The Board of Investments (BOI) is inviting interested parties and stakeholders to participate in the public consultation on the proposed the Strategic Investment Priority Plan (SIPP) tomorrow (February 18, 2022).

Aiming to gather comments and inputs to improve and refine the draft SIPP, the public consultation will be led by Trade Undersecretary and BOI Managing Head Ceferino Rodolfo and Trade Undersecretary Rafaelita Aldaba. Joining them are BOI Governor Napoleon Concepcion and BOI Director Sandra Marie Recolizado.

Serving as the leader of the country’s investment promotion agencies (IPAs), the BOI is finalizing the SIPP, which is a critical tool in attracting potential investors to the Philippines. To date, a transitional SIPP is in effect based on the BOI’s 2020 Investment Priorities Plan (IPP). Throughout the drafting, a number of industry studies and parameters have been considered.

The SIPP is a provision under Republic Act No. 11534, otherwise known as the Corporate Recovery and Tax Incentives for Enterprises Act (CREATE), which lists the investment projects and economic activities entitled to investment incentives.

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