1 / 11

Clarification of certain FDI incentives currently under consideration by the METE

General Investment Context (as currently foreseen) . Reduced corporate tax (17% in 2009)Major / transformational investment result from:Regional FTZConcessionsPrivatisationNo need for a dedicated law on FDI incentivesOnly targeted incentives, to be inserted in codes / laws concerned (tax, l

flann
Télécharger la présentation

Clarification of certain FDI incentives currently under consideration by the METE

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


    1. Clarification of certain FDI incentives currently under consideration by the METE Karim Medjad Andrew Thorburn EC-UNDP Cards 2002 Support for Trade Regulation and Promotion

    2. General Investment Context (as currently foreseen) Reduced corporate tax (17% in 2009) Major / transformational investment result from: Regional FTZ Concessions Privatisation No need for a dedicated law on FDI incentives Only targeted incentives, to be inserted in codes / laws concerned (tax, labour, education) Each incentive to be monitored by the Ministries concerned (finance, labour, education, industry)

    3. Incentive package 1 (Low) Target job market 2 possible incentives: Job creation in disadvantaged areas and / or Vocational training deductible as expense

    4. Incentives package 2 (High) Target job market + specific industries 2 industries under consideration by METE: Textile Leather / shoe

    5. Detail of incentives: job creation in disadvantaged areas (1) Advantages Strong incentive State-aid compliant Reduces informal sector Strong PR impact Disadvantages Costly (reduces state income) Complex / expensive to implement / monitor

    6. Detail of incentives job creation in disadvantaged areas (2)

    7. Detail of incentives: develop skilled labour (1) Advantages Strong incentive State-aid compliant Reduces informal sector Strong PR impact Disadvantages Costly (reduces state income) Complex / expensive to implement

    8. Detail of incentives develop skilled labour (2)

    9. Detail of incentives specific industries (1) Should textile and leather / shoe industries be incentivised?

    10. Detail of incentives: targeted industries (1) Advantages State-aid compliant Reduces informal sector Narrow target: strong signal towards industries concerned Disadvantages Industrial park are long to set up Not autonomous (success depends on additional factors e.g. infrastructure) Complex / expensive to implement

    11. Detail of incentives targeted industries (2)

More Related