(1) While valuating the fixed capital of an industry for the purposes of this Act, valuation is made taking into account the following assets:
(a) physical structure constructed or reformed on land, underground, space, water or below water;
(b) physical structure constructed above land (e.g. sewage, internal road, drinking water related infrastructure, water supply system);
(c) office, factory, building or ware house of the industry;
(d) residence building constructed for employees or workers;
(e) electric supply and related equipment and system;
(f) machinery, equipment, tools and reserve spare parts thereof;
(g) means of transportation;
(h) office goods and equipment of capital nature;
(i) fixture and furniture;
(j) communication materials and related equipment and system.
(2) In addition to the assets set forth in subsection (1), the following expenses incurred prior to the establishment of an industry or at various stages of construction are also valuated as the fixed capital of the industry:
(a) technical and inspection expenses to be capitalized;
(b) pre-investment and preoperational expenses;
(c) interest expenses to be capitalized;
(d) environmental study and research expenses prior to the operation of the industry.