Investment promotion agencies have welcomed the newly approved 2026 Strategic Investment Priorities Plan (SIPP), saying it positions the Philippines to compete for high-value investments in advanced manufacturing, digital infrastructure, clean energy, and other industries expected to drive future economic growth.
Tereso Panga, director-general of the Philippine Economic Zone Authority, described the updated framework as a shift from simply attracting investment volume to prioritizing projects that generate long-term economic value, innovation, and resilience.
“The new SIPP signals to the world that the Philippines is ready to embrace the industries of the future,” Panga said, noting that the plan aligns with global trends in Industry 4.0, sustainability, and technology-driven growth.
The 2026 SIPP expands government support for sectors such as advanced electronics, semiconductors, electric vehicle supply chains, pharmaceuticals, logistics, renewable energy, artificial intelligence, and digital infrastructure.
Panga said the framework complements PEZA’s efforts to develop modern economic zones, improve infrastructure, and create integrated business ecosystems for global investors.
The Aurora Pacific Economic Zone and Freeport Authority also endorsed the plan, saying it supports the agency’s ambition to transform Aurora into a hub for defense-related industries, fisheries, logistics, and renewable energy investments.
Gil G. Taway IV said the SIPP’s priority sectors closely match APECO’s long-term development strategy, particularly in agriculture, fisheries, transport, clean energy, and innovation-led industries.
The endorsements come after President Ferdinand R. Marcos Jr. approved the 2026 SIPP, which serves as the government’s blueprint for identifying activities eligible for incentives under the CREATE Act.
Beyond attracting capital, the plan seeks to channel investments toward industries that can create quality jobs, accelerate technology transfer, strengthen regional development, and enhance the country’s competitiveness.
Investment officials say the updated framework signals a more targeted approach to economic development as the Philippines positions itself for the next wave of global investment flows.
