3/F, Grand Ballroom, Section II Grand Hyatt Taipei, Taipei, Taiwan 9:00 AM, March 27, 2015 3/F,...
-
Upload
johnathan-kennedy -
Category
Documents
-
view
222 -
download
0
Transcript of 3/F, Grand Ballroom, Section II Grand Hyatt Taipei, Taipei, Taiwan 9:00 AM, March 27, 2015 3/F,...
3/F, Grand Ballroom, Section IIGrand Hyatt Taipei, Taipei, Taiwan
9:00 AM, March 27, 2015
3/F, Grand Ballroom, Section IIGrand Hyatt Taipei, Taipei, Taiwan
9:00 AM, March 27, 2015
A Presentation for the:
“OPPORTUNITIES FOR TAIWANESE INVESTORS IN PHILIPPINE
ECONOMIC ZONES”
PHILIPPINE INVESTMENT SEMINAR
by
DR. LILIA B. DE LIMAPEZA Director General and
Undersecretary, Department of Trade and Industry
• Attached to the Department ofAttached to the Department ofTrade and IndustryTrade and Industry
• Promotes InvestmentsPromotes Investments
• Creates EmploymentCreates Employment
• Generates ExportsGenerates Exports
Philippine Economic Zone Authority (PEZA)
68 Industrial and Export Processing Zones
43 IT Parks
166 IT Centers
19 Tourism Ecozones
2 Medical Tourism Parks
19 Agro-Industrial Parks As of Jan 2015
317 Economic Zones Nationwide
LOCATOR INVESTMENTS BY NATIONALITY( 1995 – 2014 )
22.78 % Filipino
15.87 % American
7.98 % British
10.29 % Dutch
3.07 % Singaporean 1.60 % German
4.35 % Others
3.39 % Korean
0.96 % Swiss
29.71 % Japanese
LOCATOR INVESTMENTS BY PRODUCT SECTOR( 1995 – 2014 )
Metals/Fabricated Metal Products
Transport (Shipbuilding, Car Parts, Equipment)
Electrical Machineryand Apparatus
Medical, Precision andOptical Instruments
Tourism
Rubber and Plastic Products
Other Manufactures
6.00 %
4.58 %
2.43 %
8.94 %
1.43 %
18.79 %
Information Technology Services
Medical Tourism1.31 %
9.29 %
9.78 %
37.45 %Electronics /
Semiconductors
WHY PHILIPPINES
PHILIPPINE STRENGTHS
6.1% GDP Growth, 2nd Highest in Asia in 2014
100 Million Population as of July 27, 2014
PHILIPPINE STRENGTHS
Investment Grade Credit Rating
PHILIPPINE STRENGTHS
Investment Grade Credit Rating
PHILIPPINE STRENGTHS
Investment Grade Credit Rating
Rating and Investment Information, Inc.
PHILIPPINE STRENGTHS
Investment Grade Credit Rating
PHILIPPINE STRENGTHS
Investment Grade Credit Rating
• High literacyHigh literacyrate of 94.6%rate of 94.6%
• EnglishEnglishspeakingspeaking
The Filipino Work Force
• Easy to trainEasy to train
• HardworkingHardworking
The Filipino Work Force
• Very friendlyVery friendly
The Filipino Work Force
Filipino Workers are considered
Global Knowledge Workers
because they are intelligent and
able to compete at the highest
levels among the best in the world.
In the I.T. Sector
1 million Filipinos reach working age every 1 million Filipinos reach working age every year, and half of them are college year, and half of them are college
graduates.graduates.
