Regulations on Strategic Investments adopted
20 Jan 2020
The Law on Strategic Investment was published on 20 January 2020 in the Official Gazette of the Republic of North Macedonia and entered into force. It introduces the category "strategic investment", entitled to special treatment.
The status is awarded to investment projects of at least EUR 100 million on the territory of at least two or more municipalities, at least EUR 50 million in the municipalities with seat in a city, municipalities in the City of Skopje, and the City of Skopje, or at least EUR 30 million in municipalities with a seat in a village. Additionally, an investment has to be in one of the following sectors: energy, transport, telecommunication, tourism, manufacturing, agriculture and food, forester and water economy, health, industrial and technological parks, wastewater and waste management, sport, science and education, but the status may also be granted in any other sector, if the investment exceeds EUR 150 million.
The selection of investors is based on an open tender. Once proposals are received, negotiations between the government and an investor commences in order to conclude a special investment project contract. It sets out special conditions and preferential treatment accorded to an investor.
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Type:
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Promotion and facilitation (Investment facilitation , Investment incentives)
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Industry:
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Not industry specific
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Primary (Agriculture, forestry and fishing)
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Manufacturing (Manufacture of food products, beverages and tobacco products)
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Manufacturing (Manufacture of food products, beverages and tobacco products)
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Services (Electricity, gas, steam and air conditioning supply, Water supply, sewerage, waste management and remediation activities, Transportation and storage, Accommodation and food service activities, Telecommunications, Real estate activities, Scientific research and development, Education, Human health activities, Arts, entertainment and recreation)
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