To advocate a sustainable export-led growth for Philippine exporters, PHILEXPORT is working alongside the Philippines government to introduce macro-plans to aid the growth of Small, Medium Enterprises (SMEs).
A brief write-up on each of the developmental plans is as follows:
AmBisyon Natin 2040 represents the collective long-term vision and aspirations of the Filipino people for themselves and for the country in the next 25 years. It describes the kind of life that people want to live, and how the country will be by 2040. As such, it is an anchor for development planning across at least four administrations.
AmBisyon Natin 2040 is a picture of the future, a set of life goals and goals for the country. It is different from a plan, which defines the strategies to achieve the goals. It is like a destination that answers the question “Where do we want to be?”. A plan describes the way to get to the destination; AmBisyon Natin 2040 is the vision that guides the future and is the anchor of the country’s plans.
AmBisyon Natin 2040 is the result of a long-term visioning process that began in 2015. More than 300 citizens participated in focus group discussions and close to 10,000 answered the national survey. Technical studies were prepared to identify strategic options for realizing the vision articulated by citizens. The exercise benefitted from the guidance of an Advisory Committee composed of government, private sector, academe, and civil society..
The Philippine Development Plan (PDP) 2017-2022 is the first medium-term plan anchored on this national longterm vision. It seeks to lay a stronger foundation for more inclusive growth, a high-trust and resilient society, and a globally competitive knowledge economy. These priorities were guided by my 0+10-Point Socio-Economic Agenda, the regional consultations conducted by the various planning committees, and the social development summits that culminated in the 2022 Agenda: Malasakit at Pagbabago.
The PDP 2017-2022 is our guide in policy formulation and implementation of development programs for the next six years. It is a result of a nationwide collaboration between the government, the private sector, and civil society. The input from each of these sectors was discussed extensively and considered in determining the appropriate strategies, policies, and interventions to address the needs of our country and the Filipino people.
The Micro, Small and Medium Enterprise (MSME) Development Plan 2017-2022 is the sectoral plan for the growth and advancement of the MSME sector. It was developed in consultation with various stakeholders from the private sector, academia, and government agencies. It is aligned with the Philippine government’s goal of boosting employment, business, and livelihood or “Trabaho, Negosyo, Kabuhayan” translating to “Malasakit”, “Pagbabago”, at “Patuloy na Pag-unlad” of the Philippine Development Plan (PDP) 2017-2022.
The key inputs to the Plan’s formulation were also taken from the Ten-Point Agenda for Development presented by President Rodrigo R. Duterte at his first State of the Nation Address on 25 July 2016. It was also developed in accordance with AmBisyon Natin 2040, the long-term mission and vision statement for Philippine development formulated by the National Economic and Development Authority (NEDA) in March 2016.
MSME Development Plan 2017-2022 continues where the previous Plans have left off, in the manner of its formulation, its intended modes of execution, and most importantly, in its intention to fully develop the sector’s capabilities and harness its potential for the good of the country.
After a sharp fall in 2009 instigated by the global financial crisis, Philippine exports have made a significant recovery in the past four years. With the threat of another global recession receding and demand in traditional markets increasing, there is optimism that the growth momentum could be carried forward. However, such optimism is guarded in light of concerns of possible economic slowdown in China and slower than expected recovery in the United States, compounded by domestic supply bottlenecks.
Like many others caught in the middle-income trap, exports would need more than a few years of sterling performance in order to have real impact. Economic growth stimulated by trade should be robust and sustained over an extended period to have a perceptible contribution in creating high quality jobs and reducing poverty. But the challenges of catapulting exports on a stable growth path remain formidable.
This document lays out a three-year plan of providing a business environment supportive of trade, growth and innovation that would enable domestic industries to establish their niches in regional and global markets, in turn, raising the status of the Philippines in the global value chain. a. Memorandum Circular 91 (MC 91) b. Memorandum Circular 27 (MC 27)
The IPP is a list of priority investment activities that may be given incentives. With the theme “Scaling Up and Dispersing Opportunities,” the 2017 IPP brings forth significant additions and changes, following the President’s zero + 10-point Socio Economic Agenda, the aspirations embodied in AmBisyonNatin 2040, and the Philippine Development Plan 2017-2022.
Broadly these changes include further emphasis on innovation-driven and job-generating businesses; inclusive business for agribusiness and tourism; broadened coverage of manufacturing; information technology (IT) and IT-enabled services for the domestic market and telecommunications services for new market players; environment and climate change-related projects; LGU-initiated PPP projects; drug rehabilitation centers; state-of-the-art engineering, procurement and construction (EPC) services; and the lifting of geographical restrictions for most agriculture and tourist accommodation facilities.
The IPP also helped as one of the basis in shaping the priority product and investment targets for the Philippine Trade and Investment Centre London – with efforts to be directed in the manufacturing, aerospace, electronics, IT-BPM, chemicals, design-driven, retail, agri-business and infrastructure sectors among others.
Formulated through a participative, analytical, and multi-sector process, the new IPP is expected to generate more investments to strengthen manufacturing resurgence and create more jobs as targeted in the PDP 2017-2022.
Upcoming Events
Import Documentation Seminar A seminar on Import and Export Procedures on Customs Common Bonded Warehouse (CCBW).
