2010 Investments Priorities Plan set Sept. 3

THE Board of Investments (BOI), an attached agency of the Department of Trade and Industry, will be holding the 2010 Investments Priorities Plan (IPP) on September 3, 2010 at La Proa Ballroom, L'Fisher Hotel, Bacolod City.

The 2010 IPP is set to reveal the approved investment priority areas by which the government seeks to grant tax and fiscal incentives to such investments that would take advantage of the expected global and domestic economic rebound.

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Dubbed as "More Investments, More Jobs", the 2010 IPP will take four approaches in order to attract investments into the country, which include approaches such as aggressive investment promotion both for inbound and outbound missions; focus on sectors that can take advantage of the economic rebound; promotion of green projects; and support for small and medium enterprises. The export sector is also expected to receive strong support under the IPP. The same is also expected of the services sector especially those involved in business process outsourcing (BPO) industries.

The speakers are composed of the Board's distinguished directors headed by BOI Governor Francisco Ferrer. (PR)