The 2026 Strategic Investment Priority Plan and the PPP Code: A Foreign Investor's Comprehensive Guide to Philippine Infrastructure Investment Incentives
President Ferdinand Marcos Jr.'s approval of the 2026 Strategic Investment Priority Plan (SIPP) on May 21, 2026 — published in the Official Gazette on June 2, 2026 — represents the most targeted recalibration of Philippine investment incentives since the CREATE MORE Act (RA 12066). Simultaneously, Republic Act No. 11966, the PPP Code of the Philippines, has fundamentally restructured how private partners — including foreign investors — can participate in Philippine infrastructure development. This article provides a comprehensive, lawyer-grade analysis of both frameworks, the synergies between them, the tax incentive architecture under the CREATE MORE Act, foreign ownership considerations, and a practical roadmap for foreign investors seeking to participate in Philippine infrastructure through SIPP-registered activities or PPP project structures.