fevereiro 27, 2021

Special Economic Zones add hope in an era of unemployment

Special Economic Zones add hope in an era of unemployment

1 minuto President Cyril Ramaphosa’s announcement of a massive R16-billion investment in the Tshwane Special Economic Zone brings hope at a time when the economies of the country and the world are battling to recover from the effects of the coronavirus and lockdowns. As the global economy seeks ways to recover from a slump that cost an estimated 220-million jobs, this investment will provide South Africans with much-needed employment. Ramaphosa said the Ford Motor Company had announced the multi-billion rand investment to expand its Leia mais

DomRep reactivates free trade zones

DomRep reactivates free trade zones

1 minuto As part of attempts to reactivate its free trade zones, the Dominican Republic has authorized nine companies to set up shop, generating investments of US$16mn. The investments are projected to create 810 jobs and foreign exchange earnings of more than US$11bn, according to local media. The free trade zone council (CNZFE) has also approved the development of two parks in San Cristóbal and Tamboril. The Tegis and the Industrial Tamboril 2 park will generate almost 7,000 jobs and more than US$9bn in Leia mais