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Binh Phuoc adopts new regulations on investment promotion, preferential and support policies

(BP Portal) - On March 31, the 10th Annual People’s Council of Binh Phuoc Province, 2021-2026, held its fourth session (seminar session). At this session, the Binh Phuoc Provincial People's Council passed a resolution providing for policy on investment promotion, preferential and support in Binh Phuoc province.
 
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This superseded Binh Phuoc's Resolution 02/2020/NQ-HDND of July 13, 2020, promulgating the regulation on investment incentives and preferences in Binh Phuoc province.

This new policy applies to domestic and foreign organizations and individuals, State management agencies and units related to investment activities in Binh Phuoc province. In particular, to stipulate specific policies on incentives, preferences and support for: General investment in the provinces; Supplementary investment for industrial parks, economic zones, high-tech applied agricultural areas, industrial clusters; The investment in social housing projects for workers; Investment in special projects calling for provincial investment; Investment in socialization; Investment in agriculture and the countryside.

Binh Phuoc Province is committed to the full implementation of the most preferential policies on investment promotion, preferential treatment and support in accordance with the provisions of the Investment Law, the Enterprise Law and detailed regulations detailing implementation guidelines and other relevant legal documents.

The investment promotion, incentive and support policies, which are not stipulated in this Regulation, shall comply with the Investment Law and other relevant legal documents./.
Translator: Ms.Thao
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