This study ascertained the faculty's perception of the research and extension capabilities of state universities and colleges (SUCs) in Western Visayas as basis for a five-year development plan. It also determined whether the faculty's perception of research capabilities of SUCs would relate to their perception of the extension capabilities of SUCs. Conducted in March 2000, 318 randomly selected faculty SUCs served as participants of the study. The data for this descriptive-correlational study were obtained through a researcher-made instrument. Statistical tools used were the means, the standard deviations, the t-test for independence, the Pearson's r, and the Stepwise Multiple Regression Analysis. The alpha level for inferential tests was set at .05. The study found out that the SUCs in Western Visayas were "capable" of doing research and extension activities as perceived among the faculty. The were "capable" in terms of technical and human resources but were only "moderately capable" in terms of institutional finance and physical resources. The faculty differed significantly in their perception of the research capability of SUCs when grouped according to extension involvement; extension training; research budget; and faculty size and in their perception of the extension capability of SUCs when grouped according to research budget; extension budget; and enrollment size. Research budget, extension budget, and faculty size were significant predictors of the faculty's perception of the research and extension capabiltites of SUCs. Finally, the faculty's perceptions of the research capability and extension capability of SUCs were positively and significantly correlated.