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P HILIPPINE E CONOMIC Z ONE A UTHORITY. PricewaterhouseCoopers AG Potsdamer Platz 11, 17. OG, 10785 Berlin 28. 09.2012, 14.30 Uhr, PricewaterhouseCoopers.

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Presentation on theme: "P HILIPPINE E CONOMIC Z ONE A UTHORITY. PricewaterhouseCoopers AG Potsdamer Platz 11, 17. OG, 10785 Berlin 28. 09.2012, 14.30 Uhr, PricewaterhouseCoopers."— Presentation transcript:

1 P HILIPPINE E CONOMIC Z ONE A UTHORITY

2 PricewaterhouseCoopers AG Potsdamer Platz 11, 17. OG, 10785 Berlin 28. 09.2012, 14.30 Uhr, PricewaterhouseCoopers AG Potsdamer Platz 11, 17. OG, 10785 Berlin 28. 09.2012, 14.30 Uhr, OPPORTUNITIES FOR GERMAN INVESTORS IN PHILIPPINE ECONOMIC ZONES THE PHILIPPINES – YOUR BUSINESS PARTNER IN ASIA A presentation by: DR. LILIA B. DE LIMA PEZA Director General Undersecretary, Department of Trade and Industry

3 An investment promotion and incentive granting agency attached to the Department of Trade and Industry. Reinforce Governments efforts to: Promote Investments Create Employment Generate Exports Philippine Economic Zone Authority

