investment incentive

investment incentive

a financial inducement given by the government to a firm as a means of encouraging new INVESTMENT. Such inducements can include cash grants to defray part of the costs of building a new factory and/or installing new machines and equipment; low interest rates; interest-free LOANS; or tax relief on the firm's profits. Investment incentives can be used to stimulate investment in general, or they can be targeted to encourage certain types of investment and to influence the geographical location of new investment. See CAPITAL ALLOWANCE, INDUSTRIAL POLICY, REGIONAL POLICY, SUBSIDY, ENTERPRISE INVESTMENT SCHEME, ENTERPRISE GRANT SCHEME.
References in periodicals archive ?
Governor Wolf announced the successful completion of the first phase of his plan to expand broadband access to every Pennsylvanian through the execution of the Pennsylvania Broadband Investment Incentive Program, which will help deliver broadband access to 9,236 currently unserved rural Pennsylvanians.
The announcement also will include the introduction of the Pennsylvania Broadband Investment Incentive Program, which will offer incentives to private providers willing to invest in underserved and unserved areas throughout Pennsylvania.
This will be achieved by: 1) improving the legal and regulatory framework to strengthen investor protections, 2) streamlining investment entry procedures; and 3) improving the investment incentive regime.
Manufacturers urge the Senate to take action to approve this key investment incentive. The current uncertainty on the tax treatment of investments has forced manufacturers to the sidelines when it comes to investing and growing their businesses.
Bell's original WHI rollout plan to serve 800,000 small-town households in Manitoba, Ontario, Qubec and Atlantic Canada was expanded to more than 1.2 million locations following the federal government's introduction of the Accelerated Investment Incentive in November 2018.
"The added investment incentive provided by the Opportunity Zone program, coupled with the Commerce Department grant, will attract new business to Kearny's new manufacturing, office, and entrepreneur space, and generate economic opportunity throughout the region," said U.S.
Turkey's Daily Sabah has said that a report released by the Hotel Association of Turkey (TUROB), based on Investment Incentive Certificates awarded by the Ministry of Trade, showed that the applications were made for 167 new hotel projects with 28,661 bed capacity in 2018.
The city government is expected to pass the amendments to the Davao City Investment Incentive Code before the new set of officials take over in July, a top official said.
STAR has the first investment incentive granted by Turkey.
Pakistan will progress by leaps and bounds with the cooperation of overseas Pakistanis if the government establishes a cohesive international investment incentive. If the government succeeds in solving their complaints, overseas Pakistanis will prefer to invest in Pakistan," he said.
The refinery is also the first project which possesses the "Strategic Investment Incentive Certificate" in Turkey, the statement said.
When the government was deciding whether to provide an investment incentive in the form of tax relief, it had to take into account the decision of this company that in the event of failure, it would make this investment in Germany or the Czech Republic," said Pellegrini, as cited by the TASR newswire, adding that this would have seriously jeopardised employment in the whole region.

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