1. Ms. LILLIAN C. COTAZ Resource-Based Industries Department Board of Investments 10 May 2013 Sulo Riviera Hotel, Quezon City Regional Workshop on Enhancing Farmers’ Market Power Workshop

2.  An attached agency of the Department of Trade and Industry  Promote investments in preferred areas as identified in the annual Investments Priorities Plan (IPP)  Administer incentives: Fiscal Non-fiscal Board of Investments

3. Agriculture/Agribusiness and Fishery Commercial Production Commercial Processing Services in Support of Agriculture / Agribusiness and Fishery Irrigation Harvesting Services Post Harvesting Services 2012 Investment Priorities Plan

4. Agribusiness 2012 to Q1 2013 Total Registered Investments (PhP B)14.04 Total Number of Projects50 Employment10,327

5. Board of Investments  income tax holiday (ITH)  exemption from wharfage dues and export tax, duty, impost and fees  tax exemption on breeding stocks and genetic materials  employment of foreign nationals  Simplification of customs procedures  Duty exemption on imported capital equipment, spare parts and accessories  Tax credits on imported raw materials  Tax and duty free importation of consigned equipment  Additional deduction from labor expense  Access to bonded manufacturing warehouse Incentives

6.  Foreign Investments Act – R.A. 7042  Foreign Investment Act of 1991 basic law governing foreign investments in the Philippines liberalized the entry of foreign investments in the country  Key Features of FIA concept of negative list opened domestic market to 100% foreign investment except those in the Foreign Investment Negative List (FINL) allowed 100% foreign ownership of business activities outside FINL but WITHOUT incentives Foreign Investments

7. Foreign Investment Negative Lists  List A - areas of activities reserved to Philippine nationals where foreign equity participation in any domestic or export enterprise engaged in any activity listed therein (limited to a maximum of 40%)  List B - areas of activities where foreign ownership is limited pursuant to law such as defense or law enforcement-related activities, which have negative implications on public health and morals, and small and medium-scale enterprises. Foreign Investments

8. Qualifications for BOI Registration  Entity organized under Philippine laws at least 60% Filipino owned  If not Filipino: » proposes to engage in Pioneer project for domestic- oriented projects » Commits to export at least 70% of production/ manufacturing revenues  Activity must be listed in the Investments Priorities Plan Registration

9. BOI Resource-Based Industries Department 385 Sen. Gil Puyat Ave. Makati City Tel. (+632) 895-3977 Fax (+632) 896-8453 Registration