B/E Aerospace B.V., based in Florida, is seeking pioneer status for three aircraft interior projects to qualify for incentives granted by the Philippine Economic Zone Authority (PEZA).
In a notice published Thursday, PEZA said the Philippine branch of the world’s largest supplier of aircraft interior products is seeking recognition as an industry pioneer in three activities.
These involve the manufacture and sale of commercial aircraft galleys; the manufacture, sale, distribution and marketing of commercial aircraft lavatories; and the manufacture, sale, distribution and marketing of beverage makers and rails for aircraft.
“Said application has been officially accepted and is under process in this office,” according to the notice.
If its claim of bringing new technology is accepted, the company could be granted a six-year income tax holiday (ITH), against the four-year ITH for non-pioneer projects.
B/E Aerospace’s Philippine facility is located in Tanauan, Batangas.
The company is a locator at the First Philippine Industrial Park-Special Economic Zone situated in the Calabarzon (Cavite-Laguna-Batangas-Rizal-Quezon) area.
B/E Aerospace is a wholly owned subsidiary of Rockwell Collins Inc. — Janina C. Lim