The Filipino Work Force
• Basic rights of Investors are guaranteed:Basic rights of Investors are guaranteed: Right to remit profitsRight to remit profits Right to pay foreign obligationsRight to pay foreign obligations Right to repatriate investmentsRight to repatriate investments
• 100% Foreign ownership of companies100% Foreign ownership of companies
Foreign Investor-Friendly Policies
STRATEGIC LOCATIONSTRATEGIC LOCATION
Russia
EUROPE United Statesof America
SouthAmerica
Pacific Ocean
Atlantic Ocean
Australia
JapanKoreaChina
IndiaAfrica
Taiwan
Hong Kong Philippines
ThailandMalaysiaSingapore
Indonesia
Germany
France
UnitedKingdom
Canada
MiddleEast
New Zealand
HOSPITABLE and COMFORTABLESECOND HOME
(Result of a survey conducted on expatriates in Asia)
Very friendly attitude of Filipinos
(Result of a survey conducted on expatriates in Asia)
Housing at very reasonable
rates
(Result of a survey conducted on expatriates in Asia)
International schools for
expatriates' children
(Result of a survey conducted on expatriates in Asia)
Best sporting and
recreational facilities
(Result of a survey conducted on expatriates in Asia)
World class health services
WHY PEZA
1.1. Income Tax Holiday (ITH)Income Tax Holiday (ITH) 6 to 8 years for pioneer project6 to 8 years for pioneer project 4 to 6 years for non-pioneer4 to 6 years for non-pioneer
projectproject
2.2. After the ITH - Special 5% tax onAfter the ITH - Special 5% tax ongross income less allowablegross income less allowabledeductions in lieu of all nationaldeductions in lieu of all nationaland local taxesand local taxes
Incentives
3. Tax and duty free importation of3. Tax and duty free importation of capital equipment, spare parts, capital equipment, spare parts, supplies and raw materials supplies and raw materials
4. Domestic sales allowance of up4. Domestic sales allowance of up to 30% of total sales to 30% of total sales
Incentives
5.5. Zero Value Added Tax (VAT) RateZero Value Added Tax (VAT) Rateon all local purchases to includeon all local purchases to includetelecommunications, power andtelecommunications, power andwater billswater bills
6.6. Exemption from payment of localExemption from payment of localgovernment taxes and feesgovernment taxes and fees
Incentives
7.7. Employment of foreign nationalsEmployment of foreign nationals
8.8. Special visa for foreign investorsSpecial visa for foreign investorsand immediate family membersand immediate family members
9. Unequalled service by PEZA
Incentives
THE THE PEZAPEZA
BRAND BRAND OF OF
SERVICESERVICE
Building and Occupancy PermitsBuilding and Occupancy Permits
Import and Export PermitsImport and Export Permits
Online Import and ExportOnline Import and ExportProcedures and E-Payment SystemProcedures and E-Payment System
1. PEZA is a One-Stop Shop
Special multiple-entrySpecial multiple-entrynon-immigrant Visanon-immigrant Visa
Environment Clearance Environment Clearance CertificateCertificate
Exemption from LocalExemption from LocalGovernment Permits and Government Permits and FeesFees
Simplified registration Simplified registration processprocess– forms can be downloaded– forms can be downloadedfrom websitefrom website
• Provides 24 hours a day, 7 daysProvides 24 hours a day, 7 daysa week of continuous servicea week of continuous service
• The Director General and otherThe Director General and othertop officials are on call 24 hourstop officials are on call 24 hoursa day, 7 days a weeka day, 7 days a week
2. PEZA is a Non-Stop Shop
NONO RED TAPERED TAPE
3. In PEZA, there is
ONLYONLY RED CARPETRED CARPETTREATMENTTREATMENT
3. In PEZA, there is
NO GRAFTNO GRAFT
NO CORRUPTIONNO CORRUPTION
4. In PEZA, there is
For all For all processes, processes, at all levels, at all levels, in all offices,in all offices,nationwide.nationwide.
PEZA is ISO 9001:2008 Certified
““Under PEZA, the Under PEZA, the Philippines has shown Philippines has shown dramatic improvements in dramatic improvements in Investment Climate.Investment Climate.
End Result – PEZA is a End Result – PEZA is a shining example of shining example of successful regulatory successful regulatory reform improving overall reform improving overall investment climate in the investment climate in the country.”country.”
