Promotion of Private Participation-Incentives

Regulatory relaxation	Elimination of restrictions under Article 25 of the land Act: Relaxes restrictions on disposition of government-owned land, creation of encumbrances, or leases longer then 10 years. Elimination of restrictions under Article 28 of the National Property Act and Local Government Property Management Act: Relaxation of restrictions on the disposition of government-owned property or the collection of benefits from it. Elimination of restrictions under Article 270, Subparagraph 1 of the Company Act: Relax restrictions on the issuance of new shares by private institutions. Elimination of restrictions under Article 247, Article 249, Subparagraph 2 and Article 250, Subparagraph 2 of the Company Act: Relax restrictions on the issuance of corporate bonds by private institutions.
Fund-raising incentives	The authority-in-charge may, in the case of incapacity to cover the portion of costs for self-financing, subsidize part of the interest accrued from the loan needed by the private institution or to invest in part of the construction. The authority-in-charge may co-ordinate with financial institutions or special funds to provide medium- or long-term financing to the private institution.
Favorable land rentals	Where the land required for the infrastructure project is government-owned land, rentals in connection with the lease and the creation of superficies may be extended on favorable terms.

Expropriation of privately owned land	The authority in-change may expropriate the land and provide it for use by the private institution.
Tax incentives	Exemption from business income fax for five years. Investment tax credit of capital expenditures. Preferential customer duties on imported machinery and equipment. Reduction or exemption of the building tax,land value tax,and deeds tax. Investment tax credits of subscriptions of shares issued by the private institution.

Relaxation of restriction on line of credit of loans provided to private institutions

※ Major infrastructure projects refer to those infrastructure projects which are important and of a certain scale. The scope of the major infrastructure projects shall be determined by the competent authority (Ministry of Finance) in conjunction with the Ministry of the Interior and the central authorities in charge of the relevant industries.