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BOARD OF INVESTMENTS

ACCOMPLISHMENT REPORT JANUARY TO DECEMBER 2013

A. Investments Generation

· Total BOI-approved investments for the period January to December 2013 amounted to Php403.17 Billion, up by 12% from the Php360.35 Billion posted in the same period of 2012 (Table 1). These investment approvals were generated from 281 projects with projected new jobs of 37,885 at full operations. The increase in investments was attributed largely to the approval of such big power projects like GNPower Ltd. Co. (Php41.23 Billion), Pagbilao Energy Corporation (Php39.90 Billion), San Miguel Consolidated Power Corporation (Php25.84 Billion), FDC Misamis Power Corporation (Php31.94 Billion), SMC Consolidated Power Corporation (Php25.51 Billion), First Natgas Power Corp. (Php21.83 Billion), Minenergy Coal Corporation (Php14.55 Billion) and Petron Corporation (Php11.18 Billion), among others.

Table I Approved Investments

January to December 2013 vs. 2012

2013 2012 % Change Project Cost (PhP 403,169.134 360,348.065 11.88 Foreign (PhP) 104,930.742 74,064.778 41.67 Local (PhP) 298,238.392 286,283.237 4.18 No. of Projects 281 371 (24.26) Employment 37,885 45,184 (16.15)

· Investment commitments from domestic sources reached Php298.24 Billion or 74% of the total investment approvals during the year while the remaining 26% or Php104.93 Billion came from foreign sources.

· Electricity, Gas, Steam and Air Conditioning Supply Sector (e.g., power generating plants, renewable energy projects) recorded the largest share of investment commitments at Php268.24 Billion or 67%, followed by Transportation and Storage with Php67.66 Billion or 17% share, Real Estate Activities, specifically, the Mass Housing sub-sector with Php42.10 Billion or 10 share, Manufacturing sector with Php13.79 Billion or 3% share, and Accommodation and Food Service Activities composed primarily of hotels, resorts and other accommodation facilities with Php4.81 Billion or 1% share (Table II).

Table II

Top Sectors January – December 2013 vs. January – December 2012

January to December 2013 January to December 2012 % Change Sector Share Sector Share

Electricity, Gas, Steam and Air Conditioning Supply

268,239.501 Electricity, Gas, Steam and Air Conditioning Supply

158,032.790 69.74

Transportation and Storage 67,655.726 Transportation and

Storage 66,760.099 1.34

Real Estate Activities 42,101.988 Real Estate Activities 47,566.959 (11.49) Manufacturing 13,788.972 Manufacturing 15,792.184 (12.68) Accommodation & Food Service Facilities

4,806.018 Accommodation & Food Service Facilities

17,999.896 (73.30)

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· Topping the list of foreign country sources is the British Virgin Islands (BVI) with investments worth Php45.80 Billion or 44% Share to total foreign investments in 2013. Notable project from BVI is the approval of Energy City Philippines Holdings, Inc. (100% BVI) located in Bataan, with investments pledged worth Php45.65 Billion. United States came in second with investments amounting to Php41.76 Billion or 40% of the total investment approvals from foreign sources during the period. The bulk of these investments was generated from the approved project of GNPower Limited Co. with Php41.23 Billion (80% share), a 100% American-owned company, for the operation of its 2X150MW coal-fired power plant (GNPower Phase II project) in Mariveles, Bataan. Netherlands came in third with Php5.98 Billion (6% share), followed by South Korea (Php2.26 Billion or 2% share), and Australia (Php1.82 Billion or 2% share).

Table III

Top Country Source January – December 2013 vs. January – December 2012

2012 2013 % Change

British Virgin Islands 62.670 45,798.627 72,979.03 U.S.A. 301.014 41,759.534 13,772.95

Netherlands 46,910.636 5,981.586 (87.25) South Korea 197.806 2,259.953 1,042.51

Australia 35.837 1,817.066 4,970.36

The regional distribution of investments follow:

Table IV Regional Distribution of Investments

January – December 2013 vs. January – December 2012

January to December 2013 January to December 2012

Region Investments % Share (to

Total Investments)

Region Investments % Share (to

Total Investments)

3 130,841.200 32.45 4 123,123.171 34.17 4 89,130.117 22.11 3 64,956.521 18.03

10 54,543.692 13.53 7 46,807.406 12.99 11 42,387.859 10.51 NCR 42,902.908 11.91

NCR 36,843.878 9.14 6 31,934.270 8.86

B. Functional Groups

1. Industry Promotion Group Leads in the formulation and implementation of the Agency’s investment promotion strategy and spearheads the synchronization of investment promotion efforts both at the local and national levels to provide total investor solutions.

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1.1 International Marketing Department Designs and implements a strategic marketing program to reach international clients with huge potentials. Arranged 10 investment promotion activities for 5 outbound missions materialized, where preparatory works were completed for the Investment Promotion Seminar in Bangkok, Thailand, the Roundtable Meeting with Austrian Businessmen at the sidelines of U/ASC’s training on Manufacturing, and for 2013 CAEXPO/CABIS held in September. 3 preparatory works were done as assistance to the 2 presidential visits that were materialized: WEF East Asia-Myanmar, by devising status report on investments commitments during the WEF in Davos, updates on Pepsi Cola’s planned expansion and business briefs for the proposed meetings of the President. Meanwhile, 2 meetings were held in relation to the implementation of B2B and G2G where 3 investment leads were generated. For the inbound missions, 20 preparatory activities were facilitated for the 34 delegations composed of 374 companies, 70 organizations and 736 individuals. Prominent delegations were Thailand-Philippines Business Council Forum, CCPIT Delegation, Samsung C&T, Queen Bee Line of Australia, JR Cape Management Consulting, 888 Refining Australasia Pty Ltd., Syntel from India, Commonwealth Bank of Australia, Bartel Group Inc., SEK Solutions, Leighton Group, Virginia Beach Trade Mission, the OMA Study and Friendship Tour, Trade and Investments Delegation from Winnipeg, Canada and Panhua Group-Chine Business Delegation were assisted. Areas of interests are diverse ranging from processed food, gold and refinery, agriculture, construction to PPP, logistics (air and ocean freights), playground equipments, oleochemicals, diagnostic laboratory, shared service center, support mobile and game development and mobile applications. Further assistance through the conduct of 137 company visits was accomplished. Out of these investment missions, 145 new investment leads were generated and conducted 269 follow ups for updates. Saint-Gobain, Koochie-Play Systems, Solvay Group Inl., Panalpina are on due diligence stage while SEW is interested to partner with VistaLand for possible participation in PPP projects. The Department is positive of Kakao Corporation’s mobile apps and connectivity improvement projects while SRL, Inc. is exploring on diagnostic laboratories, and Integrated Development Associates Co., Ltd. on clinical trial projects. Other leads are in the sectors of construction, electronics, medical supplies, motorcycle manufacturing, and manufacture of marine equipment and boats, aerospace, agribusiness, BPO, among others. Meanwhile, the Department also followed up updates on the investment commitments made by companies during the presidential visit to Japan in 2011, specifically on the projects of Terumo Philippines Corp., the expansion project of Yokohama Tire Philippines, Inc., Toyota Motors/First Metro Investments Corp., and the MRT lines project of Marubeni Corp. IMD handles special projects like participation to investments fora/international events and bilateral cooperation with the international counterparts for the conduct of research, dispatch of experts, etc. In relation to these, IMD participated in 3 investments fora, 3 bilateral cooperation activities and in 6 others, formulated 1 country strategy paper, 44 new and updated 302 Investment Relations Papers. Likewise, 345 queries/requests for information and/or assistance from embassies, PTIC-Posts/private sectors/stakeholders and investors queries were acted and responded to. Also, referrals from internal stakeholders, OP, DTI-OSEC, Usec’s Office, and other government agencies totaling 211 were processed.

