Title
Investment Priorities Plans Approval 1978
Law
Letter Of Instructions No. 706
Decision Date
Jun 11, 1978
The Letter of Instructions No. 706, issued on June 11, 1978, approves project listings in various Priorities Plans in the Philippines based on specific recommendations from the Investment Coordination Committee, subject to conditions provided in NEDA Resolution No. 9, series of 1978.
A

Investment Priorities Plan: Agro-Based Sector

  • Includes lumber products, plywood, veneer, pulp from indigenous raw materials, paper integrated with pulp mill.
  • Promotes coconut oil, processed tobacco, arrowroot starch, processed fruits, vegetables, meat, and fish.

Mining and Mineral Processing Sector

  • Covers iron ore, nickel metal and alloy, unrefined gold, foundry coke, refractories, lime, metallurgical chromite.
  • Includes non-metallic roof tiles, copper ore, white cement.

Metal-Based Sector

  • Encompasses primary steel, alloy steel castings, motorcycles, rims, spokes, sprockets, roller chains.
  • Includes diesel and automotive gasoline engines, ignition coils, electric motors for automotive use.
  • Lists camshafts, heavy vehicle axles, automotive lighting and signaling equipment with detailed types.
  • Covers automotive gauges, cylinder liners, piston rings, high HP diesel engines, commercial vessels, ocean-going ships.
  • Also includes tuners, lathes, carbide-tipped tools, overhead hoists, cranes, air compressors.
  • Lists agricultural machinery such as disc plows, roto tillers, grain dryers, storage silos.
  • Includes oil exploration and development equipment, ductile iron mill rolls, electrical meters and insulators.
  • Also comprises transceivers, electric industrial vehicles, flashlights, electronic data processing systems, and copper rods.

Chemical-Based Sector

  • Includes chemical fertilizers (nitrogenous and phosphatic), low and high-density polyethylene, polypropylene.
  • Covers nylon and polyester fibers, spun yarn for textiles, tire cords, fish nets.
  • Lists integrated vinyl chloride monomer plant, coal for power generation, rubber belts, woven textiles, textile tops/slivers.
  • Contains industrial and edible salt, antibiotics, chemical gypsum, stearic acid, petroleum wax.
  • Includes pigments such as chrome yellow and molybdate orange.
  • Lists plastic drainage pipes and continuous filament glass fibers.

Export Priorities Plan: Agro-Based Sector

  • Includes processed fruits, vegetables, seaweeds, algae-based food, seafoods.
  • Covers glucose powder, rice bran oil, castor oil, palm oil, fodder.
  • Lists fiberboard, particleboard, blackboard cores, builders woodwork, furniture, toys.
  • Includes crumb rubber, cellulosic staples for specialty pulp, footwear, refined sugar.

Export Priorities Plan: Mining and Mineral Processing

  • Includes beneficiated nickel silicate ore, vitrified tiles, ceramic bathroom accessories, jewelry.
  • Covers silicon carbide, silicon metal.

Export Priorities Plan: Chemical-Based Sector

  • Lists refined glycerine, activated carbon, furfural, methanol, nicotine sulfate, essential oil, fermentation alcohol.
  • Includes sucro-chemicals, cocochemicals, acrylic fibers, specialty fabrics, knitted and woven fabrics.
  • Covers garments, made-up articles of textile, plastic, rubber and leather, non-woven fabrics.
  • Lists titanium dioxide and blowing agents.

Export Priorities Plan: Metal-Based Sector

  • Includes graphite electrode, hermetic compressors, motor vehicle transmissions, dies, molds, tooling.
  • Covers kiln dryers, handtools (pliers, wrenches, files), machine tools for wood, oxygen cylinders, locks, flatware, buckles.
  • Lists electrical and electronic machinery, precision tools, die parts for semiconductor manufacture.
  • Also includes pleasure boats, altimeter, malleable cast iron pipe fittings, marine cargo containers, metal forming machines.
  • Covers cigarette lighters, clocks and watches, disposable hypodermic needles, surgical instruments, electro-medical apparatus, fiber-tipped pens.

Public Utilities Priorities Plan

  • Focuses on inter-island shipping and essential facilities for ship operations.
  • Covers electric utilities, including those drawing power from the National Power Corporation.
  • Includes utilities generating own power and those based on indigenous energy resources.

Agricultural Investment Priorities Plan: Food Production

  • Includes cattle/carabeef, hogs, goats, poultry (meat, eggs, day-old chicks), aquaculture, fish and marine products.
  • Covers dairy production, mungbeans, cacao, rice and rice processing.

Agricultural Investment Priorities Plan: Feed Grain Production

  • Includes yellow corn, sorghum, soybeans or winged beans production.

Agricultural Investment Priorities Plan: Feed and Seed Production

  • Covers production and/or processing of feed, feed ingredients.
  • Includes certified seeds (rice, soybeans) and hybrid seeds (F-1 corn, F-1 sorghum).
  • Lists livestock and poultry breeders: cattle, hogs, poultry.

Agricultural Investment Priorities Plan: Other Agricultural Products

  • Includes cotton growing and ginning, cassava, spices, tree farming, abaca, coffee production and green coffee processing.

Agricultural Investment Priorities Plan: Farm Services

  • Covers tractor pool services, irrigation, pest and disease control.
  • Includes other specialized farm services.

Conditions and Implementation

  • Project listings are subject to the conditions specified in the resolutions and recommendations of the Investment Coordination Committee.
  • The Letter of Instructions serves as authority to implement and prioritize investments in these sectors and projects as part of national development policy.

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