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 Form 3 Business Studies: Size and location of a firm lessons

Meaning of delocalization of firms and what it involves

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Answer Text:
Delocalization of firms:
Delocalization refers to the deliberate establishment of firms in different parts of the country.
Delocalization involves:
-Offering free land for delocalized industries to be set up
-Development of infrastructure in rural areas to attract industries.
-Improvement of security especially in the rural areas.
-Tax incentives e.g tax relief or holiday for those setting up the industries in rural areas
-Removal of bureaucracy in the registration of industries.