Industrial Estates Quiz
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Questions and Answers

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.

<p>True</p> Signup and view all the answers

The percentage of gross income that businesses and enterprises within the ECOZONE are required to remit to the national government is 10%.

<p>False</p> Signup and view all the answers

An industrial estate always includes pre-built standard factory buildings and community facilities.

<p>False</p> Signup and view all the answers

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