4 TOTAL OF 268 ECONOMIC ZONES * as of 31 July 2012 BAGUIO CITY ECONOMIC ZONE JOHN HAY SPECIAL TOURISM ECONOMIC ZONE SANCTUARY IT BUILDING SM BAGUIO CYBERZONE BUILDING FORT ILOCANDIA TOURISM ECONOMIC ZONE PANGASINAN INDUSTRIAL PARK II LUISITA INDUSTRIAL PARK TECO SPECIAL ECONOMIC ZONE TARLAC PROVINCIAL INFORMATION TECHNOLOGY PARK II SM CITY PAMPANGA ROBINSONS LUISITA CLARK TI SPECIAL ECONOMIC ZONE ANGELES INDUSTRIAL PARK PAMPANGA EXPORT PROCESSING ZONE STA. MARIA INDUSTRIAL PARK SUPIMA ECIRCLE PHILIPPINE PACKING AGRICULTURAL EPZ VICTORIA WAVE ROBINSONS PLACE NOVALICHES DILIMAN IT BUILDING CONVERGYS IT BUILDING HTMT CYBER PARK EDSA CENTRAL IT CENTER SUN PLAZA EDSA CENTRAL IT CENTER 2 E-SQUARE INFORMATION TECHNOLOGY PARK TOTAL CORPORATE CENTER I MCKINLEY HILL CYBER PARK MARKET! ST. LUKES MEDICAL CENTER GLOBAL CITY MULTINATIONAL BANCORPORATION PEOPLESUPPORT CENTER IT BUILDING NORTHGATE CYBERZONE METROPOLIS STAR MACROASIA ECOZONE ASAHI SPECIAL ECONOMIC ZONE EUGENIO LOPEZ JR. COMMUNICATION CENTER GLOBAL TRADE CENTER EASTWOOD CITY CYBERPARK SMNE IT CENTER EXPORTBANK PLAZA BUILDING THE ENTERPRISE CENTER RCBC PLAZA BURGUNDY CORPORATE TOWER LIBRAN HOUSE IT CENTER MJ PLAZA MANILA HARBOUR CENTER NEWPORT CITY CYBERTOURISM ZONE SM ICITY SM ICITY 2 SM CYBERZONE 1 G.T. TOWER INTERNATIONAL THE PASEO CENTER IT BUILDING AMKOR TECHNOLOGY PACIFIC INFORMATION TECHNOLOGY CENTER JGC PHILIPPINES BUILDING SDC IT BUILDING ASIAN STAR BUILDING THE PARAGON CORPORATE CENTRE ROBINSONS CYBERPARK ROBINSONS-EQUITABLE TOWER PBCOM TOWER ANSONS CENTER SUMMIT ONE OFFICE TOWER PHILAMLIFE I.T. BUILDING 6750 AYALA AVE. BLDG. 6780 AYALA 6788 AYALA AVE. BLDG. JG SUMMIT CENTER DELA ROSA E-SERVICES BUILDING SM MAKATI CYBERZONE BUILDING SM MAKATI CYBER ZONE 2 BUILDING GLORIETTA 5 UNIONBANK PLAZA BPI BUENDIA CENTER ALLEGRO IT CENTER EAST CYBER GATE WORLDWIDE CORPORATE CENTER GATEWAY OFFICE TOWER CYBER PARK BUILDING ONE PACIFIC STAR BUILDING PHILAMLIFE IT TOWER NISCOM IT BUILDING INSULAR LIFE BUILDING INSULAR LIFE CORPORATE CENTER CAVITE ECONOMIC ZONE LAGUNA INTL. INDUSTRIAL PARK LIGHT INDUSTRY & SCIENCE PARK I LIGHT INDUSTRY & SCIENCE PARK II LIGHT INDUSTRY & SCIENCE PARK III TABANGAO SPECIAL ECONOMIC ZONE LAGUNA TECHNOPARK LAGUNA TECHNOPARK ANNEX FIRST CAVITE INDUSTRIAL ESTATE GATEWAY BUSINESS PARK KEPPEL PHILIPPINES MARINE SPECIAL ECONOMIC ZONE GREENFIELD AUTOMOTIVE PARK YTMI REALTY SPECIAL ECONOMIC ZONE LIMA TECHNOLOGY CENTER COCOCHEM AGRO INDUSTRIAL PARK PEOPLES TECHNOLOGY COMPLEX SAN LAZARO TOURISM AND BUSINESS PARK GOLDEN