IPIL, Philippines — The Board of Investments (BOI) will conduct an Investments Priorities Plan (IPP) Roadshow here Wednesday, May 29.
The IPP Roadshow, which aims to bring its services to key places by informing the public on the key investment priorities and its implementing guidelines, particularly the investment opportunities for potential and existing investors.
A tool for industry development, the IPP roadshow is aimed at building the industries not only through incentives but also through policy interventions and initiatives.
Rebuilding the country’s industries is the top priority of the Department of Trade and Industry (DTI) this year. BOI is a bureau under the DTI.
Early this year, Trade and Industry Secretary Ramon Lopez said the government has embarked to spark another industrial revolution by rebuilding the local industries under the Manufacturing Resurgence Program (MRP).
Lopez said, under the program, the government will focus on rebuilding the capacity of local industries, while strengthening new ones to maintain their competitiveness.
“With MRP, we will rebuild existing capacity of our local industries, strengthen new ones, and maintain their competitiveness. More importantly, this program—among the many initiatives under the Duterte administration—will help us create more jobs and income opportunities for our people,” said Lopez.
Expected to attend the roadshow are various government agencies, chambers of commerce, business support organizations, local government units (LGUs), non-government organizations (NGOs), consumer organizations, and the media. (Antonio Manaytay/Mindanao Sun)