Gov�t dangles tax cuts to attract SPEDU investors
Wednesday, March 08, 2017
The incentives, which are categorised into six packages, include fiscal incentives, government off-take, provision of land, input costs, softer SPEDU region labour laws and one stop service centre.
The fiscal incentives include a five percent corporate tax for the first five years and 10% corporate tax thereafter.
The Ministry of Agriculture, local producers, retailers, and industry associations must work together to overcome the obstacles hindering vegetable production and distribution.This collaborative approach is essential to improve the availability, quality, and affordability of vegetables in the market.Firstly, the Ministry of Agriculture should provide support and guidance to local farmers to enhance their productivity and efficiency. This could...