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Investment-Steel Structure Plant in the Philippines

Investment-Steel Structure Plant in the Philippines

  • Categories:Investment
  • Author:
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  • Time of issue:2020-07-16 20:21
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Summary description:Investment of Steel Structure Plant in the Philippines

Investment-Steel Structure Plant in the Philippines

Summary description:Investment of Steel Structure Plant in the Philippines

  • Categories:Investment
  • Author:
  • Origin:
  • Time of issue:2020-07-16 20:21
  • Views:
Information

 

 

1. Philippines' Market Introduction

The Republic of the Philippines, abbreviated as the Philippines, is located in the western Pacific and is a multi-ethnic archipelago country in Southeast Asia with an area of 297,700 square kilometers and a population of approximately 120 million (November 2019).

The Philippines is a major member of ASEAN and one of the 24 members of APEC. The Philippines is one of the emerging markets of developing countries, newly industrialized countries and the world.

The Philippines is an export-oriented economy and relies heavily on external markets. The tertiary industry is prominent in the national economy, and agriculture and manufacturing also account for a considerable proportion. After President Duterte’s took office, he increased investment in infrastructure construction and agriculture, promoted tax reform, and maintained rapid economic growth.

 

 

2. Analysis on the Philippines’ construction industry

Since the Asian financial turmoil, the real estate market has been quiet for 10 years, and it has taken off again since 2006. The Philippines’ economy has been developing steadily in recent years. The annual growth rate of gross national product is maintained at about 5%. With the development of the Philippine economy, the country's real estate industry is also booming. At present, the entire market of the capital Manila is very prosperous, and the growth rate has been booming for over ten consecutive years, which has driven its huge demand for building materials and hardware products.

The steel consumption in the Philippines has only increased by 2% in 2017 due to high steel prices, while the public and private construction projects in 2019 have surged by about 9% to a record 10.5 million tons. In the next few years, the domestic demand for steel in the Philippines will be supported by the “Build, Build, Rebuild” infrastructure plan proposed by President Rodrigo R. Duterte. According to the plan, the Philippines will build more roads, bridges, railways and airports, and upgrade existing facilities.

In 2019, data from the Department of Commerce showed that about one-third of China's steel exports are to Southeast Asia. China's total steel exports are 66.9 million tons, of which 7% accounted for steel exports to the Philippines.

 

 

3. CBME’s role and Fucntions

    Government agencies

After years of intensive work in the Philippines, CBME has established good cooperative relations with the Philippine Embassy, Philippine Ministry of Trade and Industry, Philippine Construction Authority and other government agencies. As a public institution, CBME was identified as an inter-governmental project cooperation and communicated with the Philippine government agencies.

    Large developers

CBME focuses on in-depth business negotiations and discussions with the above-mentioned well-known developers, such as AYALA, SMDC, DMCI, MEGAWORLD, etc., and CBME had made comprehensive meetings with people from the chairman and director of the head office to the purchasing managers in the construction companies and has acquired all kinds of practical information.

    Procurement, display and distribution channels

CBME has setting up and a number of high-quality supply chain channels to ensure the supply of building materials to the Philippines’  housing construction market. Based on assorted requirements from local customers, CBME has made different choices as per needs of high, medium and economic grade.

    Transportation and logistics

The project team of CBME has already operated on and developed several realty project in the Philippines, and has accumulated experience in terms of selecting the most favorable shipping and transportation method and deliver all building materials to any customer in any corner of the Philippines.

 

 

4. CBME’s Comprehensive advantages

    Good government-enterprise relationship

CBME has been actively recommending and submitting capacity cooperation projects to the National Development and Reform Commission, and promotes inclusion in the list of governments for international capacity cooperation, seeking government-level support and promotion.

 On the Philippines government level, after years of intensive work in the Philippines, CBME has established good cooperative relations with THE Philippine Embassy, Philippine Ministry of Trade and Industry, Philippine Construction Authority, Philippine Investment Management Agency and other government agencies. As a public institution, CBME was identified as an inter-governmental project cooperation promoter and has gained tremendous focus from governmental agencies on both sides.

     Attractive financing costs and simplified procedures

CBME takes advantage of support from nationally-endorsed guarantee and policy to organize member companies to carry out industrial capacity transfer and upgrading China’s building materials industry along the “Belt and Road”, and build multiple intensive, green, and fully functional Building materials projects.

In the domestic market, CBME has made close communication and cooperation with many financial institutions, banks, and credit guarantees. For the financial credit, financing, loan, equity and other related operations of the investment in the building materials industry, CBME actively explores financial innovation, and reduce financing costs, and improve capital efficiency.

    Professional building materials investment team and technical advantages

Based on the principle of marketization, CBME takes the Building Materials Alliance as a connecting bridge, and sets its member companies as the major player and takes advantage of all parties, and implements investment and cooperation projects.

    Reliable promotion capacity and channels

In the building materials industry, CBME takes advantage of the National Building Materials Association to provide full-process industry chain management and services for the supply of raw materials for building materials, production, sales, channels, and finance, both in the domestic and Philippine markets. CBME HAS has the ability to operate at full capacity and complete procurement and channel distribution.

 

 

 

For further information or cooperation, please feel free to contact us.
Tel: 0086 10-88082336; 
E-mail: WQG3187@163.COM; 

 

 

 

 

 

 

CONTACT US

Tel  |  86-010-88082316

Email   |  aliciachn@outlook.com 

 

 

BuildTech Corporation

China Building Materials Building, No. 11

Sanlihe Road, Haidian

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