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PHILIPPINE ECONOMIC ZONE AUTHORITY.

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1 PHILIPPINE ECONOMIC ZONE AUTHORITY

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

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

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! MARKET! ST. LUKE’S 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 ANSON’S 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 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 IND’L. DEVELOPMENT ESTATE MEGACENTER IT BUILDING LEYTE INFORMATION COMMUNICATION TECH. PARK JOSE PANGANIBAN SEZ MISIBIS RESORTS AND ESTATES RAPU-RAPU ECOZONE CAVITE ECONOMIC ZONE LAGUNA INT’L. 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 PEOPLE’S 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 DEV’T. ZONE FIRST ORIENTAL BUSINESS & INDUSTRIAL PARK NCCC DAVAO IT CENTER LUISA AVENUE SQUARE IT CENTER MANTICAO ECOZONE CORPORATION SEZ MANILA CEBU * Legend: Manufacturing Economic Zones Information Technology Parks / Centers Tourism Economic Zones Medical Tourism Park /Center Agro-Industrial 65 172 13 2 16

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

6 ECONOMIC ZONE INVESTMENTS
300 270 240 210 180 150 120 90 60 30 41.1 % EPZA ‘86 -’93 1994 12.7 B 9.6 B PEZA 16.6 % 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 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 13 % 144 % 61 % .6% 16 % 60 % 25 % 24% 33 % 449% 57 % 89 90 91 92 93 94 95 96 97 98 99 00 01 02 03 04 05 06 07 08 09 10 11 1995 – 2011 Economic Zone Investments : P Trillion

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

8 LOCATOR INVESTMENTS BY PRODUCT SECTOR
( 1995 – 2011 ) 10.33 % Metals/Fabricated Metal Products 7.70 % Information Technology Services 6.22 % Tourism 5.91 % Transport (Shipbuilding, Car Parts, Equipment) 42.52 % Electronics / Semiconductors 5.08 % Electrical Machinery and Apparatus 2.45 % Medical, Precision and Optical Instruments 1.92 % Medical Tourism Rubber and Plastic Products 1.32 % 0.95 % Chemical and Chemical Products 15.60 % Other Manufactures

9 ECOZONE EXPORTS In Billion US Dollars 1994 : US $ 2.739
56.4 % 1996 : US $ 51.7 % 1997 : US $ 63.5 % 1998 : US $ 24.9 % 1999 : US $ 19.1 % 2000 : US $ 26.7 % 2001 : US $ - 2.5% 2002 : US $ 16.8% 2003 : US $ 19.9% 2004 : US $ 13.2% 2005 : US $ 3.6% 2006 : US $ 12.6% 2007 : US $ 13.3% 2008 : US $ - 0.84% 2009 : US $ -18.86% 2010 : US $ 23.02% 2011 : US $ 4.13%

10 TOTAL PHILIPPINE COMMODITY EXPORTS
( Billion U.S. Dollars ) Economic Zone Exports Others 2.7 4.3 6.5 10.6 13.3 15.8 20.0 19.5 22.7 27.2 30.7 31.6 35.1 39.0 38.0 28.9 36.1 36.3 60 50.5 51.5 50 49.1 48.0 47.4 39.7 41.3 38.1 40 38.4 35.2 36.2 35.0 32.2 29.5 30 25.2 20.5 45% 55% 53% 47% 20 17.4 45% 55% 32% 68% 42% 58% 13.5 25% 75% 61% 39% 65% 35% 70% 30% 20% 80% 74% 26% 75% 25% 77% 23% 77% 23% 77% 23% 10 77% 23% 75% 25% 76% 24% 10.7 13.2 14.0 14.6 16.2 19.2 18.1 12.7 12.5 9.0 9.0 9.6 12.3 11.5 11.1 9.5 15.4 11.7 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011

11 ECOZONE DIRECT EMPLOYMENT
1994 91,860 1995 121,823 1996 152,250 1997 183,709 1998 219,791 1999 247,076 2000 278,407 2001 289,548 2002 328,384 2003 362,851 2004 406,752 2005 451,279 2006 1 person = 20,000 545,025 2007 593,108 2008 608,387 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. Luke’s 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-Mauduit RTL Tobacco Products American On Semiconductor Electronics American Terumo Phil Medical Instrm’t Japanese

