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Philippine Economic Zone

Tags:

  • Sector
    • Agriculture
    • Manufacturing
    • Electronics
    • Information technology - software
    • Logistics/distribution centers
    • Medical technologies
    • Tourism
    • Information technology - telecommunications
  • Location type
    • National-Promotion-Agency

Philippine Economic Zone

The  Republic of the Philippines located in Southeast Asia, in the western Pacific Ocean. To its north across the Luzon Strait lies Taiwan and to the west across the South China Sea sits Vietnam. With an estimated population of about 94 million people, the Philippines is the world's 12th most populous country.

Some information regarding the country's productivity:

Labor Force

  • Filipino work force is among the best in the world
  • Literate, English-speaking, easy to train
  • Hardworking and friendly
  • In the IT Service Sector, Filipino workers are considered the new breed of world-class service professionals and are referred to as Global Knowledge Workers because they are intelligent and able to compete at the highest levels among the best in the world.

Business-Friendly Policies

  • 100% Foreign Ownership of Companies
  • Basic rights of Investors are guaranteed (right to remit profits and pay foreign obligations, right to repatriate investments)
  • Simplified investment procedures

Very Hospitable and Comfortable Second Home to Expatriates

  • Very friendly attitude of Filipino towards foreigners
  • Availability of quality primary and secondary education. Presence of International schools
  • Housing closest to meeting western standards at very reasonable rental rates
  • Best sporting and recreational facilities
  • Many world-class golf courses
  • World-class health care services

Activities Eligible for PEZA Registration and Incentives

  • Export Manufacturing
  • IT (Information Technology) Service Export
  • Tourism /Medical Tourism
  • Agro-industrial Export Manufacturing
  • Agro-industrial Bio-Fuel Manufacturing
  • Logistics and Warehousing Services
  • Economic Zone Development and Operation 

 

PEZA Economic Zones

  • World-class, environment friendly
  • Fully secured area perimeter
  • Adequate, clean and uninterrupted power supply
  • Adequate water supply
  • State-of-the-art telecommunications facilities
  • Ready-to-occupy standard factory buildings
  • Waste water treatment facilities
  • Presence of Banks, Fire Fighting Facilities, Sports Facilities

PEZA recognizes

  • Just-in-time deliveries
  • Reduction of cost

Fast turnaround especially for Electronics

96 hours or 4 days to complete the production cycle:

Day 1

  • Japanese or Asian company sends raw materials to the Philippines.
  • Raw materials arrive in the Philippines on the same day.
  • Cleared by Customs on the same day.
  • Received by the Economic Zone Company on the same day.

Day 2 - Day 3

  • Products are manufactured.

Day 4

  • Finished products brought to the Port.
  • Cleared by Customs on the same day.
  • Shipped to Japan or Asian country on the same day.
  • Arrive in Japan or Asian country on the same day.

*Many companies in the Electronics and Semi-conductors Sector are able to make a 2 or 3 days turn-around time

PEZA is a one-stop shop

  • Building and Occupancy Permits are issued by PEZA.
  • Import and Export Permits are issued by PEZA.
  • Special non-immigrant visa processed in PEZA.
  • Harmonized customs processes because of PEZA-Bureau of Customs Memorandum of Agreement.
  • Environment Clearance made easy because of PEZA-Department of Environment and National Resources Memorandum of Agreement.
  • Exemption from Local Government Business Permits for companies inside PEZA.
  • Registration requirements simplified, registration forms made simple, approval made easy.

PEZA is a non-stop shop

  • At the zones, PEZA provides 24 hours a day, 7 days a week of continuous service to locator companies.
    The Director General herself and other PEZA officials are on call 24 hours a day, 7 days a week.

Key locations promoted by Philippine Economic Zone

About us

Philippine Economic Zone Authority (PEZA)

Building Roxas Boulevard corner San Luis Street Pasay City, Metro Manila, Philippines.

PEZA - attached to the Department of Trade and Industry - is the Philippine government agency tasked to promote investments, extend assistance, register, grant incentives to and facilitate the business operations of investors in export-oriented manufacturing and service facilities inside selected areas throughout the country proclaimed by the President of the Philippines as PEZA Special Economic Zones.

Phone: + 63 2 551 3436
Visit our website