www.piamo.gov.ph/pia The Phividec Industrial Authority (PIA) is a fully owned and controlled corporation of the Government of the Republic of the Philippines. It was established on August 13, 1974 by Presidential Decree 538 as amended by PD 1491. It is mandated to identify and develop sites in the country as prospective industrial areas. PIA will equip these areas with the necessary infrastructures to encourage the inflow of domestic and foreign investments.

The development of these sites is in accordance with the Philippine Government’s policy to disperse industries to the countryside as a means of equitably distributing resources, and as a vehicle to catalyze and sustain social and economic development in the Philippines.

At present, PIA manages, administers and supervises the 3,000-hectare Phividec Industrial Estate in Misamis Oriental (PIE-MO). PIE-MO is located in the Municipality of Tagoloan and Villanueva, Misamis Oriental. The PIE-MO is one of the largest industrial estates in the Philippines.

One of the biggest infrastructures inside the PIE-MO is the Mindanao Container Terminal (MCT). The MCT caters containerized cargoes both destined for domestic and international markets.

The following Incentives are offered to prospective locators in PIE-MO: Low land lease rates ; exemption from customs duties and taxes if goods are 50-70% for export (Domestic and Foreign companies) ; availment of Board of Investments’ privileges if eligible for BOI-registration ; and availment of Philipine Economic Zone Authority’s privileges if eligible for PEZA-registration

Within PIE-MO is also a special economic zone established through Proclamation No. 1485. A total of 1,072 hectares of land in Tagoloan and Villanueva are declared PEZA economic zone. A portion of the Economic Zone is the location of the proposed Ship Building Facility of the Hanjin Heavy Industries and Construction-Mindanao (HHIC-Mindanao). The rest of the declared areas are still available for interested investors.

Investment Priority Areas

  • Manufacturing
  • Steel/Metal
  • Shipbuilding
  • Food Processing
  • Port Logistics and Ancilliary Services

Incentives

    • Low land lease rates
    • Exemption from customs duties and taxes if goods are 70% for export
    • Availment of Board of Investments (BOI) and/or Philippine Economic Zone Authority (PEZA) privileges if eligible for registration

BOI Privileges

PEZA Priveleges

  • Income Tax Holiday (ITH)
  • Exemption From Taxes And Duties On Imported Spare Parts
  • Exemption From Wharfage Dues And Export Tax, Duty, Impost and Fees
  • Tax Exemption On Breeding Stocks and Genetic Materials
  • Tax Credits
  • Additional Deductions From Taxable Income
  • Income Tax Holiday (ITH), 4-8 years
  • 5% Special Tax on gross income, after ITH in lieu of all local and national taxes
  • Value Added Tax (VAT) zero-rating

Contact

Mr. Leo Tereso A. Magno Administrator Email: leomagno@rmcdavao.com Tel. No: (088) 567-0260 (088) 567-0135 Address: Mindanao Container Terminal, Tagoloan, 9000 Misamis Oriental Engr. Avalyn Cahulogan Corporate Planning and Business Development Port Magmt. Dept. Email: aacahulogan@gmail.com Tel. No: (08822) 740-245 loc.221 Fax No: (08822) 740-294