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Ordinance No. 2000-01, known as the Iriga City Investment Incentives Code of 1998, as amended, grants fiscal and non-fiscal incentives to new investors and existing enterprises who invests and/or expands in the identified priority Investment and Development areas of the City of Iriga. It creates the Iriga City Investment Promotion and Business Assistance Center (ICIPBAC), the implementing arm tasked to assist investors facilitate registration and operation.
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| FISCAL INCENTIVES |
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| NON-FISCAL INCENTIVES |
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| PRIORITY DEVELOPMENTAL AREAS |
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| PRIORITY INVESTMENT AREAS |
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| AVAILMENT OF INCENTIVES |
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| PRIORITY INVESTMENT AREAS |
A. Manufacturing Activities
- Garments, textiles and wearables
- Ceramics and non-metallic mineral processing
- Light metal industries
- Furniture and fixture and bamboo craft products
- Gifts, toys and housewares
- Fine jewelry, fashion accessories and novelty items
- Electronics, computer and appliance manufacturing
- Footwear and bags
- Repacking or processing of liquors or distilled spirit wine
- Recycling of plastic and plastic products and other recyclable materials
- Leather and leather products
- Manufacturing of pharmaceutical products
- other manufacturing concerns which involves export of the final product
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B. Agri-Business and Processing Activities
- Food processing
- Farm services and post harvest facilities
- Feedmill and livestock support services
- Cutflower and production of high value crops
- Livestock and poultry
- Beef and dairy products
- Processing of crops into intermediary and final product
- Operation of nurseries and breeding farms
- Commercial fruit and vegetable production with greenhouse
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C. Forestry and Fishing Activities
- Industrial and commercial tree plantation
- Integrated agricultural land technology
- Inland fish culture
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D. Trading and Commercial Operations
- One-stop shopping center complex
- Trading of export products
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E. Tourist-Related Projects
- Tourist accomodation facilities such as Midrange Business Hotels, Resorts, Golf courses, Apartelsm Pension Houses Tourist Inns, Theme Parks, Airconditioned Restaurants cum Convention Facilities and Tourist Transport Services
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F. Infrastructure Projects and Services
- Cable Car
- Canopy walk
- mountain Villa with resort, casino and beer/disco house
- Olympic Village
- Waterworld park and resort
- Socialized housing projects
- TV stations to include cable TV
- Commercial branch banking and financial institution
- Printing and publishing
- Blast freezer and cold storage services
- Fully-airconditioned cinemas and cultural center
- Industrial estates and industrial communities
- Educational/training institutions
- Telecommunication facilities
- Hospital and diagnostic centers
- Projects covered by BOT laws
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