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Global Trade Alert

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United States of America/State of Georgia: State and county incentives to battery manufacturer SK Innovation

Description

The state of Georgia and Jackson County offered about $300 million in grants, tax breaks and free land to convince the Korean firm SK Innovation to build an electric car battery plant in the state. Th...

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Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

10 Oct 2018

Revocation date

10 Oct 2038

Implementation level

Subnational

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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