Los Angeles, USA—The Philippines is strategically positioning itself as a rising force in the global aerospace and satellite technology landscape, initiating high-level discussions with Boeing to accelerate its economic and digital transformation.

Department of Trade and Industry (DTI) Secretary Cristina Roque engaged Boeing Satellite Systems on March 4th at their El Segundo, California facility to deepen collaboration in these high-growth sectors.

The meeting aimed to encourage advanced manufacturing and technology investments under the CREATE MORE law, which offers generous incentives to strategic industries.

“Boeing has long been a key player in aviation and aerospace, and we see enormous potential in leveraging its expertise to develop the Philippines’ aerospace industry, satellite technology, and digital infrastructure,” said Secretary Roque. “With Boeing’s presence in our aviation sector and growing engagement in defense and satellite communications, there is much to explore in terms of knowledge transfer, manufacturing, and investment.”

During the meeting, Boeing President for Satellite Systems International Ryan Reid, provided an in-depth briefing and facility tour, showcasing Boeing’s cutting-edge satellite technologies and their potential to revolutionize the Philippines’ telecommunications, defense, and digital connectivity. Notably, Boeing plans to launch the satellite that will provide communications service in Southeast Asia, including the Philippines by mid of 2025, which will be serviceable by 2026, critical to the country’s digital transformation agenda.

The Philippines already contributes significantly to Boeing’s global supply chain, with 10 Filipino companies producing vital components for commercial aircraft programs, generating around USD 100 million in turnover.

Secretary Roque extended a formal invitation to Boeing to explore investment opportunities under the CREATE MORE framework, which provides enhanced tax incentives for high-tech industries. She also emphasized that the Philippine government is keen on fostering a sustainable aerospace ecosystem, with potential engagements ranging from satellite manufacturing to digital infrastructure development.

With its rapidly expanding digital economy and increasing global interest in aerospace investments, the Philippines is poised to emerge as a key player in space technology and advanced manufacturing. Boeing’s longstanding partnership with the country, dating back to its early collaboration with Philippine Airlines, provides a solid foundation for deeper cooperation in these forward-looking sectors.

“We are eager to continue working with Boeing to build a more connected, resilient, and future-ready Philippines,” the trade chief added. “Our focus on innovation and strategic industry alliances will ensure our competitiveness in the evolving global digital and aerospace arena.”

The Philippine delegation also included DTI Assistant Secretary Nylah Rizza Bautista and Trade Commissioner Eric Elnar. ♦

Date of Release: 08 March 2025

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