MILE BUSINESS PARK FIRST PHILIPPINE INDUSTRIAL PARK TIGERLAND AGRO-INDUSTRIAL ECONOMIC ZONE CARMELRAY INDUSTRIAL PARK CARMELRAY INDUSTRIAL PARK II CALAMBA PREMIERE INTERNATIONAL PARK TOYOTA STA. ROSA SEZ AG&P SPECIAL ECONOMIC ZONE DAIICHI INDUSTRIAL PARK ALLEGIS IT PARK FILINVEST TECHNOLOGY PARK - CALAMBA EASTBAY ARTS, RECREATIONAL AND TOURISM SM CITY BACOOR LAKESIDE EVOZONE ROBINSONS BIG R SUPERCENTER STA. ROSA COMMERCIAL IT PARK ROBINSONS PLACE STA. ROSA SAINT FRANCES CABRINI MEDICAL TOURISM PARK PHILTOWN TECHNOLOGY PARK ROBINSONS PLACE LIPA PAMALICAN ISLAND TOURISM ECOZONE CAMARINES SUR IT PARK BORACAY ECO-VILLAGE RESORT MACTAN ECONOMIC ZONE BIGFOOT IT PARK MACTAN ECONOMIC ZONE II SYNERGIS IT CENTER HDMF-WTCI IT TOWER CEBU IT TOWER MANGO SQUARE CEBU SOUTH ROAD PROPERTIES ARCENAS ESTATE IT BUILDING A. D. GOTHONG IT CENTER JY SQUARE IT CENTER JY SQUARE IT CENTER III CEBU LIGHT INDUSTRIAL PARK LEXMARK PLAZA OAKRIDGE INFORMATION TECHNOLOGY CENTER PHIL. BXT CORP. TOURISM ECONOMIC ZONE PIONEER HOUSE CEBU WEST CEBU INDUSTRIAL PARK NEW CEBU TOWNSHIP MRI ECONOMIC ZONE HVG ARCADE IT PARK INNOVE IT PLAZA ASIATOWN IT PARK FEDERATED IT PARK DAMOSA IT PARK ROBINSONS CYBERGATE CENTER PUEBLO DE ORO IT PARK JASAAN MIS. ORIENTAL ECOZONE BUKIDNON AGRO-RESOURCES EXPORT ZONE DBP IT PLAZA THE BLOCK IT PARK ONE SANPARQ LOPUE'S EAST I. T. CENTER LUXUR PLAZA ITFORMATION CENTRE SMCI IT CENTER CIIF AGRO-INDUSTRIAL PARK RIO TUBA EXPORT PROCESSING ZONE SARANGANI ECONOMIC DEVELOPMENT ZONE SRC ALLAH VALLEY ECONOMIC DEVELOPMENT ZONE SRC CALUMPANG ECONOMIC DEVT. ZONE FIRST ORIENTAL BUSINESS & INDUSTRIAL PARK NCCC DAVAO IT CENTER LUISA AVENUE SQUARE IT CENTER NCCC DAVAO IT CENTER MANTICAO ECOZONE CORPORATION SEZ MARVIN PLAZA BUILDING DPC PLACE BUILDING MSE CENTER TRAFALGAR PLAZA OCTAGON IT BUILDING VITRO INTERNET DATA CENTER BUILDING WYNSUM CORPORATE PLAZA IT BUILDING TRANSCOM CENTER ORIENT SQUARE IT BUILDING RIVERBANK CENTER ICT BLDG. I RIVERBANK CENTER ICT BLDG II BLUE WAVE MARIKINA UP SCIENCE & TECHNOLOGY PARK (South) UP SCIENCE & TECHNOLOGY PARK (North) FOOD TERMINAL INC. SEZ EMI SPECIAL ECOZONE BATAAN ECONOMIC ZONE SUBIC SHIPYARD PLASTIC PROCESSING CENTER SEZ HERMOSA ECOZONE LEYTE INDL. DEVELOPMENT ESTATE MEGACENTER IT BUILDING LEYTE INFORMATION COMMUNICATION TECH. PARK JOSE PANGANIBAN SEZ MISIBIS RESORTS AND ESTATES RAPU-RAPU ECOZONE Manufacturing Economic Zones Information Technology Parks / Centers Tourism Economic Zones Medical Tourism Park /Center Agro-Industrial 65 172 13 2 16 * Legend: MANILA CEBU

