Project imports exemption extended to specified metro and monorail projects, with designated sponsoring authorities for each project. Amendment inserts a new entry in the Project Imports Regulations to extend project import treatment to specified metro and monorail projects, enabling customs concessions for imported plant, machinery and components used in those projects. It designates the managing directors or specified directors of the respective metro corporations as the sponsoring authorities responsible for sponsoring imports under the Project Imports framework.
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Project imports exemption extended to specified metro and monorail projects, with designated sponsoring authorities for each project.
Amendment inserts a new entry in the Project Imports Regulations to extend project import treatment to specified metro and monorail projects, enabling customs concessions for imported plant, machinery and components used in those projects. It designates the managing directors or specified directors of the respective metro corporations as the sponsoring authorities responsible for sponsoring imports under the Project Imports framework.
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