PPHILIPPINEHILIPPINEEECONOMICCONOMIC

ZZONEONEAAUTHORITYUTHORITY

Acacia Hall, Philippine EmbassyBeijing, China

2:30 PM, February 20, 2014

Acacia Hall, Philippine EmbassyBeijing, China

2:30 PM, February 20, 2014

A presentation for the:

“OPPORTUNITIES FOR CHINESE INVESTORS IN PHILIPPINE

ECONOMIC ZONES”

PHILIPPINES: COMPLEMENTING CHINA’S “GOING OUT” STRATEGY

by

LILIA B. DE LIMAPEZA Director General and

Undersecretary, Department of Trade and Industry

An investment promotion and incentive granting agency attached to the Department of Trade and Industry.

Reinforce Government’s efforts to:

• Promote Investments• Create Employment• Generate Exports

Philippine Economic Zone Authority

TOTAL OF 300 ECONOMIC ZONES * as of 31 December 2013BAGUIO CITY ECONOMIC ZONE

JOHN HAY SPECIAL TOURISM ECONOMIC ZONESANCTUARY IT BUILDING

SM BAGUIO CYBERZONE BUILDING FORT ILOCANDIA TOURISM ECONOMIC ZONE

PANGASINAN INDUSTRIAL PARK IILUISITA INDUSTRIAL PARK

TECO SPECIAL ECONOMIC ZONETARLAC PROVINCIAL INFORMATION TECHNOLOGY PARK II

SM CITY PAMPANGA ROBINSONS LUISITA

CLARK TI SPECIAL ECONOMIC ZONEANGELES INDUSTRIAL PARK

PAMPANGA EXPORT PROCESSING ZONESTA. MARIA INDUSTRIAL PARK

SUPIMA ECIRCLE PHILIPPINE PACKING AGRICULTURAL EPZ

VICTORIA WAVEROBINSONS PLACE NOVALICHES

DILIMAN IT BUILDINGCONVERGYS IT BUILDING

HTMT CYBER PARKEDSA CENTRAL IT CENTER

SUN PLAZA EDSA CENTRAL IT CENTER 2

E-SQUARE INFORMATION TECHNOLOGY PARKTOTAL CORPORATE CENTER I

MCKINLEY HILL CYBER PARKMARKET! MARKET!

