Philippine market is becoming more and more attractive for foreign investors – including Polish companies. Numerous facilities and incentives are available for anyone willing to enter Philippine market with their products as well as for investors who are willing to provide technologies and services for development projects in the Philippines in pivotal sectors, such as chemical, machinery and transport, equipment, iron and steel, textile, agricultural and food.
Export figures from Poland to Philippines are fairly modest, but the EU is the Philippines’ largest investment partner and fourth-largest trading partner, accounting for 30% of total FDI stock and 11% of its total trade in goods. Last year, EU exports to the Philippines rose to €5.7 billion and imports were totaled €5.1 billion. The economy of Philippines grew at 7,2% rate in 2013 and the country is nowadays perceived as one of the most dynamically developing economies worldwide.
In order to stimulate the trade and to provide the necessary assistance to foreign companies, a special platform called EU-Philippines Business Network was set up in 2014. At the following link - http://www.epbn.ph/eu-asean-business-update/downloads.html - you will find additional information on the Philippine market, where you can learn about bilateral relations between Philippines and EU, facilities and incentives available to foreign investors, and prospective sectors of the Philippine economy.
We would like to encourage you to check the investment and export possibilities of Philippines. The contact person in the EPBN is Ms. Linda Tománková: .