{"id":92694,"date":"2017-03-06T19:53:01","date_gmt":"2017-03-07T00:53:01","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=92694"},"modified":"2017-03-06T19:53:01","modified_gmt":"2017-03-07T00:53:01","slug":"govt-to-enforce-new-ipp-on-march-18","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2017\/03\/06\/govt-to-enforce-new-ipp-on-march-18\/","title":{"rendered":"Gov\u2019t to enforce new IPP on March 18"},"content":{"rendered":"<figure id=\"attachment_89061\" aria-describedby=\"caption-attachment-89061\" style=\"width: 1500px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2017\/02\/ph20-020817_FRIAS3.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-89061\" src=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2017\/02\/ph20-020817_FRIAS3.jpg\" alt=\"The 2017 Investment Priorities Plan (IPP) will be enforced on March 18 after President Rodrigo Duterte approved the IPP through Memorandum Order No. 12 last week. (Photo: Alfred Frias\/ Presidential Photo)\" width=\"1500\" height=\"1000\" srcset=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2017\/02\/ph20-020817_FRIAS3.jpg 1500w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2017\/02\/ph20-020817_FRIAS3-300x200.jpg 300w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2017\/02\/ph20-020817_FRIAS3-768x512.jpg 768w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2017\/02\/ph20-020817_FRIAS3-1024x683.jpg 1024w\" sizes=\"auto, (max-width: 1500px) 100vw, 1500px\" \/><\/a><figcaption id=\"caption-attachment-89061\" class=\"wp-caption-text\">The 2017 Investment Priorities Plan (IPP) will be enforced on March 18 after President Rodrigo Duterte approved the IPP through Memorandum Order No. 12 last week. (Photo: <a href=\"http:\/\/pcoo.gov.ph\/wp-content\/uploads\/2017\/02\/ph20-020817_FRIAS3.jpg\">Alfred Frias\/ Presidential Photo<\/a>)<\/figcaption><\/figure>\n<p>MANILA\u2014The 2017 Investment Priorities Plan (IPP) will be enforced on March 18 after President Rodrigo Duterte approved the IPP through Memorandum Order No. 12 last week.<\/p>\n<p>The IPP is a list of investment activities identified by the government for fiscal and non-fiscal incentives.<\/p>\n<p>The new IPP has a theme of \u201cScaling Up and Dispersing Opportunities\u201d, reflecting the administration\u2019s 10-point economic agenda and supporting the goal of Philippine Development Plan 2017-2020 and the aspirations of the AmbisyonNatin 2040.<\/p>\n<p>Included in the IPP list are innovation-driven and job-intensive economic activities such as inclusive business for agribusiness and tourism; manufacturing; information technology and IT-related services for the domestic market and telecommunications services for new market players; environment and climate change-related projects; local government unit-initiated public-private partnership projects; drug rehabilitation centers; state-of-the-art engineering, procurement and construction services; and the lifting of geographical restrictions for most agriculture and tourist accommodation facilities.<\/p>\n<p>In a statement on Monday, the Board of Investments (BOI) confirmed that President Duterte had approved the 2017 IPP as proposed by the agency.<\/p>\n<p>\u201cThis development is concrete proof of the administration\u2019s decisiveness to further propel the growth of investments and job generation in the country and attain sustainable economic growth,\u201d Trade Secretary and BOI Chairman Ramon Lopez said.<\/p>\n<p>Meanwhile, the BOI will conduct IPP Roadshow in key cities nationwide to inform stakeholders on the opportunities of the new IPP.<\/p>\n<p>Last year, the BOI approved Php 442-billion worth of investment, an increase of 21 percent from 2015\u2019s investment approval of Php 367 billion.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MANILA\u2014The 2017 Investment Priorities Plan (IPP) will be enforced on March 18 after President Rodrigo Duterte approved the IPP through &hellip;<\/p>\n","protected":false},"author":33,"featured_media":89061,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[16209],"class_list":["post-92694","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-investment-priorities-plan","mauthors-kris-m-crismundo","mauthors-philippine-news-agency"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/92694","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/users\/33"}],"replies":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/comments?post=92694"}],"version-history":[{"count":0,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/92694\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/89061"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=92694"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=92694"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=92694"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}