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What is Elephant Hunt

A phase used when a country, town or community searches for a large corporation to move into the area. This is to stimulate growth and development with the injection of capital to the economy. This will also create jobs, reduce unemployment and give incentives and improvements for other business to enter the area. The benifits are high and the incentives need to be good as a company will have to spend a lot of money to make the transition.

Tax periods and tax incentives as well as cheaper costs are the incentives for the company to move into this area.

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Term created / updated 2006-03-27 08:12:44

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