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The GMITS-related tasks entail preparation of 17 minutes and reports of the meetings. Networked with other government agencies 73 times and finished 562 ad-hoc and other assignments.

1.2 Domestic Marketing Department Organizes and makes necessary preparations for all types of inbound missions and promotion-related events as well as provides assistance to the Local Government Units (LGUs) for promotion/ generation of investments. Tasks relative to capacity building for investment promotions were initiated for the DAP Project proposal for Harmonizing CBT in LGUs, CBTs Training for LGUs by UPISI and DAP, Updating/Formulation of the LIIC, Batch 3 for Region 1 in Baguio City, 13 LGUs of Northern Negros Occidental, and preparation of Investment Fact Sheets. 82 Investments leads were identified through the GMITS. 3 companies are looking for business partners: Rohde & Schwarz, a German company manufacturing electronic equipment, N&A Intelli-Systems, a service provider for BPO companies in the non-voice sector, and VT Laguyo Construction and the rest were identified in the inventory of investments project gathered for the year 2012 through Investmart. Assessments were made on the list to further determine the readiness of the projects. In relation to the above, an investment briefing for the Meridian Capital HK was conducted in September. The delegation aimed to discuss business interests, explore investment opportunities and meet project proponents on the following projects: · Construction of a Barging System/service at the Freeport Area of Bataan; · Privatization of the Operation, Management and further development of the San Fernando Airport; · Development of the Information and Communications Technology Park inside the Poro Point

Freeport Zone; · John Hay Mini Hydro Power Project; · Clark Green City; · Rehabilitation, operation and maintenance of Angat Hydro-Electrict Power Auxiliary Turbines 4&5; · Enhanced operation and maintenance of the New Bohol (Panglao) Airport Development; · Modernization of the Philippine Orthopedic Center; · Mactan-Cebu International Airport Passenger Terminal Building; · Operation and Maintenance of the Laquindingan Airport; and · Operation and Maintenance of the Puerto Princesa Airport. Coordination with relevant agencies and assistance for the successful visit of Manama Municipal Council of Bahrain to explore best practices of select cities and to forge sister-city agreement were carried out. Assisted in the organization of 8 events which include DTI BPP Conference, Investmart: Organization of Events, 2012 BOI Investment Roadshows held in Palawan in February 2013, CITEM’s Manila Fame 2013, International Food Expo (IFEX 2013) and PSECE-SEIPI in June 2013. Activities towards organizing events for investment promotions were facilitated for Investmart: Organization of Events and APEC Investment Mart.

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For the special projects handled by the DMD, 19 tasks were accomplished for the period. For the Bio-diversity Partnership Project, financial reports were prepared and submitted, finalized the 2012 DTI-BOI BPP Annual Report submitted to the DENR-PAWB, BPP December 2012 Progress Report finalized, prepared the DTI-BOI BPP AWFP 2013, coordination with members of the Sub-working committee for inputs to the Concept of Biodiversity, coordination with the DTI and Regional Office of MMAROPA for the activity in Sablayan, among others. The PIPP held 6 meetings in pursuance to its mandate and as secretariat, DMD prepared and submitted minutes/reports. For the METI Global Internship Program, assistance was rendered during the Palawan Domestic Roadshow, coordinated meetings of MET-JETRO with BOI officials, crafted culmination reports of METI interns and wrapped up logistical requirements before departure. Other assistance was made to the CAEXPO/CABIS and Davao ICON projects. 30 meetings/seminars were attended by DMD, significant of these were the DOH Turnover of Chairmanship-NBW, 2014 budget formulation, Rubber Industry Roadmapping, Synchronization and Harmonization on the conduct of CBTs, IPE Asia Co., Ltd. DMD conducted 28 engagements with stakeholders: information to the organizers of the Asia-Pacific Regional Meeting of the World Trade Center’s Association of the BOI assistance in the joint venture matching component of the event; thank you letters to CAEXPO attendees of the Phil. Investment Seminar and for visiting the Philippine pavilion; message for the RBOI ARMM Convergence, presentation of DMD Work Plan for 2013 to PTIC Commercial officers; inputs on CBTs for LGUs for the ASEAN country report; consolidation of IPA’s inbound missions; attendance to the conference on Competition Policies as Instruments of Social and Economic Development by AIM Policy Center, among others.

2. Industry Development Group Tasked to develop priority industries and the preparation of the corresponding roadmaps and value propositions of specific sectors that do not have executive agencies taking the lead in their development and promotion. 2.1. Industrial Policy Department (IPD) Prepares the Investment Priorities Plan and in tandem with Legal Services Department, negotiates and

consolidates inputs/positions relating to bilateral/international investment agreements. In the formulation of the current Investment Priorities Plan and other sectoral-related activities, a total of

163 various activities were done for the report period. Meetings by the BOI-IPP TWG were held and processes for the formulation of the new IPP were carried out, from the drafting of the memo to the Board on the proposed carryover of the 2012 IPP to 2013 IPP, to the presentation to the inter-agency for comments, formulation of the general policies and specific guidelines, clearance from the Board for the public hearing, press releases and the attendant work related thereto.

For industry development, various meetings were held with Industry Champions to attain the objectives.

The Manufacturing Industry Revival was presented to the Inter-agency TWG and to the Labor Groups. Likewise, roadmaps for Manufacturing, Chemicals, Copper, Rubber and Plastics Industries were presented to the public and elicit comments on the same. Contact Reports and presentations of sectoral champions were compiled and transmitted to U/ASC.

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For the trade negotiating position formulation, a total of 172 tasks were accomplished. IPD met with agencies, organizations and stakeholders to promote industry development and positions were articulated on relevant agenda items. Attended meetings for the 59th/61st CCI in Brunei, 10th Meeting of the Sub-committee on ATIGA Rules of Origin also in Brunei, TWG on ATIGA Rules at BITR, Subcommittee on Trade and Tourism in BITR, prepared positions/inputs for the Liberalization of PSRs under the Australia New Zealand Trade Agreement, prepared concept note for the mapping of manufacturing companies in CALABARZON, Cub-cott, JCC-NAMA, APEC, TBAM, other TWGs, ASEAN, WTO, PH-EU, WTO Special Treatment on Rice, DFA Briefing on the ASEAN Fund, Protocol Amending ACIA, Joint US-ASEAN Investment Principle, ASEAN Economic Community (AEC) Blueprint deliverables, Positive Effects of PJEPA, among others.

Database is a critical tool in the discharge of tasks and functions and IDG proposed to create one for

IDG data relevant to CPIP; sectoral roadmaps; trade data; policies, rules and regulations, etc. For the report-period, 20 activities were done towards this goal. Met with STR Mariano to discuss IDG database requirements and possible use of cloud computing. The IPD conceptualized the database structure based on inputs requsted from IDG and other BOI units. Also, updates on the IRISS and investments approvals were encoded and weekly reports were submitted to the office of the IDG Executive Director.

The CPIP implementation entailed 3 tasks for the period, among them are crafted the monitoring sheet

that would be submitted by the Sectoral Champions every end of quarter, and acted on the request of PIDS for a no-cost extension for the submission of the final report on Industry Roadmaps Project.

