THE Aurora Pacific Economic Zone and Freeport Authority (Apeco) on Wednesday welcomed Malacañang approval of the Board of Investments (BOI) 2026 Strategic Investment Priority Plan (SIPP).
“The 2026 SIPP presents an opportunity to translate national policy into tangible local benefits,” Apeco President and CEO Gil Taway IV said.
“As investments flow into these priority sectors, our communities, including our Indigenous peoples, stand to gain from new jobs, expanded livelihood opportunities, skills training and greater participation in economic development,” he added.
The Trade department on Tuesday described the SIPP as having a strengthened and more future-oriented three-tier framework.
Tier 1 activities include modern agriculture, state-of-the-art engineering procurement and construction, mobile health care, ecological zones and climate-related initiatives.
Tier 2, meanwhile, covers strategic industries including defense services, desalination, electric vehicle infrastructure, sustainable aviation fuel and processing of critical minerals.
Tier 3 is focused on frontier technologies artificial intelligence, quantum computing, cybersecurity, hydrogen and nuclear energy, and advanced research and development.
“The new SIPP is not just a tool for attracting investments, but more importantly, it is a means toward pursuing economic transformation,” Trade Secretary Cristina Roque said.
“By listing activities eligible for incentives, government is signaling where we want to attract high-value capital, and translate these into new jobs, upskilling of workforce and improved lives for Filipinos,” she added.