6‑month grace period for any industrial project that has completed more than 75% of construction, to finalize the project, obtain the operating license, and register in the industrial record, with full exemption from late penalties during this period.
12‑month grace period for projects with a building permit that have completed between 50% and less than 75% of construction, with exemption from late penalties only for the first six months.
18‑month grace period for projects with a building permit that have not started construction or have completed less than 50%, with exemption from late penalties only for the first six months.
The new incentives are valid until April 30, 2026, with standard costs and penalties calculated according to the Industrial Development Authority’s regulations. Land will be withdrawn if deadlines are not met.
Lands previously withdrawn but not reallocated or offered to others may be reassigned to the same investor at the current approved price.
The Ministry of Industry recently announced this package of grace periods and facilities for industrial projects that have exceeded their allotted timelines. The aim is to protect manufacturers’ interests and support serious factories eager to resume production. These measures, implemented by the General Authority for Industrial Development, will remain in effect until April 30, 2026.
Key Provisions
Projects with building permits and more than 75% construction completed receive a 6‑month grace period, exempt from all late penalties, to finish construction, procure equipment, and obtain operating licenses.
Projects with 50%–75% construction completed receive a 12‑month grace period, exempt from penalties for the first six months only, with costs and penalties applied thereafter.
Projects with less than 50% construction completed or none at all receive an 18‑month grace period, exempt from penalties for the first six months only, with costs and penalties applied thereafter.
For projects where land withdrawal decisions were issued but not executed, or executed but the land remains vacant and unallocated, investors may reapply for the same land at the current approved price (per Prime Ministerial Decree No. 50 of 2025), provided they pay the required penalties.
Conditions for Eligibility
Investors must submit a request to the Authority, accompanied by a property, executive, financial, and legal inquiry report issued within the last 40 days.
The Authority must decide within 15 days, with the grace period starting from the date of acceptance notification.
If seriousness is not proven within the granted period, the land will be withdrawn and legal measures taken.
Additional Regulations
No approval for land transfer or leasing within industrial zones or developer zones unless seriousness is proven, three years of operation have passed, and the full land price has been paid.
Lease contracts are not accepted as proof of possession unless seriousness is proven and three years have passed, except for approved financial leasing contracts or leases issued by the competent authority.
Renewal of lease contracts is allowed for facilities already holding operating licenses.
Requests to change activity are not accepted until 12 months after actual operation and proof of seriousness, except for products under the same sub‑activity.
Environmental approvals for adding activities are not issued until seriousness in the original activity is proven and technical inspection completed.
Objectives
These facilities aim to:
Support industrial investment.
Optimize use of allocated industrial lands.
Remove obstacles for serious investors.
Respond to the needs of struggling projects.
Balance investor facilitation with safeguarding state rights.
The decision seeks to enable serious investors to complete projects without heavy financial burdens, accelerate the operation of stalled projects, and ensure optimal use of industrial lands. It reflects the state’s commitment to sustainable industrial development, deepening local value‑added production, and fair distribution of opportunities.