Order cuts processing time of exports at Clark ecozone
08/01/2008 | 06:40 PM
MANILA, Philippines - Instead of one week, shipment processing of electronics goods from the Clark Export Processing Zone (CEPZ) will be cut to four days, thanks to a joint order endorsed by two agencies.
By expanding the coverage of the Automated Export Documentation System (AEDS), the Philippine Economic Zone Authority (PEZA) and the Bureau of Customs will ensure the faster shipment processing time of semiconductors and electronics goods, the country’s top export.
Besides reducing transport costs, the order is also expected to accelerate the development of the Diosdado Macapagal International Airport.
The new system was developed—and will be implemented at Clark where 3,000 such shipments are handled—in response to an urgent recommendation of the Semiconductors and Electronics Industries in the Philippines, Inc. (SEIPI). The group’s member-companies account for more than half of the Philippines’ foreign revenues from exports.
“On-time delivery is a critical concern for global competitiveness" PEZA director-general Lilia De Lima said.
The documentation system was first implemented for export shipments originating from the Ninoy Aquino International Airport. It was later expanded to cover foreign-bound goods from the Mactan International Airport.
The system may be expanded to cover ports in Batangas and Davao. - GMANews.TV
By expanding the coverage of the Automated Export Documentation System (AEDS), the Philippine Economic Zone Authority (PEZA) and the Bureau of Customs will ensure the faster shipment processing time of semiconductors and electronics goods, the country’s top export.
Besides reducing transport costs, the order is also expected to accelerate the development of the Diosdado Macapagal International Airport.
The new system was developed—and will be implemented at Clark where 3,000 such shipments are handled—in response to an urgent recommendation of the Semiconductors and Electronics Industries in the Philippines, Inc. (SEIPI). The group’s member-companies account for more than half of the Philippines’ foreign revenues from exports.
“On-time delivery is a critical concern for global competitiveness" PEZA director-general Lilia De Lima said.
The documentation system was first implemented for export shipments originating from the Ninoy Aquino International Airport. It was later expanded to cover foreign-bound goods from the Mactan International Airport.
The system may be expanded to cover ports in Batangas and Davao. - GMANews.TV
