The Philippine manufacturing sector is one of the fastest growing in the region. While other ASEAN countries experience decline in manufacturing, the Philippines shows a steady rate of growth. In 2016, it registered a 7.5% y-o-y increase. Manufacturing contributes 23% to the Philippines’ GDP and accounts for more than half of the country’s industrial sector.
The Philippines has the specific advantages of having a large young population with the median age of 23 years old, English-speaking population, high literacy rate, and investment grade rating. The Philippines also has the General System of Preferences (GSP) advantage, giving the country an edge in competing for the export markets of the EU and the United States where it enjoys preferential tariffs for its various products. The EU is currently also the largest investor in the Philippines accounting for 29% of all approved foreign investments.
The Philippines can benefit from the new advanced technologies from the initiatives in research, innovation and industrial developments in the manufacturing sectors from the EU that are driving the “Fourth Industrial Revolution” or Industry 4.0. Investments in these innovative technologies would increase productivity and competitiveness, and improve the high-tech skills of the industries’ workforce.
To encourage investments, the Philippines’ Board of Investments (BOI) is providing various fiscal and non-fiscal incentives in the preferred areas of economic activities specified in the government’s Investment Priorities Plan (IPP). The Philippine Economic Zone Authority (PEZA), on the other hand, has designated over 400 special economic zones located all over the country that provide special incentives to export oriented companies.
- Inform EU companies of the advantages and opportunities in setting up their manufacturing, assembly and services facilities in the Philippines,
- Outline the different investment incentives provided by the Philippine government for EU companies,
- Identify the locations and related business activities that are suitable and attractive for trade and investment by EU locators,
- Visit to key Special Economic Zones that are potential investment locations and sources of new business growth for EU companies,
- Meet and network with the relevant Philippine industry officials, stakeholders and potential partners.
Who should join the mission
- Manufacturers and assemblers of industrial products, both semi-finished or finished goods;
- Food and beverage manufacturers;
- Processors of agricultural, fishery and forestry products;
- Companies with innovative technologies for the modernization of industries;
- Creative Industries / Knowledge-Based Service companies: animation, software development, game development, health information management systems, engineering design, and IT-BPM services;
- Aircraft maintenance, repair and overhaul (MRO) services companies;
- Ship building, repair, servicing and breaking companies.
Participation Fee: EUR 2,200
Application & Registration
Application deadline: June 22, 2018.
To register and be considered for selection, EU companies shall:
Complete the online registration form by following the button below.
Submit to EPBN their company profile, including expectations on the Philippine market.
Pay the full amount of the participation fee of EUR 2,200 and send a
copy of the bank transfer to validate the registration by June 25, 2018.
EPBN cannot guarantee a specific number of B2B meetings.
In case of cancellation of participation, no refund will be issued.
It is understood that EU company delegates shall pay for their own
international flight tickets and all hotel accommodations in the Philippines.
EU Outreach Officer
+63 (0) 832 8122
+63 (0) 917 813 4080
Business Support Officer
+63 (0) 2 832 8122
+63 (0) 917 805 2133