New Tax Hollidays in 5 Pioneer Industries Print
SIOK News
Monday, 12 December 2011 12:45

New investments in five pioneer industries will receive a tax holiday facility for up to 10 years, according to regulations on investment incentives issued by the government recently. Tje break would be given to comanies producing 87 product items which comprise 35 base metal products, 21 petrochemical products, 17 machinery items 10 renewable energy products and four types of communication equipment, under the base metals, oil refining and basic petrochemical, machinery, renewable energy and telecommunication industries, Industry Climate and Quality Policy Board chief Aryanto Sagala said in Jakarta on Thursday.

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