6 Questions
An industrial estate is a tract of land that is developed according to a comprehensive plan and managed under unified continuous management.
True
An industrial estate may or may not have pre-built standard factory buildings and community facilities.
True
An industrial estate does not include provisions for basic infrastructure and utilities.
False
In lieu of paying taxes, five percent (5%) of the gross income earned by all businesses and enterprises within the ECOZONE shall be remitted to the national government.
True
The percentage of gross income that businesses and enterprises within the ECOZONE are required to remit to the national government is 10%.
False
An industrial estate always includes pre-built standard factory buildings and community facilities.
False
Test your knowledge on industrial estates with this quiz! From understanding the concept to the importance of infrastructure and utilities, this quiz covers it all. Challenge yourself and learn more about these vital areas for industrial development.
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