For streamlining of registration processes, 157 accomplished tasks for the period ensured the timely

submission of requested information and reduced the time to issue certificates of registration to the registered companies. Significant of which were the following: request of Charles T. Lim, President, PCCI Southern Isabela Chapter, for the prioritization of Region 02 for investment purposes, survey on power requirements – list of manufacturing plants that intend to set up operations in the Philippines, preparation of briefer on BOI’s submission/inputs on APECs Investment Facilitation Action Program, among others. The IPD had reviewed and initialed 322 notice of approvals, issued certificates of registration, certified true copies of CRs, amendment of CRs and encoded registered projects.

For the January to December 2013, 301 tasks were performed for the engagement with stakeholders.

Prepared talkpoints, inputs, reports and attended meetings to strengthened functional network and maintain relevant communication with industry contacts, notably with:

· Joint SDC-HDPRC TWG, on job generation · PJEPA Subcommittee on Trade in Goods and Joint Committee Meeting · 2nd Sectoral Champions Meeting · 4th PJEPA SubCommittee on ROO · DEPEd’s Endorsement of Application for BOI Incentives of Citicore-Megawide Consortium, Inc. · Public Consultation for the Draft Joint Administrative Order on Lighting Industry Waste

Management Guidelines in DENR · 2nd National Steering Committee on the Low Emission Capacity Building Programme · National Solid Waste Management Commission meeting · TRM-TCWM meeting in BITR · Concern of RAMCAR on the proposed revisions to DAO 2004-36 · National Solid Waste Management Commission (NSWMC) TWG · LECB Project of the Climate Change Commission

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· Makati Solidwaste Management Board · Meeting with USAID consultants for the COMPETE project · Meeting with Industry Champions

Relative to the Department’s human resources development, IPD was able to accomplish 32 various tasks and activities that include attending trainings/seminars/workshops and or forums. A memo was prepared for the Board recommending the convening of the BOI Revision of Fees Committee for the revision of BOI fees and charges, while inputs for the timely liquidation of cash advance pertaining to ACIA Hosting was arranged in finalizing letter to Ms. Marcelo, State Audit IV, Team Leader-BOI.

1.2. Manufacturing Industries Department (MID)

The Manufacturing Industries Department (MID) and the other two industries departments, Resource-based and Infrastructure and Services, have the same functions and tasks which directly involves the registration of projects and development of industries under its respective industry category.

For the Roadmap formulation/ implementation, 3 roadmaps were completed and 7 existing roadmaps

were updated (includes Plastic Industry and Auto Industry profile). 90 activities, programs, and linkages were done in relation to the said industry roadmapping, highlights of which are the conduct of the TWG meeting for the Chemicals, Petrochemicals and Plastic Sectors, coordination with BITR on the concern raised on the Chemical Operational Management regarding the implementation of AKFTA’s reciprocity provision, comments provided to CPJI on the revised jewelry roadmap, submission by SPIK’s project proposal to implement roadmap, preparation of the powerpoint presentation of the Chemical Masterplan to the Board, “Industry Focus” presentation to the Board, auto industry program presentation to S/GLD, preparation of the draft speech of S/GLD for the SPIK General Membership meeting, among others. 35 other activities were carried out in the preparation and implementation of the roadmaps.

As part of the roadmap formulation/implementation factor, a meeting with PAFC on the new land use

plan in Bataan was conducted towards identification of a possible industry cluster.

For the period, MID processed and evaluated 25 projects with aggregate cost of P1.5 B and projected to employ 2,236 workers when fully operational. The registration of projects entailed 66 plant inspection visits. It was able to accredit 28 companies under the Jewelry Act, 3 under the Footwear Act and 83 applications for registration/model registration processed or BOM approved and uploaded. Likewise, the Department issued 4,954 certificates for authority to import and 25 certifications for non-local availability of raw materials. 139 stakeholders consultation were done to strengthen collaboration/partnership resulting to 25 industry studies/value propositions or sector profiles updated and or completed (Furnitures, Chemicals, Jewelry, Pharmaceutical, Petrochemical, Detergents, among others). Consultations were held with the auto association, Toyota, Iron and Steel TWG, Aerospace, electronics industry, shipbuilding, ITA expansion, AVL and Sea, among others. This also resulted to the assessment of 14 priority sectors and preparation and submission of sectoral inputs. Further, in relation thereto, 3 existing policies, executive order and laws concerning CNIS sectors were reviewed and assessed. MID formulated 68 talkpoints, briefers, messages, and inputs to requests and other assistance to various stakeholders of which 34 contact reports were generated, noteworthy to mention are data/information on the garments industry as inputs to the speech of the President, presentation by the MID director to the NAST-ESTD Roundtable Discussion, data/information relating to importation of

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crude oils in Brunei, inputs to S/GLD’s message to the pharmaceutical industry, position on the possible effects of the DENR revision of the IRR on polychlorinated piphenyls, data/information on the manufacturing sector as inputs to the 1st Philippines-Mongolia Policy Consultations, among others. The Department has also prepared 6 positions/comments and or updates in relation to International Agreements and other TRM matters. Assisted in crafting the Investments Priorities Plan by submitting 4 position/comments and 5 uploads. Meetings attended and/or organized for the roadmap preparation/implementation, committee/TWG membership, sectoral development TRM matters and international agreements totaled 212 for the period. Other tasks performed totaled 48 which includes among others, processing of 2 applications for CNLA, attendance to the echo session on IBM, drafting of guidelines on how to respond to sector’s queries, preparation of a memo to IMD for nominees as close-in liaison officers for the PH hosting of APEC 2015.

2.3 Resourced-Based Industries Department (RBID)

Total number of projects registration evaluated by RBID for the period totaled 52. Two energy projects of the SMC Consolidated Power Corp. for its plant in Limay, Bataan and Davao del Sur cost more than P25.0 billion each while the energy project of FDC Utilities, Inc. costs around P24.0 billion. The evaluated project total costs amount to P298.611 B and expected to employ 6,939 workers. 5 ocular inspections were conducted during the period at the plants of Pilmico Animal Nutrition Corp., Team Energy Power, and at Therma Mobile, Inc. 12 applications for RHQ/ROHQ were endorsed to the Securities and Exchange Commission with committed amount of remittance totaling to P63,592,000 (US$1,550,000). 5 industry studies/value propositions were updated: Philippine Coconut Industry, Biodiesel Value Proposition, Fresh Tropical Fruits and formulated value proposition for Philippine Ceramic Tiles Industry. 13 talkpoints/technical inputs/comments, industry briefers, presentation, speeches and position papers were prepared for presentation to the DBM on coco coir, the 9th meeting of MICC, Roundtable Meeting on the mining industry, BOI recommendation on tariff modification on chipping potatoes, swine offal and pig/poultry fats, and pulp and paper, for the S/GLD on the mining and power-related issues, for the courtesy call of Lafarge official, and briefing notes on the proposed mining revenue sharing scheme, among others. 5 position paper/technical inputs/comments were prepared in relation to international agreements and TRM matters. 40 letters, emails, memos, sector profiles and assistance to queries were prepared and processed to carry out various tasks. Highlights were the concerns of National Biofuel Board, NEDA, PASAR, MGB, Forest Management Bureau, ITDI, NPC, DA-National Organic Agriculture Board, National Agricultural and Fishery Council, TRTA, among others. For the report period, RBID staffs attended 110 meetings of which 20 contact reports were prepared.

