The collection of information to measure developments in manufacturing industry
Author(s)/Corporate Author (s)United Nations. Economic and Social Council;
United Nations. Economic Commission for Africa;
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There are many forms of Government assistance to Industry ranging from protective customs tariffs on the items that might compete with those produced locally to special accelerated depreciation produced locally to special accelerated depreciation provisions to encourage further investment in plant machinery and equipment. In a number of countries special codes to encourage investment have been developed that grant a range of concessions the extent of which is determined by the scale of the investment and its contribution to the development of the economy. Foreign currency privileges are often granted to external investors which cover the right to export profits earned on the investment and the right to repatriate capital on the sale of an investment after a certain minimum period.