Coordination meeting of Special Economic Zones Central Committee held in Nay Pyi Taw – Myanmar

Coordination meeting of Special Economic Zones Central Committee held in Nay Pyi Taw – Myanmar

1 minuto Chairman of the Myanmar Special Economic Zones Central Committee (MSEZCC) Vice President U Henry Van Thio addressed the coordination meeting 1/2019 of MSEZCC held at the Ministry of Commerce meeting hall in Nay Pyi Taw yesterday afternoon. The meeting was attended by Union Ministers Lt-Gen Kyaw Swe, U Kyaw Tint Swe, U Thant Sin Maung, U Ohn Win, U Win Khaing, U Thein Swe, U Khin Maung Cho, Dr. Than Myint and U Han Zaw, Union Attorney General U Tun Tun Oo, Continue lendo

Special economic zone and exports – Rwanda

Special economic zone and exports – Rwanda

menos de 1 minuto Rwanda’s SEZ program is designed to address some of the domestic private sector constraints such as availability of industrial and commercial land, availability and the cost of energy, limited transport linkages, market access and reduced bureaucracy and availability of skills. Designated, serviced land is provided for small and large scale industrial development, as well as reliable, quality infrastructure, competitive fiscal and non-fiscal regulations and streamlined administration procedures. In 2010, the SEZ regulatory framework was developed into the SEZ policy and Continue lendo

Free trade zones transform foreign trade and push economic growth

Free trade zones transform foreign trade and push economic growth

2 minutos There are more than 3,500 free trade zones in 165 countries around the world. The number of people who work in free trade zones exceeds 8 million. A free trade zone refers to a geographical region of a particular country where preferential taxation (such as bonded measures, preferential income tax measures, etc.), special regulatory measures and convenient financial and foreign exchange measures are implemented. The China (Shanghai) Pilot Free Trade Zone was officially established in September 2013. During more than a year Continue lendo

Free trade zones are veritable platforms for economic growth – Nigeria

Free trade zones are veritable platforms for economic growth – Nigeria

menos de 1 minuto As the federal government makes effort to diversify Nigeria’s economy from oil, if well harnessed, revenue generated from free trade zones could surpass what the country currently earns from the hydrocarbon and sustains the economy.  This position was articulated and reinforced by the immediate past Managing Director of the NAHCO Free Trade Zone, Mr. Baba Yusuf, when he speaks with Chinedu Eze. Yusuf, who is a member of and knowledge contributor to the Geneva-based World Free Zones Organization (World FZO), Continue lendo

‘Two Sessions’ sheds light on free trade zone expansion – China

‘Two Sessions’ sheds light on free trade zone expansion – China

3 minutos THE ongoing “Two Sessions,” the annual gathering of China’s top legislative and political advisory bodies, have shed light on the expansion of the Shanghai free trade zone pilot area. Answering questions put online, Chen Jingying, a Shanghai delegate to the National People’s Congress, said the expansion wasn’t just an increase in geographical space. Instead, the goal is to better serve significant national development strategies as well as the country’s comprehensive reform and opening-up efforts. Chen’s remarks were in response to heated talk Continue lendo