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Growing In The Mainstrea Of Industrial Advancement In The Asia Pacific Region

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ns strategic Iocauon In the Asia-Pacific b? ~~~,1sa~~g~~re~alrte~h~!r~~~:g!~::Jb~n:ei~;~H~~t~~~d~g: region provides foreign Investors an

economy moving

at

a rapid pace.

avenue

6~I~hu~~~~~~

emerge as the premier gateway.

g~t~ls~IiYi~tua{ees~~h~d~~~~~~}~~: ~Srrgs~I~~h~enl

Investment

of oppcnunntes endeavors.

for global

13

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to

Paving the way for foreign Invesrment undertakings set in. the Philippinc government recently Initiated PKO]ECr CALAUAKZON.

PIWJE<..T CALAHARZON aim •• to create a monumem.u investment sue for ICclulOlogl(.tII)'-.tuv.tllceli .rgroindustrial projects that are expected to generate slgnlnc.U1t returns for the investors and the 10('011 economy. PROJECT CAIABi\RZON IS the anonym for the provinces of CAVITl:. LAGUNA, HA'i'ANGAS. IUl.i\I. and QUEZON. all of which arc located In the souuicm part of Luzon, Thriving In tl1(~sl' provinces arc dlvers!t1ed ngro-rndustrtnl businesses from tm,\lc consumer goods to a stzeable proctcrucn of component base cxnon-ortcruod handmade crafts. nOlwlthl>l.tncllng the existing foreign licensees of premium food prore;,)or~ and petroleum plants and rcffncrtcs which have been rontr-lbutory 10 tnc region's growth •• all because of the I'cglon'~ srrntcgu znne .- gifted with the rare combtnauon of the lane! . sea geographic setting, LAND AREA MAJOR ISLANDS CAPITAL CITY CLJr-IATE POI'ULAT1QN llTEMCY RATE GNP per Eaplta LANGUAGES KWGION POLITICAL STRUCTURE 300,000 sq. km. comprised or 7,200 Islands LU7.on, vtsayas. and MIndanao Tropical 71,538, 59J tas cr 19%) 901 'it SI,130 Filipino, English predcmlnantly camcnc PTtSldentIOlIS)'Slem Thus, the colossal estate Is comprised maximum producuon efnclcn('y: • Generattndustrtnl oriented enterprises
W~E

of two vcncs

for

",,,",

MINDANAO

Zone IGIZ) zone

for domesur (SH'7)

loc..tll)·for

• Special rxpon proeesstng cxport-cneutcd cnterprtvev

- cxdustvc

Fil-Estate Industrial Park
ESTIMATED AIR TltAVELTIME mOM MANILA TO KEY CITIES
'Tokyo Singapore Osaka HonR~on~ 'ralpel S(,{)ul Kuala Lumpur Banil'kok Shanghnl Beijing London Frankfurt San Francisco -thrs. 10m ins.

the slzc or each InduSlriall()t will r.mge from J.OO{J to 10,000 cqm and will cater 10;10 exrenslve r.mgc of nonpolluting light to medium mdustnes from ctcctronrcs. garments. food proccsstng. leather prod uct ••UJ menu fabrication, toys and f!lfts, bcuscware. and other support industries.

SURVEY OF LABOR QUALITY, COST, AVAIlABILITY AND STABILITY
IndIa Aumalla Britain Phillpplnes Swltzerlam.l Vietnam Cblna 2.80 - 3.50 - 3.50 -3.55 - 3.70 43,76 -4.08 .4.22 SCore
&. EconomIc

ON SITE FACILITIES AND UTILITIES
• C..>n(..lclcreads • ComplC\I.! Elcnncal POWCI Suppl)' • Comprehensive 'reterommuntcanon 10 InlcCl1lleti water Supply System

Other prune developments to be c~lrlhllshC!d In a felY y('an lime IS a resldcnttul commuuuy, an mtcrnattunat scnool ilnd other recreauonat racmucs.

3hrs.lOmlm.
3hrs.30m[n$.

Ihr. snmtns.
2hrs. 3hn 4(lmln~. 3hr~. soeuns. 3hrs. IOmin~. 4hrs. 4hrs. 4Qmlm. 15hrs. Hhrs.40mln$. l4hrs. mmtns.

