DTI, BOI to conduct Investments Roadshow in Cebu

By Amorganda A. Saludar

CEBU CITY, Nov. 18 (PIA) -- The Department of Trade and Industry (DTI-7) and the Board of Investments (BOI) are set to conduct an Investments Roadshow on November 22 from 8:30 am to 2 p.m. at the Crown Regency Hotel and Towers, Cebu City. 

This activity is intended to provide venue for presentation of the just approved 2012 Investment Priorities Plan (IPP). 

A DTI-7 statement said the roadshow serves as feedback session to guide government’s further assistance to the existing measures and to the entrepreneurs in their business undertakings. 

This year’s IPP covered 13 preferred economic activities that include agriculture or agribusiness and fishery; creative industries or knowledge- based services; shipbuilding, mass housing, iron and steel, energy, infrastructure, and PPP; research and development; green projects, hospitals and medical services projects; motor vehicles; strategic projects; and disaster prevention and recovery projects. 

All these are subject and entitled to a package of incentives including income tax holiday, duty-free importation of capital equipments among others, the same statement added. 

For this year, strong signal investor interest is envisioned with the inclusion of these sectors like hospital and medical services and iron and steel for 2012 IPP. 

Expected speakers to grace this year’s Investments Roadshow are DTI Undersecretary for International Trade Group Adrian Cristobal Jr., and Governor of the Board of investments Geronimo Sta. Ana. (mbcn/AYS/PIA-CEBU)