Dyson seeks pioneer-status incentives for Philippine-made products

THE PHILIPPINE UNIT of Dyson Electronics Pte. Ltd., a British-founded technology company that anounced a strategic relocation to Singapore, is seeking pioneer status from the Philippine Economic Zone Authority (PEZA) to manufacture hair dryers, vacuum cleaners and motors for its appliances.

The applications cover production of the V7 and V8 Dyson Digital Motor (DDM), the V7 and V8 vacuum cleaners, the V9 DDM and V9 “Supersonic” hairdryer, and the V10 DDM and V10 vacuum cleaners,

The products are manufactured at Camelray Industrial Park II in Calamba, Laguna, a PEZA ecoomic zone.

The application is based on the final product being first to be produced in the Philippines, which if approved will entitle the company to six years of income tax holidays (ITH), against four years for non-pioneer projects.

“Said application has been officially accepted and is under process in this office,” PEZA said in a notice published Tuesday in a newspaper.

PEZA has solicited comment on the applications, which are due within 15 days of the notice’s publication. — Janina C. Lim