Regulation policies on incentives, incentives and Supports investment in Binh Phuoc province (Chapter V)

Thursday - 21/04/2022 10:55 4390
(BP Portal) - Issued together with Binh Phuoc Provincial People's Council Resolution 01/2022/NQ-HDND of March 31, 2022.
Chapter V

Article 18. Special projects calling for provincial investment

1. Projects to apply high technology to production as prescribed in Decision No.38/2020/QD-ttg of December 30,2020 of the Prime Minister promulfying a list of high-tech products to be encouraged for development.

For agencies, organizations and individuals concerned with technology transfer activities, as prescribed in Article 1 of the Law on Transfer of investment technology into Binh Phuoc Province, they are entitled to the support policies under Decree No.76/2018/ND-CP of May 15,2018 detailing and guiding the implementation of a number of articles of the Law on Technology Transfer.

2. The investment projects on the list of occupations which specifically encourage and call for investment in the province are approved by the provincial People's Committee for each stage.

3.The project has an investment capital of 3,000 billion VND or more, and it contributes to an annual crystal budget of 100 billion VND or more (for three consecutive years).

 4. Investment in key industrial products of the province, including:

 a) Condition-processing, fruit processing, rubber products, wood processing, food processing from pork and chicken (which are the final consumer products not through other processing stage).

 b) Industrial products of mechanical and manufacturing; Industry support.

5.  Tourism development projects at Soc Bom Bo, Bu Lach Savanna, Ba Ra Mountain Area, Ta Thiet Area Command Base.

Article 19. Form of preferential application

Investors who are committed to meeting the criteria when implementing the procedures to decide to approve the investment initiative, issue investment registration certificates shall be given specific preferential policies:

1. In support of infrastructure investment: When the investor initiates construction of items in land plot to carry out the project, the People's Committee uses the budget for development investment capital to finance the infrastructure such as: an electrical system, a communication system, a water supply system, a traffic road to outside the land barrier for the project implementation.

2.  For support to the expansion of the investment market: Depending on specific projects, the provincial People's Committee shall consider and support non-participating shops for exhibitions at domestic fairs and exhibitions (when Binh Phuoc province has registered the participation) the level of support of 50% to 100% for enterprises participating in foreign fairs and exhibitions and not VND 20 million per time for participating enterprises in domestic fairs and exhibitions. Each enterprise is only given a maximum of one support per year.
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Translator: Ms.Thao

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