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Home Investing in the Philippines

Investing
in the
Philippines

the ph economy at a glance

Overview of the PH Market

Investing in the Philippines offers a strategic gateway to a world of opportunities. The Philippine economy, recognized as one of the fastest-growing in the region, combines a rapidly expanding economy with a skilled, English-proficient workforce, making it a prime destination for foreign businesses. Its youthful population brings a wealth of talent and creativity, ready to drive your business forward. The government actively supports foreign investments with incentives, tax advantages, and pro-business policies, streamlining operations and simplifying processes.

A CASE FOR PH INVESTMENTS

The Philippines:
A stable all-rounder

Over the years, the Philippines has demonstrated remarkable resilience, with its GDP growth rate poised to reach a stable 6.0%. This impressive outlook shines a spotlight on the wealth of investment opportunities awaiting those who act promptly. By taking early steps in the business landscape, you can position yourself to not only weather challenges but also excel and flourish in this thriving environment.

Countries
Philippines
Indonesia
Vietnam
Thailand
Malaysia

GDP Per Capita in USD

2023
3,725.60
4,940.50
4,346.80
7,171.80
11,648.67

GDP Growth Rate

2023
5.5%
5.0%
5.1%
1.9%
3.6%

GDP Growth Rate Forecast

2024
6.0%
5.0%
6.0%
2.3%
4.5%

Foreign Direct Investment

in USD millions (2023)
6,209.70
21,627.67
18,500
4,547.81
8,652.70

Source: World Bank Organization, Asian Development Bank, Deloitte, ASEAN Briefing, Philippine Statistics Authority, Centre for Strategic and Policy Studies (CSPS), Economist Intelligence Unit, Education First, Presidential Communications Office, World Population Review, JLL Property Market Report, PricewaterhouseCoopers (PwC) International Monetary Fund, United Nations Conference on Trade and Development, PRIME Philippines Research & Advisory 2021

why invest in the philippines

A top-notch labor force

The Philippines offers international investors a young, skilled, and English-speaking workforce, adaptable to global standards. At Aboitiz InfraCapital, we drive economic growth by developing Economic Estates that meet the increasing demand for industrial and commercial spaces, positioning the country as an ideal investment destination.

Discover more about the Philippines
20th

English Proficiency Index

50.07M

Labor force size in 2024

23.5

Median age

More reasons to invest

Investment Incentives

The Philippines offers fair and competitive taxation rates comparable to those in the region. With up to 100% foreign ownership*, frequent tax holidays, and attractive tax rates, businesses have strong potential for profitability.

Countries
Philippines
Indonesia
Vietnam
Thailand
Malaysia

Corporate Income Tax

(CIT)
25%
22%
20%
20%
24%

Income Tax Holiday

(ITH)
4-7 years
5-20 years
2-4 years
3-8 years
10 years

Foreign Ownership

40-100%
100%
100%
49-100%
50-100%

Note:
*40% foreign ownership restriction applied for public utilities in Electricity distribution, Electricity transmission, seaports, water distribution and sewerage, and Public Utility Vehicles.

Source: World Bank Organization, Asian Development Bank, Deloitte, ASEAN Briefing, Philippine Statistics Authority, Centre for Strategic and Policy Studies (CSPS), Economist Intelligence Unit, Education First, Presidential Communications Office, World Population Review, JLL Property Market Report, PricewaterhouseCoopers (PwC) International Monetary Fund, United Nations Conference on Trade and Development, PRIME Philippines Research & Advisory 2021

Infrastructure Support

Strong Foundations for Our Partners

Cost of Doing Business

Affordable and
competitive

The Philippines offers competitive rates compared to other countries in the SEA region regarding the overall average cost of setting up a business. This makes it a worthwhile place to consider setting up businesses in, especially due to all the continuous development.

Countries
Philippines
Indonesia
Vietnam
Thailand
Malaysia

Electricity

(KWH)
$0.20
$0.09
$0.07
$0.13
$0.05

Minimum Wage

/ month
$256
$311
$197
$242
$337

Average Industrial Land Price

/ sqm.
$108
$217
$104
$183
$225

Source: World Bank Organization, Asian Development Bank, Deloitte, ASEAN Briefing, Philippine Statistics Authority, Centre for Strategic and Policy Studies (CSPS), Economist Intelligence Unit, Education First, Presidential Communications Office, World Population Review, JLL Property Market Report, PricewaterhouseCoopers (PwC) International Monetary Fund, United Nations Conference on Trade and Development, PRIME Philippines Research & Advisory 2021

Quality of Life in the Philippines

Lifestyle

From all the modern conveniences and entertainment options in the metropolitan cities to gorgeous natural attractions, the Philippines has it all. The beaches in particular rank among the most popular vacation destinations in the world.

Culture

Due to its status as a former colony, its proximity to the surrounding nations, and its spread-out geography, the Philippines offers a unique blend of international influences while keeping true to the Filipino trademark trait of hospitality.

Facilities

Modern technologies, internet access, and vast infrastructure developments are all easily accessible, especially within the major metropolitan areas. Additionally, new developments are always in progress, spreading these technologies to new locations.

Education

Mostly patterned after the educational system of the USA, the Philippines offers educational centers and universities that rank among the top 200 in the world. English usage is also prevalent, making most citizens functionally fluent in the language.

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