MANILA, Philippines — President Aquino has recognized the potential of the local show business as he asked for the re-inclusion of creative industries in the already long-delayed 2011 Investment Priorities Plan (IPP) on hopes that granting incentives to these sectors could generate investments and improve the capability of the country as animation and film-making hub.
The President has also pushed for the re-inclusion of disaster-mitigating projects. The two sectors would make a total of 13 sectors that would be included under the new IPP, which would be effective until 2012.
To see the entire article by Bernie Cahiles-Magkilat as published on June 23, 2011 in the Manila Bulletin, click here.
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