Chapter III
Intention
7. It is intended to provide the resources to the citizens and use the surplus in exporting; establishing working opportunities for the citizens; improving
human resources; establishing infrastructures such as banks and currency exchanges, roads and highways; producing electrical energy; improving
technologies; building communication networks; developing transportation networks including railway, shipping and airline; improving the country’s
education system; enabling the citizens to compete in the international community; and ensuring standard businesses and foreign investments.
Chapter IV
Basic Principles
8. Investments will be allowed according to the following principles:
a. Providing financial and technological supports in order to fulfill the goals of the national development projects.
b. Establishing working opportunities for the citizens.
c. Improving the export industries.
d. Producing basic products in order to reduce importation.
e. Producing goods required a considerable amount of investment.
f. Improving production by providing high technologies.
g. Supporting productions and services that require a huge amount of investment.
h. Developing low-energy consuming industries.
i. Improving local areas.
j. Finding new sources of energy and utilizing recyclable energy.
k. Improving modern industries.
l. Protecting the environment.
m. Enabling sharing of information and technology.
n. Ensuring the stability and security of the country and citizens
o. Improving the knowledge and skills of the citizens.
p. Developing the bank and other financial services according to the international norms.
q. Establishing services essential to the citizens.
r. Ensuring the sufficiency of energy and resources for the country for both short-term and long-term.
Chapter V
Investment Form
9. Investment could be made in the following types and patterns:
(a) Foreign investors investing the full percentage in a business per the Commission’s instruction.
(b) Cooperating with citizens or government departments or other organizations.
(c) Working along with a charter agreed by all participating parties.
10. (a) In forming under section 9:
(i) The organization must be formed in accordance with the existing law.
(ii) If a joint-venture is formed, the ratio of foreign capital and local capital can be decided as mutually agreed by both sides.
(iii) The Commission must decide the minimum amount of foreign capital in an investment depending on business sector with the approval of the Union
Government.
(iv) Foreign investors can submit the ratio of foreign capital – as prescribed by bylaws – in the prohibited or restricted businesses.
(b) In forming, as mentioned above, in carrying out the business and in liquidation on the termination of the business, other existing laws of the State
will be accordingly applied.
Chapter IIIIntention7. It is intended to provide the resources to the citizens and use the surplus in exporting; establishing working opportunities for the citizens; improvinghuman resources; establishing infrastructures such as banks and currency exchanges, roads and highways; producing electrical energy; improvingtechnologies; building communication networks; developing transportation networks including railway, shipping and airline; improving the country’seducation system; enabling the citizens to compete in the international community; and ensuring standard businesses and foreign investments.Chapter IVBasic Principles8. Investments will be allowed according to the following principles:a. Providing financial and technological supports in order to fulfill the goals of the national development projects.b. Establishing working opportunities for the citizens.c. Improving the export industries.d. Producing basic products in order to reduce importation.e. Producing goods required a considerable amount of investment.f. Improving production by providing high technologies.g. Supporting productions and services that require a huge amount of investment.h. Developing low-energy consuming industries.i. Improving local areas.j. Finding new sources of energy and utilizing recyclable energy.k. Improving modern industries.l. Protecting the environment.m. Enabling sharing of information and technology.n. Ensuring the stability and security of the country and citizenso. Improving the knowledge and skills of the citizens.p. Developing the bank and other financial services according to the international norms.q. Establishing services essential to the citizens.r. Ensuring the sufficiency of energy and resources for the country for both short-term and long-term.Chapter VInvestment Form9. Investment could be made in the following types and patterns:(a) Foreign investors investing the full percentage in a business per the Commission’s instruction.(b) Cooperating with citizens or government departments or other organizations.(c) Working along with a charter agreed by all participating parties.10. (a) In forming under section 9:(i) The organization must be formed in accordance with the existing law.(ii) If a joint-venture is formed, the ratio of foreign capital and local capital can be decided as mutually agreed by both sides.(iii) The Commission must decide the minimum amount of foreign capital in an investment depending on business sector with the approval of the UnionGovernment.(iv) Foreign investors can submit the ratio of foreign capital – as prescribed by bylaws – in the prohibited or restricted businesses.(b) In forming, as mentioned above, in carrying out the business and in liquidation on the termination of the business, other existing laws of the Statewill be accordingly applied.
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