IFC – World Bank cited only PEZA forBest Practice among Economic Zones
worldwide
Under President Under President Aquino’s “Daang Aquino’s “Daang Matuwid”Matuwid”(Straight Path) (Straight Path) Policy:Policy:
Good Good GovernanceGovernanceTransparencyTransparencyNo CorruptionNo Corruption
Reformist Government
Appreciation of Investment Environments
(December 2014)
JETRO 2014 Survey of Japanese-Affiliated Firms in Asia and Oceana
Less Linguistic/Communication Problems(%)
Source:2014 Survey of Japanese-Affiliated Firms in Asia and Oceania, JETRO
Easy to hire local staff(General worker/staff/clerk)
(%)
Source:2014 Survey of Japanese-Affiliated Firms in Asia and Oceania, JETRO
High Quality of Employees(General worker)
(%)
Source:2014 Survey of Japanese-Affiliated Firms in Asia and Oceania, JETRO
High Employee Retention Rates(%)
Source:2014 Survey of Japanese-Affiliated Firms in Asia and Oceania, JETRO
Tax Incentives(Corporate Tax Holidays etc.)
(%)
Source:2014 Survey of Japanese-Affiliated Firms in Asia and Oceania, JETRO
Country 2010 2011 2012 2013
China 90 185 382 656
Indonesia 192 196 51 239
Philippines 8 2 2 1
Thailand 3 14 12 11
Vietnam 423 981 468 327
(Unit: Number)
SourceChina: China Labour BulletinIndonesia: Ministry of Manpower and TransmigrationPhilippines: National Conciliation and Mediation BoardThailand: Department of Labour Protection and WelfareVietnam: Vietnam General Confederation of Labor
Number of Strikes/Lockouts
8 OUT OF THE WORLD’S TOP 20 CHIPMAKERSARE OPERATING IN THE PHILIPPINES
TIPI Philips Fairchild
Analog Sanyo On Semi Rohm
Source: SEIPI
TOP CHIPMAKER
Samsung
TOP HDD PRODUCER
FOUR OF THE LARGEST HDD PRODUCERS
IN THE WORLD ARE IN THE PHILIPPINES
Hitachi
Toshiba
Fujitsu NEC
Source: SEIPI
LEXMARK – produces 40 million printheads/year
AMKOR – manufactures IC packaging with 400 formats, from leadframe to BGA solutions
THE WORLD’S 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
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 ServicesEMS – Electronics Manufacturing ServicesODM – Original Design ManufacturingAVR – Automatic Voltage RegulatorGPS – Global Positioning System
IMI Ionics PSI Fastech
Team
Source: SEIPI
TI (Philippines), Inc. Electronics American/Dutch
Taganito HPal Nickel Corp. Basic Metals Japanese
Toshiba Information Electronics Japanese
Tiger Resort Tourism American/Japan
Sunpower Philippines Solar Cells American/Cayman
Travellers International Tourism Filipino
Ibiden Philippines Electronics Japanese
Coral Bay Nickel Corp. Basic Metals Japanese
Amkor Technology Electronics Singapore/US
NXP Semiconductors Electronics Dutch
Canon Business Machines Electronics Japanese
Top Economic Zone Investors
MCE Leisure Corporation Tourism British Virgin Isl.
