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PROGRAMME COMPONENTS> ENVIRONMENTAL INVESTMENTS
INVESTMENT
OPPORTUNITIES
OPPORTUNITIES:
PHILIPPINES |Manila
Bay|
|Bataan|
Key policies
The Philippine government
encourages private sector participation in the development of infrastructure
and services in the country by:
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Allowing 100%
foreign ownership for industries/sectors located in the economic processing
zones;
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Providing incentive
packages to qualified enterprises in the economic zones and industrial
estates;
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Reducing corporate
income tax for companies located in economic zones/export zones;
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Giving incentives
ranging from income tax holidays, tax credits, deductions from taxable
income to non-fiscal incentives;
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Ensuring local
government and community commitments to environmental investments.
Manila Bay
Manila
Bay, a semi-enclosed estuary, is one of the best natural harbors in the
world. It has a coastline of 190 km and area of 1,800 sq. km. There are
about 23 million people living within the watershed of the bay. This area
is the premier international gateway to the country’s political, economic
and social center, and contributes around 55% of the country’s gross domestic
product.
The
natural environment of Manila Bay area is facing various impacts from
human activities, resulting in increasing expenditures for infrastructure,
rehabilitation as well as health and social services. To address these
concerns, the Manila Bay Environmental Management Project is currently
being implemented in the National Capital Region and the eight provinces
of Bataan, Bulacan, Cavite, Laguna, Pampanga, Rizal, Nueva Ecija and Tarlac.
Environmental
investment opportunities:
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Integrated Solid
Waste Management System: San Fernando, Pampanga
Total estimated cost:
US$ 2 million
Download
the
Investment Opportunity Brief
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Industrial Hazardous
Waste Management Center: Metro Manila and CALABARZON (Region IV-A, Southern Tagalog)
Total estimated cost:
US$ 60-70 million
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Malabon River Integrated
Development Project: City of Malabon, Metro Manila, including
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Embankment
and dredging
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Recreational
facilities and park development
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Ferry system
Total estimated cost:
US$ 20-25 million
Province of Bataan
The
Province of Bataan is a peninsula bounded by the South China Sea in the
west and Manila Bay in the east. It has a land area of 1,373 sq. km.,
and population of 558,000 persons. Strategically
located, Bataan is gearing up to be a prime business hub, transshipment
point and vacation spot. It hosts an economic zone, and a number of shipping
and petroleum-based industries. Pristine beaches, natural parks and historical
markers complement such development. To maintain the natural environment,
the provincial government and the private sector formed the Bataan Coastal
Care Foundation to support and implement the integrated coastal management
(ICM) project for the province.
Environmental
investment opportunities:
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Integrated Solid
Waste Management System: Province of Bataan
Total
estimated project cost:
US$ 8-10 million
Download
the
Investment Opportunity Brief
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Investments Network
Investment Opportunities:
China
| Indonesia
| Malaysia
| Philippines
| Vietnam
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