Thừa Thiên-Huế introduces investment incentives
VGP – The Thừa Thiên-Huế Provincial People's Committee yesterday announced that since July 15, the province will apply concessionary policies and investment assistance to the ongoing projects implemented on schedule.
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Thừa Thiên -Huế Province pledges to offer preferential policies for investors - Illustration photo |
The beneficiaries include both domestic and foreign investors permitted to establish and operate investment projects there in conformity with Việt Nam's laws.
The province will offer other investment incentives like preferential price for water surface and land lease, corporation revenue taxes, export and import duties, compensation for site clearance and resettlement.
Preferential projects include key ones announced yearly by the provincial authority, ones on infrastructure and IT, and ones hiring over 500 employees.
Especially, the province will lower land lease rates in disadvantaged suburban districts, such as Hương Thủy, Phong Điền, Quảng Điền, Hương Trà, Phú Vang, Phú Lộc, Nam Đông and A Lưới.
By Hương Giang
