Singapore’s parliament has included energy efficiency projects among those that may qualify for Investment Allowance Scheme to encourage capital investments in that sector. In a move to reduce the city state’s greenhouse emissions, the incentive package aims to attract investors to build “green” energy projects, which are characterized by high capital costs and long pay-back periods. The amendment extends the period in which qualified companies may avail of the investment allowance of up to 8 years from the previous 5. Read full story
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Singapore, carbon footprint, green construction, saving energy at home, low cost electricity, energy management, investments
