Problems relating to Trade and Investment on The Philippines
5. Regulations on parts industrial policy |
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Issue |
Issue details |
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Reference |
| (1) Anxiety over New Car Policy for Small-Scale Car Manufacturers | - Toward integration of AEC in 2015, Department of Trade and Industry (DTI) and Board of Investment (BOI) now works on formulation of automotive industrial policy, which could possibly disfavour small-scale car manufacturers. | - It is requested that DTI/BOI formulates the automotive policy that does not differentiate incentives by production scales. | |
| (Action) - On 19 December 2015, Department of Trade and Industry (DTI) and Board of Investment (BOI) announced implementing rules and regulations for the Comprehensive Automotive Resurgence Strategy Program (CARS Program). The minimum qualification required on car manufacturers include: (1) internationally renowned car manufacturer/international brand name holder, or domestic manufacturer, holding authorised domestic licence, operating jointly with such enterprises, (2) car manufacturer with international business results, internationally recognised brand, holding substantial market share in Asia, Europe, and/or North America, (3) an enterprise with international business activity, engaged in R & D, manufacture, marketing, and after service in Asia, Europe, and/or North America. (MUTB dated 15.01.2016) |
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