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1.4 Infrastructure Services Industries Department (ISID) For Industry Roadmap implementation: 28 tasks were carried out, 2 new industry roadmaps were completed (IT-BPM and Global Inhouse Center Roadmap) and 2 industry roadmaps being monitored; crafted Public Version of Mass Housing Industry Roadmap and Strategy Paper for Air Cargo. Likewise, 8 roadmaps issues were updated/reported. 25 industry studies/value propositions/profile were updated and/or completed for Tourism, Spa and Wellness Industry, Philippine Healthcare Facilities, Tourist Accommodations (Hotels), Domestic Shipping, among others. Value propositions/industry profiles and/or factsheets were furnished to 28 government agencies, associations and private entities. Policy guidelines on the Philippine Printing Industry and Air cargo were reviewed and 4 presentation materials were prepared. Prepared 152 inputs and completed staff works (CSW) on talkpoints, briefers, messages, etc. Inputs to the requests of Oxford Business Group, the PMS for the courtesy call of Albukhary, briefer and one-pager report for Mass Housing, inputs to WB-Ateneo Center for Econ. Reform and Dev’t. Focus Group Discussion, among others. Speeches for the 4th Annual Shared Services and BPO Philippines event and for the anniversary of PSIA were crafted. CSW on the talking points for the inauguration of the new office of Headstrong was completed and submitted. Various position papers, technical inputs, comments were prepared for 319 clients and stakeholders notably regarding Earthline Sahjanand Philippine Mineral Trading Corp.’s request for “permission to install trade links” with their counterpart businessmen and suppliers of bituminous materials located in Malaysia and Indonesia, which is intended to be put up in ARMM in accordance with the BIMP-EAGA trade and investment activities approved by the government; memo to OSEC on the NLEX-SLEX Road connector project; information and data pertaining to Airport, Air Transport, Water Supply and Distribution, Mass housing, PPP Projects, Domestic shipping and seaports; comments re dialogue with labor leaders; inputs on maritime sector for the Focus Group Discussion conducted by the WB through the Ateneo Center for Economic Reform and Development, among others. In pursuance of these activities, 191 stakeholders (private and government) were consulted. 647 inquiries and other responses by clients and stakeholders were acted through emails, letters, and or phonecalls, some of which are request of Household Development Corp.’s 30-day extension on the data requested from it; acknowledged 7 mass housing developers for their submission of the data requested; followed up DOTC on the its position on the listing and qualification of Port projects in the proposed 2013 IPP, coordinated with PIDS relative to domestic shipping and port materials issues, 26 letters sent requesting for breakdown of BOI-registered housing developers’ constructed units into economic and low-cost housing type, etc. In the formulation of the current IPP, 56 support tasks were completed through formulation of comments, attendance to meetings, prepared positions and updates, etc. For TRM and the international relation/agreements, 7position papers/comments and updates were prepared and vetted 19 information. Similarly, 24 inter-office, mancom and board memoranda, 4 presentations materials and 2 policy guidelines were prepared, presented and reviewed in pursuance of the department’s tasks and functions.

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In the evaluation of applications for registration, out of 148 checklisted projects, 135 projects were evaluated/pre-evaluated with total project costs of P54,764,007,115 and is projected to provide 19,619 employment opportunities. Number of officially filed/evaluated projects were 116. 35 were approved and 6 projects were deferred. 46 plants were inspected and instituted 269 coordination/communications throughout the process of evaluating the projects. Consequently, 161 certificates of registration and 158 firm’s terms and conditions were reviewed. 420 projects were encoded in the IRISS. The Department arranged and attended 386 meetings, conducted 36 briefings and submitted 115 contact reports for the period January to December 2013.

2.5 Supervision and Monitoring Department

The Supervision and Monitoring Department (SMD) supervises and monitors the operations of BOI-registered firms and BOI-endorsed RHQs and ROHQs. It also processes applications for the issuance of Certifications/Endorsements required under various laws.

For January to December 2013, 1,471 tasks were undertaken relative to compliance to the terms and

conditions of operating registered firms, were reviewed. Likewise, 502 memos and implementing letters were sent to these registered firms, surpassing by more than 100% of its target for the year.

The database was updated by encoding 1,406 Annual Reports, Income Tax Returns, Audited Financial

Statements, and Semestral Reports. 91 projects were cancelled of which 75 firms were penalized and collected the total penalty of P3,375,583.00 as of November 2013, which exceeded by 69% SMD target collections for the year.

SMD conducted 59 supervisory visits for the period. 259 registrations under the Foreign Investments

Act and 711 annual reports of FIA-registered firms were encoded. In coordination with the BOI Extension Offices, 74 referrals were acted on and 1,216 referrals from

within the agency and other government offices were likewise acted on. 512 requests were responded and acknowledged, issued 1,214 certifications, 6,176 walk-in clients assisted, attended 6 meetings, and 14 trainings for staff’s skills upgrading plus the 12 ad-hoc assignments performed.

3. Investments Servicing Group

ISG attends to the requirements of the investors after the registration of projects and provides aftercare support and services designed to persuade investors’ decision to retain, expand and or diversify operations/investments in the country. The Office of the Executive Director attended/convened 20 meetings represent the DTI/BOI and submitted 1 meeting report, in addition to respective action on the various issues concerning the withdrawal of UGML Board from the acquisition interest in Global Steel Philippines, Inc and submitted report to Usec Manalo; letter of Mr. Robert H.M. Leng of Taiwan Metal CAGPH Corp. (TMCC) conveying that the case will be referred to the appropriate government agency; referred the letter from Economic Division of Taipeh Economic and Cultural Office in the Philippines with regards to the case of Taiwan Metal CAPGPH to Ma. Esperanza C. Banares, Regional Director of Cagayan Valley Region; reviewed and submitted comments/findings on Manila Fame Space Rental documents at SMX Convention Center to Usec Manalo; reviewed and prepared comments on the Minutes of the First Public-Private Partnership (PPP) Governing Board Meeting on 6 September 2013 and submitted to Ms. Lisa Go of the DOE the list of investment leads on energy projects in view of the agreement made during the meeting between DOE and BOI.

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A. Updates on Project Under the Investments Servicing Group

· Consultative Group for PJEPA Sub Committee on Improvement of Business Environment (PJEPA-SCI-BE)

Updates on the Philippine Panel of the PJEPA SC-IBE

Issues Next Steps Updates (as of 07 October 2013)

A. Tax-Related Concerns

VAT Refund on Zero-Rated Transactions

As to the Monetization Program, the BIR will determine the causes of the delay within the its Regional District Offices.

As to the Flow Chart, the Philippine side will present the flow chart within two weeks once the new Revenue Memorandum Circular is already issued.

The status of EO 68-A, which is currently being reviewed at the Office of the President, will also be provided.

· Status of Monetization Program: Out of the 509 Japanese companies incorporated in the list provided by the Japanese Chamber of Commerce and Industry of the Philippines, Inc. (JCCIPI) to the BIR, 99 companies have applied for Tax Refund and/or Tax Credit Certificate (TCC).

· Status of EO 68-A: According to the BIR, EO 68-A is currently being reviewed at the Office of the President.

· Flowchart for VAT refund processes: BIR will issue a new Revenue Memorandum Circular that will contain the re-engineered process of tax refund claims.

Taxes on Foreign Air and Maritime Transport Services (CCT and GPB)

DOF to provide updates/comments on Association of International Shipping Lines, Inc. (AISL’s) position seeking the application of RA 10378 to cargoes.

DOF is currently reviewing AISL’s position seeking the application of RA 10378 to cargoes.

