{"id":16418,"date":"2025-09-27T00:37:30","date_gmt":"2025-09-26T22:37:30","guid":{"rendered":"https:\/\/wsj-crypto.com\/?p=16418"},"modified":"2025-09-27T00:37:30","modified_gmt":"2025-09-26T22:37:30","slug":"boi-aims-to-unveil-revamped-sipp-by-years-end","status":"publish","type":"post","link":"https:\/\/wsj-crypto.com\/index.php\/2025\/09\/27\/boi-aims-to-unveil-revamped-sipp-by-years-end\/","title":{"rendered":"BoI Aims to Unveil Revamped SIPP by Year\u2019s End"},"content":{"rendered":"\n

By Justine Irish D. Tabile<\/strong>, Correspondent<\/em><\/span><\/p>\n

The Board of Investments (BoI) announced that the government is currently refining the specifics of the revised Strategic Investment Priority Plan (SIPP) 2025-2028, aiming to unveil the updated roster of projects eligible for incentives within the year.<\/p>\n

During the Arangkada Forum on Friday, BoI Investment Promotions Services Executive Director Evariste M. Cagatan mentioned that the objective is to disclose the new SIPP within the current year.<\/p>\n

\u201cIt is being polished \u2026 The aim is to present it to the Office of the President in the fourth quarter,\u201d she stated.<\/p>\n

On Friday, Ms. Cagatan revealed the suggested list of projects that will be part of the new SIPP.<\/p>\n

\u201cIn Tier 1, we observe sectors that meet contemporary basic demands. It also encompasses sustainability-oriented industries, export functions, and those governed by special regulations,\u201d Ms. Cagatan remarked.<\/p>\n

\u201cOn the other hand, Tier 2 features products and services that are not produced domestically along with import-replacing initiatives, whereas Tier 3 includes highly strategic and innovative-driven endeavors,\u201d she added.<\/p>\n

Concerning modern basic needs, the list encompasses agriculture, fishery and forestry, manufacturing, halal, kosher, and organic-related activities, services, healthcare, disaster risk mitigation management services, infrastructure and logistics, and energy.<\/p>\n

On the other hand, sustainability-oriented industries comprise industrial and hazardous waste treatment, bulk water processing and distribution, wastewater treatment, and projects related to the environment or climate change.<\/p>\n

Ms. Cagatan noted that the BoI aims to assure that investment benefits result in long-lasting economic resilience.<\/p>\n

\u201cThis signifies not just attracting investments but also fostering a conducive atmosphere where innovation flourishes, industries ascend the value chain, and opportunities remain inclusive and sustainable,\u201d she emphasized.<\/p>\n

Referring to the Foreign Investment Promotion and Marketing Plan (FIPMP), Ms. Cagatan stated that the BoI has pinpointed essential growth sectors to promote prolonged growth.<\/p>\n

These sectors include green metals and mineral processing, smart manufacturing, smart agro-industries, renewable energy (RE) value chain, electric vehicle ecosystem, semiconductors and electronics, digital and telecommunications infrastructure, information technology and business process management (IT-BPM), and creatives.<\/p>\n

Under the FIPMP, the government hopes to enhance foreign direct investment by 5%, with an additional growth rate projected yearly until 2028.<\/p>\n

\u201cWith our strategic location in the Indo-Pacific, a wealth of crucial natural resources, and a young, adaptable, tech-savvy workforce along with a large consumer market driven by a growing middle class, the Philippines is strategically positioned to be the preferred destination for these high-value sectors,\u201d she noted.<\/p>\n

Over the past three years, the official indicated that the Philippines\u2019 FDI performance has remained consistent, with net inflows reaching approximately $9 billion in 2024.<\/p>\n

\u201cIn 2024, FDIs were from international investors like Japan, the UK, Singapore, and the United States. For the first half of 2025, total net inflows amounted to $3.4 billion, reflecting sustained investor trust despite global challenges,\u201d she remarked.<\/p>\n

She also pointed out that investment promotion agencies reported a robust pipeline of prospective investments, which reached P1.95 trillion last year, indicating a 32.7% surge from 2023.<\/p>\n

\u201cThis year appears promising as well, with the investment approvals for the first half of 2025 exceeding P480 billion for projects in RE, manufacturing, real estate, transport, and IT-BPM,\u201d she concluded.<\/p>\n

\u201cThese initiatives are anticipated to create around 70,000 jobs. Foreign investments constituted 20%, with inflows from Singapore, South Korea, the US, China, and Japan,\u201d she remarked.<\/p>\n


\n
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By Justine Irish D. Tabile, Correspondent The Board of Investments (BoI) announced that the government is currently refining the specifics of the revised Strategic Investment Priority Plan (SIPP) 2025-2028, aiming to unveil the updated roster of projects eligible for incentives within the year. During the Arangkada Forum on Friday, BoI Investment Promotions Services Executive Director<\/p>\n","protected":false},"author":3,"featured_media":16419,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[25],"tags":[3733],"class_list":["post-16418","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy-and-markets","tag-return-a-list-of-comma-separated-tags-from-this-title-boi-hopes-to-release-updated-sipp-before-yearend"],"yoast_head":"\nBoI Aims to Unveil Revamped SIPP by Year\u2019s End - WSJ-Crypto<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wsj-crypto.com\/index.php\/2025\/09\/27\/boi-aims-to-unveil-revamped-sipp-by-years-end\/\" \/>\n<meta property=\"og:locale\" content=\"it_IT\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BoI Aims to Unveil Revamped SIPP by Year\u2019s End - WSJ-Crypto\" \/>\n<meta property=\"og:description\" content=\"By Justine Irish D. 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