Vietnam to Give Preferences to Power Projects
20/10/2011 09:55 am
Laws - Vietnam’s Prime Minister Nguyen Tan Dung approved preferences for investments of thermal power projects under build-operate transfer agreements.
Such projects will be exempt from income tax for the first four years and will pay 5 percent in the following nine years and 10 percent for the remaining years of the project, according to the report. They will also be exempt from land-lease fees and import taxes of necessary materials.
Such projects will be exempt from income tax for the first four years and will pay 5 percent in the following nine years and 10 percent for the remaining years of the project, according to the report. They will also be exempt from land-lease fees and import taxes of necessary materials.
ource: Bloomberg
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