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Philippine Government Support to Investors. Philippine Investment Climate. Philippine Investment Trends (In Billion Pesos). 73% growth. Source: National Statistical Coordination Board (NSCB). BOI-PEZA Approved Investments (In Billion Pesos). 69% growth.
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PhilippineInvestment Trends(In Billion Pesos) 73% growth Source: National Statistical Coordination Board (NSCB)
BOI-PEZA Approved Investments(In Billion Pesos) 69% growth Source: National Statistical Coordination Board (NSCB)
The Foreign Investments Act Non-Philippine Nationals (individual or juridical) may invest in domestic or export-oriented (at 60% export) activities up to 100% of its capital provided these are not listed in the Foreign Investments Negative List (FINL): LIST A Areas of activities reserved to Philippine nationals where foreign equity participation in any domestic or export enterprise engaged in any activity listed therein shall be limited to a maximum of 40% as prescribed by the Constitution and other specific laws. LIST B Areas of activities where foreign ownership is limited pursuant to law for reasons of security, defense, risk to health and morals, and protection of SMEs
I. Preferred Activities Proposed Investment Priorities Plan 2011 II. Export Activities • Regular List: • Agriculture/ Agri-business and Fishery • Ship Building • Mass Housing • Energy • Infrastructure • Research and Development • Green Projects • Strategic Projects • Motor Vehicles • Tourism • PPP Projects • Production and Manufacture of Export Products • Services Exports (including IT& IT Enabled services) • Activities in Support of Exporters III. Mandatory List IV. Export ARMM List
Comparison of Incentives Attractive Investment Incentives
Due diligence assistance Information support Visit program development & investment briefing Business matching Business registration facilitation Networking with IPUs and other government agencies on pre-operational business requirements Fast tracking with registration procedures Assistance with local government requirements Aftercare service Presence of government network to quickly respond to concerns Regular supervision & monitoring IPA Services
Strategic Investors Aftercare Program (SIAP) SIAP is a PROACTIVE program designed to create a high quality, trust-based, working relationship between BOI and existing investors in ensuring continuing business in the country. The BOI ensures that investors’ issues and concerns are addressed and managed with the following partners: • Investments Promotion Unit (IPU) Network • National Economic Research and Business Assistance Centers (NERBACs) Fast facilitation of investors issues and concerns Open access to public sector on investment related policy Effective and sustained interaction
BOI (secretariat) BSP DILG HLURB DAR BOC DA DOLE MIAA BFAD DOE DPWH NCIP BI DENR DOST NEDA BIR DOF DOT NICA CICT DFA DOTC POEA CSC OMB SEC IPU NETWORK dispatcher / monitor The OMB has discussed its intention to facilitate Issues raised by the investors to NGA’s thru their resident ombudsman for recommendation to OMB Act on I/C within 5 working days for simple transaction and 10 working days for complex transaction per Anti-Red Tape Law
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Contact details:Asst. Secretary FELICITAS AGONCILLO-REYESInvestments Promotion GroupBoard of InvestmentsIndustry and Investment Building385 Sen. Gil Puyat Avenue,1200 Makati City, PhilippinesTel: (632) 896-9212/ 897-6682 ext. 327-28 Fax: (632) 8972781Email: FAgoncilloReyes@boi.gov.ph Website: www.boi.gov.ph