A foreign investment zone is designated in order to attract large-scale foreign investment in locations where the foreign investor wants to set up a factory.The requirements for the designation of foreign investment zone is a foreign investment of more than US$30 million.The tax benefits are the same as for high-technology businesses, and various benefits are given for the development and establishment of infrastructure such as harbors and roads. Furthermore, a 100% reduction of rent is given for land owned by the government.
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