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MALACAÑAN PALACE
MANILA

BY THE PRESIDENT OF THE PHILIPPINES

[ Memorandum Order No. 218, February 10, 1989 ]

ALLOWING THE IMPORTATION IN SEMI-KNOCKED DOWN (SKD) CONDITION OF PASSENGER CARS UNDER THE CAR DEVELOPMENT PROGRAM (CDP) AND OF VEHICLES UNDER CATEGORIES I AND II OF THE COMMERCIAL VEHICLE DEVELOPMENT PROGRAM (CVDP) FOR A LIMITED PERIOD

As recommended by the Board of Investments after consultations with the industry and consistent with the provisions of the Car Development Program (CDP) and the Commercial Vehicle Development Program (CVDP) Guidelines, as approved pursuant to Memorandum Order Nos. 136, series of 1987 and 157, series of 1988, respectively, the importation in semi-knocked-down (SKD) condition of passenger cars under the CDP, and of vehicles under Categories I and II of the CVDP for a limited period ending on June 30, 1989, is hereby allowed, subject to such guidelines as may be promulgated by the Department of Trade and Industry.

This Memorandum Order shall take effect immediately.1aшphi1

(Sgd.) CORAZON C. AQUINO

Manila, February 10, 1989

The Lawphil Project - Arellano Law Foundation

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