menos de 1 minuto China’s economic development zones (EDZs) are areas with preferential business policies that differ from those governing the country as a whole. First experimented with in the 1970s, Chinahas created a range of EDZs to attract foreign direct investment (FDI) and boost domestic growth. EDZs provide a broad range of FDI incentives, which vary depending on the specific EDZ. Businesses operating in EDZs can expect, among other incentives, a higher level of autonomy over their operations, a variety of tax exemptions, land and building Continue lendo→

1 minuto O Complexo do Porto do Açu, em operação desde 2014, é um dos destaques da Intermodal South America 2019, o maior evento de logística, transporte de cargas e comércio exterior da Améria Latina, que teve início neta terça-feira (19) e será encerrada amanhã (21), em São Paulo. No estande do Porto do Açu, os visitantes têm informações sobre o maior complexo portuário, industrial e energético do Brasil, localizado em São João da Barra (RJ). Coincidindo com a participação nesse importante evento, o Continue lendo→

1 minuto Chairman of the Myanmar Special Economic Zones Central Committee (MSEZCC) Vice President U Henry Van Thio addressed the coordination meeting 1/2019 of MSEZCC held at the Ministry of Commerce meeting hall in Nay Pyi Taw yesterday afternoon. The meeting was attended by Union Ministers Lt-Gen Kyaw Swe, U Kyaw Tint Swe, U Thant Sin Maung, U Ohn Win, U Win Khaing, U Thein Swe, U Khin Maung Cho, Dr. Than Myint and U Han Zaw, Union Attorney General U Tun Tun Oo, Continue lendo→

2 minutos There are more than 3,500 free trade zones in 165 countries around the world. The number of people who work in free trade zones exceeds 8 million. A free trade zone refers to a geographical region of a particular country where preferential taxation (such as bonded measures, preferential income tax measures, etc.), special regulatory measures and convenient financial and foreign exchange measures are implemented. The China (Shanghai) Pilot Free Trade Zone was officially established in September 2013. During more than a year Continue lendo→

menos de 1 minuto As the federal government makes effort to diversify Nigeria’s economy from oil, if well harnessed, revenue generated from free trade zones could surpass what the country currently earns from the hydrocarbon and sustains the economy.  This position was articulated and reinforced by the immediate past Managing Director of the NAHCO Free Trade Zone, Mr. Baba Yusuf, when he speaks with Chinedu Eze. Yusuf, who is a member of and knowledge contributor to the Geneva-based World Free Zones Organization (World FZO), Continue lendo→

3 minutos THE ongoing “Two Sessions,” the annual gathering of China’s top legislative and political advisory bodies, have shed light on the expansion of the Shanghai free trade zone pilot area. Answering questions put online, Chen Jingying, a Shanghai delegate to the National People’s Congress, said the expansion wasn’t just an increase in geographical space. Instead, the goal is to better serve significant national development strategies as well as the country’s comprehensive reform and opening-up efforts. Chen’s remarks were in response to heated talk Continue lendo→

menos de 1 minuto President’s Adviser and Secretary of Supreme Council of Free Zones Morteza Bank made the remark on Sunday and said, “some $118 billion worth of products were exported from the zone in the past five years. ”In addition, $38 billion worth of products was imported in the zone, registering a significant $80 billion worth of trade balance. Speaking in a meeting of ‘strategies of development of services, products and exports of top Iranian companies’, held at the venue of IRIB Intl. Continue lendo→

1 minuto The Zimbabwean government has designated various tracts of land as Special Economic Zones (SEZ) in a noble production oriented policy which requires follow through. The Special Economic Zones Act (Chapter 14:34) of October 2016 gave birth to the Zimbabwe Special Economic Zones Authority (ZimSEZA) which is a statutory body set up specifically to attract investment, designate, develop and administer economic zones in various parts of Zimbabwe. The country has been struggling to attract foreign investment with FDI inflows averaging $340 million from Continue lendo→

1 minuto Even as major development finance institutions were committing to funding the development of Nigeria’s special economic zones in Abuja, work had commenced on Enyimba Economic City in Abia State. “We agreed to be part of the project because it has been long overdue. We have no doubt that it will succeed,” said Mr Kayode Pitan, managing director of the Bank of Industry. For Abia State Governor, Okezie Ikpeazu, and the communities that donated land, it was hope kept alive as the management Continue lendo→