The proposed project would provide finance for: (a) physical rehabilitation, modernization, and expansion of those textile subsectors which meet the guidelines of the restructuring program; (b) training for management and staff of individual participating textile firms, and provision of necessary technical assistance; (c) establishment of training facilities and programs to benefit the textile industry as a whole; (d) consulting services to assist the Government in: (i) evaluating and supervising participating firms; (ii) monitoring the impact of the restructuring program and developing a textile technology information service; and (iii) undertaking studies for improving the sector's performance.
Details
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Document Date
1982/03/31
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Document Type
Staff Appraisal Report
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Report Number
3700
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Volume No
1
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Total Volume(s)
1
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Country
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Region
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Disclosure Date
2010/06/20
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Disclosure Status
Disclosed
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Doc Name
Philippines - Textile Sector Restructuring Project
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Keywords
garment industry;exemption from import duty;Agriculture, Fishing and Forestry;exemption from income tax;age structure;efficiency of resource use;industrial sector;balance of payment;textile industry;per capita consumption;import substitution policy;unit of production;cost of capital;Manufacturing;overvalued exchange rate;reliance on collateral;lack of competition;integrated steel mill;share of output;number of jobs;machinery and equipment;total gross value;industrial incentive system;weights and measure;industrial policy reform;domestic financial institution;allocation of resource;technical assistance requirement;front end fee;high quality standard;population growth rate;lack of skill;gnp per capita;diseconomies of scale;domestic value added;export documentation requirements;reduction in production;replacement of equipment;manufacturing work force;consumption of energy;per capita term;improvements in efficiency;internationally competitive level;return on investment;access to import;development of infrastructure;real growth rate;lack of infrastructure;raw material;export incentive;tariff reform;import restriction;manufacturing sector;comparative advantage;import license;fiscal incentive;nominal tariff;investment incentive;integrated mill;industrial restructuring;tariff reduction;domestic production;labor productivity;efficient operation;restructuring program;high performance;financial policies;textile product;export production;domestic industry;export market;manufactured export;increase productivity;investment fund;natural fiber;investment requirement;product quality;garment manufacturer;domestic producer;domestic demand;cement industry;continuous filament;man-made fibers;oil price;Financial Sector;Industrial Policies;industrial performance;duty drawback;industrialization strategy;administrative procedure;competitive market;routine tasks;Investment priorities;installed capacity;investment priority;imported inputs;employment opportunity;sectoral composition;rubber products;price elasticity;sector restructuring;knit fabric;basic training;export possibilities;production area;eligibility requirement;dualistic structure;severe problems;textile machinery;Calculate Taxes;home industry;export industry;market forecasts;small-scale supplier;overhead cost;administrative requirement;Capital Investments;accelerated depreciation;cost burden;tariff revision;employment opportunities;long-term finance;industrial growth;export credit;fixed investment;total employment;export sector;demand elasticity;tariff system;synthetic fiber;sewing thread;domestic consumption;Trade Policies;Trade Policy;technical college;financial reform;indirect export;power supply;management performance;quality improvement;competitive price;textile factories;international standard;capital good;local industry;working condition;export orient;increased demand;textile mill;dynamic export;protective device;peak rate;export performance;reasonable estimate;tariff rate;complementary investment;cost production;sectoral goals;annual investment;employment creation;export promotion;price level;cottage industry;Project Monitoring;financial aspect;industry structure;process use;bilateral sources;foreign exchange;general agreement;import liberalization;sectoral adjustment;competitive environment;broad agreement;credit term;industrial exports;reconnaissance mission;policy program;mechanical engineering;leather products;industrial finance;industrial promotion;industrial infrastructure;medium-scale industry;employment generation;preferential treatment;copper smelting;electronic product;financial system;import regulation;financial incentive;tariff protection;external deficit;cotton use;extensive use;commodity price;structural adjustment;transport equipment;import control;banking system;banking reform;investment policy;heavy industry;national resource;protective barrier;foreign plants;capacity utilization;weaving mills;effluent treatment;investment program;energy conservation;production cost
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Citation
Philippines - Textile Sector Restructuring Project (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/417861468293428566/Philippines-Textile-Sector-Restructuring-Project