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Non-fiscal incentives eyed to lure investors to Ilocos Norte

INCENTIVIZING INVESTORS. Soya Cheng-Bueno, Invest Office head of the Provincial Government of Ilocos Norte, in an interview inside her office on Wednesday (June 29, 2022) says more non-fiscal incentives are considered to entice more investors to the province. Investors in the agribusiness, tourism, manufacturing, renewable energy, and mining sectors could also be exempted from real property taxes. (Photo by Leilanie Adriano) LAOAG CITY - Ilocos Norte is considering providing more non-fiscal incentives to lure more investors to the province. Ilocos Norte investment office head Soya Cheng-Bueno said Wednesday the governor's permit fees and other applicable taxes may soon be waived to entice more businesses to relocate and expand here. "We are currently reviewing the provincial investment code and we hope to give more non-fiscal incentives to all interested investors," she said. As the local economy is recovering from the impact of the coronavirus disease 2019, the Ilocos No ....

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