More incentives on offer for infrastructure investment in hi-tech parks

Projects investing in infrastructure construction and trade in hi-tech parks will have access to incentives relating to land rental fees and site clearance and compensation costs under Government Decree No. 10/2024/ND-CP, dated February 1, on hi-tech parks.

They will also be prioritized in obtaining credit for investment from the State.

A specific preferential rate for investment projects and activities in hi-tech parks will be applied following regulations on investment, corporate income taxes, export and import tariffs, and land.

These projects will also be given priority in training and recruitment programs, research, the application of high technology, technology transfer, the development of high technology in agriculture, support for startups, and credit support.

The decree encourages eligible organizations and individuals to invest, including building part or all of the technical infrastructure at hi-tech parks.