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Export Activities Get Top Priority in IPP 2010
Written by Federico Escalona   
Tuesday, 21 September 2010

The Board of Investments (BOI), during the seminar organized by the body in Cebu on 20 September 2010, unveiled the top priority areas for investments in the Investment Priorities Plan 2010 signed by then President Gloria Macapagal Arroyo on 30 April 2010.

The IPP 2010 named the following priority areas:

I. Preferred Activities


  • Contingency List


               Job Saving / Creation Projects

  • Regular List


  1. Agriculture/Agribusiness and Fishery
  2. Infrastructure
  3. Manufactured Products
  4. Business Process Outsourcing (BPO)
  5. Creative Industries
  6. Strategic Activities
  7. Green Projects
  8. Disaster Prevention, Mitigation and Recovery Projects
  9. Research and Development and Innovation

II. Mandatory List

  • Revised Forestry Code of the Philippines
  • Philippine Mining Act of 1995
  • Book Publishing Industry Development Act
  • Downstream Oil Industry Deregulation Act of 1998
  • Ecological Solid Waste Management Act of 2000
  • Philippine Clean Water Act of 2004
  • Magna Carta for Disabled Persons
  • Renewal Energy Act of 2008
  • The Tourism Act of 2009


III. Export Activities

  • Manufacture of Export Products
  • Export Services
  • Activities in Support of Exports


IV. ARMM List


A.  Export Activities


  • Export Trader and Service Exporters
  • Support Activities for Exporters


B.  Agriculture, Agribusiness / Aquaculture & Fishery
C.  Basic Industries
D.  Consumer Manufactures
E.  Infrastructure and Services
F.  Industrial Service Facilities
G.  Engineering Industries
H.  Energy – Related Activities
I.  BIMP – EAGA Trade and Investment Enterprises
J.  Tourism
K.  Health and Education Services and Facilities
L.  Halal Industry

These abovenamed priority areas will enjoy BOI incentives such as tax holiday, tax-free importation of capital equipment, employment of foreign nationals, etc.

Notably, export activities which are a permanent preferred activities every annual version of the IPP is given extra attention in the 2010 version of the IPP as it now include export services and activities in support of exporters. Export activities in the ARMM region is also now classified as a priority area.

The day-long seminar was co-organized by the DTI regional and provincial offices. BOI Gov. Oliver Butalid headed the team from Manila.  More than 200 participants, coming from the different sectors of the Central Visayas area, attended the seminar. Quite visible among the participants were chief executives of the different LGUs from the provinces of Cebu, Siquijor, Bohol and Negros Occidental. Also, representatives from the different media like TV, print and radio, were on hand to report on the activity.