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NAVAL SPORTS COMPLEX: A FEASIBILITY STUDY

_______________________

A Study

Presented to the

College Of Engineering

Naval State University

Naval, Biliran

_______________________

In Partial Fulfillment

Of the Requirements for the Subject CE 523

(Civil Engineering Projects)

JAYSON L. CUEVAS
LORAINE A. NARTIA
ZANDER MIKE V. SALAS

April 2016
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APPROVAL SHEET

This thesis entitled NAVAL SPORTS COMPLEX: A FEASIBILITY

STUDY, prepared and submitted by JASYSON L. CUEVAS, LORAINE A.
NARTIA and ZANDER MIKE V. SALAS, in partial fulfillment of the requirements
for the degree in BACHELOR OF SCIENCE IN CIVIL ENGINEERING, has been
examined and is recommended for acceptance and approval for the Oral
Examination.
Date Approved: _____________
ROSSINI B. ROMERO, Ph.D.
Adviser

THE PANEL OF EXAMINERS

Approved by the Committee on Oral Examination with the grade ______.

JEAN PAUL LOGRONIO, CE

Chairman

Accepted and approved in partial fulfillment of the requirements for the

degree in Bachelor of Science in Civil Engineering (BSCE).

Approved:

ROSSINI B. ROMERO, Ph.D.

Dean, College of Engineering
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ACKNOWLEDGMENT

The proponents would like to express their heartfelt gratitude to the

following people for their invaluable contribution that helped in the completion of

this study:

Dr. Rossini B. Romero, thesis adviser, for the genuine support, time, effort,

and all the vital suggestions that completely guided the researcher throughout

the study;

Members of the Panel, for their suggestions in the improvement of this

paper;

Our family, for sustaining us with their love and faith and extending their

undying support;

The Lord Almighty, for His Divine Love and Mercy that has kept the

researcher in good health and determination to accomplish the study.

JAYSON L. CUEVAS
LORAINE A. NARTIA
ZANDER MIKE V. SALAS
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TABLE OF CONTENTS

TITLE PAGE .............. i

APPROVAL SHEET .. ii

ACKNOWLEDGEMENT ... iii

TABLE OF CONTENTS ... iv

LIST OF TABLES ......... vi

LIST OF FIGURES viii

LIST OF APPENDICES ... ix

EXECUTIVE SUMMARY . 1

Purpose of the Multi-Purpose Sports

and Entertainment Feasibility Study .. 1.

Projected Population ... 2

Market demand ........ 2

INTRODUCTION .. 3

Objectives of the Study 5

Limitations of Analysis . 5

Outline of Report . 6

DEMOGRAPHIC OVERVIEW .. 7

Historic Population Growth and Population Distribution .. 8

Population Growth and Distribution within the Province of Biliran .. 9

Migration Patterns .. 11

Economy . 13

Employment 18
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Projected Population 20

EXISTING RECREATION AND ENTERTAINMENT FACILITIES ... 22

Entertainment Venues . 22

Naval Gymnasium 23

Naval State University Gymnasium .. 23

Sports Complex 23

Biliran Sports Complex ... 23

PROPOSED FACILITY ... 24

Naval Sports Complex . 24

Future Development ... 24

MARKET DEMAND FOR A MULTI-PURPOSE SPORTS AND

ENTERTAINMENT CENTER .. 26

Opportunities to Attract a Primary Tenant . 26

Review of Existing Supplies of Sports and Entertainment Centers... 27

FINANCIAL ANALYSIS ... 29

Capital Construction Cost Estimates . 29

Market Analysis Summary 30

Conclusion ............... 35

Recommendation . 36

LITERATURE CITED . 37
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LIST OF TABLES
Table
1 Population, Annual Population Growth Rate, Density,
and Area By Province, Philippines, 2000, 2007 ... 8

2 Population and Growth Rate by Province, 2010 ... 9

3 Biliran Population, Income Class, Area, Density,
and Growth Rate By Municipality, 2000, 2007, 2010 .. 10

4 Migration Pattern by Sex and by Province,

Region VIII: 1995-2000 . 12

5 Household Population 5 Years Old and Over by Sex,

Municipality of Present Residence and Place of
Residence 5 Years Ago: 2000 13

6 Joint Probability: Shares of Total Family Income by

Household Head of Business/Industry,
Region VIII, 2000, (%) ... 14

7 Specialization: Total Family Income by Sector/Industry,

Region VIII, 2000, (%) .. 15

8 Palay and Corn Production, Province of Biliran,

2005-2007 .. 16

9 Fish Production by Type (in metric tons)

Province of Biliran, 2005 2007 ... 17

10 Employment Rate, Province of Biliran... 19

11 Labor and Employment, Province of Biliran,

2002 and 2003 ..... 19

12 Projected Populations by Sex and by Five-Calendar

Years by Region: 2000-2040 (Medium Series)... 20

13 Projected Populations by Five-Year Age Group

and Sex, by Region and Province, and by
Five-Calendar Years: 2000 - 2040 (Medium Series) 21

14 Start-up Expenses ......... 29

15 Total Cash Requirement 30

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16 Planned Investments . 30

17 Target Market Segment Strategy 31

18 Yearly Sales Forecast .. 31

19 Personnel Plan . 32

20 General Assumptions . 32

21 Pro Forma Profit and Loss . 33

22 Expenses ... 33

23 Pro Forma Balance Sheet .. 34

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LIST OF FIGURES
Figures

1 Regional Economy .. 14

2 Population Density Map (1990, 1995, 2000, 2007)

Province of Biliran ... 38

3 Age Distribution (2010 Census) . 39

4 Share Diagram: Agri/Fishery/Forestry

Shares of Total Family Income
by HHHead, Business/Industry,
Region VIII, 2000 .. 40

5 Specialization . 40

6 Naval Gymnasium . 41

7 Naval State University Gymnasium 41

8 Biliran Sports Complex . 41

LIST OF APPENDICES
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Appendix

A List of Figures .. 38

B Plant Layout and Estimates 42

C Financial Analysis 61

C PERT/CPM 70