BOI conducts investment roadshow in Palawan

By Victoria Asuncion S. Mendoza | Wednesday 28th of November 2012

PUERTO PRINCESA CITY, Palawan, Nov. 28 (PIA) -- The Board of Investment is set to conduct a roadshow on the 2012 Investment Priorities Plan (IPP) on December 6 in a hotel in this city.

The IPP forum is part of the series of roadshow conducted by BOI in key cities in the country to motivate various stakeholders, partners and other agencies to be an integral part of the IPP.

The IPP highlights the priority sectors and generates awareness among the business communities on what possible investments to pursue that will provide incentives.

The 2012 IPP priority sectors that are eligible for incentives are agriculture/agribusiness and fishery; creative industries/knowledge based services; shipbuilding; mass housing; iron and steel; energy; infrastructure and public private partnership; research and development; green projects; motor vehicles; hospital and medical; disaster prevention, mitigation and recovery projects and strategic projects.

Investments in these sectors hope to address four critical areas which are job creation, enhanced delivery of social services, international competitiveness, and climate change mitigation and adaptation.

Anchored on the theme “A New Day for Investments: ‘Coherent, Consistent, and Creative”, the IPP is "strategically calibrated" to strengthen last year's investment generation by presenting new initiatives that address the existing robust economic development of the country. (DTI/VSM/TBO/PIA4B-Palawan)