ST. LUKE’S MEDICAL CENTER GLOBAL CITY MULTINATIONAL BANCORPORATION

PEOPLESUPPORT CENTER IT BUILDINGNORTHGATE CYBERZONE

METROPOLIS STARMACROASIA ECOZONE

ASAHI SPECIAL ECONOMIC ZONEEUGENIO LOPEZ JR. COMMUNICATION CENTER

GLOBAL TRADE CENTEREASTWOOD CITY CYBERPARK

SMNE IT CENTEREXPORTBANK PLAZA BUILDING

THE ENTERPRISE CENTERRCBC PLAZA

BURGUNDY CORPORATE TOWERLIBRAN HOUSE IT CENTER

MJ PLAZA MANILA HARBOUR CENTER

NEWPORT CITY CYBERTOURISM ZONESM ICITY

SM ICITY 2 SM CYBERZONE 1

G.T. TOWER INTERNATIONALTHE PASEO CENTER IT BUILDING

AMKOR TECHNOLOGYPACIFIC INFORMATION TECHNOLOGY CENTER

JGC PHILIPPINES BUILDINGSDC IT BUILDING

ASIAN STAR BUILDINGTHE PARAGON CORPORATE CENTRE

ROBINSONS CYBERPARKROBINSONS-EQUITABLE TOWER

PBCOM TOWERANSON’S CENTER

SUMMIT ONE OFFICE TOWERPHILAMLIFE I.T. BUILDING

6750 AYALA AVE. BLDG.6780 AYALA

6788 AYALA AVE. BLDG.JG SUMMIT CENTER

DELA ROSA E-SERVICES BUILDINGSM MAKATI CYBERZONE BUILDING

SM MAKATI CYBER ZONE 2 BUILDINGGLORIETTA 5

UNIONBANK PLAZABPI BUENDIA CENTERALLEGRO IT CENTER

EAST CYBER GATEWORLDWIDE CORPORATE CENTER

GATEWAY OFFICE TOWERCYBER PARK BUILDING ONE

PACIFIC STAR BUILDINGPHILAMLIFE IT TOWER

NISCOM IT BUILDING INSULAR LIFE BUILDING

INSULAR LIFE CORPORATE CENTER

CAVITE ECONOMIC ZONELAGUNA INT’L. INDUSTRIAL PARKLIGHT INDUSTRY & SCIENCE PARK ILIGHT INDUSTRY & SCIENCE PARK IILIGHT INDUSTRY & SCIENCE PARK IIITABANGAO SPECIAL ECONOMIC ZONELAGUNA TECHNOPARK LAGUNA TECHNOPARK ANNEXFIRST CAVITE INDUSTRIAL ESTATEGATEWAY BUSINESS PARKKEPPEL PHILIPPINES MARINE SPECIAL ECONOMIC ZONEGREENFIELD AUTOMOTIVE PARKYTMI REALTY SPECIAL ECONOMIC ZONELIMA TECHNOLOGY CENTERCOCOCHEM AGRO INDUSTRIAL PARKPEOPLE’S TECHNOLOGY COMPLEXSAN LAZARO TOURISM AND BUSINESS PARKGOLDEN MILE BUSINESS PARKFIRST PHILIPPINE INDUSTRIAL PARKTIGERLAND AGRO-INDUSTRIAL ECONOMIC ZONECARMELRAY INDUSTRIAL PARKCARMELRAY INDUSTRIAL PARK IICALAMBA PREMIERE INTERNATIONAL PARKTOYOTA STA. ROSA SEZAG&P SPECIAL ECONOMIC ZONE DAIICHI INDUSTRIAL PARKALLEGIS IT PARK FILINVEST TECHNOLOGY PARK - CALAMBAEASTBAY ARTS, RECREATIONAL AND TOURISMSM CITY BACOOR LAKESIDE EVOZONEROBINSONS BIG R SUPERCENTERSTA. ROSA COMMERCIAL IT PARKROBINSONS PLACE STA. ROSA SAINT FRANCES CABRINI MEDICAL TOURISM PARKPHILTOWN TECHNOLOGY PARKROBINSONS PLACE LIPAPAMALICAN ISLAND TOURISM ECOZONECAMARINES SUR IT PARKBORACAY ECO-VILLAGE RESORT MACTAN ECONOMIC ZONEBIGFOOT IT PARKMACTAN ECONOMIC ZONE IISYNERGIS IT CENTER HDMF-WTCI IT TOWERCEBU IT TOWERMANGO SQUARECEBU SOUTH ROAD PROPERTIESARCENAS ESTATE IT BUILDINGA. D. GOTHONG IT CENTERJY SQUARE IT CENTERJY SQUARE IT CENTER III CEBU LIGHT INDUSTRIAL PARKLEXMARK PLAZA OAKRIDGE INFORMATION TECHNOLOGY CENTER PHIL. BXT CORP. TOURISM ECONOMIC ZONEPIONEER HOUSE CEBUWEST CEBU INDUSTRIAL PARKNEW CEBU TOWNSHIPMRI ECONOMIC ZONEHVG ARCADE IT PARKINNOVE IT PLAZAASIATOWN IT PARKFEDERATED IT PARKDAMOSA IT PARKROBINSONS CYBERGATE CENTERPUEBLO DE ORO IT PARKJASAAN MIS. ORIENTAL ECOZONEBUKIDNON AGRO-RESOURCES EXPORT ZONEDBP IT PLAZATHE BLOCK IT PARKONE SANPARQLOPUE'S EAST I. T. CENTER LUXUR PLAZA ITFORMATION CENTRE SMCI IT CENTER CIIF AGRO-INDUSTRIAL PARKRIO TUBA EXPORT PROCESSING ZONESARANGANI ECONOMIC DEVELOPMENT ZONESRC ALLAH VALLEY ECONOMIC DEVELOPMENT ZONESRC CALUMPANG ECONOMIC DEV’T. ZONEFIRST ORIENTAL BUSINESS & INDUSTRIAL PARKNCCC DAVAO IT CENTERLUISA AVENUE SQUARE IT CENTER NCCC DAVAO IT CENTERMANTICAO ECOZONE CORPORATION SEZ

