investment incentives

investment incentives

inducements offered by the government or local authorities to encourage capital INVESTMENT by the PRIVATE SECTOR either generally or in a specific area. Government inducements may take the form of capital grants towards the cost of equipment or tax reliefs on any profits earned (see CAPITAL ALLOWANCES for details). Local authority inducements usually take the form of reductions or exemptions from local taxes and organizing the local infrastructure for the convenience of potential investors. The rationale for such incentives depends primarily upon the government's objectives. It may want to increase ECONOMIC GROWTH and reduce UNEMPLOYMENT, in which case investment through the MULTIPLIER effect will help, or it may want to give certain ASSISTED AREAS additional help in tackling local problems of unemployment or urban renewal. See REGIONAL POLICY, INDUSTRIAL POLICY, BUSINESS EXPANSION SCHEME, ENTERPRISE INVESTMENT SCHEME, ENTERPRISE GRANT SCHEME.
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Moreover, in order to support entrepreneurship the government creates many other conditions as, issuance of the investment incentives documents following the approval of amendments proposed to the Tax Code of the country.
These are only the investment incentives,' Chua said.
Dedicated intermediated loan focusing on the co-financing of priority projects of limited size by SMEs and mid-caps, under the Greek Investment Incentives Law.
IFC intends to provide the necessary analysis on Foreign Direct Investment (FDI), institutional framework, and investment incentives, to enable the MIIC to develop a comprehensive strategy following best international practices, while ensuring consensus-building among government stakeholders.
In a meeting with chairman of British Egyptian Business Association (BEBA) Khaled Nosseir, Kabil presented investment incentives and free trade agreements signed by Egypt, which opens for the country huge markets.
Thailand's Cabinet has approved two acts related to the board of investment (BOI) working to improve investment incentives and various infrastructure to facilitate potential investors in high technology, innovation and research and development projects, the company said.
Speaking on the occasion, the CM told the board that the provincial government had already announced attractive investment incentives to promote industrial sector in the province, adding that apart from 5 per cent concession on markup for the investor, a one window operation facility was being provided to facilitate the investors in KP.
These investments, he added, would be backed by legislative reforms and investment incentives provided by Egypt's government.
Ridha explained that the relations between the Sultanate and Uzbekistan on a commercial scale is still modest, and it is important to work on strengthening and raising levels through mutual visits, which will contribute to informing business community in both countries aboutavailable investment opportunities and investment incentives andadvantages .
Performance Requirements and Investment Incentives Under International Economic Law
The head of the Omani delegation, Amer Al-Hajri said his country boasts a set of investment incentives, including foreign investors' ownership of shares in Omani businesses and tax exemptions.
While investment incentives for 316 hotel projects totaled TL 5.

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