5 65 172 13 2 16 Manufacturing IT Parks (38) and IT Centers (134) Tourism Ecozones Medical Tourism Park / Center Agro-Industrial Parks

6 1995 – 2011 Economic Zone Investments : P 1.995 Trillion 449% 24% 144 % 61 %.6% EPZA PEZA 12.7 B 9.6 B 86 -93 1994 52.5 B 65.3 B 159.7 B 96.9 B 155.7 B 156.7 B 80.8 B 38.7 B 31.7 B 50.5 B 67.2 B 83.7 B 133.7 B 154.8 B 175.4 B 204.4 B 288.3 B 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 ECONOMIC ZONE INVESTMENTS 89 300 270 240 210 180 150 120 90 60 30 0 57 % 33 % 25 % 9091929394959697989900010203040506 60 % 07 16 % 08 13 % 0910 16.6 % 11 41.1 %

7 LOCATOR INVESTMENTS BY NATIONALITY ( 1995 – 2011 ) 20.89 % Filipino 18.32 % American 6.35 % British 7.80 % Dutch 2.52 % Singaporean 1.50 % German 3.89 % Others 3.86 % Korean 1.29 % Swiss 33.58 % Japanese

8 LOCATOR INVESTMENTS BY PRODUCT SECTOR ( 1995 – 2011 ) Information Technology Services Transport (Shipbuilding, Car Parts, Equipment) Electrical Machinery and Apparatus Medical, Precision and Optical Instruments Tourism Rubber and Plastic Products Chemical and Chemical Products Other Manufactures 5.91 % 5.08 % 2.45 % 6.22 % 1.32 % 0.95 % 15.60 % Metals/Fabricated Metal Products Medical Tourism1.92 % 7.70 % 10.33 % 42.52 % Electronics / Semiconductors

9 In Billion US Dollars 1995 : US $ 4.284 1996 : US $ 6.500 1997 : US $ 10.626 1998 : US $ 13.270 1999 : US $ 15.807 2000 : US $ 20.025 2001 : US $ 19.498 2002 : US $ 22.775 2003 : US $ 27.313 2004 : US $ 30.924 2005 : US $ 32.030 2006 : US $ 36.077 1994 : US $ 2.739 2007 : US $ 40.889 56.4 % 51.7 % 63.5 % 24.9 % 19.1 % 26.7 % - 2.5% 16.8% 19.9% 13.2% 3.6% 12.6% 13.3% 2008 : US $ 40.543 ECOZONE EXPORTS - 0.84% 2009 : US $ 32.898 -18.86% 2010 : US $ 40.473 23.02% 2011 : US $ 42.144 4.13%

10 TOTAL PHILIPPINE COMMODITY EXPORTS ( Billion U.S. Dollars ) 40 60 30 50 20 10 0 2.7 10.7 20% 80% 13.5 1994 6.5 14.0 32% 68% 20.5 1996 10.6 14.6 42% 58% 25.2 1997 13.3 16.2 45% 55% 29.5 1998 15.8 19.2 45% 55% 35.0 1999 20.0 18.1 53% 47% 38.1 2000 19.5 12.7 61% 39% 32.2 2001 22.7 12.5 65% 35% 35.2 2002 27.2 9.0 75% 25% 36.2 2003 30.7 9.0 77% 23% 39.7 2004 31.6 9.6 77% 23% 41.3 2005 35.1 12.3 74% 26% 47.4 2006 39.0 11.5 77% 23% 50.5 2007 38.0 11.1 77% 23% 49.1 2008 4.3 13.2 1995 25% 75% 17.4 28.9 9.5 75% 25% 38.4 2009 15.4 70% 30% 51.5 2010 11.7 76% 24% 48.0 2011 36.136.3 Economic Zone Exports Others

11 1995 1997 1996 1998 1999 2000 2001 2002 2003 2004 2005 2006 121,823 152,250 183,709 219,791 247,076 91,860 278,407 289,548 328,384 362,851 406,752 451,279 545,025 1994 2007 593,108 2008 608,387 ECOZONE DIRECT EMPLOYMENT 2009 611,058 2010 735,672 2011 840,945 14.31%

12

13 TOP ECONOMIC ZONE INVESTORS TI (Philippines), Inc. Electronics American Toshiba Information Electronics Japanese Sunpower Philippines Solar Cells Brit. Cayman Amkor Technology Electronics Singaporean NXP Semiconductors Electronics Dutch Ibiden Philippines Electronics Japanese Hoya Glass Disk Electronics Japanese Epson Precision Electronics Japanese Taganito Hpal Nickel Corp. Basic Metals Japanese Travellers International Tourism Filipino Coral Bay Nickel Corp. Basic Metals Japanese

14 TOP ECONOMIC ZONE INVESTORS Hitachi Global Storage Electronics Dutch Samsung Electro-Mech Electronics Korean Rohm Electronics Electronics Singaporean St. Lukes Medical City Medical Tourism Filipino Tsuneishi Heavy Ind Shipbuilding Japanese STMicroelectronics, Inc. Electronics Swiss Integrated Micro Electronics British Panasonic Precision Electronics Dutch Sureste Properties, Inc. Tourism Filipino Toyota Autoparts Automotive Japanese

