Fiscal Incentives
✔ RPT Exemption: Up to 100% on provincial share (3-5 years).
✔ Tax Holiday: Exemption from provincial fees, franchise tax, and permits.
✔ Expansion Support: Credits for modernizing existing facilities.
Non-Fiscal Incentives
✔ NOIPC One-Stop-Shop: Simplified business registration.
✔ Labor Assistance: Sourcing and training local manpower.
✔ Fast-Track Permits: Troubleshooting with local LGUs.
Eligibility Requirements
To qualify for incentives, an enterprise must:
- Be registered with the SEC, DTI, or CDA.
- Invest a minimum capital amount (varying by size: Micro, Small, Medium, or Large).
- Have a business activity listed under the Priority Investment Areas.
- Comply with environmental laws and the provincial ban on Genetically Modified (GMO) plants/animals.
Access the official Framework Plan and Development Guidelines below.
VIEW DEVELOPMENT FRAMEWORK PLANRA 11966: PUBLIC-PRIVATE PARTNERSHIP CODE OF THE PHILIPPINES AND ITS IRR
Executive Summary & Highlights
1. Declaration of Policy (Sec. 2)
Recognizes the private sector as an indispensable partner. Emphasizes Value for Money, equitable risk allocation, climate resilience, and gender policies.
2. Coverage of PPP Projects (Sec. 4)
Covers infrastructure, Joint Ventures, Toll Operations, and Long-term Leases. Excludes regular procurement and service contracts.
3. Types of PPP Proposals (Sec. 9-11)
- Solicited: Government-initiated (Committee mandatory).
- Unsolicited: Private sector-initiated.
- Joint Ventures: Explicitly allowed under the framework.
4. Approval Thresholds (Sec. 7)
- ≥ P15 Billion: NEDA Board / ICC approval required.
- < P15 Billion: Head of Agency / Governing Board.
- LGU Projects: Approved by respective Sanggunians.
5. Investment Recovery (Sec. 18)
Allows user fees (tolls/rentals), availability payments, or hybrids. Excess returns must be remitted to the government.
6. Risk & Dispute Resolution (Sec. 14-16)
Mandatory risk mitigation plans and use of GPRAM. Contracts must include arbitration/ADR; courts are discouraged from stopping projects.
7. Prohibition on TROs (Sec. 23)
Courts cannot issue TROs or injunctions that delay PPP projects, protecting them from political or legal disruptions.
8. IRR - Procurement & Unsolicited Proposals
Detailed processes for completeness checks, competitive challenges (Right-to-match), and Special Purpose Company formation.
9. Government Undertakings & Sanctions
Allows guarantees and viability gap funding subject to fiscal safeguards. Imposes penalties for collusion and corruption for both public and private entities.