Approval of 2022 Strategic Investment Priority Plan

The 2020 Investment Priorities Plan (IPP) was adopted as a transitional SIPP following the CREATE Act, pursuant to FIRB Resolution No. 05-21 dated 14 April 2021.
The 2020 IPP took effect on December 6, 2020, following the President’s signing on November 18, 2020.

The Committee on Ways and Means of the House of Representatives endorsed the newly formulated SIPP on February 7, 2022.
FIRB adopted and endorsed the SIPP to the BOI via Resolution No. 001-22 dated February 21, 2022.
BOI approved submission of the SIPP to the President through Board Resolution No. 08-21 on March 25, 2022.

The 2022 SIPP aligns with the Philippine Development Plan 2017-2022.
It corresponds with the Inclusive Innovation Industrial Strategy (i3S) of the Department of Trade and Industry (DTI).
It also harmonizes with Pagtanaw 2050 of the Department of Science and Technology (DOST) National Academy of Science and Technology.

Tier I includes all activities from the 2020 IPP unless reclassified to Tier II or III.
Tier II activities promote competitiveness and resilience; focus on green ecosystems, health, defense, industrial value-chain gaps, and food security.
Tier III focuses on high-technology R&D, advanced manufacturing, and innovation support infrastructure.

Green Ecosystems: Electric vehicles (EV) assembly and components, EV infrastructure, energy efficient maritime vessels, renewable energy technologies, bioplastics/biopolymers, integrated waste management.
Health Related: Vaccine self-reliance manufacturing, medicines, active pharmaceutical ingredients, specialty hospitals.
Defense: Activities endorsed by the DND, AFP, or National Security Council.
Industrial Value Chain: Addressing steel, textiles, chemicals, green metals processing, crude oil refining, wafer fabrication.
Food Security: Integrated food production (e.g., dairy), hybrid seeds, animal vaccines, pesticides, agricultural machinery, as endorsed by DA or PCAARRD.

R&D and industry 4.0 technologies: robotics, artificial intelligence, additive manufacturing, data analytics, cloud computing, nanotechnology, biotechnology.
Highly technical manufacturing: aerospace, advanced materials, medical devices (excl. PPE), IoT devices, wafer fabrication.
Innovation Support Facilities: R&D hubs, Centers of Excellence, science parks, incubators/accelerators, startup enablers, space-related infrastructure.
Additional Tier II and III activities may qualify under Section 302 of the CREATE Act, subject to relevant agency endorsement.

The SIPP is approved and effective 15 days after publication in the Official Gazette or a newspaper of general circulation under Section 303 of the NIRC.
All government agencies must issue necessary regulations to ensure synchronized and integrated implementation.
No government body shall adopt policies or actions inconsistent with the SIPP and relevant laws.
Investment Promotion Agencies must facilitate and expedite project registrations via the one-stop action center under Section 310 of the NIRC.
Local government units and other agencies must coordinate with IPAs to comply with RA No. 11032 (Ease of Doing Business Act).

Activities amended in 2021 to lift locational restrictions on contact centers and non-voice BPOs in Metro Manila remain under Tier I.
Moratorium on economic zone applications in Metro Manila as per Administrative Order 18, series of 2019 remains unless lifted.