JUser: :_load: Unable to load user with ID: 654

The 2010 Investment Priorities Plan

Every year, the Philippine Board of Investments (BOI) draws up an Investment Priorities Plan (IPP) as required under the Omnibus Investments Code of 1987 and submits this to the Cabinet and the President for approval and implementation. The IPP, as an annual planning document, outlines various investment areas that the BOI has identified as preferred activities and would help sustain economic growth and drive infrastructure development. Investment activities specified in the 2010 IPP would be eligible for incentives in accordance with existing BOI policies. Key points of the 2010 IPP are highlighted below:

List of Priority Investment Areas

Contingency List

Job saving/creation projects:

  • existing projects and/or activities affected by the global economic crisis that will at least retain investments and either maintain current number of workers, reinstate laid-off workers to equal their pre-crisis number, or increase current number of workers

Note: The Contingency List is a temporary inclusion in the IPP to enable existing enterprises to recover from the effects of the global crisis and will be delisted once it is officially determined by the National Economic Development Authority (NEDA) that the crisis has abated.

Regular List

Agriculture/Agribusiness and Fishery:

  • production and processing of agricultural and fishery products (including by-products and wastes);
  • biofuels, feeds, and fertilizers;
  • biotechnological products and services


  • transport (air, water, and mass rail);
  • water (supply and/or distribution);
  • logistics;
  • energy (power generation projects, projects under the PSALM privatization plan, missionary power generation projects, and rehabilitation of power plants);
  • waste management facilities;
  • mass housing;
  • physical infrastructure;
  • pipeline projects for oil and gas; and
  • projects under the Build-Operate-Transfer (BOT) law

Manufactured Products:

  • shipbuilding;
  • manufacture of machinery and equipment (including their parts and components);
  • other transport equipment (air, water and land) including parts and components;
  • cement;
  • modular housing components (for mass housing projects);
  • iron and steel products;
  • manufacture of chemical compounds or biological substances, other than food, for use in treatment, prevention or diagnosis of disease in humans or animals, including:
    • articles recognized in the official Pharmacopoeia or national drug formulary;
    • articles intended for use as a component of the articles in preceding item;
    • herbal and/or traditional drugs, i.e. articles of plant or animal origin used in alternative medicine


Business Process Outsourcing (BPO):

  • voice and non-voice IT-enabled services including procurement and sourcing services

Creative Industries:

  • non-BPO IT-enabled services and film, TV and theater arts production

Strategic Activities:

Strategic Activities:

  • projects that exhibit high social economic returns and require large investments that will strengthen the country's economic development taking into consideration any two (2) of the following:
    • minimum project cost of the peso equivalent of US$300 million;
    • employment generation of at least 1,000;
    • use of new, emerging and technologically advanced products/services involving breakthrough processes and innovation

    Note: Projects applied for as strategic activities will be approved by the BOI in consultation with the Department of Finance, the National Economic Development Authority and other government agencies.

Green Projects:

  • production of goods (e.g. capital equipment, lighting, and construction materials), the use of which promotes effiicient use of energy, natural resources, raw materials, or minimizes/prevents pollution;
  • systems/processes that involve application of cleaner and more efficient technologies to reduce carbon and/or other greenhouse gases emission

Disaster Prevention, Mitigation and Recovery Projects:

  • projects to prevent or mitigate adverse impacts of calamities and disasters (e.g. installation of flood control systems, installation of early warning systems for typhoons, earthquake incidents, tsunami, volcanic eruptions, dike collapses, etc.)
  • projects to rehabilitate areas affected by calamities and disasters (e.g. rebuilding of roads and bridges, oil spill clean-up, etc.)
  • training for disaster preparedness, mitigation or recovery/rehabilitation/reconstruction

Research and Development and Innovation:

  • commercial and in-house R&d activities
  • establishment of Centers of Excellence (COE);
  • innovation and skills development training institutions

Click here for Online Business Inquiry Form

Mandatory List

Activities that are required for inclusion in the IPP under existing laws:

Revised Forestry Code of the Philippines (Presidential Decree 705)

Read full text of Presidential Decree 705

  • extensive plantation of forest land of tree crops (except fruit trees) for commercial and industrial purposes (generally not entitled to income tax holiday)

Philippine Mining Act of 1995 (Republic Act 7942)

Read full text of Republic Act 7942

  • exploration and development of mineral resources, mining, quarrying and processing of metallic and non-metallic minerals

Book Publishing Industry Development Act (Republic Act 8047)

Read full text of Republic Act 8047

  • printing, re-printing, publication and content development of books or textbooks

Downstream Oil Industry Deregulation Act of 1998 (Republic Act 8479)

Read full text of Republic Act 8479

  • refining, storage, distribution, and marketing of petroleum products in government-identified logistics hubs

Ecological Solid Waste Management Act of 2000 (Republic Act 9003)

Read full text of Republic Act 9003

  • establishment of waste recycling facilities

Philippine Clean Water Act of 2004 (Republic Act 9275)

Read full text of Republic Act 9275

  • industrial wastewater treatment facilities, sewage collection integrated with treatment facilities, and adoption of water pollution control technology, cleaner production and waste minimization

Magna Carta for Disabled Persons (Republic Act 7277)

Read full text of Republic Act 7277

  • manufacture of technical aids and appliances for the use and/or rehabilitation of disabled persons, and the establishment of special schools, homes, residential communities or retirement villages solely to suit the needs and requirements of persons with disability

Renewable Energy Act of 2008 (Republic Act 9513)

Read full text of Republic Act 9513

  • developers of renewable energy facilities, including hybrid systems
  • manufacturers, fabricators and suppliers of locally-produced renewable energy (RE) equipment and components

The Tourism Act of 2009 (Republic Act 9593)

Read full text of Republic Act 9593

covers tourism enterprise that are outside tourism enterprise zones (TEZs) and engaged in:

  • tour operations
  • tourist transport services whether for land, sea and air transport for tourist use
  • establishment and operation of accommodation establishments such as but not limited to hotels, resorts, apartment hotels, tourist inns, motels, pension houses, private homes for homestay, ecolodges, condotels, serviced apartments, and bed and breakfast facilities
  • convention and exhibition facilities or "meetings, incentives, conventions, and exhibition" (MICE) facilities;
  • amusement parks;
  • adventure and ecotourism facilities;
  • sports facilities and recreational centers;
  • theme parks
  • health and wellness facilities, such as but not limited to spas, tertiary hospitals, and ambulatory clinics
  • agri-tourism farms and facilities; and
  • tourism training centers and institutes

There are also investment incentives available for export activities, including manufacture of export products, export services, and activities in support of exporters, as well as a special priority list for the Autonomous Region of Muslim Mindanao. You may download and read the entire 2010 Investment Priorities Plan below.

The Board of Investments 2010 Investment Priorities Plan
This document provides complete details about the 2010 Investment Priorities Plan as issued by the Board of Investments and approved by the President of the Philippines.
2010 Investment Priorities Plan.pdf
Adobe Acrobat Document 5.0 MB
For more information on the Philippines as an investment destination and available investment incentives, please visit the Board of Investments website.