16 TOP ECONOMIC ZONE INVESTORS
Lexmark Int’l 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 GERMAN I.T. COMPANIES CALL CENTERS BPO NON-VOICE SERVICES
Arvato Corp. Atos Information Technology Inc. Vishay (Phils.) Inc. 1 & 1 Internet (Philippines), Inc. 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 GERMAN I.T. COMPANIES SOFTWARE DEVELOPMENT
Fritz & Macziol Asia Inc. 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 FILIPINO WORKERS Among the Best in the World
THE COUNTRY’S COMPETITIVE EDGE Literate, English – speaking, easy to train, hardworking and very friendly 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 BUSINESS-FRIENDLY POLICIES
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

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

29 (Result of a survey conducted on expatriates in Asia)
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 January 2012 Japan External Trade Organization (JETRO) Manila
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 worker’s employment retention
(%)

38 2.4 Problems of worker’s competency
(%)

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

40 MANAGEMENT TROUBLE FOR JAPANESE MANAGERS
IN ASIAN COUNTRIES 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% 50.4% 52.1% Difficulty in local procurement of raw materials and parts Increase in employee wages Competitors’ market shares are growing (cost-wise competition) Increase in procurement costs Electric power shortage Worker’s capability Complicated customs clearance procedures Lack of ability and awareness of local staff Difficulty in recruiting executive staff Tax burdens (i.e. corporate taxes & transfer pricing taxes) Volatility of the local currency’s exchange rate against the Japanese Yen No progress in the development of local staff Lack of thorough information of trade rules and regulations Inadequate logistics infrastructure Time-consuming customs procedures 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

41 TOP CHIPMAKER 8 OUT OF THE WORLD’S TOP 20 CHIPMAKERS
ARE OPERATING IN THE PHILIPPINES Samsung TIPI Philips Fairchild Analog Sanyo On Semi Rohm Philippine exports have changed dramatically in the last 20 years. We have coined the famous tagline of the export evolution of the country as “From Coconut Chips to Microchips.” In 1976, 80% of Philippine exports were predominantly resource based with electronics accounting only for 3% of total exports. In 2001, 53% of total exports is accounted for by electronics. This transformation likewise reflects changes in economic policies, and the presence of a productive human resource which have been tapped by known multinational companies that have poured in massive investments in their production bases in the country over the last 20 years. Among these are: Intel –largest microprocessor and flash assembly and test factory. It produces the fastest Pentium IV microprocessors. Texas Instruments – Baguio plant produces the chips that power 100% of all Nokia cellular phones in the world and 80% of Siemens and Ericsson cellular phones. Toshiba – has only 3 plants in the world that manufactures laptop and one of these is located in the country. With the presence of Hitachi, Fujitsu, Matsushita and Toshiba, the Philippines supplies 50% of the world’s production of 2.5 HDD. Moog Controls Corporation (Philippines) – bulk of electro-hydraulic motion control systems such as servo valves and actuators produced goes to Boeing or Airbus commercial planes. the steering, suspension and braking systems of Formula One race car have relied on products made by Moog. Matsushita – manufacturer of consumer electronics, communication equipment Source: SEIPI

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

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

44 WITH HOMEGROWN SMS & EMS FIRMS
IMI Ionics PSI Fastech Team … 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 Source: SEIPI

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

46 Between Philippines and Germany
COMPARATIVE WAGES Between Philippines and Germany Country / City Daily Minimum Wages Monthly Minimum Wage Exchange Rate Per Euro 1 In Country Currency In Euro Philippines / NCR 8.24 ₱ 13,380.00 247.20 54.142 Philippines / Region IV-A 6.46 ₱ 10,485.00 193.80 Philippines / Region VII 5.63 ₱ 9,150.00 169.00 Germany 141 € 141.00 4,217 € 4,217.00 1.00

47 WHY INVEST IN PEZA ECONOMIC ZONES FISCAL INCENTIVES
NON-FISCAL INCENTIVES

48 FISCAL INCENTIVES for EXPORT COMPANIES
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.

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

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 PEZA IS A “NON-STOP SHOP”
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.

52 In PEZA, NO RED TAPE ONLY RED CARPET TREATMENT

53 In PEZA, there is NO GRAFT NO CORRUPTION

54 PEZA’s 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 Aquino’s Policy Thrusts: Good Governance Level Playing Field Transparency 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 YOUR INVESTMENTS !


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