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Monday, 6 February 2017

List of 25 sectors which will receive incentives under new Investment Act

We have a list of industries that will qualify for investment incentives granted under the proposed Investment Act, and it is as varied as one would expect. The list comes courtesy of Youm7, with highlights including:

  • Industry, which we assume to mean manufacturing of any form;
  • Mining;
  • Desert reclamation and arid agriculture;
  • Animal products;
  • Transportation, logistics and storage;
  • Oil and gas;
  • Infrastructure development including telecoms, water and power utilities;
  • Renewable energy projects;
  • Recycling and waste-to-energy projects;
  • Pharma and healthcare;
  • Education;
  • Information technology;
  • Insurance and factoring;
  • Honorable mentions: R&D for space and aeronautical industry (doesn’t hurt to aim high, we suppose).

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