MARVIN PLAZA BUILDINGDPC PLACE BUILDINGMSE CENTERTRAFALGAR PLAZAOCTAGON IT BUILDINGVITRO INTERNET DATA CENTER BUILDINGWYNSUM CORPORATE PLAZA IT BUILDING TRANSCOM CENTERORIENT SQUARE IT BUILDINGRIVERBANK CENTER ICT BLDG. IRIVERBANK CENTER ICT BLDG II BLUE WAVE MARIKINAUP SCIENCE & TECHNOLOGY PARK (South)UP SCIENCE & TECHNOLOGY PARK (North)

3OOD TERMINAL INC. SEZEMI SPECIAL ECOZONE

BATAAN ECONOMIC ZONESUBIC SHIPYARD

PLASTIC PROCESSING CENTER SEZHERMOSA ECOZONE

LEYTE IND’L. DEVELOPMENT ESTATEMEGACENTER IT BUILDING

LEYTE INFORMATION COMMUNICATION TECH. PARKJOSE PANGANIBAN SEZ

MISIBIS RESORTS AND ESTATESRAPU-RAPU ECOZONE

Manufacturing Economic ZonesInformation Technology Parks / CentersTourism Economic ZonesMedical Tourism Park /CenterAgro-Industrial

66197

182

17

* Legend:

MANILA

CEBU

66

197

18

2

17

Manufacturing

IT Parks (40) and IT Centers (157)

Tourism Ecozones

Medical Tourism Park / Center

Agro-Industrial Parks

1995 – 2013 Economic Zone Investments : P 2.582 Trillion

449%

24%

144 % 61 % .6%

EPZA

PEZA

12.7 B9.6 B

‘86 -’931994

52.5 B65.3 B

159.7 B96.9 B

155.7 B156.7 B

80.8 B38.7 B31.7 B50.5 B67.2 B83.7 B

133.7 B154.8 B175.4 B204.4 B288.3 B311.9 B276.1 B

1995199619971998199920002001200220032004200520062007200820092010201120122013

ECONOMIC ZONE INVESTMENTS

89

320

280

240

200

160

120

80

40

0

57 %

33 %

25 %

90 91 92 93 94 95 96 97 98 99 00 01 02 03 04 05 06

60 %

07

16 %

08

13 %

09 10

16.6 %

11

41.1 %

12

8.19 %

LOCATOR INVESTMENTS BY NATIONALITY( 1995 – 2013 )

22.22 % Filipino

16.44 % American

7.50 % British

10.03 % Dutch

3.13 % Singaporean 1.38 % German

4.12 % Others

3.51 % Korean

1.02 % Swiss

30.65 % Japanese

LOCATOR INVESTMENTS BY PRODUCT SECTOR( 1995 – 2013 )

Tourism

Transport (Shipbuilding, Car Parts, Equipment)

Electrical Machineryand Apparatus

Medical, Precision andOptical Instruments

Information Technology Services

Rubber and Plastic Products

Other Manufactures

5.93 %

4.59 %

2.46 %

8.79 %

1.37 %

17.95 %

Metals/Fabricated Metal Products

Medical Tourism1.42 %

9.49 %

9.60 %

38.41 %Electronics /

Semiconductors

TOTAL PHILIPPINE COMMODITY EXPORTS( Billion U.S. Dollars )

