The Board of Investments will submit the final draft of the 2017 Investments Priorities Plan to President Rodrigo Duterte by the end the year.
The plan will give fiscal support to inclusive business projects that benefit the micro, small, and medium enterprises.
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The IPP, a list of priority investment activities given corresponding incentives, is expected to impact on a lot of sectors and industries, especially the manufacturing sector.
Trade Secretary and Board of Investments chairman Ramon Lopez said the target date of submission is considered as milestone undertaking for the agency, given the agency’s historical delays in IPP approval and implementation.
