google-site-verification: google93d099539a9b9503.html Cyberpark Technology Hubs: Standards for Foreign Contractors

Thursday, October 11, 2012

Standards for Foreign Contractors

Advice to Foreign Contractors:

1.  The standards for foreign contractors for the THP I-III undertakings will vary from country to country.

2.  There will be separately drawn contract terms between Cyberpark and foreign entities, suitable to the culture and legal requirements of both the Philippines and the country of origin of the foreign contractor.

3.  In case of dispute, Philippine law will be applied only to a minimum, the provisions of international arbitration shall be invoked.

In brief, there will be least restrictions for the entry of foreign contractors, as long as they will comply with the reglamentary procedures for foreign companies to undertake business in the Philippines, including the acquisition or application for the appropriate visas for their executives, middle level managers and supervisors as well as staff.  On this score, there will be ample capability for the Procuring Entity to provide assistance to the Contractor, if and when it will be requested.

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