Learn about the “Free Trade Zone Regime” in Costa Rica

Learn about the “Free Trade Zone Regime” in Costa Rica

2 minutos Costa Rica is a strategic destination for the operation of multinational companies in sectors such as services, advanced manufacturing, life sciences, and light manufacturing. To date, more than 250 leading companies worldwide have chosen the country as a place to expand their operations. Encouraging foreign investment, commercial exchange and employment generation is the main reason for the Free Trade Zone Regime (RZF) in Costa Rica, a measure that can be taken by national and foreign companies wishing to develop their operations in the country. The Continue lendo

China revamps free trade zones as US feud persists

China revamps free trade zones as US feud persists

2 minutos China is expanding its pilot free trade zones as President Xi Jinping raises the banner of deregulation to lure more foreign capital while the U.S. trade war continues unabated. Xi recently touted plans to expand the Shanghai free trade zone, citing its important role in the country’s more open economy. The government will “support bold and creative steps by Shanghai to advance investment and trade liberalization … so that more of its successful practices may be replicated in other parts of China,” Xi Continue lendo

Hainan FTZ launches multi-billion projects

Hainan FTZ launches multi-billion projects

1 minuto Hainan Free Trade Zone this week launched 100 construction projects with a total investment of 29.8 billion yuan ($4.29 billion) from local governments and enterprises in and outside of Hainan. A grand ceremony was held in Haikou, the capital city of China’s southernmost Hainan province, on November 28 to mark the commencement of these projects. Located in major cities and counties around the tropical island, the projects include major infrastructure work such as the second-phase Haixiu expressway and the international convention and exhibition Continue lendo

Special economic zones for creative industry sought

Special economic zones for creative industry sought

3 minutos The Creative Economic Council of the Philippines (CECP) wants creative industry clusters to be designated as special economic zones to allow companies to benefit from fiscal incentives. At Tuesday’s Arangkada forum held in Makati City, CECP Founder and President Paolo A. Mercado said the group is pushing for the identification of creative clusters as special economic zones (SEZs) as part of its road map. The CECP is targeting to have one to five creative cluster SEZs established between 2016 to 2020; five to Continue lendo

China’s cabinet says to push for more reforms in free trade zones

China’s cabinet says to push for more reforms in free trade zones

1 minuto China’s cabinet on Friday unveiled a variety of measures to deepen reforms in free trade zones (FTZs) and qualified individuals in them will be allowed to invest in overseas securities under relevant rules.  An escalating trade war with the United States this year is threatening to overshadow China’s plan to celebrate 40 years of economic achievements since reforms initiated by former Chinese leader Deng Xiaoping in December 1978.  However, Beijing has said it will push for more reforms and economic opening, but Continue lendo

Zona de livre comércio de Shanghai responde por 43% das importações e exportações da cidade até outubro

Zona de livre comércio de Shanghai responde por 43% das importações e exportações da cidade até outubro

1 minuto A Zona de Livre Comércio (ZLC) de Shanghai, com uma área de 120 quilômetros quadrados, gerou 42,9% das importações e exportações do município nos primeiros dez meses deste ano, informaram no domingo as autoridades locais. Os dados vieram dias depois que o Conselho de Estado divulgou uma série de medidas de apoio às ZLC piloto para aprofundar a reforma e a inovação. De acordo com a Alfândega de Shanghai, mais de 19 mil novas empresas foram registradas desde que a ZLC foi fundada, Continue lendo

Workshop on special economic zones: Challenges and perspective for landlocked CAREC countries

Workshop on special economic zones: Challenges and perspective for landlocked CAREC countries

menos de 1 minuto Jointly organized by CAREC Institute, Asian Development Bank, and Shenzhen University, the 2-day workshop gave participants the opportunity to cross-learn about the challenges and perspectives in establishing special economic zones (SEZs), particularly, in landlocked CAREC countries. This follows a national workshop organized by CAREC Institute on “Special Economic Zones as Drivers of Economic Development” in Islamabad, Pakistan in December 2017, focusing on lessons for Pakistan from the People’s Republic of China’s experience on SEZs. The workshop seeks to deepen the Continue lendo

Licitação da ZPE de Pecém deve sair em dezembro

Licitação da ZPE de Pecém deve sair em dezembro

menos de 1 minuto O edital de licitação para o setor II da Zona de Processamento de Exportação do Ceará (ZPE-CE), no Complexo Industrial e Portuário do Pecém (Cipp), entre Caucaia e São Gonçalo do Amarante, deve sair ainda neste ano. Com 154 hectares, o espaço vai receber dentre outros segmentos, empresas do setor do granito. A equipe da Port of Rotterdam, administradora do porto de Roterdã, na Holanda, que recentemente firmou parceira com o Governo do Estado na administração do Porto do Pecém Continue lendo

Bangladesh offers Indonesia to build special economic zones

Bangladesh offers Indonesia to build special economic zones

1 minuto The Bangladeshi government has offered Indonesian investors to build Special Economic Zones (SEZ) where they can build factories or warehouses in the country, Indonesian Ambassador to Bangladesh Rina P. Soemarno stated. “Bangladesh seeks to create a business climate that allows foreign businesses to invest easily. They offer Indonesian businessmen to establish a kind of export processing zone,” Ambassador Soemarno noted here, Tuesday. SEZ is an area where the business and trade regulations applied are different from other countries. SEZs are located in Continue lendo