15 TOP ECONOMIC ZONE INVESTORS Convergys IT American Lufthansa Technik Air Transport German Nidec Phil Electronics Japanese TDK Phils. Electronics Japanese Pilipinas Kao, Inc. Chemical Products Japanese Analog Devices Electronics Dutch Green Future Innovation Agro-Industrial Filipino JP Morgan Chase Bank IT American Continental Temic Electronics German Schweitzer-MauduitRTL Tobacco Products American On Semiconductor Electronics American Terumo Phil Medical Instrmt Japanese

16 TOP ECONOMIC ZONE INVESTORS Lexmark Intl Office Eqpmt. Swiss Taiyo Yuden Electronics Japanese Teletech IT American House Technology Plastic Products Singaporean Samsung Electronics Electronics Korean Accenture IT Dutch PASAR Basic Metals Filipino PV Tech Electrical Mach Singaporean Cypress Electronics American Ford Motor Automotive American Moog Electronics American First Philec Electronics Filipino

17 308 European Companies in PEZA. 281 are from EU Countries

18 36 German Companies in PEZA Economic Zones

19 GERMAN ELECTRONICS AND SEMICON COMPANIES Continental Temic Electronics (Philippines), Inc. Nobile, Inc. Temic Automotive (Phils.), Inc. Temic Semiconductor Test, Inc. TSPIC Corporation Vishay (Phils), Inc. GERMAN TRANSPORT AND TRAINING COMPANIES Lufthansa Technik Philippines, Inc. Lufthansa Technical Training Phils., Inc. GERMAN ELECTRICITY AND GAS COMPANIES Linde Philippines (South) Linde Philippines, Inc.

20 GERMAN GARMENTS AND TEXTILES COMPANIES CS Garment, Inc. Freshtex Philippines, Inc. JMMV Creations Manufacturing, Inc. Newtech Pulp, Inc. Philippine Light-Leather, Inc. Christ Philippines, Inc. GERMAN FABRICATED METALS COMPANIES Aionio, Inc. Zentes Unitex Asia, Inc. GERMAN MEDICAL PRECISION COMPANY Empress Dental Laboratories, Inc. GERMAN OTHER MANUFACTURING COMPANIES High End Fashion Jewelry Production Philippines, Inc. SHS Perforated Materials, Inc.

21 GERMAN ELECTRICAL APPARATUS COMPANY Bay-Sports Mfg., Inc. GERMAN WAREHOUSING AND REAL ESTATES COMPANIES First Choice Properties, Inc. Vishay (Phils.) Inc. – Warehousing Division Plastic and Tools, Inc. Cavite Socks, Inc.

22 Arvato Corp. Atos Information Technology Inc. Vishay (Phils.) Inc. 1 & 1 Internet (Philippines), Inc. CALL CENTERS GERMAN I.T. COMPANIES BPO NON-VOICE SERVICES Bombardier Transportation (Shared Services) Philippines, Inc. Daimler Group Services Philippines, Inc. MULTI-MEDIA GRAPHICS, ANIMATION, AND OTHER SERVICES Bigfoot Studios, Inc.

23 Fritz & Macziol Asia Inc. SOFTWARE DEVELOPMENT GERMAN I.T. COMPANIES ENGINEERING, ARCHITECTURAL AND OTHER DESIGN Temic Automotive (Phils.) Inc. DATA ENCODING, TRANSCRIBING AND RELATED SERVICES Payment Processing Corporation

24 WHY INVEST IN THE PHILIPPINES

25 Literate, English – speaking, easy to train, hardworking and very friendly FILIPINO WORKERS Among the Best in the World THE COUNTRYS COMPETITIVE EDGE In the IT Service Sector Filipino Workers are considered the new breed of world-class service professionals and are referred to as Global Knowledge Workers because they are intelligent and able to compete at the highest levels among the best in the world.

