The TIEZA – Tourism Infrastructure and Enterprise Zone Authority was featured on the 28th General Membership Meeting of the Israel Chamber of Commerce of the Philippines (ICCP), titled โRevitalizing the Economy with TIEZA,โ held on 19 April 2023 at the Fairmont Makati.
Speaking at the event was Assistant Chief Operating Officer for the Tourism Enterprise Zone Management Sector, Atty. Karen Mae G. Sarinas-Baydo who represented the Authority.
With tourism as the major pillar of economic growth, the Department of Tourism (DOT) espouses the 7-Point Agenda which highlights improving tourism infrastructure and accessibility and enhancing the overall tourist experience.
Atty. Sarinas-Baydo introduced how the Authority contributes to this thrust through its mandate, and underscored the efforts and initiative of TIEZA in championing a resilient and sustainable tourism in the country.
She then outlined the infrastructure projects of TIEZA and promoted the viable area of investments available in TIEZA Assets and Flagship Tourism Enterprise Zones for public and private partnerships.
Likewise, Atty. Sarinas-Baydo presented registrable tourism enterprises that may apply with TIEZA for the grant of the tax and duty incentives under the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act such as Income Tax Holiday, Enhanced Deductions, and Duty Exemption on Importation of Capital Equipment, among others.
Registrable projects and activities include the following, tourist transport services, accommodation establishment, convention and exhibition facilities or MICE, amusement parks, adventure and eco-tourism facilities, sports facilities and recreational centers, health and wellness facilities, theme parks, farm tourism, tourism training centers and institutes, development of retirement villages, and restoration or preservation and operation of historical shrines landmarks and structures.
โ๐๐ช๐ง ๐ง๐๐๐๐จ๐ฉ๐ง๐๐ฉ๐๐ค๐ฃ ๐๐ฃ๐ ๐๐๐ก๐๐ฃ๐ ๐๐๐๐จ ๐๐๐ซ๐ ๐๐๐๐ฃ ๐ก๐ค๐ฌ๐๐ง๐๐ ๐ง๐๐๐๐ฃ๐ฉ๐ก๐ฎ ๐๐ฃ๐ ๐ค๐ช๐ง ๐๐๐ฅ๐๐ฉ๐๐ก ๐๐ฃ๐ซ๐๐จ๐ฉ๐ข๐๐ฃ๐ฉ ๐ฉ๐๐ง๐๐จ๐๐ค๐ก๐ ๐๐๐จ ๐๐๐๐ฃ ๐ง๐๐๐ช๐๐๐. ๐๐ค๐ช ๐๐๐ฃ ๐๐ซ๐๐ฃ ๐ง๐๐๐๐จ๐ฉ๐๐ง ๐ข๐๐๐ง๐ค, ๐จ๐ข๐๐ก๐ก, ๐ข๐๐๐๐ช๐ข, ๐๐ฃ๐ ๐ก๐๐ง๐๐ ๐๐ฃ๐ฉ๐๐ง๐ฅ๐ง๐๐จ๐๐จ ๐๐ค๐ง ๐๐จ ๐ก๐ค๐ฃ๐ ๐๐จ ๐๐ฉ ๐๐๐ก๐ก๐จ ๐ช๐ฃ๐๐๐ง ๐ฉ๐๐ ๐ง๐๐๐๐จ๐ฉ๐ง๐๐๐ก๐ ๐๐ฃ๐ฉ๐๐ง๐ฅ๐ง๐๐จ๐๐จ,โ Atty. Sarinas-Baydo reiterated during her presentation.
TIEZA had also set up an information booth to cater and address the inquiries of the participants as well as to network for potential investors.
TIEZA has always been consistent in advancing partnerships for the sustainability of the Philippine tourism industry and ultimately help boost the local economy through generating employment and livelihood opportunities in the investment destination areas.
The Ambassador of Israel to the Philippines, H.E. Ilan Fluss was among the notable guests during the event along with other key stakeholders in the industry.
Mr. Yoray Ofek, ICCP President, emphasized the significance of learning the advantages and benefits that are available for investors in the tourism sector in the country through TIEZA, โ๐๐๐๐จ ๐๐จ ๐ข๐ช๐ฉ๐ช๐๐ก๐ก๐ฎ ๐๐๐ฃ๐๐๐๐๐๐๐ก ๐๐ค๐ง ๐ฉ๐๐ ๐ฅ๐ง๐๐ซ๐๐ฉ๐ ๐๐ค๐ข๐ฅ๐๐ฃ๐๐๐จ ๐๐๐ฉ๐ฉ๐๐ฃ๐ ๐ฉ๐๐ค๐จ๐ ๐๐ฃ๐๐๐ฃ๐ฉ๐๐ซ๐๐จ; ๐ค๐ช๐ง ๐๐ฃ๐ซ๐๐จ๐ฉ๐ข๐๐ฃ๐ฉ๐จ ๐ฌ๐๐ก๐ก ๐๐๐ก๐ฅ ๐๐ฃ ๐๐ง๐๐๐ฉ๐๐ฃ๐ ๐ข๐ค๐ง๐ ๐๐ค๐๐จ ๐๐ฃ๐ ๐๐๐ค๐ฃ๐ค๐ข๐๐ ๐๐ฃ๐๐๐ฃ๐ฉ๐๐ซ๐๐จ ๐๐ค๐ง ๐ฉ๐๐ ๐ก๐ค๐๐๐ก ๐๐ค๐ข๐ข๐ช๐ฃ๐๐ฉ๐๐๐จ. ๐ ๐๐ค๐ฅ๐ ๐ฉ๐๐ง๐ค๐ช๐๐ ๐ฉ๐๐๐จ ๐๐ซ๐๐ฃ๐ฉ, ๐ฌ๐ ๐๐ง๐ ๐๐๐ก๐ ๐ฉ๐ค ๐๐ค๐ฃ๐ฉ๐ง๐๐๐ช๐ฉ๐ ๐ฉ๐ค ๐ฉ๐๐ ๐๐ง๐ค๐ฌ๐ฉ๐ ๐ค๐ ๐ฉ๐๐ ๐๐๐ค๐ฃ๐ค๐ข๐ฎ ๐ฌ๐๐ฉ๐ ๐ฉ๐๐ ๐๐จ๐จ๐๐จ๐ฉ๐๐ฃ๐๐ ๐ค๐ ๐ฉ๐๐ ๐๐ค๐ช๐ง๐๐จ๐ข ๐๐ฃ๐๐ง๐๐จ๐ฉ๐ง๐ช๐๐ฉ๐ช๐ง๐ ๐๐ฃ๐ ๐๐ฃ๐ฉ๐๐ง๐ฅ๐ง๐๐จ๐ ๐๐ค๐ฃ๐ ๐ผ๐ช๐ฉ๐๐ค๐ง๐๐ฉ๐ฎ.โ
The ICCP as a private, independent and non-profit organization has been constantly conducting ambassadorโs forum, general membership meetings, business forums, and civic and community service in the Philippines to uphold to their mission statement in contributing civic, social and economic development in the country.
Interested investors may contact our TEZ Management Secretariat at 8249-5900 local 724 or e-mail us at tez.secretariat@gmail.com and tez.secretariat@tieza.gov.ph. You may also follow us on Facebook at www.facebook.com/tezmgmt and on LinkedIn at www.linkedin.com/in/tezmgmt.