Indonesia to build two special economic zones of US$1.5b

Indonesia to build two special economic zones of US$1.5b

2 minutos Indonesia set to build two new Special Economic Zones(SEZ) worth Rp22.2 trillion (US$1.5 billion) after its National Council on SEZ approved Nongsa Digital Park and Batam Aero Technic, both located in Riau Islands Province, as the country’ new economic zones. “The two locations have approved to be designated as new economic zones after it met the requirements,” the Coordinating Minister for Economic Affairs Airlangga Hartarto said in a statement on Friday (07/10), adding the Council will soon recommend it to President Joko Widodo Continue lendo

ZPE Ceará terá indústria de painéis fotovoltaicos

ZPE Ceará terá indústria de painéis fotovoltaicos

2 minutos Os benefícios fiscais oferecidos pela Zona de Processamento de Exportação (ZPE) do Ceará atraíram mais um investidor: a Prisma Solar do Brasil. A indústria de painéis fotovoltaicos de capital holandês deve investir inicialmente R$ 150 milhões, os quais devem ser acrescidos de mais recursos e chegar até R$ 500 milhões, caso a economia brasileira e a demanda aumentem nos próximos anos. Já com o protocolo de intenções assinado com o governo do Estado, o CEO da empresa, Jens Raffelsieper, deve ir até Continue lendo

III Congreso Integrado de Zonas Francas, Puertos y Logística. Colombia. 23 de julio de 2020.

III Congreso Integrado de Zonas Francas, Puertos y Logística. Colombia. 23 de julio de 2020.

menos de 1 minuto Este año el Congreso lo realizaremos de manera virtual. Será un gran espacio virtual que reunirá a usuarios de zonas francas, sociedades portuarias, operadores portuarios, trasportadores, generadores de carga, integrantes de la cadena logística y agentes navieros. Agenda: Se tratarán las tendencias de actualidad en materia de logística y comercio exterior; a nivel económico y tecnológico. Se explicarán los principales retos que luego de la pandemia tendrá la cadena logística y los elementos que la conforman. Se abordarán a través de conferencias, ejemplos de mejores Continue lendo

Reviving the Indian SEZs

Reviving the Indian SEZs

2 minutos SEZs are industrial enclaves entitled with fiscal benefits and located within a country’s  sovereign borders and have the objective of increasing balance of trade and attract newer inward-investments into the country along with creation of newer jobs. SEZ, as a concept, started in mid-1950s in countries with larger presence in industrial sectors. Ireland was one of the earliest adopters in setting up SEZ. The concept of labour-arbitrage which started as a competitive advantage for nations to compete with each other for global Continue lendo

Special economic zones hailed as proper investment platform

Special economic zones hailed as proper investment platform

1 minuto Minister for Finance Taimur Jhagra has laid stress on special economic zones as a proper investment platform for industries and businesses. He said this while speaking as a keynote speaker at a webinar organised by the Khyber Pakhtunkhwa Board of Investment and Trade.  The online dialogue was titled “Investment Opportunities for Khyber Pakhtunkhwa in a post-Covid-19 scenario”. The session was moderated by Hassan Daud Butt, CEO KP-Board of Investment & Trade. The minister said special economic zones have to be the way Continue lendo

Investidores alemães apresentam proposta para instalação de usina de milho na ZPE em Uberaba

Investidores alemães apresentam proposta para instalação de usina de milho na ZPE em Uberaba

3 minutos Produtores Rurais e representantes do setor agro de Uberaba estiveram reunidos na quinta-feira (2) para apresentação sobre proposta de construção de uma usina de álcool de milho na área da Zona de Processamento de Exportação em Uberaba (ZPE). O evento foi acompanhado pelo secretário de Desenvolvimento Econômico e Turismo e Inovação (Sedec), José Renato Gomes, pela presidente do Conselho Municipal de Desenvolvimento Econômico e Social de Uberaba (Comdesu), Anne Roy Nóbrega; do presidente do Sindicato Rural de Uberaba, Gilberto de Oliveira; do Continue lendo

Special economic zones: An operational review of their impacts

Special economic zones: An operational review of their impacts

5 minutos Special Economic Zones (SEZs) have become an increasingly popular instrument to promote economic development. Over the last two decades, in particular, SEZs have proliferated in emerging and transition economies. States promoting zones have sought to stimulate economic development both within and outside the zone.  Within the zone, states aim to attract investment that will lead to new firms and jobs, and to facilitate skills and technology transfers. Outside the zone, states aim to generate synergies, networks, and knowledge spillovers to foster additional Continue lendo

Special economic zones and urbanization

Special economic zones and urbanization

1 minuto Special Economic Zones (SEZs) continue to be widely used across all regions and seek to achieve different economic policy objectives, with signi cantly varying degrees of impact. Experience has shown that proximity to urban centers is a key determinant of success for SEZs. At the same time, as policymakers seek to achieve objectives related to the Sustainable Development Goals, the success of SEZs will be increasingly de ned in terms of how they can contribute to them and to sustainable urbanization in Continue lendo

Assessment of Industrial Cluster Policies in Viet Nam:  The Role of Special Economic Zones in Attracting Foreign Direct Investment

Assessment of Industrial Cluster Policies in Viet Nam: The Role of Special Economic Zones in Attracting Foreign Direct Investment

menos de 1 minuto Special economic zones (SEZs) are considered as one of important regional industrial policies to attract foreign investment in developing countries such as Viet Nam. The review of SEZs development in Viet Nam including the comprehensive review of infrastructure and business environment in SEZs are presented in this paper for the first time.  Moreover, the paper gives novel non-parametric evidence to indicate the positive causal linkage between the zoning policies and the attraction of foreign investment at district-level in the country Continue lendo

Reforming African economies post pandemic

Reforming African economies post pandemic

4 minutos When the tourism and hospitality industries reopen their doors, will tourists and holidaymaker flock in triple and quadruple their previous numbers and will they do so long enough for the industries to stabilize and resume growth? Will air travel shake off the blow it has taken, will it be willing to pocket less profit to attract business or will it hike prices to capitalize the anticipated initial high demand post the pandemic? How individual industries will raise from the ashes of the Continue lendo