Although the Philippines is more known for electronics assembly and BPO, it has gradually built an aerospace parts manufacturing niche. The government’s Board of Investments promotes the sector, citing success stories like Lufthansa Technik’s MRO facilities and several local producers of aircraft interiors.

Foreign investors can benefit from economic zones near Clark and Subic, offering tax incentives. Skilled labor costs are comparatively lower than Singapore or Malaysia, and the workforce has English proficiency.

Opportunities revolve around precision machining, wire harnesses, cabin interiors, and maintenance/repair/overhaul (MRO) expansions. This complements the country’s broader push to be a logistics and manufacturing hub.

Silberstein + Partners is helping companies in the engineering & manufacturing industry to take advantage of this growth opportunity. Get in touch to find out more.