4,200 sqm at PhP38,0000 = PhP159,600,000.00

The assumptions indicated that while the project is being constructed the pre-selling is on-going and assumes that the project will be fully sold out in span of five years. The plan states that upon reaching 80% sales of all the units, the project shall be transferred to the responsibility of the PROPONENT acting as the condominium corporation. The Condominium Corporation purge a leaseback contractr with all buyer-investors to be operated as hotel by itself or by an outsourced operation and management.

FINANCIAL STATEMENTS

Investors’/Buyers’ Profitability.

ANNEX “D” shows that the investments of the buyers can be recovered within 2-3 years from the date of signing the lease back agreement with the operator. This is assuming occupancy rates of year 1 = 60%, year 2 = 65%, year 3 = 70%, year 4 = 80%, and year 5 = 90% and onwards. These assumptions are based on the current occupancy rates of existing hotels in the area, which most of them are experiencing full occupancy even during lean seasons. Therefore, it will be all income from year 3rd onwards. During the period of lease back, a minimum of which is 15 years the unit owners can decide to renew the lease back contract or get back his unit for his own management. However, since all the units owners are members of the condominium corporation, the corporation regulation in their articles of incooperation and by-laws.

NOTE: Don’t be confused with the benefits of the Proponent Corporation as the project developer in which the profit is derived from the sales as against total project cost.
As indicated in ANNEX “D”, the internal rate of return of all units is 37% with investment recovery years of between 1.81-2.71 years. No other real estate investment will beat a condotel investment. Considering that the investment will be at the same guaranteed conditions for 15 years, the cost-benefit ratio will increase at 55% per year.

Projected Income Statements – the projected income statement summarized the results of the project based on sales of units at the end of accounting period. The income here is presented as sales of units based on sales projection. Income of the units shall accrue to the benefits of the buyer/investor. Upon reaching 80% units sold out the project shall be turnover to the Condominium Corporation, which will be a CONDOMINIUM CORPORATION whose owners are the unit buyers/owners. ANNEX “E” shows an income stream on the part of the proponent during the first five years of operation.

As projected, the project understandably will incur negative profitability during the first two years where pre-construction and construction expenses are drawn out. However, the project starts its positive profitability on the 3rd year and onwards.

Projected Balance Sheet – the projected balance sheet shows the financial position of the condotel project at the end of the accounting period. It features the project’s total assets (current and fixed) against the total liabilities and equity capital. As shown in ANNEX “G”, the total assets equates to the total liabilities and equity capital.

SOCIO-ECONOMIC STUDY
The socio-economic aspect of this feasibility study ensures that the project is worthy of financing especially from government or private institution. While it is geared towards economic profitability, it should consider social and economic benefits to various stakeholders. This project, being a cooperative endeavor, recognized the fact the motto of cooperative is “service above profit”. Service means benefits to people (members) and the general public.

Social-Economic Factors & Contribution – sustainability has been an often mentions goal of business be it non-profit, government owned, or private enterprise, yet measuring the degree to which an organization is being sustainable or pursuing sustainability growth has always been difficult. In fact, an accounting framework, called the triple bottom line (TBL), went beyond the traditional measures of profits, return on investment, and shareholder value to include environmental and social dimensions with respect performance along the interrelated dimensions of PEOPLE, PLANET, PROFIT. The social dimensions including both its profitability and shareholder values and its social, human and environmental capital. The project measures success in terms of the triple “P” interdependently.
1. Social Measures – people variables is the first “P” of the TBL for this project that deals with social dimensions of community or region and could include measurements of education, equity and access to social resources, health and well-being, quality of life, and social capital. The examples listed below are a small snippet of potential variables:
  1. Unemployment generation
  2. Female labor force participation in the industry
  3. Increase household income
  4. Relative poverty incidence
  5. Percentage of population with benefited
  6. Ease in commuter distance and time
  7. Crime prevention per capital
  8. Health-adjusted life expectancy
  9. Quality life style
2. Environmental measures - Environmental variables is the second “P” of TBL for this project that represent measurements of natural resources and reflect potential influences to its protection and viability. It could incorporate air and water quality, energy consumption, natural resources, solid and toxic waste, and land use/land cover. Ideally, having long-range trends available for each of the environmental variables would help organizations identify the impacts of this project or policy would have on the area. Specific examples include:
  1. Sulfur dioxide concentration
  2. Concentration of nitrogen oxides
  3. Selected priority pollutants
  4. Excessive nutrients
  5. Electricity consumption
  6. Fossil fuel consumption
  7. Solid waste management
  8. Hazardous waste management
  9. Change in land use/land cover
3. Economic Measures - Economic variable is the last “P” of the TBL dimensional concerns of the project true to its motto “service above profit” as the variables that deal the flow of money and profitability. It could look at income or expenditures, taxes, business climate factors, employment, and business diversity factors. Specific examples include:
  1. Cooperative and members, investors income
  2. Job growth and reducing underemployment
  3. The project as vehicle in reducing poverty
  4. The project as solution to increasing livelihood
  5. Employment distribution regional and national and by sector
  6. Project contribution to regional and national growth
  7. Revenue by sector contributing to gross state product.
Socio-Economic Contribution – socio-economic contribution of the project impacts on the following sectors:Improvement of standard of living in the individual and family

Community development impact to local, regional, and national government in terms of taxes and employment
Foreign exchange savings on the part of OFWs
Lowering of prices due to increased supply, “ceteris paribus” other conditions remain constant
Increased foreign exchange reserves due to increase foreign direct investments and OFW remittances
Increase utilization of locally produced materials

ORGANIZATION & MANAGEMENT STUDY

Basic Considerations – there are three main considerations in organization and operation of projects.
1. Projects established in the zone shall have their own organization systems.
2. Owned, but operated under management contract or leased by any operations company who are experts in its type of business. Independently owned and operated properties have no brand name chain affiliation.
Forms of Ownership – whichever choice shall be selected from among the above choices, the ownership will remain with the CARENET Cooperative to be sold to investors/buyers who shall be the eventual owners of projects established in the zone.

