Opportunities for Exporters
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Infrasturcture
Government plans for large-scale investment The Philippine government is embarking on a specific infrastructure programme . It has allocated 1.534 trillion pesos ( approximately $ 29.8 billion , as of October 2019 ) to 75 flagship projects to help close the existing gap in public infrastructure ( Department of Finance , 2019 ). Key sectors include rail , aviation , roads , bridges , water and wastewater .
Great geo-location Philippines is the 5th largest economy within the strong 10-member ASEAN Bloc ( IMF , 2019 ). As a founding member , it has advantages such as being the home of the Asian Development Bank , which drives many of the Asia-Pacific development projects . It ’ s also ideally placed to do business with the wider ASEAN region .
Education
International standards for education and skills The Philippines has recently passed a law to bring international standards to higher education and vocational training . The nation wants to improve and modernise through programmes and international partnerships , which present opportunities for UK business .
English teaching The Philippines has recognised the need to improve its English teaching competency . There is currently no accreditation system in place , but quality English language teaching is in demand to meet overseas employment requirements . The education ministries are keen to attract UK teachers and businesses who specialise in the sector .
Increased use of technology Educational institutions , from basic education to universities , are being upgraded . Technology is becoming more important as education in the Philippines continues to modernise . The Philippines require capacity-building , curriculum development , software and hardware
Technology
Demand for cutting edge IT applications Businesses are beginning to incorporate artificial intelligence , internet of things and cyber security solutions into banking processes , transportation systems , energy generation & distribution , green buildings and other smart cities applications .
Analytics and big data Both government and private enterprise are interested in data management solutions . The Department for Information & Communication Technology ( DICT ) require a data management platform to enable government agencies to collect , process and manage data effectively . Large private manufacturing , utilities , logistics , banking and retail companies are interested in improving productivity & efficiency .
Healthcare
Healthcare education and training UK healthcare education and training providers may find opportunities in clinical education and training , professional development , leadership and management training , consultancy and advisory services and emergency response and English for nurses .
Digital health technologies and solutions Digital health has become a priority to modernise processes , improve data management , and promote efficiency and delivery of healthcare services . Local hospitals and clinics need electronic health records , patient data management , laboratory information systems .
Clinical services in primary care , oncology and diabetes The Philippines is open to consultancy and possible partnerships in primary care , as well as clinical areas including oncology and diabetes . There are opportunities in primary care consulting and healthcare systems . In addition , there are also opportunities within cancer care consultancy , education , screening , medicine and chemotherapy .