PD 535 Preamble

Preamble

WHEREAS, there is need to encourage and hasten the establishment of hotel and other tourist oriented facilities necessary to meet the requirements of the tourist traffic; WHEREAS, there is need to align incentives and requirements of Tourism Projects in line with the specific needs of the tourism industry; and WHEREAS, it is realized that foreign investment and financing is required to meet the financial requirements of the said industry; NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Philippines, by virtue of the powers in me vested by the Constitution, do hereby decree and order as follows:

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Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗ · Data as of July 4, 2026

CitationPD 535 Preamble (LawPlayer, data as of July 4, 2026)

Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).

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