Organization Chart – shown below is the CARENET Cooperative Organization Chart.

Shown above will be the organization chart of the Operation and Management of FIRST COOPERATIVE AGRO-INDUSTRIAL ECONOMIC ZONE where during the first five years all operational and management of the project may be outsourced or operated by the cooperative.

Officers & Key Personnel – on the part of the CARENET Cooperative, the FIRST COOPERATIVE AGRO-INDUSTRIAL ECONOMIC ZONE project shall be under the PUBLIC FUNDING SHEME until such time that the project is transferred to the COOPERATIVE.
Project Schedule - the project is scheduled to be completed and operation within 18-24 months.

Lucban Agro-Industrial Organic Integrated Farm Project

The Lucban, Quezon Integrated Farming Project aims to balance environmental and economic interests, by optimizing between interests of Project Proponent/Implementor, the Community and Stakeholder, the concept is more flexible than organic farming as stand-alone. Within integrated farming, one can observe a very positive attitude towards high-tech farm practice. Whilst the main driver for organic farming concerns farmer and consumer concerns, the main driver for integrated farming is industry. It can best described as a searching strategy rather than a set of prescriptions for the agricultural practice. Present integrated farming can be the common practice of tomorrow. As a consequence there is no overall organization, nor one encompassing global label... its all about contribution in saving Earth.

Our approach in Integrated farming comprises cropping methods and other agricultural production techniques which fulfil both ecological and economic demands. Suitable methods of agronomy and crop production are to be harmonised in compliance with site specifics. The project implementor/farmer has to adjust management measures concerning variety selection, crop rotation, cultivation technology, plant nutrition and plant protection to the natural environment. This also includes an optimal soil conservation, for example, by environment-friendly management systems and purposeful fertilisation and pest control. At the same time, it must be excluded that groundwater and surface waters as well as adjacent biotopes become polluted by matter input; typical landscape elements are to be safeguarded. The selection of pesticides depends on the degree of ecological tolerance and their application on economic considerations.

ClubVision300 e.V.

ClubVision300 e.V. is our prime partner for the realization of this project.

The CV300 with Berlin Registration No: VR 32035B was founded in March 3, 2012 with the aim of contributing efforts of the governments to provide wide range incentives at creating capacity that will enable them to uplift the citizens' standard of living and thereby contribute to peace and harmony.

CV300 involvement vision projects are solar energy, water purification, housing, supermarkets, schools, health services and fertilizers distribution to the poor community who become members of this non-profit organization. The vision pursues to help humanity for affordable and access to renewable energy and housing empowering people to grow their own food and access to clean water. The technologies are already available it just need a way to tap and implement.

The organization work with the core aim of reducing poverty and creating peace and harmony to all the people in this world through mobilization of donations, participation in wealth creating projects and other humanitarian efforts via its own linkages and partner organization across the globe specially in the Philippines with its pilot project CV300 and its partners in Asia, Africa & Europe with whom it will be connected

The CV300 product strategy and market focus on Food, Health & Lifestyle, where they feel vast and enormous market requirement. Items and ideas that are needed to enhance the betterment of life with comfort and innovated way to live that will profit all. The CV300 revenue support Humanitarian projects in Asia and across the globe.

The business model revenue for members and stakeholder through affiliate marketing of their favorite goods, services, and artists with mix peer production, creative licensing, and drop shipping to create jobs, as well as to serve creative members. All types of independent creative innovative people and small businesses will be able to monetize their product in the social networking environment.

The CV300 Team

ARSENIO ANTONIO - Founder/CEO DTCM Group,Inc. (Philippines)
CLARENCE ARNDT - Founder/CEO CV300 e.V. / DTCM Group Inc.
MWAPE MULUBWA - CV300 Zambia
PATRICK MSOMPOLA - CV300 Tanzania
VIVIEN MAGAN - CV300 Philippines
WENDY NOWACZYK - CV300 Germany

Where is CV300?

ClubVision300 e.V. (Germany)
Berlin Registration No: VR 32035 B

CLARENCE ARNDT - Vorsitzender
SABINE KRÄFT - Zweite Vorsitsender
WENDY NOWACZYK - Sekretärin
ARSENIO ANTONIO - Member

Address:
ClubVision300 e.V.
Am Waidmannseck 31
Berlin, Germany 13437
+49 1523 4260947
clubvision300@gmail.com
clubvision300@yahoo.com
Fon: +4917672322208/ +4917672322198
e-mail clubvision@yahoo.com

Our Biggest Dream Community ProjectGERMAN SCHOENEBERG ECO-TOURISM COMMUNITYAND THEFIRST COOPERATIVE AGRO-INDUSTRIAL ECONOMIC PARKin partnership with ClubVision300 .e.V.,Creating Abundance in Real Estate Network Multipurpose Cooperative