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Draft of strategic investment plan completed

THE Department of Trade and Industry has completed its final draft of the Strategic Investment Priorities Plan (SIPP) of the Corporate Recovery and Tax Incentives for Enterprises (Create) law and presented it to the chairman of the House Committee on Ways and Means.

Albay Rep. Jose Maria Clemente 'Joey' Salceda, committee chairman, told this to reporters on Tuesday as the SIPP would allow foreign and domestic investors to apply for tax incentives for their respective sectors.