SIPP shift signals longer investment policy horizon

The government is laying the groundwork for a longer-term investment roadmap by aligning the Strategic Investment Priority Plan (SIPP) with the six-year Philippine Development Plan (PDP), a shift aimed at giving investors greater policy certainty while accelerating the country’s industrial transformation.

The Board of Investments (BOI) formally launched the nationwide roadshow for the 2026-2028 SIPP on July 10, unveiling a broader slate of priority industries while signaling that future editions of the investment blueprint could eventually adopt the PDP’s six-year planning horizon.

The proposed shift reflects the government’s push to move away from shorter investment cycles toward a more predictable framework that gives investors greater confidence to pursue long-term projects.

Finance Secretary Frederick Go said countries are increasingly relying on industrial policy to strengthen competitiveness, build resilient supply chains and secure future growth, with the SIPP serving as the Philippines’ roadmap for directing investments into strategic sectors.

“Through CREATE MORE and the SIPP, the government is pursuing a more targeted and outcomes-driven approach to investment promotion,” Go said, adding that the administration remains focused on improving the ease of doing business, lowering costs and ensuring policy predictability.

The updated SIPP introduces a new Modern Basic Needs category, consolidating investment priorities across manufacturing, agriculture, services, infrastructure, logistics, healthcare and energy. It also broadens incentives for high-value industries such as critical minerals and green metals, renewable and emerging energy technologies, artificial intelligence, data science, cybersecurity and quantum technologies.

BOI Managing Head Ceferino Rodolfo said the agency is fast-tracking the implementing guidelines for the 2026-2028 SIPP, with publication targeted within the third quarter.

“The SIPP is an important instrument for building strategic industries and creating the conditions needed for long-term competitiveness,” Rodolfo said.

Following the Luzon kickoff, the BOI will bring the roadshow to the Visayas and Mindanao to encourage investors to align projects with the country’s industrial priorities, reinforcing the government’s goal of creating a stable, long-term investment environment that supports sustained economic growth.

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