Invest Application <> Investment Companies <>Our Strategical Industrial Area <>
Our Strategical Commercial Area
Proudly member's of Castle ConsortiumWho We Are
Established on the 1st of Jan, 2013, Invest Atok is a non-profit entity of the Atok Government with the sole purpose of promoting investments within Atok. Invest Atok aims to sustain, rejuvenate and further promote business activity through continued investments and at the same time explore new growth areas which are profitable.
Invest Atok is staffed with experienced and capable talent who facilitates investment with unparalleled dedication. In essence, Invest Atok performs the following functions to ensure sustainable development:
- Provide information and resources to investors
- Enhance Atok’s business friendly environment
- Strengthen Atok’s competitive edge
- Promote investment
- Support existing companies growth
- Facilitate growth of domestic industries
Invest Atok Vision Statement
To be the driver of technology and industry for sustainable economic growth and prosperity for the people of Atok.
Invest Atok Mission Statement
To promote Atok as the location of choice for technology, industry and business globally.
Foreign Investment Incentive Program (FIIP)Regards
- 50% discount rate for the purchase of land and low wages for workers.(Under Foreign Investment Incentive Act 2010)
- 4 years business/ industrial tax waives for a high-tech investment (Under High Technologies Improvement Act 2011)
- 7 years business/ industrial tax waives for research and development purposes. (under Research and Development Special Act 2012)
- Industries requiring intensive use of electricity may negotiate special tariffs with the relevant local authority and/or the Atok Electricity Supply Board (AESB)
- The Critical Infrastructure Programme (CIP) is a cost sharing grant for projects designed to improve critical infrastructure in Atok. The grant covers qualifying development costs from a minimum of 10% to a maximum of 30% towards the total development costs of qualifying infrastructure. It is made available to approved eligible enterprise upon the completion of the infrastructure project concerned.
Infrastructure for which funds are required is deemed to be ‘critical’ if the investment would not take place without the said infrastructure or the said investment would not operate optimally.
Dr Osman Braysun
Chief Executive OfficerCEO Office
30th Floor, Sand-Castle Tower, 3499/8 Street, Prime Minister Avenue, St. Lenkerville, 7899-000-0989
www.aeidc.gov.ato