Philippine Business and investment opportunities in science and technology and other priority sectors

SEATTLE, WASHINGTON
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PHILIPPINE BUSINESS FORUM 2012

PHIILIPPINES
A BUSINESS AND INVESTMENT environment INTRODUCTION
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Quick Facts
REPUBLIC OF THE PHILIPPINES Capital: Manila Government Type: Republic (Democracy) Area: 300,000 sq.km. Population: 103.77 Million (July 2012 estimate) - country comparison to the world: 12 Nationality: Filipino Languages: Filipino (Tagalog) and English plus 8 major dialects Literacy: 94.6%
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Quick Facts
Investments: 19.8% of GDP GDP: $398.8 Billion (2011 est., purchasing power parity) GDP - PH economy grew 6.4% in Q1 2012, highest in ASEAN Labor force: 39.81 million (2011 est.) Graduates per year: 450,000 GDP Composition: agriculture 14.9%, industry 29.9%, services 55.1% Industries: electronics, assembly, garments, footwear, pharmaceuticals, chemicals, wood products, food processing, petroleum rening, shing
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Quick Facts
Industries: electronics, assembly, garments, footwear, pharmaceuticals, chemicals, wood products, food processing, petroleum rening, shing Government: Executive, Legislative and Judicial Branches Administrative Divisions: 120 chartered cities 80 provinces and

Economic Track Record - 2001-2009 Average GDP for the period was 4.97%, highest since 1966 33 Quarters of Uninterrupted Growth GDP/Capita Grew from $76 billion in 2001 to $186 billion in 2008

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World Class Human Resources

37.89 Million-strong labor force 94.6% Literacy rate 70% uency in English 405,000 University/ College graduates per year (101,000 IT / Computer Science Graduates, 111,000 Business Graduates and 73,000 Medical & Allied/ Natural Sciences Graduates) English speaking The Philippines is the worlds third largest english speaking nation. Exported and highly sought worldwide
PHILIPPINES: WINNER OFFSHORING DESTINATION OF THE YEAR 2010, 2009 AND 2007

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Established Infrastructure and Telecommunications Networks

EXTENSIVE INFRASTRUCTURE EXPANSION & SUPPORT 9 International Airports 20 Domestic Airports 3 Railway lines in Metro Manila 12 Roll on/Roll o ports/ marine highways Newly constructed (major) expressways established telecommunications systems and networks completely deregulated International Infrastructure connectivity and expanding multimedia high volume capacity for voice

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Strategic Location
The Philippines borders Asia Mainland and the Pacic Ocean. Convenient Access to the 550 Million-strong ASEAN Market Reachable within 4 hours by plane from other key Asian Cities Regional Hubs in neighboring ports and countries such as Singapore, Hongkong and Tokyo provide numerous travel options.
Flying Times from key Asian cities: Tokyo - 4 hours Seoul - 3.5 hours Shanghai - 3.25 hours Singapore - 3 hours Hongkong - 2 hours
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Unmatched Government Incentives & Support

4 to 8 years Income Tax Holiday Special 5% tax rate on gross income after the lapse of the Income Tax Holiday for Economic and Special Zone locators Tax and duty exemption and Zero Duty on qualied imported capital equipment Exemption from 12% V.A.T on allowable local purchase of goods and services Unrestricted use of consigned equipment Employment of foreign nationals Working Visas, Special Investors Resident Visas, Retirees Visas
Manufacturing 63 IT Parks 127 Tourism 9 Medical Tourism Parks/ Centers 2 Agro Industrial Centers 6

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Priority Sectors
Infrastructure & PPP I.T. & Business Support Services Electronics Manufacture Creative Services (Animation, Games Development, Music) Tourism & Tourism Infrastructure Green Projects & Renewable Energy

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Business Support and IT Services

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Business Support and IT Services: Diversication of the Industry

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Electronics

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Philippine Electronics Exports

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Who are with us in Electronics

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Prole of Electronics Firms

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www.investphilippines.org.uk

Philippine Trade and Investment Center in Silicon Valley for the US Pacic Northwest
Consulate General of the Philippines in San Francisco Oce of the Trade Commissioner E-mail: siliconvalley@philippinetrade.org
447 Sutter Stret, Suite 405

Thank you very much!

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