Indonesia released LED lighting incentives

SEVASTOPOL, Ukraine - June 27, 2022 - PRLog -- This year, the Indonesian government issued a 2015 Government Regulation No. 18, issued a series of preferential tax policies to attract domestic and foreign investment. First, some business investments in a specific area of allowance policy; the second is for geothermal, natural gas processing, LED, harmless waste treatment, and another green investment industry tax incentives; the third is to reduce the corporate income tax rate, the President has approved Djoko The corporate income tax from the current 25% and gradually decreased to 17.5%, but has not yet identified a specific timetable for implementation.

Indonesia hopes to apply the preferential policies and measures to encourage investment, and promote investment growth this year to reach more than 8%, in order to push GDP growth to achieve the desired objectives.

According to the Indonesian Ministry of Finance disclosed, according to Indonesia's 2015--2019 mid-construction and development planning ", the next five years, Indonesia will build 2,650 km roads, 1000 km highways, 3,258 km of railway, 24 major ports, ferry terminals 60, 15 modern airport, 14 industrial parks, 49 reservoirs, 33 hydropower stations, and the establishment of irrigation systems of about one million hectares of farmland is expected to amount to about $ 424.5 billion needed.

Vice-Chairman of the Indonesian Investment Coordinating Board said Danba, China has achieved in recent years to invest $ 1.5 billion in Indonesia. Which only a year in 2014, reached $ 800 million, an increase of 169%. led explosion proof lights https://www.eneltec-led.com/products/led-explosion-proof-...

It is learned that 10 years ago, the Sino-Indonesian bilateral trade volume was $ 16.8 billion, and in 2014 reached $ 63.6 billion, which nearly quadrupled. 2014, China's non-financial direct investment in Indonesia, $ 1.05 billion, ranking first in the 10 ASEAN countries, an increase of 37.6%. As of the end of March this year, China's total investment in Indonesia amounted to $ 4.14 billion. best led headlights http://bestledheadlight.com/