BOI finalizes investment plan

The government’s new Strategic Investment Promotion Plan (SIPP), which will identify economic activities eligible for tax and other fiscal incentives until 2028, is expected to be approved within the fourth quarter of 2025, according to the Board of Investments (BOI).

- By DEXTER BARRO II

BOI Executive Director Eries Cagatan said the incentives-giving and investment promotion agency (IPA) is currently fine-tuning the details of the 2025-2028 SIPP, pending approval from the BOI board headed by its chair, Trade Secretary Cristina Roque.

Following approval from the BOI board, Cagatan said it will then be submitted to the Office of the President (OP), which is expected to approve the SIPP before the end of the year.