The Pros of Manufacturing in the Philippines

1. PHILIPPINES
THE PROS OF STARTING A MANUFACTURING INDUSTRY
ERAN INNOVATIONS LLP, INDIA
SUBMITTED TO:
KAPIL SHARMA
SUBMITTED BY:
RAJAT JAIN

2. POINTS COVERED
Growing
manufacturing
sector
Production
capabilities
Educated
workforce
Cheap
Electricity
Infrastructural
improvement
Visa
Permit
Export/
Transportation
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3. for businesses which includes all
components of the electricity bill such as
the cost of power, distribution and taxes.
$0.115
CHEAP ELECTRICITY
THE PRICE OF ELECTRICITY IS
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4. The Philippines has one of the fastest growing economies in Asia,
and a quarter of the Philippine GDP derives from manufacturing.
Significant manufacturing sectors in the Philippines include
“semiconductors, electronic components, refined petroleum
products, computer, peripheral equipment and accessories, and
processed food.”
The Philippines’ Socioeconomic Planning Secretary Ernesto M.
Pernia states that the Philippines’ manufacturing sector is
“performing very well. Increases in the purchases of capital and
durable goods contributed to the increase and further indicates
that there is business and consumer confidence in the domestic
economy.”
THE MANUFACTURING SECTOR IS GROWING, AS
IS THE COUNTRY’S ECONOMY
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5. President Rodrigo Duterte’s “Build, Build, Build” plan leaves the
country “looking to spend $180 billion to renovate and build
airports, railways, roads and ports over a six-year period.”
$7.6 BILLION
PLANS TO IMPROVE INFRASTRUCTURE
IN 2020, THE PHILIPPINES
ANNOUNCED INFRASTRUCTURE
RENOVATIONS WORTH

6. Metro Manila is known as the “financial, commercial, and
industrial center of the Philippines,” accounting for almost a third
of the country’s total GDP. Cebu City, the second-largest
metropolis, is also home to a prosperous manufacturing sector
that exports everything from furniture to housewares, gift items,
and fashion accessories. Many global brands, including Polo, Ann
Taylor, and Nike, are already manufacturing in the Philippines.
PRODUCTION CAPABILITIES AND
MANUFACTURING SECTORS
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7. NO VISA REQUIRED
FOR 30 DAYS
VISA PERMITS
TRAVEL FROM USA TO PHILLIPINES:
AND PRIOR TO IT, NON-IMMIGRANT VISA
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8. The Philippines was ranked 14th out of 88 countries in the 2018 EF
English Proficiency Index. According to the Board of Investors,
the Philippines literacy rate is 94 percent. On top of that, 70
percent of the population is fluent in English.
The data above shows that the Philippines labor force possesses
higher levels of education than other ASEAN countries. 21 percent
of the labor force is educated to the tertiary level and nearly six
out of ten of the country’s population has secondary education.
Additionally, “in the human capital study done by the World
Economic Forum, the Philippines scored well among ASEAN
countries in ease of finding skilled employees.”
EDUCATED WORKFORCE
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9. EXPORTING GOODS
AND SEA TRANSPORT IS THE CHEAPEST
MEDIUM OF TRANSPORT
PHILIPPINES, BEING ARCHIPELAGO,
HAS THE MOST CONVENIENT SEA
TRANSPORT.
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10. CONCLUSION
WITH A HIGHLY SKILLED AND EDUCATED WORKFORCE,
GROWING MANUFACTURING SECTOR, INFRASTRUCTURE
IMPROVEMENTS, CHEAP ELECTRICITY RATES, EASY VISA
AND EASY EXPORT TRANSPORTS, THE PHILIPPINES IS A
RELIABLE MANUFACTURING ALTERNATIVE.
RAJAT JAIN

11. THANK YOU !!
RAJAT JAIN