40

60

30

50

20

10

0

2.7

10.7

20%

80%

13.5

1994

6.5

14.0

32%

68%

20.5

1996

10.6

14.6

42%

58%

25.2

1997

13.3

16.2

45%

55%

29.5

1998

15.8

19.2

45%

55%

35.0

1999

20.0

18.1

53%

47%

38.1

2000

19.5

12.7

61%

39%

32.2

2001

22.7

12.5

65%

35%

35.2

2002

27.2

9.0

75%

25%

36.2

2003

30.7

9.0

77%

23%

39.7

2004

31.6

9.6

77%

23%

41.3

2005

35.1

12.3

74%

26%

47.4

2006

39.0

11.5

77%

23%

50.5

2007

38.0

11.1

77%

23%

49.1

2008

4.3

13.2

1995

25%

75%

17.4

28.9

9.5

75%

25%

38.4

2009

15.4

70%

30%

51.5

2010

11.7

76%

24%

48.0

2011

36.1 36.3

Economic Zone Exports

Others

18.1

65%

35%

52.0

2012

33.9

18.6

53.9

2013

35.3

65%

35%

WHY INVEST INTHE PHILIPPINES

Literate, English – speaking, easy to train,hardworking and very friendly

FILIPINO WORKERSAmong the Best in the World

THE COUNTRY’S COMPETITIVE EDGE

In the IT Service Sector

Filipino Workers are considered the new breed of

world-class service professionals andare referred to as

Global Knowledge Workers because they are intelligent

and able to compete at the highest levels

among the best in the world.

• 100% Foreign Ownership of Companies;

• Basic rights of Investors are guaranteed (right to remit profits and pay foreign obligations, right to repatriate investments)

• Simplified investments procedures

BUSINESS-FRIENDLY POLICIES

STRATEGIC LOCATIONSTRATEGIC LOCATION

Russia

EUROPE United Statesof America

SouthAmerica

Pacific Ocean

Atlantic Ocean

Australia

JapanKoreaChina

IndiaAfrica

Taiwan

Hong Kong Philippines

ThailandMalaysiaSingapore

Indonesia

Germany

France

UnitedKingdom

Canada

MiddleEast

New Zealand

VERY HOSPITABLE and COMFORTABLESECOND HOME to EXPATRIATES

• Very friendly attitude of Filipinos towards foreigners

• Availability of quality primary and secondary education

Presence of International Schools

• Housing closest to meeting western standards at very

reasonable rental rates

• Best sporting and recreational facilities

Many world-class golf courses.

• World class health care services

(Result of a survey conducted on expatriates in Asia)

WHY INVEST INPEZA ECONOMIC ZONES

A. FISCAL INCENTIVES

B. NON-FISCAL INCENTIVES

• Income Tax Holiday (ITH) or Exemption from Corporate Income Tax for four years, extendable to a maximum of eight years;

• After the ITH period, payment of the special 5% Tax on Gross Income, in lieu of all national and local taxes;

• Exemption from duties and taxes on imported capital equipment, spare parts, supplies, and raw materials;

• Domestic sales allowance of up to 30% of total sales;

• Zero Value-Added Tax (VAT) Rate on local purchases to include telecommunications, power, and water bills;

• Exemption from payment of local government taxes and fees.

FISCAL INCENTIVES for EXPORT COMPANIES

• Employment of foreign nationals;

• Special visa for foreign investors and immediate family members;

• Unequalled service by PEZA.

NON-FISCAL INCENTIVES for EXPORT COMPANIES

PEZA IS A

ONE-STOP SHOP• Building and Occupancy Permits are issued by PEZA.

• Import and Export Permits are issued by PEZA.

• Automated and web-based Import & Export Procedures and e-

Payment System (Paperless Transactions).

• Special multiple-entry non-immigrant visa processed in PEZA.

• Environment Clearance processed thru PEZA.

• Exemption from Local Government Permits and Fees.• Registration requirements simplified, registration forms

downloadable from website and uncomplicated, approval made easy.

• At the zones, PEZA provides 24 hours a day, 7 days a week of continuous service to locator companies.

• The Director General herself and other PEZA officials are on call 24 hours a day, 7 days a week.

