Each project will receive an Investment Incentive (grant) of up to 15% upon successful implementation and verification project:
The calculation of the amount of Investment Incentives payable to the project and/or borrower will be conducted by the Verification Consultant (“VC”) and presented in the Verification Report.
The Investment Incentive payment is calculated as an equal to 15% of the lower of:
the eligible disbursed amount of the Loan, or
the eligible Investment Cost of the Project, excluding any amount of VAT payable in connection with the investment.
This site is registered on wpml.org as a development site. Switch to a production site key to remove this banner.
