The Board of Investments (BoI) is planning to issue guidelines for the 2014 Investment Priorities Plan (IPP) by December 2014. The 2014 IPP, which provides a list of sectors being promoted by the government and which will be entitled to fiscal and other incentives, was approved by the President of the Philippines in October 2014. The IPP will be effective for three years, subject to an annual review. The BoI expects to roll out the plan by January 2015.