MALACAÑANG
Manila

MEMORANDUM ORDER NO. 207

APPROVING THE 1994 INVESTMENT PRIORITIES PLAN

Pursuant to Article 29 of the Omnibus Investment Code of the 1987, the attached 1994 Investment Priorities Plan (IPP) is hereby approved.

This Memorandum Order shall take effect fifteen (15) days after its publication as required under Article 31 of the Omnibus Investment Code of 1987.

DONE in the City of Manila, this 10th day of May, in the year of Our Lord, nineteen hundred and ninety-four.

(Sgd.) FIDEL V. RAMOS

By the President:
(Sgd.) TEOFISTO T. GUINGONA, JR.
Executive Secretary

Reference: 1994 Investment Priorities Plan