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  • Incentives include a seven-year income tax holiday, duty-free importation of equipment, and a zero percent value-added tax rate for power sales.Although a third of the Philippines??? energy mix is renewable energy, including hydro and geothermal energy, the government plans to increase that to 40 percent over 10 years.Reyes told a news briefing the government hopes to attract up to US$10 billion i
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