New SIPP expected by next SONA in July

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New SIPP expected by next SONA in July 09.04.2026

BusinessWorld

The Board of Investments (BoI) plans to release the Strategic Investment Priority Plan (SIPP) 2025-2028 before President Ferdinand Marcos Jr.'s State of the Nation Address (SONA) in July. Trade Undersecretary Ceferino S. Rodolfo confirmed this timeline, noting that the Department of Trade and Industry (DTI) is considering adding coal mining and production to the SIPP. The current draft prioritizes industries addressing modern basic needs, export activities, and sustainability, including agriculture, manufacturing, healthcare, infrastructure, energy, and waste treatment. The SIPP outlines industries eligible for tax incentives under the CREATE Act, aiming to attract high-value investments and boost economic growth, with a government target to increase foreign direct investment by 5% annually until 2028.

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