According to the Philippine Commercial News: The Philippine Presidential Palace has announced the "2011 Investment Priorities Plan" (IPP). The plan will take effect on July 27, and the Board of Investments will release its implementing rules and regulations next week.
The biggest difference between this year's Investment Priorities Plan and last year's is the addition of "Public-Private Partnership Projects" (PPP). In addition to this, the other 12 sectors eligible for investment tax incentives include: agriculture and fisheries, creative industries and knowledge-based services, disaster prevention, mitigation and reconstruction projects, energy, green industries, infrastructure, mass housing, motor vehicles, research and development, strategic activities that promote national economic development, shipbuilding, and tourism. Beyond these sectors, export industries, special industries mandated by law, and the Autonomous Region in Muslim Mindanao continue to enjoy investment tax incentives as in previous years.
