Invest in the Philippines

Strategic Location

Being right in the heart of Asia, the Philippines is considered to be the gateway to the huge Asian and Western markets. It is located within four hours flying time to major capitals in the region as it is surrounded in the north by Japan, Hong Kong, Taiwan, China, and South Korea; in the south by Singapore, Malaysia, and Indonesia; and in the west by Thailand.

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Filipino Talents

The Philippines has sizable and skilled labor force. Its educational system annually produces nearly 500,000 college graduates with a range of disciplines. Of total, 25% complete Engineering
and Information Technology related degrees.

The abundance of skilled, english-speaking, and competitive workforce makes the Philippines an attractive site for foreign companies. The Filipinos are:

  • Dedicated, demonstrate integrity at work,and display deep interest in quality workmanship;
  • Friendly and with the right attitude to work harmoniously with people of different nationalities;
  • Hardworking and highly trainable.

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Reasonable Labor Cost

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Reasonable Stable Labor Costs

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Infrastructure

Infrastructure and Facilities

High quality infrastructures at Laguna Technopark include:

  • Highway-grade concrete roads
  • Digital hybrid fiver-optic telecommunication network capable of full video, data, internet and voice communications
  • Ample supply of industrial and potable water sourced from deep wells
  • Centralized sewerage system and waste-water treatment facility
  • Available pipelines for the supply of industrial gasses
  • Sewer and drainage system
  • Power Sub-station with 1-133MVA and 1-50MVA transfomer

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Infrastructure and Facilities

High quality infratructure in Cavite Technopark include:

  • Highway-grade concrete roads
  • Digital hybrid fiber-optic telecommunication network capable of full video, data, internet and voice communication
  • Ample supply of industrial and potable water sourced from deep wells
  • Centralized sewerager system and waste-water treatment facility
  • Available pipelines for the supply of industrial gasses
  • Sewer and drainage system
  • Dedicated power substation

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Strong Economy

Availability and accessibility of special economic zones and free ports in various parts of the country where infrastructure supports are adequately provided and locators are granted fiscal and non-fiscal incentives.

Incentives for Investor

Export-oriented companies registered with the Philippine Economic Zone Authority may avail of the following:

  • Corporate income tax holiday from 4 years to a maximum of 6 years
  • After the lapse of the income tax holiday, special tax rate of 5% on gross income in lieu of all local and national taxes
  • Exemption from duties and taxes on imported raw materials, supplies and equipment
  • Tax credit on locally purchased capital equipment and spare parts equivalent to 25% of the taxes and duties that would have been paid had these items been imported
  • Exemption from wharfage dues and export tax imposed fees
  • Deduction from taxable income of training expenses for both labor and management

Other Considerations

  • Large potential market for consumer goods on account of its fast-growing population which is already at approximately 105 million
  • The foreign-investor friendly posture of government. It has manifested its commitment to create conditions that attract foreign investments. Liberalized policies and regulations on foreign investments continue to be put in place
  • The opening of industries previously restricted like the telecommunications, transportation, banking, retail trade energy & post extractive petroleum processing & distribution, for the participation of foreign investors
  • The competitive edge the Information and Communications Technology (ICT) industry has which includes call centers. The said industry is booming in the country and is generating employment opportunities for local citizens
  • A highly developed legal system
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