Government Implements New Strategy for Private Investment Protection and Promotion
Summary
The government has approved a new strategy to protect and promote private investment, including plans for an Industrial Security Force, peace zones in industrial areas, and special relief for businesses damaged by protests and vandalism. The policy also introduces virtual one-stop services, easier relocation rules, and expanded startup loans.
Key Points
- The Council of Ministers approved the Private Investment Protection and Promotion Strategy on March 27, 2025, to restore confidence in the private sector.
- The strategy proposes an Industrial Security Force, rapid response teams, and peace zones for industrial corridors, industrial zones, and industrial villages.
- Businesses damaged by arson or vandalism will receive relief measures, including fee exemptions, concessional loans, and budget discounts for revival.
- The government will use technology to streamline services and expand Startup Enterprise Loans, while forming coordination committees at national and district levels.