26 VERY FAST LEARNING CURVE OF FILIPINO WORKERS 8 weeks (2 months) to train Filipino workers Compared to 16 to 24 weeks (4 to 6 months) to train others

27 100% Foreign Ownership of Companies; Basic rights of Investors are guaranteed (right to remit profits and pay foreign obligations, right to repatriate investments) Simplified investments procedures BUSINESS-FRIENDLY POLICIES

28 STRATEGIC LOCATION Russia EUROPE United States of America South America Pacific Ocean Atlantic Ocean Australia Japan Korea China India Africa Taiwan Hong Kong Philippines Thailand Malaysia Singapore Indonesia Germany France United Kingdom Canada Middle East New Zealand

29 VERY HOSPITABLE and COMFORTABLE SECOND HOME to EXPATRIATES Very friendly attitude of Filipinos towards foreigners Availability of quality primary and secondary education Presence of International Schools Housing closest to meeting western standards at very reasonable rental rates Best sporting and recreational facilities Many world-class golf courses. World class health care services (Result of a survey conducted on expatriates in Asia)

30 Philippines Competitive Advantage on Business Environment in Comparison to other Asian Countries January 2012 Japan External Trade Organization (JETRO) Manila

31 1. Moderate Cost

32 1.1 Problems of increasing financial costs (%)

33 1.2 Problems in shortage of land/offices, rising land prices/rental (%)

34 1.3 Problems in skyrocketing payroll costs (%)

35 2. Sufficient Labor Supply

36 2.1 Difficulty in recruiting general staff (%)

37 2.3 Low rate of workers employment retention (%)

38 2.4 Problems of workers competency (%)

39 2.5 Difficulty in Quality Control (Manufacturing only) (%)

40 MANAGEMENT TROUBLE FOR JAPANESE MANAGERS IN ASIAN COUNTRIES More than 50% response ratio means Japanese manager feels management trouble in his country (Multiple Answer) Total Questions : 64 items Survey period : August to September 2010 Source : JETRO Survey of Japanese Affiliated Firms in Asia and Oceania Difficulty in local procurement of raw materials and parts Increase in employee wages Increase in procurement costs Electric power shortage Workers capability No progress in the development of local staff Lack of thorough information of trade rules and regulations Inadequate logistics infrastructure Time-consuming customs procedures Competitors market shares are growing (cost-wise competition) Volatility of the local currencys exchange rate against the Japanese Yen Complicated customs clearance procedures Lack of ability and awareness of local staff Tax burdens (i.e. corporate taxes & transfer pricing taxes) Difficulty in recruiting executive staff Philippines 56.4% Malaysia 53.3% 56.5% China 79.6% 57.5% 55.9% Thailand 50.4% 59.1% 52.0% 50.1% India 51.9% 64.5% 62.9% 56.8% 50.5% 54.3% 52.6% Vietnam 67.3% 80.6% 50.4% 70.3% 52.8% 60.4% 58.7% 50.0% Indonesia 53.9% 72.7% 57.1% 52.8% 50.0% 51.2% 65.6% 61.7% 51.2% 50.4% 52.1%

41 8 OUT OF THE WORLDS TOP 20 CHIPMAKERS ARE OPERATING IN THE PHILIPPINES TIPI Philips Fairchild Analog Sanyo On SemiRohm Source: SEIPI TOP CHIPMAKER Samsung

42 TOP HDD PRODUCER FOUR OF THE LARGEST HDD PRODUCERS IN THE WORLD ARE IN THE PHILIPPINES Hitachi ToshibaFujitsu NEC Source: SEIPI

43 LEXMARK – produces 40 million printheads/year AMKOR – manufactures IC packaging with 400 formats, from leadframe to BGA solutions THE WORLDS TOP ELECTRONICS FIRMS Source: SEIPI EPSON – one of the top 3 terminal printer production base of global Epson group, producing its 10 millionth printer SUNPOWER – produces solar panels CONTINENTAL – produces ABS, sensors CEBU MITSUMI –manufactures computer peripherals and components such as CD-R, CD-RW, optical pick up