Application Procedures of Reduced Tax Rates for Dividend-Derived Income Under the Bilateral Tax Treaty

DOF to provide updates on the issuance of the amendments to Revenue Memorandum Order (RMO) No. 72-20101

DOF is currently reviewing the SC ruling on the Deutsche Bank vs. CIR case to study the implications of the said SC ruling and to determine if there is a need to revise or amend RMO 72-2010.

pending its review on the recent Supreme Court (SC) ruling on the Deutsche Bank vs. Commissioner of Internal Revenue (CIR) case.

B. Electricity Issues

Updates on the Implementation of Retail Competition and Open Access

DOE/ERC/PEZA to draft retail aggregation rules for stakeholders that will participate in early aggregation and to

· RCOA: According to the Energy Regulatory Commission (ERC), the commercial operation

1 Guidelines on the Processing of Tax Treaty Relief Applications (TTRA) Pursuant to Existing Philippine Tax Treaties

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(RCOA). provide updates on the measure undertaken to ensure stable supply of electricity.

of Retail Competition and Open Access (RCOA) is already on the 3rd month. There are 241 competitive customers out of the 955 currently registered participants. ERC is closely monitoring the implementation of RCOA to ensure stable supply of electricity and to maintain fair competition in the market.

· Retail Aggregation: ERC, together with Philippine Economic Zone Authority (PEZA) is drafting the implementing rules for those stakeholders that will participate in the retail aggregation.

· Electricity Supply: According to the DOE, measure to ensure the stable supply of electricity especially in Mindanao are already in place and operational.

Measures to Reduce the Price of Electricity After Introducing RCOA.

DOE/ERC’S Positions on Allowing Adoption of Retail Aggregation per PEZA Ecozone

Mid and Long Term Projections on Electric Power Demand and Supply, Including Stable Electricity Supply in Luzon and Visayas.

Prospects and Measures for Stable Supply of Electricity in Mindanao

C. Improvement of Country Logistics

Measures to Improve the Utilization of Subic Batangas Ports

PPA to provide updates on the presentation of roadmap made with the President and to formulate a policy that will address the decongestion of the Manila Port.

According to the PPA, the proposed roadmap to decongest Manila Port and to increase the utilization of Subic and Batangas Ports was already presented to the Economic Development Cluster (EDC) of the National Economic Development Authority (NEDA) last 12 April 2013. However, EDC requested DOTC to revise the roadmap and include in the action plan a detailed strategy to be undertaken by the Department and the projected timeline to finish the project. The revised roadmap was already presented to the Cabinet and will be presented again to the President.

Development of Clark Airport and the Use of NAIA in the Future

DOTC to provide the updates on the measures it undertook to develop both NAIA and Clark airport and on the status of the roadmap to be presented with EDC-NEDA.

Roadmap for NAIA and Clark airports: The roadmap for Clark and NAIA airports were already presented by DOTC to the EDC of the NEDA last 12 April 2013. The same will be presented to the President. DOTC is currently working with the Civil Aviation Authority of the Philippines in an effort to maximize NAIA by increasing runway activities and improving the existing facilities of the airport.

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New Airport: DOTC is also coordinating with Japan International Coordinating Agency (JICA) to conduct a study on the feasibility of building a new airport in the country.

D. Consistency of Investment Framework

Common Use Service Area (CUSA) Fee and 10% Subic Bay Metropolitan Authority (SBMA) Share on Rental Transactions

The DTI to study the matter and provide recommendations for the resolution of the issue.

· CUSA Fee: Per Mr. John Santos of SBMA, the SBMA and the Japanese Locators are currently litigating this issue at the Regional Trial Court of Olongapo City.

· 10% SBMA Share on Rental Transactions: The DTI is currently studying this issue and shall convene a meeting with the SBMA and Japanese locators.

Limitation of Foreign Ownership in Construction Sector Imposed by Philippine Contractors Accreditation Board (PCAB)

PCAB to draft the amended Implementing Rules and Regulation to incorporate approved proposal by the CIAP Board.

The Construction Industry Authority of the Philippines (CIAP) in its meeting on 10 September 2013, approved the creation of a new category known as the Quadruple “A” or “AAAA” which allows foreign-owned construction companies to enter into private contracts provided they have a minimum capitalization and minimum project cost of Php 1 Billion. PCAB is currently in the process drafting its new IRR to incorporate the amendments approved by the CIAP Board.

Predictability of concession agreement with Metropolitan Waterworks and Sewerage System (MWSS).

The DTI to study the matter and provide recommendations for the resolution of the issue.

The DTI is currently studying this matter.

E. Official English Version of Japan Laws, Regulations and Issuances

The Japanese side will continue to translate Japanese Laws, Rules and Regulations, and suggests the Philippine side to continue coordinating with them through the Japanese Embassy.

The Japan’s Cabinet Secretary and Ministry of Justice is responsible in translating Japanese Laws, Rules and Regulations into English. The Japanese side provided the BOI a copy of 45 laws translated into English last 03 September 2013.

F. Human Resource Development (HRD) in Industrial Sectors

The PTTC will continue to coordinate with the Japanese side in creating a Project Proposal regarding HRD. It will also coordinate with POEA and other concerned agencies to address the

The PTTC is already communicating with the POEA and other concerned agencies to address the issue of Japanese technical training schools in the country.

http://www.dti.gov.ph/dti/index.php?p=180�



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immigration issues of trainees sent abroad.

G. Industry Clustering

DTI-OSC to provide updates on the project proposal.

In a letter dated 18 September 2013, the NEDA endorsed the "Technical Assistance Program on Global Supply Chain of Priority Industries" project of the DTI to the DFA for consideration under the Japanese Government (GOJ) FY 2014 Technical Cooperation Programs (TC).

Last 04 October 2013, DTI-OSC informed that the above project is already approved (in principle) for funding by the Japan International Cooperation Agency (JICA) and for possible implementation in March 2014. However, they have not received a formal confirmation from JICA regarding this matter.

B. Status of Other Issues Handled by the Office of the Executive Director

a. Revival of the Office of the Trade and Investments Ombudsman (OTIO) A letter dated 13 August 2013 was sent to Hon. Conchita Carpio Morales requesting to act on the proposed administrative arrangement that the BOI Resident Ombudsman be strengthened and assigned to perform additional function of handling investments-related cases referred by the BOI. The BOI has yet to receive a reply.

b. Dole Philippines – $180 M Claim on VAT Refund The issue arose from an article published by the Philippine Star on 1 July 2013 penned by Ms. Pamintuan. A memorandum dated 1 August 2013 was prepared for Usec A.S. Cristobal, Jr. in response to his instruction to verify the information regarding Dole’s VAT claims for TCC with the BIR. The memo contained comments of DOF for VAT Credits/Refund filed by Dole in response to ISG letter to BIR dated 5 July 2013.

c. Case of Mr. George M. Drysdale of Marsman Drysdale Group

ISG sent a memorandum dated 12 August 2013 for Sec. Domingo thru Usec P. Manalo, Jr. Re: (a) DTI role in PARC Excom; and (b) Position Paper to PARC Excom Fact Finding Committee Report; and (c) Recommendation for consideration of the DTI Secretary.

d. Case of Mr. Spanoudis – Arrest and detention by the Bureau of Immigration

As of October 2013, a report on the above case was submitted to Usec Manalo, Jr. where a draft reply to Mr. Spanoudis is attached for the Undersecretary’s consideration and clearance for release.

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3.1. Business One-Stop Shop Services Action Center Provides business counseling and information to investors on how to do business and serves as a one-

stop processing center to assist investors on their pre-operating stage in the country. For the period, BOSS Action Center served and assisted 1,889 walk-in, phone and email inquiries.

