Parliament passes special economic zones bill – India

Parliament passes special economic zones bill – India

2 minutos Parliament passed the Special Economic Zones (Amendment) Bill, 2019 which proposes to allow trusts to set up units in SEZs, with the government asserting these zones were an engine of growth and employment. The Rajya Sabha approved the Bill by a voice vote on Thursday, a day after it was passed in the Lok Sabha .  The Bill will replace the Special Economic Zones (Amendment) Ordinance, 2019, which was promulgated in March. The ordinance had paved the way for trusts to set up Continue lendo

China’s pilot free trade zones attract 40,000 foreign enterprises: report

China’s pilot free trade zones attract 40,000 foreign enterprises: report

1 minuto China’s 12 pilot free trade zones (FTZ) have attracted nearly 40,000 foreign enterprises since the first was established in Shanghai over five years ago, a new report showed. Within the period, the zones saw over 600,000 newly-established enterprises in total, according to a report released by the Chinese Academy of International Trade and Economic Cooperation (CAITEC) with the Ministry of Commerce. The zones have attracted 12 percent of the country’s foreign investment inflow and generated 12 percent of China’s imports and exports Continue lendo

Govt pushes ‘economic zones’ for defense – Thailand

Govt pushes ‘economic zones’ for defense – Thailand

1 minuto The Defence Technology Institute shows an unmanned aerial vehicle to be used to survey forest areas in the county. (Photo by Tawatchai Kemgumnerd)  The government is planning new “special economic zones” aimed at better supporting Thailand’s defence technology industry. The plan, backed by Deputy Prime Minister Prawit Wongsuwon who on Wednesday chaired the Defence Council meeting, will be carried out under the 2019 Defence Technology Act. Defence spokesman Kongcheep Tantravanich said a panel would be set up to oversee the zones, but Continue lendo

Lithuania is 3rd in the world according to number of free economic zones — after the USA and Poland

Lithuania is 3rd in the world according to number of free economic zones — after the USA and Poland

5 minutos According to the number of Special Economic Zones (SEZs) operating in the country, Lithuania is the third in the Western world, after the United States of America and Poland. While SEZs can be found in about 70 percent of developed countries and are mostly customs-free zones to encourage foreign trade, Lithuania, Poland, and other countries like Bulgaria are different, with other fiscal incentives offered as well in an effort to boost the growth of industry, especially in the less developed regions of Continue lendo

Free trade zones achieve tangible results

Free trade zones achieve tangible results

2 minutos Free trade zones, from the coastal to the inland provinces, have well implemented the major tasks assigned by the central government in the past five years, a report said on Friday. The first Shanghai FTZ, set up in 2013, has completed 98.99 percent of the tasks-the highest rate, according to the Report on the Development of China Free Trade Zones. The completion rate for the second batch of FTZs in Guangdong province, Tianjin, and Fujian province exceeded 90 percent, the report said. Continue lendo

En auge zonas económicas especiales, revela estudio

En auge zonas económicas especiales, revela estudio

2 minutos La nueva ola de políticas industriales y el aumento de la competencia por las inversiones internacionales provocan el auge de las zonas económicas especiales, reveló un estudio disponible hoy. De acuerdo con el Informe sobre las nuevas inversiones en el mundo de la Conferencia de las Naciones Unidas sobre Comercio y Desarrollo (Unctad), en los últimos cinco años se han creado más de mil de estas zonas, y al menos otras 500 están en la etapa de proyecto. Más de 145 economías Continue lendo

Industry 4.0 and the industrial Internet of Things: A perfect fit for the modern free zone

Industry 4.0 and the industrial Internet of Things: A perfect fit for the modern free zone

2 minutos Industry 4.0 has arrived, and it is reshaping the relationship between manufacturers, digital systems, and skilled and unskilled workers.  Also known as the fourth industrial revolution, Industry 4.0 is the fusion of automation technologies, such as artificial intelligence-driven machine learning and data exchange, with advanced manufacturing technologies such as robotics.  It includes cyber-physical systems, the industrial Internet of Things (IoT), machine-to-machine communications, and cloud computing. The concept of industry 4.0 was developed in Germany; the “4.0” is a nod to previous revolutionary industrial Continue lendo

World Investment Report 2019 – Special Economic Zones

World Investment Report 2019 – Special Economic Zones

1 minuto The World Investment Report supports policymakers by monitoring global and regional foreign direct investment trends and documenting national and international investment policy developments. The policy chapter of this year’s report takes stock of efforts being made towards the reform of international investment agreements and surveys new measures.  Inclusive sustainable development depends on a global policy environment that is conducive to cross-border investment. Last year, global ows of foreign direct investment fell by 13 per cent, to $1.3 trillion. This represents the lowest level since Continue lendo

Governo do Ceará se reúne com empresários de sete multinacionais em busca de investimentos

Governo do Ceará se reúne com empresários de sete multinacionais em busca de investimentos

1 minuto Empresários de sete multinacionais estiveram em reunião na manhã desta quinta-feira, 13, com o governador Camilo Santana (PT), para discutir a promoção comercial e atração de novos negócios entre o Estado e a Catalunha. O encontro, que aconteceu no Palácio da Abolição, é idealizado pela Câmara de Comércio Brasil-Catalunha e pelo Consulado da Espanha. A tratativa é mais uma etapa do memorando de entendimento assinado ano passado entre o Governo e os investidores. “O Ceará está de portas abertas para a Catalunha”, disse o Continue lendo

Pará busca experiência para implantar Zona de Processamento de Exportações do Estado

Pará busca experiência para implantar Zona de Processamento de Exportações do Estado

1 minuto Localização privilegiada e números expressivos em diversas e importantes cadeias produtivas são diferenciais competitivos do Pará, para que a Companhia de Desenvolvimento Econômico do Estado (Codec) concretize um de seus projetos prioritários: a instalação da primeira Zona de Processamento de Exportações do Pará (ZPE), no Distrito Industrial de Barcarena, nordeste paraense. Com o objetivo de promover trocas de experiências com o Ceará, estado que abriga a primeira e única ZPE em efetiva operação no Brasil, integrantes da diretoria da Codec encerraram, na Continue lendo