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Definition
An FDI Zone is a zone specially designated in consultation between the investor and the relevant authorities for attraction of large-scale investments that can contribute to the country’s economy. Various incentives are offered and administrative regulations are mitigated for those in the zone.
Those eligible: A new facility in the following sector, in which not less than $20 million is invested
- (Marine) tourist hotel
- Resort facility
- International convention facility
Support provided to FDI zones
- Free lease of nationally-owned property in the zone
- Special traffic-related levy exempted
- Provision of necessary SOC
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