44 WITH HOMEGROWN SMS & EMS FIRMS … and a cluster of homegrown ODMs time recorder, AVR, power supplies, alarm systems, electronic ballasts, testers, GPS tracking, automated toll collection, others Notes: SMS – Semiconductor Manufacturing Services EMS – Electronics Manufacturing Services ODM – Original Design Manufacturing AVR – Automatic Voltage Regulator GPS – Global Positioning System IMIIonicsPSIFastechTeam Source: SEIPI

45 Source: Survey Conducted by the US Chambers of Commerce in ASEAN Philippines Most Popular Expansion Destination of American Companies in Asia

46 COMPARATIVE WAGES Between Philippines and Germany Country / City Daily Minimum WagesMonthly Minimum Wage Exchange Rate Per Euro 1 In Country CurrencyIn EuroIn Country CurrencyIn Euro Philippines / NCR 446.008.24 13,380.00247.2054.142 Philippines / Region IV-A 349.506.46 10,485.00193.8054.142 Philippines / Region VII 305.005.63 9,150.00169.0054.142 Germany141 141.004,217 4,217.001.00

47 WHY INVEST IN PEZA ECONOMIC ZONES A.FISCAL INCENTIVES B.NON-FISCAL INCENTIVES

48 Income Tax Holiday (ITH) or Exemption from Corporate Income Tax for four years, extendable to a maximum of eight years; After the ITH period, payment of the special 5% Tax on Gross Income, in lieu of all national and local taxes; Exemption from duties and taxes on imported capital equipment, spare parts, supplies, and raw materials; Domestic sales allowance of up to 30% of total sales; Zero Value-Added Tax (VAT) Rate on local purchases to include telecommunications, power, and water bills; Exemption from payment of local government taxes and fees. FISCAL INCENTIVES for EXPORT COMPANIES

49 Employment of foreign nationals; Special visa for foreign investors and immediate family members; Unequalled service by PEZA. NON-FISCAL INCENTIVES for EXPORT COMPANIES

50 PEZA IS A ONE-STOP SHOP Building and Occupancy Permits are issued by PEZA. Import and Export Permits are issued by PEZA. Automated and web-based Import & Export Procedures and e- Payment System (Paperless Transactions). Special multiple-entry non-immigrant visa processed in PEZA. Environment Clearance processed thru PEZA. Exemption from Local Government Permits and Fees. Registration requirements simplified, registration forms downloadable from website and uncomplicated, approval made easy.

51 At the zones, PEZA provides 24 hours a day, 7 days a week of continuous service to locator companies. The Director General herself and other PEZA officials are on call 24 hours a day, 7 days a week. PEZA IS A NON-STOP SHOP

52 NO RED TAPE ONLY RED CARPET TREATMENT In PEZA,

53 In PEZA, there is NO GRAFT NO CORRUPTION

54 ISO 9001:2008 PEZAs Quality Management System is certified ISO 9001:2008. PEZA is certified ISO 9001:2008 for all its processes, at all levels, in all sites, nationwide.

55 ONLY PEZA CITED FOR BEST PRACTICE AMONG ECONOMIC ZONES WORLDWIDE Under PEZA, the Philippines has shown dramatic improvements in Investment Climate. End Result – PEZA is a shining example of successful regulatory reform improving overall investment climate in the country Study of Gohan Akinci Foreign Investment Advisory Services (FIAS), International Finance Corporation of the World Bank (IFC-WB)

56 We now have a Reformist Government that is open for business. President Aquinos Policy Thrusts: 1.Good Governance 2.Level Playing Field 3.Transparency 4.No Corruption

57 OTHER PEZA ECOZONE PROGRAMS

58 INFORMATION TECHNOLOGY PROGRAM

59 TOURISM ECONOMIC ZONES

60 MEDICAL TOURISM ECONOMIC ZONES

61 AGRO-INDUSTRIAL ECONOMIC ZONES

62 AWAITING AWAITING YOUR YOUR INVESTMENTS ! INVESTMENTS !


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