Philippines Tenders: Gateway for Entering the Commercial Domain
A flourishing economy, Philippines offers numerous opportunities for aspirant entrepreneurs for
promoting their business and making profits by bidding and winning numerous Philippines tenders
floated in various fields.
Exports and Agriculture Dominate Philippines Tenders
Major scope in Philippines tenders are available in respect of agricultural products and export items.
Most of the tenders relate to:
Fruits like coconuts, cassavas, bananas, pineapples, and mangoes.
Cash crops like sugarcane are one of the major items for Philippines tenders.
Crops like rice, corn, and such others.
Garments, footwear and related items.
Pharmaceutical items and chemicals.
Food processing industry.
Wood industry is also an important part of Philippines tenders.
Petroleum and refinery industry.
Chemical industry is one sector where Philippines tenders are growing fast.
Economic Scenario and Philippines Tenders
Economic scenario in the country is that the government is trying its best to streamline the economic
activities and for this purpose they are coming up with new trade regulations relating to Philippines
tenders at periodic intervals. In addition, they are also extensively taking steps for improvement of
infrastructure and a major shift is towards privatization of most of the industries. Apart from the
industries listed above, a large number of Philippines tenders are also generate by the local construction
industry.
Philippines Tenders by Categories
In the product sectors in the economy, major Philippines tenders providing opportunities for
entrepreneurs are available in the following sectors in chronological descending orders:
• Construction and related works.
• Pharmaceuticals and chemical products supplies.
• Office stationeries, equipments, and computer related supplies.
• Fabricated products as well as such materials forming subject matter of Philippines tenders.
• Machineries and equipments as well as their associated products.
• Motor vehicles and trailers and related products.
• Manufactured goods, handicrafts, furniture, and special purpose products.
• Electrical machineries, equipments as well as perishable electrical and electronic products.
• Industrial process control equipments.
• Manmade fibers and synthetic products.
• Telecommunication, radio and TV related works are coming up fast and numerous Philippines
tenders are floated in respect of these items.
Services Sector Opportunities in Philippines Tenders
Usually the major scope in service related Philippines tenders are offered in the field of construction and
building industries as well as their related fields like legal, accounting, and documentations. Consultancy
work is the major source of tenders in the country.
Recent Trends in Philippines Tenders
Aspirant entrepreneurs can realize the features of Philippines tenders and the current trend of
the economy by learning about some of the recent tenders. A recent transaction concluded by the
Philippines government was that with seven firms for importing around 21,850 tons of sugar. In fact the
bid was for 21,900 tons but a small amount of around 50 tons failed to conform to the specifications
and prescribed requirements of the tenders floated and the auction rules of the country. In two earlier
auctions government had also permitted import of 37,300 tons of sugar.
Such sugar import indicates the heavy dependence of the economy on agriculture. Due to failure of
sugar crop due to extreme dry weather, the imports became necessary. Nonetheless such imports and
connected Philippines tenders also opened up several avenues of making business and earning profits
for numerous small and large entrepreneurs.
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