Republic Acts1 min read
Section 8Sec./Art. 8
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Investment Promotion, Financing and Incentives. The DOT, the DA and the DTI shall develop programs linking stakeholders in the farm tourism industry, government financial institutions (GFIs), government-owned or -controlled corporations (GOCCs), private banks, financial cooperatives and other lending institutions to increase access to credit for farm tourism. The Land Bank of the Philippines, the Development Bank of the Philippines, the Small Business Corporation, and other government corporations and instrumentalities providing financing programs shall create lending windows to cater to the development of farm tourism camps and activities.
The TIEZA and the Board of Investments, and other investment promotion agencies, shall develop and implement programs that shall establish reasonable and innovative investment incentives to attract more investors and farm tourism practitioners in the farm tourism industry.
Farm tourism operators and practitioners may avail o: incentives under existing laws.1awp++i1
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