U.S.

Indonesia Japan Taiwan Thailand South Korea Siugapcrc Malaysia Hongkcng

·".28 - ·t-lO ,-1.4\ ·-1.41 '-1,58 - 4.b7 -4.77 - -I.g2

OFF SITE DEVELOPMENTS:
Major Commercial Centers • Major unrverstues and Colleges In nasmannas. cavae • Tourist Resorts 10 Premier golf courses • Hosnnnts, churches. and tr.llnlng centers • Prime restocnuat areas • Public transportation racruucs •

o • Best
SoUf('e'

5 - Worst

Score
Survey. Sept. 19<)6

--- •.. -

: ~~~i;5~~$a~~~r;:e~~~~~~~I~~~ ;~~'~~~~e~;~6~m • AdministratlV(! Complex with a Helipad and

necreauonat racrnucs • z-tnour Security System
• FlreStallon • Commercial cene-. to house support offices and services • Green ";lrks w uh ponds, and Tree-lured streets

Political

RiSk Consullaocy

• ronce sreuons

BENEFITS

/

ADVANTAGES

BUSINESS

IN THE
~

PHILIPPINES
~~~~\~~""

STRATEGIC

LOCATION

MANPOWER

RESOURCES

INFRASTRUCTURE DI::VELOPf-.1ENT

COMPl:TITIVE INCENTIVE PACKAGE

LIBERAL aUSINI:SS LAWS

;··~W •
I'RI::SENCE OF MNC's POLITICAl. STABILITY

-:P4"%f(~
LIFESTYLE

(/.1

GROWING

MARKETS

ATTRACTTVE RETURNS

CO~B¥:

U---n

48 kilometers via Circumferential Road 5 Foe local markets. and is bordered by the provinces of Rizal and Laguna on the east. the r'u-esuuc Industrial Park rises to be the country's most highly independent integrated Industrial park that will be able to cater even to the most meticulous industrialists here and abroad. Designed according to International standards. the Park is in dose proximity to major business centers: • 60 kilometers to the Makar! business center • 33 kilometers to Alabang Corporate City With such location advantages. and Situated as it Is. its 270-hectare spread of gently rolling terrain sprawls from Barangay Cabuco.South of Manila at the heart of Cavtte's mainstream Industria: progress. Right beside the Park is a residential recreational development. Trece Marttres City Onto neighboring Barangay Tanauan of Tanza. . the FJI-EStale lndustrtat Park will soon be recognized as another premier growth center. Cavue. the Ptl-Estare Industrial Park is conveniently located between two major International pons: • 58 kilometers to the Manila Port • 107 kilometers to the Bmangas Port For air cargo needs. It faces the coastline of Manila Bay on the Nort.hwesr. and the province of Barangas on the southeast. Industrialists will be happy to know that the Park is likewise very near a major airport: • 56 kilometers to the Nlnoy Aquino International Airport (NAIA) via South Expressway.

s "Marketing Organization of the Year" and "Developer of the Year" from the CIIAMBEROr: REALESTATE and BUILDERS ASSOCIATIONS.. PHILIPPINE ECONOMIC ZONE AUTHORITY (PEZA) Incentives uf". . In 1992. electricity. No.000 trees In Its resort project within the area. the company has engaged In planting 5. (CREUA) durIng Its first Pillar Awards.. processing Or production of exports.-.~. . pioneering new trends and Innovation In local real estate marketing and development. and spare parts for a period of capital equipment three years extendible for another three years .ai/IfSQuJ/nt'tKXh .h Mf'.~~~~~ct listed Exemption from custom duties) (advance payment of Zero percent duty on Imponed machinery.-BOTQtQ! r: I 04trluf f'ulpeeth'. To dale.t\ ~~JJ~iW~t7~1~~~0~~~e~oSI~' Export Development Act. communication racnrnes. EX. Under the staunch leadership of the enterprising triumvirate of Mr. Jid. tQll ("-. INC.\~ . AtlY..5% .Irrim PUlputil't Income Tax Holiday (lTH) for 4 years to a maximum of8 years Exemption from duties and taxes on imported capital equipment. "'.