EO 226 1987 The Omnibus Investments Code of 1987
Relevant provisions / summary
Article 7 states the powers and duties of BOI, including the regulation of promotion and investments in the Philippines, and preparing the Investment Priorities Plan (IPP) which shall contain a listing of specific activities that can qualify for incentives. Under BOI MC 2017-004, the 2017 IPP lists the preferred activities, including (1) charging/refueling stations for Alternative Energy Vehicles, except LPG-run vehicles (Section D. I. 3. d.), (2) mass transport using brand new buses that run on electric batteries, and/or compressed or liquefied natural gas, as well as public utility vehicles (PUVs) as defined by DOTr, LTFRB, and LTO as part of the PUV modernization program (Section D. I. 6. b. 2), and (3) environment or climate change-related projects which covers manufacture/assembly of goods and the establishment of energy efficiency-related facilities (Section D. I. 9). Annex D contains the incentives for BOI-registered enterprises.
Date: July 16, 1987