The American
Chamber of Commerce of the Philippines (Amcham) seeks to lessen the importation
of completely built-up (CBU) vehicles to allow locally-assembled ones to
thrive.
Amcham
executive director Rob Sears told reporters that imports should be limited to
high-end models because that segment of the market is too small.
American
businessmen want the government to come up with a national automotive policy
that puts focus on assembly and auto parts manufacturing because that would
develop the local supply chain that would create more jobs in the country.
Robert
Sears, executive director of the American Chamber of Commerce of the
Philippines, told reporters in a press conference that government should decide
which automotive activity would generate more jobs – developing the local auto
supply chain or importation or trading of completely built-up units.
BOI wants to revive no-frills utility vehicle assembly
By Ben Arnold O. De Vera
Monday,
16 August 2010
www.manilatimes.net
THE Board of Investments (BOI) wants automotive
manufacturers to invest in the production of vehicles that would serve the mass
as well as export markets. Department of Trade and Industry (DTI)
Undersecretary Cristino Panlilio, who is also BOI managing head, told reporters
that the agency asked assemblers in last Friday’s meeting with the Philippine
Automotive Federation Inc. (PAFI) to revive the production of models similar to
the Fierra, Harabas and Tamaraw of yesteryears.
PAFI is the umbrella organization of auto companies. Panlilio said this type of
vehicles could also be exported to East Timor, Papua New Guinea and African
countries, among others.
