Many Policies on Rural and Agricultural Investment Encouragement

The Government recently issued Decree 210/2013/ND-CP on policies encouraging enterprises to invest in rural and agricultural investment.

 

Accordingly, investors with especially preferential agricultural investment projects will be free from land-use fees on the land handed over by the Government. Investors with preferential agricultural investment projects will be given a reduction of 70 percent of land-use fees on the land handed over by the Government. Investors with agricultural investment projects will have land-use fees 50 percent discounted on land handed over by the Government.

 

In addition, the Government will have other support policies for enterprises like reduction or exemption of land and water surface rents, reduction or exemption of land with using purposes changed, personnel training programmes, market development and scientific and technological application.

 

This Decree takes effect on February 10, 2014 and replaces Decree 61/2010/ND-CP dated June 4, 2010 on rural and agricultural investment encouragement policies.