The Philippines unveiled the first leg of the 2026-2028 Strategic Investment Priority Plan (SIPP), revealing incentives for investors and their gains for locating in the country.
The 2026 Strategic Investment Priority Plan (SIPP) is the Philippine government’s updated investment blueprint that identifies priority sectors eligible for fiscal and non-fiscal incentives under the CREATE MORE Act. Approved via Memorandum Order No. 47, the plan classifies eligible activities into three tiers:
- Tier I: Modern agriculture, state-of-the-art construction, ecological zones, and climate-related initiatives.
- Tier II: Defense services, electric vehicle infrastructure, and critical minerals processing.
- Tier III: Frontier technologies such as AI, quantum computing, and advanced R&D.
In a report by the Philippine News Agency, the Philippine Finance Secretary, Frederick Go, said the plan “is a deliberate effort of the government to align investments with the country’s economic and development objectives.”
The 2026-2028 SIPP was approved by the Board of Investments in coordination with the Fiscal Incentives Review Board (FIRB) and the investment promotion agencies (IPAs), with a more structured approach to investment promotion and includes the New Modern Basic Needs category, consolidating priority activities across manufacturing, agriculture, services, infrastructure, logistics, healthcare, and energy.
