The 2017 Investment Priorities Plan

 Economy
May 292017
 

On Feb. 28, President Rodrigo R. Duterte, through Memorandum Order No. 12, approved the 2017 Investment Priorities Plan (IPP), as drafted by the Board of Investments (BoI). The IPP is issued every three years and lists the priority investment activities that may be eligible for incentives. The IPP is aligned with the goals, priorities and strategies under President Duterte’s 10-point socioeconomic agenda and the framework on the Comprehensive National Industrial Strategy. After publication, the 2017 IPP took effect on March 18, 2017. At present, the BoI is finalizing the general policies and specific guidelines of the 2017 IPP which will set out in detail the criteria and other parameters that the investment activities must meet to qualify for incentives.

IPP meetings start soon

 Economy
Feb 162014
 

CONSULTATIONS for the 2014 Investments Priorities Plan (IPP) will start by the end of this month, a Department of Trade and Industry (DTI) official said, adding that the agency will be taking a sectoral rather than a geographical approach, for increased focus on the industries.

ALI unit seeks BOI perks

 Economy
Dec 092013
 
ALI unit seeks BOI perks

MANILA, Philippines – Ayala Land Inc.’s mass housing unit is seeking incentives from the Board of Investments (BOI) for the expansion of its project in Quezon City. The BOI said Amaia Land Corp. “is applying for registration with the BOI as expanding developer of low-cost mass housing project (Amaia Skies Cubao Tower 3) with a total capacity of 1,043 low-cost mass housing units on a non-pioneer status.” The project is located at EDSA and 5th Avenue, Brgy. Socorro in Cubao. The firm can qualify for income tax holidays if its application would be approved by the BOI. To attract investments, the BOI grants incentives to firms which engage in activities being promoted by the government. Every year, the BOI comes up with the Investment Priorities Plan (IPP) which identifies activities that can qualify for incentives. Business ( Article MRec ), pagematch: 1, sectionmatch: 1 Mass housing is listed as a preferred activity in the 2013 IPP. Other preferred activities in the IPP are agriculture or agribusiness and fishery; creative industries or knowledge-based services; shipbuilding; iron and steel; infrastructure; research and development; green projects; motor vehicles; strategic projects; hospital or medical services; and disaster prevention, mitigation and recovery projects. The 2013 IPP also has a mandatory list covering industries that require their inclusion as provided for under existing laws and covers export activities as well as priority activities identified by the Regional BOI of the Autonomous Region in Muslim Mindanao.