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Business Opportunities: Philippines Philippine Trade & Investment Center Philippine Trade & Investment Center Philippine Consulate General – Chicago Philippine Consulate General – Chicago 10 March 10 March 2010 2010 MBDA Global Business Forum

Business Opportunities: Philippines

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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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Page 1: Business Opportunities:  Philippines

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

Page 2: Business Opportunities:  Philippines
Page 3: Business Opportunities:  Philippines
Page 4: Business Opportunities:  Philippines

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)

Page 5: Business Opportunities:  Philippines

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

Page 6: Business Opportunities:  Philippines

Quality Human Resources

Affinity with the West

Natural Endowment

Strategic location in Asia

The Philippine Advantage

Page 7: Business Opportunities:  Philippines

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

Page 8: Business Opportunities:  Philippines
Page 9: Business Opportunities:  Philippines

• Regional Hub

• Access to ASEAN Market

• Asian key cities are within 4 hours by plane

Strategic Location

Page 10: Business Opportunities:  Philippines

Agriculture / Agribusiness & Fishery

Infrastructure

Engineered Products

Tourism / Health & wellness

IT Services / BPO

Philippine Business Agenda

Page 11: Business Opportunities:  Philippines

Philippine IT Services Business Processing

Contact Center

Software Development

Engineering & Architectural Design Services

Medical & Legal Transcription Computer Graphics & Animation Game Development

Page 12: Business Opportunities:  Philippines

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

Page 13: Business Opportunities:  Philippines

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

Page 14: Business Opportunities:  Philippines

Leadings Sectors for US Exports & InvestmentsLeadings Sectors for US Exports & Investments

Investment Opportunities

• Information & Communication Technology • Retailing• Franchising • Power

Page 15: Business Opportunities:  Philippines

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 :