Thời gian: 27/09/2010 18:37

Investment incentives

Investment incentives

Brief of 8 investment incentives offerred by the People's Committee of Haiphong

Investment incentives

  1. Preferential land rental and exemption of land rental:

Land rental shall be flexibly applied at lowest and most favorable rates. Land lease may be exempt from rental for up to 15 years.

  1. Compensation and relocation; site clearance; detection and clearance of explosive objects and mines:

The People's Committee of Haiphong shall organize the implementation of compensation, relocation, site clearance, and completion of the procedure for leasing land and the cost shall be born by the People's Committee of Haiphong from 50 to 100%.

Cost of detection and clearance of explosive objects and mines shall be born by the People's Committee of Hai Phong.

  1. Support cost for site leveling:

Cost of site leveling shall be partially subsidized by the People's Committee of Haiphong up 25% depending on existing conditions of the site.

  1. Construction of technical infrastructure facilities to boundary of the site

The People's Committee of Haiphong shall be partially subsidized by the People's Committee of Haiphong up to 25% depending on existing conditions of the site.

  1. Labor training support:

Labor recruited by FDI projects will be trained free of charge at local vocational training centers.

In case FDI projects train labor for themselves, cost for labor training might be partially subsidized up to 30% by the People[1][1][1]s Committee of Haiphong.

  1. Shorten project appraisal time:

Time for project appraisal is from 3 to 5 days.

  1. Single price policy/ non-discrimination price policy

All kinds of fee and price such as drinking water, raw water, waste collection, construction fees and charges will be equally applied to FDI projects and local enterprises.

  1. Other financial support:

Investment owner will be assisted financially in preparing project documents up to 20 million Vietnamese dongs per project after investment license is granted.

Commission for intermediaries up to 20 million Vietnamese dongs will be given to any individual or organization that successfully introduces a project in Haiphong.

 

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