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Business Opportunities: Philippines. MBDA Global Business Forum. Philippine Trade & Investment Center Philippine Consulate General – Chicago 10 March 2010. ASEAN Economic Community - PowerPoint PPT Presentation
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Business Opportunities:
Philippines
Philippine Trade & Investment CenterPhilippine Trade & Investment Center
Philippine Consulate General – ChicagoPhilippine Consulate General – Chicago
10 March 2010 10 March 2010
MBDA Global Business Forum
ASEAN Economic CommunityASEAN as a single market and production base by 2015
• Market of 583 million people
• Engaged with FTA negotiations (China, Japan, Korea, ANZ, India and EU)
• Dynamic growth (4.5% GDP growth in 2010)
• Global trade of $$ 1.3 trillion
• Hosts $153 B FDI from US (7% share)
The Philippines Deep historical and cultural ties
“Solidly pro-American”
Market of 90 million US is largest market and among top sources of FDI
Bilateral trade : $ 16 billion Electronics & components Machinery & components Auto parts & components Garments Wheat & soy
Quality Human Resources
Affinity with the West
Natural Endowment
Strategic location in Asia
The Philippine Advantage
Highly educated
English proficient
Strongly customer service oriented
Excellent in the practice of professions
Highly trainable and with fast learning curve Cost efficient
Adaptable to universal cultures
High level of commitment and loyalty
Available Quality Human ResourcesAvailable Quality Human Resources
• Regional Hub
• Access to ASEAN Market
• Asian key cities are within 4 hours by plane
Strategic Location
Agriculture / Agribusiness & Fishery
Infrastructure
Engineered Products
Tourism / Health & wellness
IT Services / BPO
Philippine Business Agenda
Philippine IT Services Business Processing
Contact Center
Software Development
Engineering & Architectural Design Services
Medical & Legal Transcription Computer Graphics & Animation Game Development
Leadings Sectors for US Exports & InvestmentsLeadings Sectors for US Exports & Investments
Best Prospects for Non-Agricultural Goods and Services • Information Technology with Focus on Hardware, Software, and Consulting Service• Telecommunications Equipment• Construction Equipment• Building Materials• Pharmaceuticals • Water Resource Equipment/Services• Medical Equipment• Food Processing and Packaging Equipment• Pollution Control Equipment/Services• Electric Power Systems
Leadings Sectors for US Exports & InvestmentsLeadings Sectors for US Exports & Investments
Best Prospects for Agricultural Products
• wine and beer • dairy products • fruits & vegetable (fresh/juices/canned)• breakfast cereals and pancake mixes • poultry meat • red meat products (fresh/chilled/frozen/prepared/preserved/processed)• snack foods • chocolate candies and confectionery• frozen french fries• sauces, dressings and condiments• pet foods
Leadings Sectors for US Exports & InvestmentsLeadings Sectors for US Exports & Investments
Investment Opportunities
• Information & Communication Technology • Retailing• Franchising • Power
Philippine Trade & Investment CenterPhilippine Consulate General
Chicago, IL USA 60602Tel: 312 345 9030
Email: [email protected] GLENN G. PEÑARANDASpecial Trade Representative
Your focal point for
doing business with the Philippines :