Taxonomy: Sector Affected - 52
Constructions
Australia: "Boosting Australian Industry Participation" policy
Description
On July 28, 2009 the Australian Government, the Department of Innovation, Industry, Science and Research released a "Boosting Australian industry participation" policy aimed to give Australian industry the best possible chance of w
Nigeria: Preference to local companies in new oil industry law
Description
The Nigerian Oil and Gas Industry Content Development Bill (2010) has been signed into law by the acting president Goodluck Jonathan.
Uzbekistan: Creation of a Bank to support construction in rural areas
Description
President of Uzbekistan Islam Karimov signed a resolution on 30 March 2009 on creation of the Qishloq Qurilish Bank (Rural Construction Bank) on the basis of one of the country’s largest banks Galla-bank.
Iraq: Amendment to Investment Law allowing foreigners to own land for housing projects
Description
According to a Reuters article on 23 November 2009, Iraq’s parliament passed the first amendment to Investment Law No 13 of the year 2006 allowing foreigners to own land for housing projects.
Finland: Temporary Accelerated Depreciation for productive investments
Description
On 17 March 2009 the Finnish authorities notified the 'Act on the temporarily accelerated depreciation for productive investments' for reasons of legal certainty.
UK: Further interest rate subsidies for the construction sector
Description
On 29 July 2009, the UK authorities notified an amendment to the existing scheme "Temporary aid in the form of subsidized interest rate" (N 257/2009). The proposed amendment provides selective assistance to firms operating in the ho
India: Attempts to clarify various aspects of its foreign investment regime.
Description
In three Press Notes (No. 2, 3, and 6) the Indian Ministry of Commerce and Industry has sought to clarify the implementation of various aspects of that nation's foreign investment regime.
Algeria: Adverse tax treatment of foreign investment.
Description
The Supplementary Budget Act of 2008 and the Finance Act of 2009 contain provisions that are detrimental to the interests of foreign investors. According to KPMG:
Paraguay: Buy national policy and domestic labour content.
Description
On 24 February 2009, the Paraguayan Finance Ministry specified changes to public procurement policy in relation to the national stimulus plan.
Spain: State Fund for a Dynamic Economy and Employment
Description
On 28 November 2008, the Spanish Government created a State Fund for a Dynamic Economy and Employment ("Fondo especial del Estado para la dinamización de la economía y el empleo") with an endowment of € 3 billion.