Likewise, 1,777 linkages activities with LGUs on local incentives were coordinated. BOSSAC also updated data on Doing Business in the Philippines-Cost of Doing Business specifically on salaries and wages.

32 visa assistance (visa upon arrival, pro-investment visa upon arrival and extension visa) were

facilitated and attended/conducted 179 investment briefings/meetings, 18 of which as DTI/BOI’s representative to Investment Forum and participated as resource speaker in 1 event.

Conducted 77 image building activities where 22 IPAs and 31 LGUs were assisted and 121 feedbacks

and 4 testimonials were gathered and evaluated. 1,783 assistance were rendered to LGUs on the LIIP and other firms based in the region were done.

59 investment leads were generated with projected investments of P44.167 billion and projected

employment generation of 11,777. 3.2 Investments Assistance and Services Department Provides aftercare services to existing investors by facilitating resolution of issues and concerns, as well

as formulates, implements programs leading to the retention, expansion, and diversification of existing investments.

270 introductory and acknowledgement letters were sent leading to the conduct of plant visits to 138 firms and feedback gathered from 132 firms with a satisfaction rating of 96%. The plant visits resulted to 86 investment leads from some projects with identifiable cost aggregating P17.792 B and projected employment generation of 19,323. Facilitated 71 issues and concerns with 93.0% resolution rate. Issues and concerns of Cosmomedical, Inc., Hotel Acropolis, Masinloc Power Partners Co., Inc., Futenco Phils. Corp., Zanorte Palm Rubber Plantation, Inc. New Hope Bulacan Agriculture, among others, were facilitated and resolved. However, Cosmomedical, Inc.’s concern on the import/export procedures of steel gas tank with ethylene oxide gas is still being facilitated for resolution. So with the request of N.A. Cruz Sash, Contractor, for assistance, which is still being monitored. Issues concerning other agencies were promptly referred to and resolution rate of recurring issues stood at 96%.

3.3. BOI Extension Offices Under the direct supervision of the Executive Director for ISG, are tasked to perform range of BOI

functions from assisting investors until the project is registered and monitoring of the same after registration, to investment promotions and industry linkages.

1.3.1 Gensan Desk serving the SocCSkSarGen Region

151 investors/registered firms were assisted. 9 applications for registration checklisted, 5 were approved and registered generating P809 million in investments and 941 employment opportunities. In addition, 6 investment leads were identified.

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Assistance to the conduct of investment promotion activities totaled 13; 32 assistance rendered to LGUs and other agencies and facilitated 22 assistance to DTI/BOI requests. 354 compliance to registration conditions were monitored and supervised, collecting penalty/refund amounting to P1,543.00.; conducted 15 visits to firms. On incentives administration, 19 incentives application for ITH and capital equipment importation were received and facilitated. 18 meetings were conducted and attended.

1.3.2 Cebu Extension Office 766 investors/registered firms were assisted and 73 firms briefed for registration. 8 applications for registration checklisted, 5 were approved and 1 registered generating P111.0 million in investments and 47 employment opportunities. In addition, 73 investment leads were identified. Assistance to the conduct of investment promotion activities totaled 10; 13 assistance rendered to LGUs and other agencies and facilitated 115 assistance to DTI/BOI requests and assisted 2 inbound missions. On supervision and monitoring, 551 compliance to registration conditions were monitored and supervised, collecting penalty/refund amounting to P436,074.; issued 30 certificates of ITH eligibility; accredited 1 company for the jewelry act; and conducted 30 visits to firms. On incentives administration, 25 incentives application for ITH were received and processed; 7 for SIRV, 20 for VAT-zero rating, 1 for employment of foreign nationals and 17 for other incentives (CQ, spare parts, consigned equipment). Funds collected by Cebu Extension Office amounted to P730,250 and funds for operation were replenished 8 times aggregating P64,251, as of October 2013. The staff of Cebu Extension office attended 17 meetings/training and or seminars.

1.3.3 Davao Extension Ofice 324 investors/registered firms were assisted and 32 applications for registration were checklisted. Checklisted applications were those for Prime Land Property housing project costing P354.91 M and labor generation of 125; Univach proposed project for P400.0 M and 200 labor opportunities; and HLC Corp. housing project for P250.0 M and 250 labor. 85 other investment leads were identified. Assistance to the conduct of investment promotion activities totaled 44; assisted 40 inbound missions; 74 assistance rendered to LGUs and other agencies; facilitated 34 investment matching; and 23 assistance provided to DTI/BOI requests. 161 compliance to registration terms and conditions were monitored and supervised and conducted visits to 8 firms. 20 firms complied with their tree planting requirements and ITH certificate of entitlement. Penalty collected from erring registered firms total P70,755.00. On incentives administration, 26 incentives application for ITH were received and processed; 7 for VAT-Zero rating and 5 for other incentives (CQ, spare parts, consigned equipment).

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Funds collected by Davao Extension Office amounts to P225,017.83 and funds for operation were replenished amounting to P73,852.24. 20 meetings/trainings were attended by the Davao Extension staff.

1.3.4 Cagayan de Oro Extension Office 251 investors/registered firms were assisted and 6 applications for registration checklisted. In addition, 41 investment leads were identified. Assistance to the conduct of investment promotion activities totaled 11; 46 assistance rendered to LGUs and other agencies, 58 assistance to various DTI/BOI requests, and assisted 4 inbound missions. 90 compliance to registration conditions were monitored and supervised, sent 8 supervision letters, and collected penalty/refund amounting to 8,638.00.; issued 7 certificates of ITH eligibility; and conducted 7 visits to firms. Prepared 5 memoranda to Mancom on the cancellation of registration and other requests. On incentives administration, 19 incentives application for ITH were received and processed, 2 for VAT-zero rating, and 1 for employment of foreign nationals. The staff of Cagayan de Oro Extension office attended 20 meetings/training and or seminars.

4. Management Services Group Provides support services to ensure efficient operations of the BOI: legal services, prepares/monitors annual plans and programs, administers incentives dispensation, and financial and administrative services and manages human resources. 4.1 Strategic Management Services Department (SMSD)

Prepares Agency’s annual plans and programs to achieve the goals and objectives taking into account the resources of the organization. SMSD formulates and monitors progress of agency’s proposed strategic plans and programs. For the report period, SMSD supervised the Strategic Integrative IDTPG Planning Session and 7 other planning workshop/activities were conducted on the formulation and pursuance of the agency’s plans and programs attended by 91 officials and employees, and for which training kits were prepared for the participants. As member of the core group charged of formulating and subsequent implementation of the Performance Governance System (PGS) and the Strategic Performance Management System (SPMS), SMSD actively participated and rendered total of 106 supports in all activities to achieve the objective of the program. In close coordination with process owners, SMSD assisted in the formulation of scorecards for the officials and dashboards of employees. In addition, SMSD represents the agency in the current review of the PDP Midterm Update and Results Matrix Revalidation for the Finance Subsector. As such, submitted inputs and attended meetings to carry out the tasks.

