Emerging economies under increasing pressure – economic slump in free zones

Emerging economies under increasing pressure – economic slump in free zones

1 minuto A survey conducted by the Kiel Institute among the approximately 5,000 special economic zones worldwide provides evidence of drastic economic losses as a consequence of the corona pandemic. This is further indication of the increasing risk of severe recession in emerging economies or even sovereign defaults.The survey conducted at the end of March and in the beginning of April by the Kiel Institute in cooperation with the World Free Zones Organization shows that more than 90 percent of the special economic zones Continue lendo

World FZO 6th AICE 2020 Online Event – Free Registration

World FZO 6th AICE 2020 Online Event – Free Registration

menos de 1 minuto The World FZO sixth Annual International Conference (AICE), the year’s single most important global forum for free zone stakeholders, is the first global conference to go online from Dubai, featuring world-class caliber experts, academics, and senior policy makers as they come together to examine the most effective solutions that free zones can access in the face of new challenges in a rapidly changing industry landscape.  This online event features the five panel discussions of the event’s plenary sessions available around Continue lendo

Impact of COVID-19 on the special economic zones – India

Impact of COVID-19 on the special economic zones – India

2 minutos India has been touted as the next global manufacturing hub. Moreover, COVID-19 offers a unique proposition to investors and companies to invest and manufacture here. Also, the industries have a good opportunity to export their products to the world, besides supplying to the growing domestic market. According to the UBS report, India continues to be among the top destinations in Asia for manufacturing shift. Also, a recent report by the Government states that Special Economic Zones (SEZs) have continued to lead in Continue lendo

Los dispositivos médicos lideran las exportaciones de ZF – Republica Dominicana

Los dispositivos médicos lideran las exportaciones de ZF – Republica Dominicana

3 minutos De cada 100 dólares que exportan las zonas francas, 25 son del segmento dispositivos médicos y productos farmacéuticos. El segmento dispositivos médicos y productos farmacéuticos exportó el pasado año US$1,659 millones, monto que representó una cuarta parte del valor total exportado por el sector zonas francas. Ese núcleo, el único componente de su sector que labora sin restricción legal, solo con las limitaciones administrativas discrecionales que emanan del “distanciamiento social” mandado por el tema del coronavirus, es la cabeza del nuevo giro de Continue lendo

Las zonas francas y una oportunidade exportadora tras el coronavirus

Las zonas francas y una oportunidade exportadora tras el coronavirus

2 minutos Muchos especialistas consideran a la pandemia del coronavirus cómo la crisis más difícil desde el fin de la II Guerra Mundial. Además de las 30.000 pérdidas de vidas que se actualizan día a día, la mitad de la población se encuentra confinada en sus hogares, 300 millones de jóvenes en el mundo no asisten a clase, una importante cantidad de industrias y comercios –en su gran mayoría pymes– se encuentran paralizados y las pérdidas de capitalización bursátil para las grandes empresas alcanza Continue lendo

World FZO Outlook Report 2020

World FZO Outlook Report 2020

3 minutos 2020 began on a note of cautious optimism, with international institutions predicting an uptick in growth. The reality was starkly different. The Covid-19 virus spread across the world and brought in its wake uncertainty, fear and disruption on a scale not seen for generations. In recent weeks, this global pandemic has affected our entire lives, and more specifically, our livelihoods.  Forced to react, governments have taken drastic measures to quell the spread of this disease. Lockdowns, air travel embargos, and emergency stimulus Continue lendo

Special Economic Zones seek relief package to boost exports, jobs amid coronavirus lockdown

Special Economic Zones seek relief package to boost exports, jobs amid coronavirus lockdown

1 minuto Apex body for promotion of special economic zones EPCES has sought intervention of Prime Minister Narendra Modi for an incentive package for the sector, which is facing challenges due to the lockdown on account of Covid-19 outbreak. In a letter to the Prime Minister, Export Promotion Council for SEZs and EOUs Vice Chairman Bhuvnesh Seth said the pandemic has severely impacted the sector with more than 50 per cent loss of export orders. He said that liquidity too is badly hit on Continue lendo

Leveraging a new generation of industrial parks and zones for inclusive and sustainable development – strategic framework

Leveraging a new generation of industrial parks and zones for inclusive and sustainable development – strategic framework

3 minutos UNIDO was among the first development agencies to define guidelines for the establishment of industrial parks in the 1990s.In the 2000s, several UNIDO publications addressed the issue of industrial parks such as UNIDO Industrial Development Report 2002/2003: Competing through Innovation and Learning and Industrial Development Report 2009: Breaking In and Moving Up: New Industrial Challenges for the Bottom Billion and the Middle- Income Countries.  A series of regional conferences on industrial parks were held from 2010 to 2015 in Azerbaijan, Slovenia and Belarus and led Continue lendo

Over 280 units in SEZs operational to manufacture pharmaceuticals, hospital devices

Over 280 units in SEZs operational to manufacture pharmaceuticals, hospital devices

menos de 1 minuto More than 280 units engaged in manufacturing essential items like pharmaceuticals and hospital devices at special economic zones are operational amid countrywide lockdown to curb the spread of coronavirus (COVID-19) epidemic, the government said. Besides, more than 1,900 IT and IT-enable service units have been facilitated to enable their employees to work from home. “All development commissioners are closely coordinating with the units for their smooth functioning while ensuring that all necessary precautions of workplace safety including social distancing are Continue lendo

China abrirá novas zonas piloto integradas de e-commerce transfronteiriço para estabilizar comércio exterior e investimento

China abrirá novas zonas piloto integradas de e-commerce transfronteiriço para estabilizar comércio exterior e investimento

4 minutos A China estabelecerá 46 novas zonas piloto integradas para o comércio eletrônico transfronteiriço, além de apoiar o comércio do processamento com novos passos e realizar a Feira de Cantão online, para manter estáveis o comércio exterior e o investimento estrangeiro em meio à epidemia, de acordo com a reunião executiva do Conselho de Estado presidida pelo premiê Li Keqiang na terça-feira. As vendas no varejo dos negócios de comércio eletrônico transfronteiriço na China atingiram 186,21 bilhões de yuans (US$ 26,25 bilhões) em Continue lendo