Geronimo Sta'Ana

1
Export Competitiveness And The Evolving Role of
FDI The Philippine Experience
Geronimo Sta.Ana Governor Board of
Investments Philippines
2
National Development Strategies

• Sustained Economic Development Through
• Globally Competitive Industries
• Poverty Alleviation Through Job Creation
• Provide Stable Investment Climate Through
• Liberalization and Deregulation

3
Changing Face of Philippine Exports
2000
1976
4
Export performance has been robust
EXPORT PERFORMANCE (US Billion)
5
RP sustained double digit export growth rates
East Asia Export Growth Rates
Indonesia
Malaysia
Philippines
Korea
Thailand
12.2
0.6
22.7
5.0
3.7
1997
16.9
1998
-10.5
-6.9
-2.8
-6.8
1.7
1999
15.4
8.6
18.7
7.5
20.1
19.8
2000
22.0
16.1
13.9
6

Business Friendly Policies

• Allows 100 foreign-equity participation
• Opening of sectors to foreign equity
• Market-oriented foreign exchange policies
• Privatization of government owned/controlled
  corporations
• Strengthening the capital markets and banking
  system
• Securing investors interests
• Enhancing competitiveness of industries

7
Commitment to Free Trade

• Compliance with WTO, APEC and AFTA agreements
• Reduced tariff rates on manufactured goods

8
Total Philippine Approved FDI(In US Billion)
9
Top Philippine Country Investors1997 2nd Qtr
2001(in US Billion)
0.49
0.48
0.57
0.73
3.43
0.74
0.95
1.30
3.18
1.90
1.95
10
Philippine FDI by Industry1997 2nd Qtr
2001(in US Billion)
0.26
0.27
0.22
0.02
0.28
0.39
0.02
1.4
1.5
8.68
2.6
11

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