Artigos

Matching comparative advantages to special economic zones forsustainable industrialization

Matching comparative advantages to special economic zones forsustainable industrialization

1 minuto Abstract African countries are consistently trying to leverage industrialization to advance their economic development. Despite possessing favorable factors such as abundant natural resources, a surplus of low-cost labor, and an increasing number of established Special Economic Zones (SEZs), African countries are yet to fully maximize their potential and achieve sustainable and inclusive industrialization. This study explores the comparative advantages of African countries to determine the types of SEZs that can effectively accelerate industrialization. By leveraging the unique strengths and resources of each Continue lendo

Exploring Saudi Arabia’s special economic zones

Exploring Saudi Arabia’s special economic zones

9 minutos Driven by Vision 2030, the economy in Saudi Arabia has rapidly transformed in recent years with a focus on diversification and attracting foreign investment. Part of this transformation includes the establishment of Special Economic Zones (SEZs), an initiative designed to offer unique incentives, infrastructure and regulatory frameworks for investors looking to set up operations in KSA.  If you’re looking at expanding your business into Saudi Arabia, here is everything you need to know about the special economic zones. What are Special Economic Continue lendo

Approval Requirements Waived For Setting Up Wind Turbines In SEZs And EOUs

Approval Requirements Waived For Setting Up Wind Turbines In SEZs And EOUs

2 minutos The government’s decision to exempt businesses from the approval requirements for setting up wind turbine units has come as a shot in the arm for the renewable energy sector. The move is expected to support the energy needs of manufacturing units in Special Economic Zones (SEZs) and Export-Oriented Units (EOUs). The exemption will help industries set up new wind turbine units, add to the existing renewable energy capacity, and accelerate efforts towards energy transition in India. Renewable energy plants located in special Continue lendo

Work From Home for SEZs

Work From Home for SEZs

6 minutos Since the COVID-19 pandemic, companies have continued to benefit from customs waivers which have facilitated the implementation of work-from-home measures by developers and occupants of special economic zones. The Jamaica Special Economic Zone Authority (“JSEZA”) has communicated to SEZ stakeholders that the customs waiver facilitating SEZ work-from-home arrangements will expire on June 30, 2024 and so, unless the waiver is extended,  developers and occupants must apply to JSEZA for authorization to continue, or implement, work-from-home arrangements.  Foundational Obligation  SEZs are geographical areas Continue lendo

Special economic zones – an instrument for industrialization andthe development of skills in Central Africa

Special economic zones – an instrument for industrialization andthe development of skills in Central Africa

1 minuto Prepared by Subregional Office for Central Africa, Economic Commission for Africa (ECA) This policy brief is based on a research project on skills for economicdiversification developed by the ECA Subregional Office for Central Africa. It highlightsthe ambitions of and the challenges faced by countries in Central Africa in their effortsaimed at promoting inclusive and sustainable industrialization and developing technicalskills in the subregion, following the commitments of the Douala Consensus in 2017.1 The policy brief has an emphasis on the role that special Continue lendo