PEZA IS A

“NON-STOP SHOP”

•NO RED TAPE•ONLY RED CARPET

TREATMENT

In PEZA,

In PEZA, there is

NO GRAFTNO

CORRUPTION

ISO 9001:2008PEZA’s Quality

Management System is certified ISO 9001:2008.

PEZA is certified ISO 9001:2008 for all its

processes, at all levels, in all sites, nationwide.

ONLY PEZA CITED FOR BEST PRACTICE AMONG ECONOMIC ZONES WORLDWIDE “Under PEZA, the Philippines has shown dramatic

improvements in Investment Climate.

End Result – PEZA is a shining example of successful regulatory reform improving overall investment climate in the country”

Study of Gohan Akinci Foreign Investment Advisory Services (FIAS), International Finance Corporation of the World Bank (IFC-WB)

We now have a Reformist Government that is open for business.

President Aquino’sPolicy Thrusts:

1. Good Governance2. Level Playing Field3. Transparency4. No Corruption

Philippines’ Competitive Advantage on Business

Environment in Comparison to other Asian Countries

January 2012

Japan External Trade Organization (JETRO) Manila

1. Moderate Cost

1.1 Problems of Increasing Financial Costs(%)

0 10 20 30 40 50 60 70

Malaysia

Thailand

India

Vietnam

Philippines

Indonesia

61.5

56.7

54.6

53.6

51.9

46.7

1.2 Problems in Shortage of Land/Offices,Rising Land Prices/Rental

(%)

1.3 Problems in Skyrocketing Payroll Costs(%)

2. Sufficient Labor Supply

2.1 Difficulty in Recruiting General Staff(%)

0 5 10 15 20 25 30 35

Malaysia

Thailand

India

Vietnam

Philippines

Indonesia

36.7

31.2

31.1

4.4

4.2

3.2

40

2.3 Low Rate of Worker’s Employment Retention

(%)

0 10 20 30 40 50

Malaysia

Thailand

India

Vietnam

Philippines

48.7

42.5

41.6

33.6

30.6

2.4 Problems of Worker’s Competency(%)

0 10 20 30 40 50 60

Malaysia

Thailand

India

Vietnam

Philippines

Indonesia

48.7

45.8

44.7

42.2

40.9

37.9

Myanmar 56.3

2008 2009 2010 2011

Philippines 5 4 8 2

Thailand 7 5 3 14

Vietnam 720 218 422 857

India 421 345 382 389

(Unit: Number)

SourcePhilippines: National Conciliation and Mediation BoardThailand: Department of Labour Protection and WelfareVietnam: Ministry of Labor, War Invalids & Social AffairsIndia: Ministry of Labour & Employment, Labour Bureau

2.2 Number of Strikes/Lockouts

Source: Survey Conducted by the US Chambers of Commerce in ASEANManila Bulletin, September 4, 2012

Philippines Most Popular Expansion Destination of American Companies in ASEAN

8 OUT OF THE WORLD’S TOP 20 CHIPMAKERSARE OPERATING IN THE PHILIPPINES

TIPI Philips Fairchild

Analog Sanyo On Semi Rohm

Source: SEIPI

TOP CHIPMAKERS

Samsung

TOP HDD PRODUCERS

FOUR OF THE LARGEST HDD PRODUCERS

IN THE WORLD ARE IN THE PHILIPPINES

Hitachi

Toshiba

Fujitsu NEC

Source: SEIPI

LEXMARK – produces 40 million printheads/year

AMKOR – manufactures IC packaging with 400 formats, from leadframe to BGA solutions

THE WORLD’S TOP ELECTRONICS FIRMS

Source: SEIPI

EPSON – one of the top 3 terminal printer production base of global Epson group, producing its 10 millionth printer

SUNPOWER – produces solar panels

CONTINENTAL – produces ABS, sensors

CEBU MITSUMI –manufactures computer peripherals and components such as CD-R, CD-RW, optical pick up