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Vetted information and submitted inputs to talk points, briefers, and interviews of officials, specifically those requested by Credit Suisse, Financial Times, BBC, AMRO, Oxford Business Group, Country Report, courtesy calls by officials to the President, and inputs to various requests on economic development, among others. SMSD is likewise implementing a more effective system for collecting, monitoring, and analyzing investment data for a timely and accurate investment statistics. For the period, 2347 internal and external clients were served with their various investment data needs. 26 related reports on investments were submitted to concerned officials and government agencies, foremost of which reports were submitted to the DTI Secretary on the DFIs generated for the year 2012. To accomplish these reports, 1,700 Audited Financial Statements of both BOI-registered and SEC-registered firms were analyzed to generate the net direct foreign (DFIs) based on the formula devised by the DTI Secretary for the purpose. 5 reports/comments on investment-related issues were submitted to the Inter-agency Committee on Investments where BOI is a member. 11 investment reports of the BOI and PEZA were prepared, consolidated and submitted to concerned officials and stakeholders. In pursuance to the recent instruction by the Secretary, a study is being undertaken on the appropriateness of principle to be applied in gathering and estimating direct foreign investments by IPAs. , ie. Debtor-Creditor, Asset-Liability or Directional principle. Researches on the topic are ongoing and meeting with PEZA was scheduled. To further advance the cause of accurate investment statistics, SMSD assisted the Inter-agency Committee on Investments in drafting an executive order enjoining the investment promotion agencies and other government entities to provide data for the estimation of foreign and domestic investments in the country. The draft EO was finalized taking into account comments by the Office of the President and the NEDA Board. It is now at the Office of the President for action. Participated in 138 activities and submitted inputs for the budget preparations, meetings and presentations and assisted in formulating reports on BOI accomplishments to promote transparency and accountability in the allocation of the agency’s budget. 15 narrative reports were prepared and consolidated. In institutionalizing vibrant public- private partnership through development of strategic linkages, SMSD pursues the collaboration project with Swinburne University which aims to study the decision-making processes of 30 foreign organizations operating in the Philippines, to develop an understanding of how development and sustainability issues are incorporated into these companies’ decision-making processes and business activities. This project is simultaneously implemented in other 5-APEC economies. 1,404 tasks and activities were conducted in relation to the enhancement of investment data collection and monitoring and to pursue the collaborative project with Swinburne University including meetings and update presentations to the Mancom/Board. For the collaborative project, a round table discussion was held with a principal for the project in attendance. Highlight of the round table was the presentation of the project to the select few companies-participants of the final 38 companies selected from among the 60 foreign companies that measure up to the criteria agreed by the Asian Institute of Management and the BOI, research partner and public sector partner, respectively. In identifying the 60 BOI- and SEC- registered firms, 160 firms were initially evaluated for eligibility to the criteria. Relevant information on these 60 firms was likewise generated to form the data base for this project.

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Further, complete and effective investment information, promotional collaterals, advertising and advocacy campaigns, press releases and articles to advocate for the agency’s messages, plans, and programs were prepared and provided. For the report period, 40 press releases and 109 presentations on various agency’s plans and programs. Prepared clippings of 84 reports and 1,467 articles relating to investments. 22,936 collaterals (CDs, information kits and design studies) that include Annual Report, FAQ, Basic Facts, Primer on Doing Business, current IPPs, etc. were distributed to events like PTIC-Singapore Independence Day, PTIC-Malaysia and Brunei Independence Day, for visitors, for public hearings, Department of Foreign Affairs, Investors Relations Office, Foreign Service Trade Corp. and investment missions and events held for the period. To take advantage of existing technologies and the trend towards viral marketing, the BOI website, the InvestPhilippines website, Facebook and Twitter accounts were updated by uploading 203 entries of articles or files. 428 BOI Investment Kits in CDs (in English, Chinese and Korean versions), CDs labels and tarpaulin backdrop were produced and developed. Likewise, in furtherance of the Information and Communication plans and strategies 694 internal and external clients were served and 7,200 newspapers and various printed materials were distributed to clients/stakeholders. In pursuit of a smart and tech-savvy agency, SMSD is working out the development towards an effective, up-to-date and responsive Information Systems Strategic Plan (ISSP). A major component, the Integrated Registration, Incentives and Supervision (IRISS), is in full swing with the IRISS process owners officially signing the systems final acceptance. The ongoing activities are encoding of registered projects, investment availments and annual reports for years 2009 to 2012. Out of the 1003 registered projects, 327 were thus far encoded. The IRISS modules that are ready for full-blast implementations are report generation, business intelligence (BI) and order of payment facilities. In addition, table below shows various tasks carried out towards attaining a responsive information and technology system.

COMMITMENTS/KRAs/ PROGRAMS

ACTUAL ACCOMPLISHMENTS

IMPACT OF ACCOMPLISHMENTS

Jan – Dec 2013

MAINTENANCE OF BOI PORTAL Maintenance of the BOI Portal Updated and uploaded

pertinent data and information in the Portal including announcements and press releases

Availability of the BOI Portal 12

DATABASE ADMINISTRATION AND TUNING Integrated Registration, Incentives and Supervision System (IRISS, MVDP)

On-going enhancement of systems

On going enhancement of systems

12

Special Investors Resident Visa (SIRV)



12

INFORMATION SYSTEMS Maintenance and minor Fixed programs, systems, Ensure the continued 12

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enhancements of the agency’s information systems (SIRV, FIS)

bugs, enhanced reports and input screens

operation of the system

Maintenance of Engas installation of the system upgrades for eNGAS modules

Facilitate financial transactions in the BOI work productivity

12

Maintenance of the TMS Technical assistance in the implementation of TMS and enhanced the facility of viewing the employees logs over the system

Improve time monitoring work productivity

12

Back-up of Information Systems

Performed back-up procedures for the information systems

Data security & business continuity

96

Monitoring of the performance of the exisiting Information systems ( Lotus Notes/Document Tracking System)

Conducted monitoring and training to the users of the existing systems

Ensure that the user requirements are met and updated as well as the continued operation of the system

12

IT EQUIPMENT AND COMPUTER HARDWARE MAINTENANCE Workstations, installations/repairs

Installation of software, repairs of desktops, laptops, computers, and monitors

Ensure the continued operations of the systems

885

Printers repair 646 Notebooks 465 Display monitors repaired 359 Performance of Preventive Maintenance on Workstations & printers

Performed preventive maintenance work on workstations

Ensure that the computing requirements of users are met and updated as well as the continued operations of the systems

903

Computers/other hardware deployment

Number of computers, printers, laptops, etc. configured, installed and distributed to users

Ensure that the computing requirements of users are met and updated as well as the continued operations of the systems

451

Anti-Virus Installed updated versions Ensure that the installed software are secured and updated for more efficient and trouble-free operation of the various information systems

890

Office Productivity Suite 335 Operating Systems/Windows Update

926

Messaging 860 NETWORK INFRA/SECURITY DEVICE ADMINISTRATION Intrusion, detection and prevention appliance

12

Symantec Anti-virus All listed devices are updated and maintained regularly.

Ensure that the installed software are secured for more efficient and trouble-free operation of the various

12

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information systems SMTP gateway via Ironport anti-spam device

. 12

Domino content filtering and security

12

Firewall 12 PROVISION OF TECHNICAL SUPPORT DURING MEETINGS Management Committee and Board meetings

Meetings of the Mancom and Board using the Mancom and Board collaboration systems that were facilitated

Ensure the smooth and orderly conduct of meetings

96

Other meetings

Other meetings attended

610

For the period, SMDS’s personnel attended 656 meetings including the holding of trainings for the BOI employees and staff in the implementation and operation of IRISS; TRTA; USAID Official Development; officials and staffs’ scorecard formulation and finalization; preparatory activities for the holding of planning sessions; investment-related with other investment-generating agencies; IPP; among others.

