PUBLIC-PRIVATE partnership (PPP) projects are joining this year’s list of priority investment areas that would enjoy incentives from the government.
According to a draft of the 2011 Investment Priorities Plan (IPP), key PPP projects would be included in the “preferred activities” list.
The PPP initiative is a priority program of the Aquino administration aimed at driving economic growth through infrastructure development.
The other preferred investment activities are agriculture/agribusiness and fishery; creative industries (including business process outsourcing, information technology (IT), IT-enabled services, and film and performing arts production); shipbuilding; mass housing; energy; infrastructure; research and development; green projects; tourism; and strategic projects, which include motor vehicle assembly and manufacture of auto parts and components.
According to the draft 2011 IPP, “The extent of entitlement to incentives shall be based on the project’s net value-added, job generation, multiplier effect and measured capacity.”
The Department of Trade and Industry (DTI) had said that its investment promotion agencies—the Board of Investments and the Philippine Economic Zone Authority—would prioritize attracting investments that can contribute more value-added to the economy.
Also, DTI would introduce an incentives-giving tack wherein the fiscal and nonfiscal incentives to be granted are “directly correlated” to the benefits the project gives.
The draft 2011 IPP did not include cement production, iron and steel manufacturing, and disaster prevention, mitigation and recovery projects—all of which were part of the 2010 IPP.
The “Contingency List”—which was introduced in the 2009 IPP and retained last year to give projects badly hit by the global recession a breather—was also removed from the 2011 IPP draft.
This year’s IPP retained the “Mandatory List” covering activities that must be included in the IPP as provided for under existing laws; export activities; and the Autonomous Region of Muslim Mindanao list for projects in the area. –BEN ARNOLD O. DE VERA REPORTER, Manila Times
July 2025
Nutrition Month
“Give us much more than P50 increase
for proper nutrition!”
Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the 2021 ILO Commission of Inquiry recommendations
against serious violations of
Forced Labour and Freedom of Association protocols.
Accept National Unity Government (NUG)
of Myanmar. Reject Military!
#WearMask #WashHands #Distancing #TakePicturesVideosturesVideos
July
3 July – International Day of Cooperatives
3 July – International Plastic Bag Free Day
5 July – World Youth Skills Day
7 July – Global Forgiveness Day
11 July – World Population Day
17 July – World Day for International Justice
28 July – World Nature Conservation Day
30 July – World Day against Trafficking in Persons
Monthly Observances:
Schools Safety Month
Nutrition Month
National Disaster Consciousness Month
Weekly Observances:
Week 2: Cultural Communities Week
Micro, Small, and Medium Enterprise
Development Week
Week 3: National Science and
Technology Week
National Disability Prevention and
Rehabilitation Week
July 1-7:
National Culture Consciousness Week
July 13-19:
Philippines Business Week
Week ending last Saturday of July:
Arbor Week
Daily Observances:
First Saturday of July:
International Cooperative Day
in the Philippines
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