Epson Precision Electronics Japanese
PASAR Basic Metals Filipino
Rohm Electronics Electronics Singapore/Jap
HGST Philippines Electronics Dutch/Japanese
Samsung Electro-Mech Electronics Korean
Toyota Autoparts Automotive Japanese
St. Luke’s Medical Center Medical Tourism Filipino
Tsuneishi Heavy Ind Shipbuilding Japanese
STMicroelectronics, Inc. Electronics Swiss
Integrated Micro Electronics British
Top Economic Zone Investors
Convergys IT American
Panasonic Precision Electronics Dutch/Japanese
Sureste Properties Tourism Filipino
American Power Electrical Mach American
TDK Philippines Electronics Japanese
Taiyo Yuden Electronics Japanese
Lufthansa Technik Air Transport German
Pilipinas Kao, Inc. Chemical Products Japanese
Terumo Phil Medical Instrm’t Japanese
Nidec Philippines Electronics Japanese
Continental Temic Electronics German
Top Economic Zone Investors
Atlantic Gulf & Pacific Fabricated Metal Filipino
On Semiconductor Phils. Electronics American
Accenture, Inc. IT Dutch
Analog Devices Electronics Dutch
Green Future Innovations Agro-Industrial Japanese
JP Morgan Chase Bank IT American
Teletech IT American
Brother Industries Electronics Japanese
Schweitzer-Maudit Agro American
Xerox Business Services IT Dutch
Convergys Phils. Inc. IT Dutch
House Technology Electronics Singaporean/Japanese
Top Economic Zone Investors
66 Taiwanese Companies
in PEZA Economic Zones
(As of Jan 2015)
ELECTRONICS AND SEMICON COMPANIESTong Hsing Electronics (Philippines), Inc.Dyna Image Corporation PhilippinesKinpo Electronics (Philippines), Inc.Orient Semiconductor Electronics Philippines, Inc.Acbel Polytech Philippines, Inc.Leader Electronics (Philippine Branch), Inc.MEC Electronics Philippines CorporationLakepower Converter, Inc.High Well Electronics Mfg. CorporationUltra-Pak Philippines CorporationLinksphere Technologies, Corp
FABRICATED METAL PRODUCTS COMPANIESTaihan Precision Technology (Philippines) Co., Inc.Hor Sin Metal CorpVinox CorporationAsam Industries Inc.Rosario Fasteners CorporationPhilake Metal CorporationSK 10 Corporation
MEDICAL, PRECISION AND OPTICAL INSTRUMENTS COMPANIESBioteque Medical Phil., Inc.Tong Fang International, Inc.Asia Scorpio Optics Co., Inc.WEARING APPAREL, GARMENTS, TEXTILE COMPANIESMactan Apparels, Inc.Global Wear Manufacturing, Inc.Metro Wear Inc.Feeder Apparel CorporationPan-Phil Sportswear, Inc.Palmphil Garments Philippine CorporationFormosagarment Printing, Inc.Chi Hsing Hats & Caps, Inc.Good Enterprise CorporationExcellent Texscreeners, Inc.Philippine Unionlite Industrial CorporationBetter Phils. Apparel, Inc.Mactan Diamond Embroidery, Inc.Classic Computer Embroidery, Inc.
LEATHER, LUGGAGE, HANDBAGS, FOOTWEAR COMPANIESProbag Cebu Exports, Inc.St. Jane International, Inc.Sports Royal, Inc.Headway Caps International Co., Inc.Bagtrends International Corporation
RUBBER, PLASTIC, AND PAPER PRODUCTS COMPANIESShing Hung Plastics Company, Inc.Tsuchiya Kogyo (Phils.), Inc.Foxcolor Tech., Inc.Polaris Mold Fabrication CorporationFaith Achieve Plastics CorporationPhilbook Consumer Products Inc.Paul Deco Industrial Corporation
FURNITURE AND WOOD PRODUCTS COMPANIESApollo Sun CorporationGreenwood Home Décor, Inc.Paul Yu Philippines Corporation
LOGISTICS, FACILITIES, UTILITIES, RECYCLING COMPANIESTansunco Properties, Inc.Globalwear Manufacturing Inc.Formosawide Industries, Inc.Asia Pacific Energy CorporationOTKM Services Phils., Inc.TMC Metal Philippines, Inc.V-Tech Trading Logistics and Services Corp.Alicia Ann International, Inc.ELECTRICAL MACHINERY, CHEMICAL PRODUCTS COMPANIESCSB Battery Co., Ltd. (Philippine Branch)East Stacker Philippines CorporationBary’s Industrial CorporationJ.I.T. Injection Machinery Philippines Corp.
I.T. COMPANYXuenn Incorporated
AWAITINGAWAITINGYOURYOUR
INVESTMENTS !
INVESTMENTS !