No Foreign Equity g.

Customs Brokerage
1. Mass Media except recording h. Environmental Planning
2. Practice of all professions i. Forestry
j. Geology
a. Engineering k. Interior Design
i. Aeronautical engineering l. Landscape Architecture
ii. Agricultural engineering m. Law
iii. Chemical engineering n. Librarianship
iv. Civil engineering o. Marine Deck Officers
v. Electrical engineering p. Marine Engine Officers
vi. Electronics and Communication engineering q. Master Plumbing
vii. Geodetic engineering r. Sugar Technology
viii. Mechanical engineering s. Social Work
ix. Metallurgical engineering t. Teaching
x. Mining engineering u. Agriculture
xi. Naval Architecture and Marine engineering v. Fisheries
xii. Sanitary engineering w. Guidance counseling

b. Medicine and Allied Professions 3. Retail trade enterprises with paid-up capital of less than
i. Medicine US$2,500,000
ii. Medical Technology - Mentioned repeatedly. Take note.
iii. Dentistry
iv. Midwifery 4. Cooperatives
v. Nursing 5. Private Security Agencies
vi. Nutrition and Dietetics 6. Small-scale Mining
vii. Optometry 7. Utilization of Marine Resources in archipelagic waters,
viii. Pharmacy territorial sea, and exclusive economic zone as well as
ix. Physical and Occupational Therapy small-scale utilization of natural resources in rivers, lakes,
x. Radiologic and X-ray Technology bays, and lagoons
xi. Veterinary Medicine 8. Ownership, operation and management of cockpits
9. Manufacture, repair, stockpiling and/or distribution of
c. Accountancy nuclear weapons
d. Architecture 10. Manufacture, repair, stockpiling and/or distribution of
e. Criminology biological, chemical and radiological weapons and anti-
f. Chemistry personnel mines (Various treaties to which the Philippines is
a signatory and conventions supported by the Philippines)
11. Manufacture of firecrackers and other pyrotechnic devices

Up to Twenty Percent (20%) Foreign Equity Up to Forty Percent (40%) Foreign Up to Sixty Percent (60%) Foreign
 12. Private radio communications network Equity Equity
17. Exploration, development and 27. Financing companies regulated by
Up to Twenty-Five Percent (25%) Foreign utilization of natural resources the Securities and Exchange
Equity Commission
13. Private recruitment, whether for local or 18. Ownership of private lands
overseas employment 28.Investment houses regulated by
19. Operation and management of public the SEC
14. Contracts for the construction and repair utilities
of locally-funded public works except:
a. Infrastructure/development 20. Ownership/establishment and
projects; and administration of educational
b. Projects which are foreign funded institutions
or assisted and required to undergo
international competitive bidding 21. Culture, production, milling,
processing, trading excepting
15. Contracts for the construction of defense retailing, of rice and corn and
related structures acquiring, by barter, purchase or
otherwise, rice and corn and the by-
Up to Thirty Percent (30%) Foreign Equity products thereof
16.Advertising
22. Contracts for the supply of materials,
goods and commodities to
government-owned or controlled
corporation, company, agency or
municipal corporation

23. Project Proponent and Facility

Operator of a BOT project requiring a
public utilities franchise

24. Operation of deep sea commercial

fishing vessels

25. Adjustment Companies

26.Ownership of condominium units

where the common areas in the
condominium project are co-owned
by the owners of the separate units or
 owned by a corporation

Up to Twenty Percent (20%) Foreign Equity Up to Forty Percent (40%) Foreign Up to Sixty Percent (60%) Foreign
1. Private radio communications network Equity Equity
6. Exploration, development and 16. Financing companies regulated by
Up to Twenty-Five Percent (25%) Foreign utilization of natural resources the Securities and Exchange
Equity Commission
2. Private recruitment, whether for local or 7. Ownership of private lands
overseas employment 17.Investment houses regulated by
8. Operation and management of public the SEC
3. Contracts for the construction and repair of utilities
locally-funded public works except:
a. Infrastructure/development 9. Ownership/establishment and
projects; and administration of educational
b. Projects which are foreign funded or institutions
assisted and required to undergo
international competitive bidding 10. Culture, production, milling,
processing, trading excepting
4. Contracts for the construction of defense retailing, of rice and corn and
related structures acquiring, by barter, purchase or
otherwise, rice and corn and the by-
Up to Thirty Percent (30%) Foreign Equity products thereof
5. Advertising
11. Contracts for the supply of materials,
goods and commodities to
government-owned or controlled
corporation, company, agency or
municipal corporation

12. Project Proponent and Facility

Operator of a BOT project requiring a
public utilities franchise

13. Operation of deep sea commercial

fishing vessels
14. Adjustment Companies

15.Ownership of condominium units

where the common areas in the
condominium project are co-owned
by the owners of the separate units or
owned by a corporation