- Full tax exemption on statutory income for 10 years; or Investment Tax Allowance of 100% on qualifying capital expenditure for 5 years - can be offset against 100% of statutory income, subject to qualifying activities/ products under the Promotion of Investment Act 1986.

For ship building and repairs industry, incentives are offered under Income Tax Act 1967 as follows:

Full tax exemption on statutory income for 5 years; or

Investment Tax Allowance of 100% on qualifying capital expenditure for 5 years - can be offset against 100% of statutory income.

-  Specifically at Sipitang