WITH HOMEGROWN SMS & EMS FIRMS

… and a cluster of homegrown ODMs time recorder, AVR, power supplies, alarm systems, electronic ballasts, testers, GPS tracking, automated toll collection, others

IMI Ionics PSI Fastech

Team

Source: SEIPI

Notes:SMS – Semiconductor Manufacturing ServicesEMS – Electronics Manufacturing ServicesODM – Original Design ManufacturingAVR – Automatic Voltage RegulatorGPS – Global Positioning System

TOP ECONOMIC ZONE INVESTORS

TI (Philippines), Inc. Electronics American/Dutch

Taganito HPal Nickel Corp. Basic Metals Japanese

Toshiba Information Electronics Japanese

Tiger Resort Tourism American/Japan

Travellers International Tourism Filipino

Sunpower Philippines Solar Cells American/Cayman

Ibiden Philippines Electronics Japanese

Coral Bay Nickel Corp. Basic Metals Japanese

Amkor Technology Electronics Singapore/US

NXP Semiconductors Electronics Dutch

Canon Business Machines Electronics Japanese

MCE Leisure Corporation Tourism British Virgin Isl.

TOP ECONOMIC ZONE INVESTORS

Hoya Glass Disk Electronics Japanese

Epson Precision Electronics Japanese

PASAR Basic Metals Filipino

Rohm Electronics Electronics Singapore/Jap

Samsung Electro-Mech Electronics Korean

HGST Philippines Electronics Dutch/Japanese

Toyota Autoparts Automotive Japanese

St. Luke’s Medical Center Medical Tourism Filipino

Tsuneishi Heavy Ind Shipbuilding Japanese

STMicroelectronics, Inc. Electronics Swiss

Integrated Micro Electronics British

Panasonic Precision Electronics Dutch/Japanese

TOP ECONOMIC ZONE INVESTORS

Convergys IT American

Sureste Properties Tourism Filipino

American Power Electrical Mach American

Taiyo Yuden Electronics Japanese

Lufthansa Technik Air Transport German

Pilipinas Kao, Inc. Chemical Products Japanese

Terumo Phil Medical Instrm’t Japanese

Nidec Philippines Electronics Japanese

TDK Philippines Electronics Japanese

Analog Devices Electronics American/Dutch

Green Future Innovation Agro-Industrial Filipino

Accenture IT Dutch

TOP ECONOMIC ZONE INVESTORS

JP Morgan Chase Bank IT American

On Semiconductor Electronics American

Continental Temic Electronics German

Schweitzer-Mauduit RTL Tobacco Products American

Brother Industries Office Equipment Japanese

House Technology Plastic Products

Singapore/Jap

Funai Electric Cebu Office Equipment Japanese

Stream International IT

American/Dutch

Teletech IT American

Smart Electronics Electronics Korean

PV Tech Electrical Mach Singapore/Jap

Cypress Electronics American

PEZA

75 Chinese

Locator Enterprises are operating in

PEZA Economic Zones

Number of PEZA-Registered Enterpriseswith Chinese Equity by Sector

INDUSTRY SECTOR NO. OF ENTERPRISES

MANUFACTURING 48   Electronics / Semiconductor 5  Electrical Machinery and Apparatus, N.E.C. 2

  Medical, Precision and Optical Instruments, Watches and Clocks 1

  Radio, Television and Communication Equipment and Apparatus 2

       Tobacco and Tobacco Products 2  Garments and Textiles 5  Wood, Wood Products & Cork 1  Chemicals and Chemical Products 1  Rubber and Plastic Products 8  Basic Metals 2  Fabricated Metal Products 13  Machinery and Equipment, N.E.C. 3  Furniture 1  Recycling 5  Manufacturing, N.E.C. 2 

INFORMATION TECHNOLOGY SERVICES 12 

  Call Centers 4  Software Development 2

  Data Encoding, Transcribing and Related Services 1

  Business Process Outsourcing 4  Other IT-enabled Services 1 

REAL ESTATE, RENTING AND BUSINESS ACTIVITIES 9

HOTELS AND RESTAURANTS 1

TRANSPORT, STORAGE AND COMMUNICATIONS 5

T O T A L 75

CHINESE ELECTRONICS AND SEMICON COMPANIES

Newly Ever Rise Electronics – Philippine BranchJTK Electronic Components Philippines IncorporatedA.L. E-Component Int’l., Inc.Nakayama Seimitsu Manufacturing Inc.Aruze Philippines Manufacturing, Inc.

