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Industrial Parks & Free Zones

CLUSTER PROMOTED ACTIVITIES
INDUSTRIAL PARKS/FREE ZONES DEVELOPMENT
  1. Developer – Development of Industrial Park or Free Zone.
  2. Development Manager – Appointed by Developer to provide management, supervisory or marketing services of Industrial Park or Free Zone.
  3. Park Manager – Provide park management services including maintenance, marketing and rental of common facilities and utilities services in Industrial Park or Free Zone
Types of Incentives
 
  • Income tax exemption of 100% for 10 years commencing from the year company derives statutory income, or
  • Stamp duty exemption on land or building acquired for development

Application to be submitted to ECERDC on or before 31 December 2020.