BUSINESS
Advocates Philippines
Marcos Greenlights 2026 Investment Roadmap
Photo credit: PCO
President Ferdinand Marcos Jr. has approved the country's 2026 Strategic Investment Priority Plan (SIPP), a move aimed at attracting more investments, creating jobs, and providing tax incentives to businesses that support the Philippines' long-term economic goals.
The approval came through Memorandum Order No. 47, which directs government agencies to align their policies and programs with the new investment roadmap once it takes effect. The order was signed by Acting Executive Secretary Ralph Recto on May 21, 2026.
Under the plan, government agencies are expected to work together to ensure smooth and coordinated implementation. The memorandum also bars agencies from adopting policies that conflict with the objectives of the 2026 SIPP.
The Board of Investments (BOI), which crafted the plan in consultation with the Fiscal Incentives Review Board (FIRB), investment promotion agencies, government institutions, and the private sector, said the roadmap is designed to encourage investments in industries considered vital to economic growth.
Investment promotion agencies have also been directed to help speed up the establishment and operation of registered projects by assisting investors in securing permits and coordinating with local government units and other agencies.
The plan identifies priority sectors that may qualify for government incentives through a three-tier system.
Tier I covers activities with strong potential to create jobs, support essential industries, address market gaps, and generate value through innovation and industry upgrading.
Tier II focuses on projects that produce critical supplies, parts, components, and services that are currently unavailable locally, as well as import-substitution activities such as crude oil refining.
Meanwhile, Tier III includes high-impact and technology-driven activities such as research and development, commercialization of intellectual property, advanced manufacturing, cybersecurity, artificial intelligence, and data center facilities. These sectors are considered crucial to the country's long-term economic transformation.
The 2026 SIPP is aligned with the government's broader development agenda, including AmBisyon Natin 2040, PAGTANAW 2050, the Trabaho Para sa Bayan Plan, and the Philippine Development Plan 2023-2028.
Officials said the roadmap will serve as a guide in granting tax incentives to qualified registered business enterprises, ensuring that government support is directed toward industries that can generate employment, strengthen local industries, and enhance the country's competitiveness.
The memorandum will take effect 15 days after its publication in the Official Gazette or a newspaper of general circulation.
The approval came through Memorandum Order No. 47, which directs government agencies to align their policies and programs with the new investment roadmap once it takes effect. The order was signed by Acting Executive Secretary Ralph Recto on May 21, 2026.
Under the plan, government agencies are expected to work together to ensure smooth and coordinated implementation. The memorandum also bars agencies from adopting policies that conflict with the objectives of the 2026 SIPP.
The Board of Investments (BOI), which crafted the plan in consultation with the Fiscal Incentives Review Board (FIRB), investment promotion agencies, government institutions, and the private sector, said the roadmap is designed to encourage investments in industries considered vital to economic growth.
Investment promotion agencies have also been directed to help speed up the establishment and operation of registered projects by assisting investors in securing permits and coordinating with local government units and other agencies.
The plan identifies priority sectors that may qualify for government incentives through a three-tier system.
Tier I covers activities with strong potential to create jobs, support essential industries, address market gaps, and generate value through innovation and industry upgrading.
Tier II focuses on projects that produce critical supplies, parts, components, and services that are currently unavailable locally, as well as import-substitution activities such as crude oil refining.
Meanwhile, Tier III includes high-impact and technology-driven activities such as research and development, commercialization of intellectual property, advanced manufacturing, cybersecurity, artificial intelligence, and data center facilities. These sectors are considered crucial to the country's long-term economic transformation.
The 2026 SIPP is aligned with the government's broader development agenda, including AmBisyon Natin 2040, PAGTANAW 2050, the Trabaho Para sa Bayan Plan, and the Philippine Development Plan 2023-2028.
Officials said the roadmap will serve as a guide in granting tax incentives to qualified registered business enterprises, ensuring that government support is directed toward industries that can generate employment, strengthen local industries, and enhance the country's competitiveness.
The memorandum will take effect 15 days after its publication in the Official Gazette or a newspaper of general circulation.
Jun 6, 2026
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