Exemption of Import Duties on the Machinery and Raw Material Imported for R&D Purpose
Technology Business Support & Incentive
R&D activities requires the use of raw materials for experiment, analysis and testing to develop products and services. Facilitation, reduction of restrictions and regulations that impede R&D activities is one of an important to enhance the development of the industries capabilities.
Setting up a R&D center in EECi, will be entitled to exemption of import duties on raw materials for research and development with the aim of developing new products or production processes.
