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THE CHINA MAIL, SATURDAY, MARCH 1, 1958.
SARAWAK
which lies four hundred miles to the east of Singapore, a land of peace, progress, and of the future, of cordial industrial and racial relations, a land where air, road and sea communications are being opened up within the framework of a Development Plan costing well over a hundred million dollars, a land where there is scope for free enterprise and new investment
.
INVITES
by legislation which makes investment in Sarawak an attractive proposition and where assistance to approved industries under the Pioneer Industries (Encouragement) Ordinance and under other laws
includes―
1. Importation free of Customs Duty during a period of five years of all building materials, tools, plant, machinery, pipes, pumps, belts or other materials necessary for the construction, alteration or extension of a factory;
2. Income Tax concessions. A pioneer manufacturer will be allowed to write-off capital in five years;
3. Assistance in obtaining land;
4. Consideration by the Development Finance
Corporation of applications for finance.
YOUR CAPITAL
Applications or requests for further information should be addressed to the Development Secretary, The Secretariat, Kuching, Sarawak.