APPROVING THE 2000 INVESTMENT PRIORITIES PLAN
attached 2000 Investment Priorities Plan (IPP) is hereby approved.
This Memorandum Order shall take effect fifteen (15) days after its
publication as required under Article 31 of the Omnibus Investments Code
of 1987.
Adopted: 31 May 2000
BY THE PRESIDENT:
(SGD.) RONALDO B. ZAMORA
Executive Secretary
ATTACHMENT:
THE 2000 INVESTMENTS PRIORITIES PLAN
FOREWORD
The 2000 Investment Priorities Plan (IPP) embodies the framework
within which investor confidence is established and maintained. The very
essence of economic development lies not only on the capability to
cater to investments in the urban areas and in the metropolis, but more
importantly, to support sustainable growth in the countryside.
Investment generation, thus, becomes one important vehicle towards
eventual poverty eradication as envisioned by the Estrada Administration
at the end of his term. This year’s IPP shall therefore have its theme
“UPLIFTMENT OF THE LIVES OF THE COMMON FILIPINO BY DEVELOPING GLOBALLY
COMPETITIVE INDUSTRIES”.
Consistent with the action plans of the administration, the 2000 IPP has identified the following goals:
• To alleviate and eventually eradicate poverty through employment generation
• To explore other activities/areas which can aid in increasing the country’s exports
• To further the growth of agricultural productivity and increase
countryside development by attracting investment focused at providing
adequate industry support and infrastructure system• To focus on sustainable development by supporting activities
and technologies in line with the country’s commitment to environmental
protection• To develop industries/sectors aimed at maintaining competitive advantage
Likewise, the IPP supports four focal points identified by DTI as follows:
• For the participant in the global economy, access to new technology, and incentives for innovation in exports and services.
• For business owner, a fair, transparent, competitive environment.
• For income earner, more job opportunities and greater access to jobs.
• For the ordinary household and consumer, value for hard-earned
money, consumer information, advocacy and protection and enforcement of
standards.
This year’s IPP still adopts the regional approach of listing as a
continuing effort for regional and countryside development. A distinct
highlight of the 2000 IPP is the inclusion of a new heading, Industry Clusters.
This is in response to a more focused support to industry
competitiveness and development. This will highlight the value-chain
among related industries.
Industry Clustering seeks to maximize the natural
clusters existing in some of the specific regions in the country.
Effectively, the identification of industry cluster in the 2000 IPP will
accommodate not only the core industry but more importantly the allied
services and linkages of the identified clusters. This is envisioned to
be an effective tool in developing competitive advantage among
industries; hence, making the regions the core of development.
The 2000 IPP also incorporates a special listing of economic
activities determined for promotion and eligible for investment
incentives by the Autonomous Region for Muslim Mindanao (ARMM). The ARMM
IPP is the list of priority areas which have been independently
determined by the Regional Board of Investments (RBOI) of the ARMM in
accordance with E.O. 458. Economic activities in this special listing
shall be pursued in the ARMM only. However, economic activities listed
in the National IPP may also be located inside the ARMM.
The preparation of the 2000 IPP was made possible in coordination
with the IPP Inter-Agency Committee composed of Department of Finance
(DOF), National Economic Development Authority (NEDA), and Presidential
Management Staff (PMS). Concerned government agencies were likewise
consulted and public hearings were held. The regional lists were
completed in close coordination with BOI Extension Offices, Regional
Growth Area Center and Regional Development Council.
(SGD.) MAR ROXAS
Chairman, Board of Investments
Secretary, Department of Trade and Industry