The Philippines will showcase world-class aerospace and aviation products and services at the Singapore Airshow 2016 from 16-21 February 2016. The Singapore Airshow is ASEAN’s premier event for the aerospace manufacturing and support industries. Philippine key industry players, composed of aviation parts and components manufacturers, maintenance, repair and overhaul providers (MROs), airlines, and aviation training organizations will participate in the said event.
“Our participation in the Singapore Airshow affirms the confidence and competitiveness of the local aerospace manufacturing and aviation industries. These industries have charted significant growth and we see these maturing industries ready to compete in the global market,” Department of Trade and Industry (DTI) Undersecretary for Industry Development and Board of Investments (BOI) Managing Head Dr. Ceferino S. Rodolfo said.
Rodolfo explained that participating in the Singapore Airshow implements one of the strategic initiatives outlined in the Aerospace Industry Roadmap.
“The growth of the aerospace and aviation industry will mean more export earnings for the country and more quality jobs for Filipinos particularly for the country’s graduates of aviation-related courses. We will take advantage of the Airshow, and others of this nature, as an opportunity to create traction for our positioning to be the aerospace manufacturing hub for ASEAN,” he said.
The Aerospace Industry Roadmap projects export revenues of up to $1.5 billion in the next 10 years. Export revenues were at US$5.9 million in 2008, US$226 million in 2014, and by the 3rd quarter of 2015, revenues registered US$309 million.
Meanwhile, figures from the Commission on Higher Education (CHED) also indicated an uptrend in the number of graduates of aviation-related programs in the country. The graduates of aviation-related programs went up from 6,894 in 2009 to 9,453 in 2013, according to CHED.
Aerospace parts are currently being manufactured in the CALABARZON area as well as in Baguio city located in the Cordillera Autonomous region. Maintenance, repair and overhaul providers are located in Clark, Pampanga while aviation trainings are offered in the Central Luzon region.
The BOI, in coordination with the Department of Science and Technology – Metals Industry Research and Development Center (DOST-MIRDC), supported the local aerospace industry, represented by the Aerospace Industries Association of the Philippines (AIAP) and aerospace parts suppliers, to develop the roadmap. An Industry Roadmap details a sector’s current situation and outlines the various interventions it needs to be globally-competitive. The roadmaps are crafted by the local industries with the guidance of BOI and other government agencies.
The local industries’ participation in the event is organized by the BOI, the industry development and investments promotion arm of the DTI, in coordination with the Foreign Trade Service Corps, and the Civil Aviation Authority of the Philippines.