~e~r~~1~~~~I~~~~i~B81~~~a~. S)'strn. FILESTATEspearheaded a comprehensive environment management plan aimed to protect and enhance the pristine and ecological setup of Bcracay Island. '7~~~~ capilli] equipment Tax credit on Imported raw materials for a period of flve years Tax credn for increase in current year based on export revenues from 2. materials and supplies After lapse of !TH. '11: ~fl. 226 known as Omnibus Investment Code of 1987 thru the Investment Priorities Plan (11'1') prepared ~'~~I~'g~\ryOlpEl.•..t EtlH'ClnlnlHl nt rll. Noel Carine since Its inception In 1981. from prime residential estates. F1L-FSTATE emerged as a lOP league developer. ~~'~h~~: ~~~~~e~~d~reR.tlUlll PhOlo oillft Rnr"luallU TO"V17 "It" Reltninoltu 1000 a' lilt Hrltain"ltu L'/ltlTt..'ji'.i~ unless Tax credit on domestic Tax credit for taxes and duties on raw materials used in manufacture. However.-'" '> ".::' '~\" ::' ••.f. The FIL-ESTATEGROUP.968 trees In all its golf courses and residential projects across the country. a world-class commercint theme park.Workers shall be assured of right to security of tenure and humane working conditions and right to self-organtzanon. Non-Fiscal Incentives rl~~~~~~~~e~r~I~~n~r~2~ifg~1~eJ equipment Employment of foreign nationals credit of 25% of duties on local raw matertals. An adequate supply of potable water.s?[:\~ri.-- . Ferdinand Santos and Mr. The FIL-ESTATE INDUSTRIAL PARK in Cavtte Is another major endeavor synonymous to FIL-ESTATE's unparalleled standards of expertise and excellence.~.• Right to remit earnings on investment without Central Bank approval and pay for foreign obligations * Right to freedom from exproprlaLion and non-requisitton or investment • Protection of Labor . 1'" o!."~-. a mass transport system.TH " COMMITMENTTO !!XCE. Being a committed partner In ecological concerns. in • Additional deduction for training expenses (50% of Labor & Management ) • Permanent resident status for foreign investors and family • Incentives under BOT Law • Other incentives available under [he Omnibus Investment Code as may be determined by PEZA Board • • Protection of Investments Right to Repatriate the entire proceeds of investments .- /iIJS" ~~~I~R~ir~~t~~ ~~~ional / Local taxes. 5% {. ·~L··f:.~. iii ~ ~ ••••••• -' A. (MitT). .r . golf courses to luxurious resorts. spare parts.-'i'('.. Aklan. " As a top league developer.~ (For compnntes which enru at least 50% of ItS total revenues from export) PO t 853 -- Fiscal Incentives Income 'rax Holiday (lTH) of -I to 6 years Tax an" Duty-Free Importation of capital equipment and spare parts. FIL-ESTA'!'!! gained prestigious recognition a._ . FIL-ESTATEhas planted over 38. . Furthermore.t Rfllt"'llltr. equipment and spare parts until 199. and an Industrial estate development..'. elegant condominiums.h. '-L' .Q Nnll 1'Mn$f.t <If. Export Tax Impost. Robert John Sobrepenn. Exempuon from national and local taxes.. sewage management and treatment system will be eventually provided. firms [~(tniir~~~f[~~A~ci16~e~ J\J.LLENCE " remains to be the guiding corporate vision of one of the country's most formidable authorltlcs in real estate development.~~~~~rv~\~~J~1.LX rate on adjusted gross revenues Tax credit for import substitution exemption from wharfage Dues. sees Tax credit on domestic capital equipment Tax and Duty-Free importation of breeding stocks and genetic materials Additional deduction for lraln!n~ expenses (50% of tnbor & Management) Permanent resident status for foreign investors and members of the Family Employment of foreign nationals Exemption from SGS lnspectton Simplified import-export procedures ClIl'ilt I'trrpull. in lieu thereof.••••• ""~ =>. FIL-ESTATE master-planned a distinguished lineup of real estate ventures.aintlll1.. A. P"lir ell! Board of investments Investments of qualified foreign and local lnvesuuents ~1F.10% Tax i"~~~~~..rtllllll'hOlO oj The Mllltil"Sotllh"'rHHil.