CHINESE FABRICATED METALS COMPANIESFamous Secret Precision Machining, Inc.Techno Moldplas (Phils.), Inc.Boamax Philippines Technologies, Inc.Chin-Ching Metal Works Manufacturing CorporationSteelwell Industrial Hardware (Phil.) CorporationMeltedc Philippines CorporationNortheast Precision, IncorporatedMD Aerospace Fabrication Services IncorporatedL N Resource Corp.San Mind Philippines, Inc.

CHINESE RUBBER AND PLASTIC PRODUCTS COMPANIES

Choei Plastic World Philippines Inc.Iship Logipack IncorporatedArtpack Philippines, Inc.YJC International CorporationZhiyuexian Precise Plastics, Inc.Nano Smart Material Philippines, Inc.OB Kogyo (Philippines) Inc.Peace and Young (PY) Plastic Hardware

CHINESE GARMENTS AND TEXTILE COMPANIES

First Glory Philippines, Inc.Hideka Manufacturing CorporationModern Times Printing Int’l., Inc.HRDI IncorporatedProvidence Apparel International Manufacturing Corp.

CHINESE MACHINERY AND EQUIPMENT COMPANIES

Info Bright Philippines, Inc.J.I.T Injection Machinery Philippines CorpPhase Design, Inc.

CHINESE OTHER MANUFACTURING COMPANIESSawo, Inc.Manila Welcome Industrial Corporation

CHINESE TOBACCO PRODUCTS COMPANIESBayabas Tobacco Corp.Li Yuan Ventures Mfg Corp

CHINESE CHEMICAL PRODUCT COMPANYMinmet Materials Co., Limited

CHINESE BASIC METALS COMPANIES

Century Hua Guang Smelting IncorporatedOmon Group Inc.

CHINESE RECYCLING COMPANIESRenewable Products Group, Inc.Langcheng Technology Philippines, Inc.Stone Technology Phils., Inc.Uni-infotech Phils., Inc.Manstate Wireless Inc.

CHINESE WOOD PRODUCT COMPANYMactan Wood Carving & Gilding Corporation

CHINESE FURNITURE COMPANYFinlay Cabinetry Inc.

CHINESE I.T. COMPANIES – CALL CENTER

Oneworld Connections Inc.Eveb CorporationSimpro Solutions Philippines, Inc.Impera Global Tech Inc.

CHINESE I.T. COMPANIES – SOFTWARE DEVELOPMENTOneglobal Services, Inc

Betica Technology Solutions Inc.

CHINESE I.T. COMPANIES OTHER BPOLuen Thai Macao Commercial Offshore Company Limited – Phil BranchGolden Mango International Technology Co., Inc.Infinit-O-Legazpi Inc.Desired Ranking Solutions, Inc.ECU International Far East Limited – Philippine BranchBeijing Adam International Philippine Branch

CHINESE REAL ESTATE COMPANIESShen Long Property Management Inc.Premer Star Land CorporationAjul Ecozone Properties Corp.Evergreen Park Development CorporationCebu ATG Realty Development CorporationDimplex Development CorpIraj Realty & Development CorporationAbsco Int’l CorporationWealthbuilt Development Corporation

CHINESE LOGISTICS COMPANIESChoei Plastic World Philippines, Inc.YJC International CorporationOmon Group Inc. – Warehousing DivisionFamous Secret Precision Technology & Services Inc.PH J&M International Cp., Ltd., Inc.

CHINESE TOURISM COMPANYVauban Holdings, Inc.

AWAITINGAWAITINGYOURYOUR

INVESTMENTS !

INVESTMENTS !