71. The rest was from imports of capital equipment, fuel and raw materials used to expand manufacturing and contribute to long-term economic growth, he said. 72. These agencies have the biggest allocation for the procurement of capital equipment and raw materials. 73. These zones house export-oriented enterprises granted special privileges such as duty-free imports of capital equipment and streamlined customs import and export procedures. 74. Utilities use a lot of borrowed money to support their heavy investment in capital equipment. 75. With its pioneer status, Uniden will be given incentives such as an income tax holiday and duty-free importation of capital equipment. 76. Habito said the deficit was likely to grow due to the increasing need for capital equipment amid economic growth, including aircraft orders for airline refleeting or expansion. 77. Investments in priority areas get various incentives such as tax holidays and reduced duties of capital equipment. 78. Businessmen are equally concerned about reports that tax exemptions on imports of capital equipment for foreign investment could be cancelled by the end of the year. 79. China is expected next year to cancel exemptions on duties and value-added-tax for imports of capital equipment by foreign investors inside and outside zones. 80. Companies in the zones, designed to disperse industrial growth to regions outside Manila, receive incentives such as income tax holidays and duty-free imports of capital equipment. |
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