4.2 Legal Services Department Serves as the general counsel of the BOI. Formulated 106 negotiating position papers, proposals on International trade negotiations and attended conferences on PH-EU International Agreement/Negotiations, PH-Saudi, PH-Albania, PH-Qatar, PH-Tunisia Trade Agreement; PH-CZECH Investment Agreement, PH-CANADA, PH-Mexico Bilateral Treaties, PH-Bangladesh Investment Agreement, PH-Egypt on proposed negotiation of Investment Agreement, ASEAN Framework Agreement on Services, review of bilateral investment treaties (BITs), PH-EU Partnership and Cooperation Agreement, PH-India BLAT, ASEAN-Korea Trade in Services, Investment Policy Review, ASEAN-Japan Committee on Investments, among others. 110 meetings were attended relative to the inter-agency for BIA’s Investment Chapter for Free Trade agreements and other international agreements. Among them were ASEAN-Japan Comprehensive Economic Partnership (AJCEP) Agreement Sub-committee; Review of the IRR of EO 226, Joint Working Group on Trade and Investment, TWG on Investment Priorities Plan, 8th Packages of Commitments AFAS, Redondo Peninsula Energy, Inc., Industry Competitiveness Fund, Coca-Cola FEMSA, Investment Promotion Plan Steering Committee, PH-EU FTA, PH-Taiwan FTA Research Project, OGCC on Retail Inquiry, OECD Investment Policy Reviews, 1st Meeting of the IPR Task Force, PCC Small Group meeting on the Proposed TUCP Wage Hike, Fiscal Incentives Bill with DOF. Prepared 169 comments/inputs on legal issues/concerns involving the general review of the provisions of the IRR of EO 226, legal opinion and recommendation addressed to OP for consideration of UASC re: ATA Carnet System in the Philippines, comments on the enrolled bill on Agriculture and Fisheries modernization development in the country, letter for Joint National Committee (JNC) re status of Land Title issue on Tampakan Copper-Gold Project, Revised Draft Bill on Omnibus Repeal of Incentives provisions of Industry-specific laws, drafted bill on the proposed amendments to Section 5 ad 6 of RA 8762, draft bill on Mining Fiscal Regime, etc.

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As legal counsel of the Board, prepared comments on continuing basis, legal issues involving the following: · Necessary documents and materials relative to House Bills affecting the agency; comments: Ø Report on the Senate of Various House Bills Ø House/Senate Committee meetings and hearings Ø Housing Resolution

· JPEPA RP Side Joint Committee · Legal issues involving RA No. 7652, otherwise known as the Investor’s Lease Act · Issues involving the Retail Trade Liberalization Law · DTI’s position on Initiatives for Dialogue and Empowerment through Alternative Legal Services, Inc. · Several Investments Agreements (ASEAN-Canada and Investment Cooperation Agreement (TICA)

and APEC RTA/FTA Model Measure on Investments) · As regular member of Committees/meetings relative to Administrative/Personnel Matters, prepared

legal documents/communications for the Committee(s) · As Legal Officer and Secretariat in the Bids and Awards Committee and the BAC-IT Projects.

4.3 Incentives Department Establishes an efficient operating system to facilitate processing of incentive applications and requests relating to incentives that may be availed of by registered firms. Table below summarizes the incentives processed by the Department for the period January to December 2013.

Incentives Target Accomplished Implementation of Book I (ITH Availment) 1. Checklisted applications

1.1 ITH availment 600 724 1.2 ITH bonus year 40 28 1.3 Spare Parts and supplies (39 L) 160 181 1.4 VAT Zero Rating

1.4.1 . RMO 9-2000 90 113 1.4.2. Individual VAT 10 13 1.4.3. VAT Masterlist 70 113 1.5 Employment of foreign nationals 50 144 1.6 Consigned equipment 300 341 1.7 Importations of capital equipment under R.A. 9513 and E.O. 70 100 249 1.8 Importations under RHQ/ROHQ 2 2 1.9 R.A. 8479 - Oil Deregulations Act 2 16 2. Processed/evaluated applications - 2.1 ITH Availment 300 468

2.2 Communications sent to ITH availors 300 871 2.3 ITH bonus year 35 33

2.4 Spare Parts and supplies (39 L) 160 184 2.5 VAT Zero Rating

2.5.1 RMO 9-2000 100 113 2.5.2. Individual VAT 10 12

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2.5.3 VAT Masterlist 150 149 2.6 Employment of foreign nationals 50 144 2.7 Consigned equipment 300 341 2.8 Importations of capital equipment under R.A. 9513 and E.O. 70 100 256 2.9 Importations under RHQ/ROHQ 2 2 2.10 Oil Deregulation Act - RA 8479 2 15 Implementation of Book V (Special Investors Resident Visa - SIRV) of E.O. 226 1. Checklisted/processed/evaluated applications for the issuance of SIRV

-

1.1 Probationary SIRV 10 33 1.2 Indefinite SIRV 15 22 1.3 Inclusion of dependents 10 31 1.4 Voluntary cancellation/downgrading of SIRV 50 159 1.5 Lifting from blacklist, re-stamping, others 100 300 1.6 Issuance of SIRV ID* 800 893

2. Conducted briefing on the obligations/ requirements of holders of Indefinite SIRV/Interview of SIRV Holders 50 58 3. Monitored investments of SIRV holders

3.1 Issued certifications 200 295 3.2 Received and recorded of Annual Reports 800 1,315 3.3 Sent communications to SIRV holders 50 249

4. Maintained SIRV Monitoring System

- 4.1 Updated Records in the Database 1,500 8,811 4.2 Added New Records in the Database 15 35

Garment and Textile Import Services 1. Processed/evaluated applications for license (New/Renewal)

1.1 Issued BMW license 25 13 1.2 Common Bonded Manufacturing Warehouse (CBMW) Issued CBMW license

3

1.3 Accreditation of CBMW member 1.3.1 Issued accreditation 15 23

1.4 Accreditation and registration of garment subcontractors

1.4.1 Site Inspection - 1.4.2 Issued Certificate of Accreditation 300 321

1.4.3 Issued Certificate of Registration 500 509

* Target was modified from number of IDs issued to number of applications processed 4.4 Finance and Administrative Services Department

Renders financial management and general administrative services. For human resources development, 6,674 assistance were rendered to the officials and staff on their employment needs such as certifications, service records, leaves, monetization, loans and other services. 44 trainings/seminars and scholarship were conducted and facilitated, to further develop and improve the potential and competence of employees, among which are the 2nd PAGBA Quarterly Seminar and Meeting, SDC 2013 HR Symposium and the strategic planning workshops. 29 employment papers were processed for promotion or hiring of either regular or contractual staffs. 55

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employees were retired or due for retirement of which retirement/resignation papers were also processed including those affected by the Rationalization Plan for BOI. In pursuance of the mandate for employee’s advancement, 115 meetings were conducted and or attended notably on PSB, JDS, teambuilding, COA/DBM meetings. 529 communications/letters/memoranda were prepared to accomplish the tasks assigned. On records management, 13,799 communications were facilitated for routing and tracking. These include outgoing and incoming communications. Documents released through mailing (ordinary, registered, foreign and/or through courier) and respective copies filed netted 13,891 while documents directly delivered to recipients total 1,583. 4,882 health-related services were provided for the staff that includes medical consultations, emergency cases/accident assistance, pre-natal and post natal, wide range of dental services, pre-employment check-up and mouth exams. In the process, 2,189 various medicines and supplies were dispensed and administered. On logistics, 257 logistical supports through the preparation and processing of 149 purchase orders and 110 work orders were accomplished. To ensure proper fund management and disbursement, 1,975 obligation requests were processed, entailing 12,241 accounting and disbursement of funds processes and 77 reports were submitted to COA/GAFMIS/DBM/Congress and the Senate.