According to Philstar Biz, the Board of Investments announced that the government is targeting P4.5 trillion in investment approvals under the new Strategic Investment Priority Plan (SIPP) for 2026-2028.
The SIPP identifies priority sectors for investment incentives, aiming to attract both domestic and foreign capital. The plan is a key component of the government's strategy to bolster economic growth and create jobs.
The BOI expects the new SIPP to streamline investment approvals and provide a clear roadmap for investors. The target of P4.5 trillion underscores the administration's commitment to ramping up investment activity.