BUSINESS OPPORTUNITIES

The Philippine Advantage

The Philippines, with its strategic location, is a gateway to the huge Asian market. Its considerable attractions as an investment destination include:

• A pool of English-speaking people who are highly trainable. Their capabilities and merits as blue-collar workers, technicians, professionals and managers have been confirmed in postings with foreign firms operating in the Philippines and overseas.


• A large potential market for consumer goods on account of its fast-growing population. Its ASEAN affiliation provides further opportunities for access to the ASEAN Free Trade Area (AFTA).


• The foreign-investor friendly posture of government. It has manifested its commitment to create conditions that attract foreign investments. Liberalized policies and regulations on foreign investments continue to be put in place.


• A conducive location for Asia Pacific expansion programmers and production facilities, further supported by the governments’ grants of fiscal concessions.


• The opening of industries previously restricted like the telecommunications industry, transportation, banking, retail, trade, energy, post extractive petroleum processing, and distribution industry, for the participation of foreign investors.