Notícias

menos de 1 minuto South Africa’s special economic zones programme has reached its full implementation stage, with 115 operational investors ploughing in over R16.8 billion, said Trade and Industry Minister Rob Davies. While at the first national special economic zones investment conference hosted by his department in partnership with the KwaZulu-Natal department of economic development, tourism, and environmental affairs, Davies said these companies had created 15,716 direct jobs. “Since the introduction of the new SEZ legislation in 2014, the number of designated zones has increased, Continue lendo→

3 minutos When the island of Hainan was designated as China’s 12th free-trade zone by President Xi Jinping in April last year, it came with an ambition to make the area operational by 2020, and reach a “mature” development stage in 2035. But one year on, how far has China’s southernmost province lived up to expectations? From November to March, the Hainan free-trade zone attracted 185.7 billion yuan (US$27.6 billion) of investment in three batches, allocated to 378 construction projects, including infrastructure, a tax-free Continue lendo→

menos de 1 minuto “Economic Zones” are the vanguard to opening a country’s economic supply chain to the outside world. They provide an environment laced with a liberalised regulatory regime and financial incentives, which help to attract investment, kick-start production, generate quality employment, and give a thrust to trade. Most emerging economies are moving towards adopting this framework and creating ‘specialised’ economic and export hubs that would give them better access to foreign funding and an inexhaustible overseas consumer base. Presently, ‘Special Economic Zones’ Continue lendo→