Taiwan free trade zones
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Pilot free trade zones: Taking reform and opening-up to new heights
6 minutos Forty years ago, China began to set up special economic zones in Shenzhen, Zhuhai, Shantou, and Xiamen, as “testing grounds” for China’s reform and “windows” for its opening-up. At the Boao Forum for Asia Annual Conference in 2018, Chinese President Xi Jinping pointed out that opening-up was key to China’s economic growth over the past four decades, and in the same vein, high-quality development of China’s economy in the future can only be achieved with greater openness. Since the 18th National Congress Continue lendo→
Special Economic Zones: An Ignored Economic Solution
4 minutos Developing nations wish to be the USA or the China of tomorrow but it needs planning and strategy. Economic development and growth are the targets and funding is needed. Public-Private sector combined growth drive is needed to achieve such targets, and one of the strategy is the use of Special Economic Zones (SEZ). These are regions within a country that have economic laws more liberal than that country’s typical economic laws. They have been used for decades by developing countries to attract Continue lendo→
Tax Benefits of a Special Economic Zone – South Africa
menos de 1 minuto In his State of the Nation address, President Ramaphosa announced that South Africa would be looking into the possibility of creating more special economic zones. A special economic zone is a distinct demarcated area that has been earmarked for economic development and which provides tax incentives to attract investment to the area. The tax incentives are available to certain types of companies operating within that special economic zone (SEZ). The main tax benefit available to a qualifying company within a Continue lendo→
Prefeito Paulo Piau tenta mais prazo para ZPE e descarta abandono de projeto
3 minutos Prefeitura tenta nova prorrogação do prazo para implantação de infraestrutura básica em área destinada à ZPE (Zona de Processamento de Exportação). A informação é do prefeito Paulo Piau (MDB), justificando que a medida é necessária para dar tempo para o Congresso Nacional definir as mudanças referentes às exigências para instalação de empresas na ZPE. A data-limite para realização das obras de infraestrutura na ZPE em Uberaba já foi estendida duas vezes pelo governo federal. O prazo agora vence em junho deste ano, Continue lendo→
São as ZPEs compatíveis com a política liberal do governo?
menos de 1 minuto As zonas de processamento de exportação têm efeito positivo nas contas públicas e ajudam na criação de ambiente competitivo. Leia mais
Industrialisation: Special economic zones offer fresh vista
8 minutos The Federal Government appears unrelenting in its push for rapid, inclusive and sustainable industrialisation, job creation and diversified export earnings. Undeterred by the barrage of import ban on Nigeria’s agro-allied products by some importing countries over the failure to meet international quality standards, government has, this time, turned to the use of export-oriented Special Economic Zones (SEZs). SEZs operate against the background of highly efficient infrastructural facilities, less bureaucracy and streamlined one-stop-shop operational procedures. This is partly because of the bespoke incentives Continue lendo→
What’s so special about special economic zones?
3 minutos The special economic zones (SEZs) are special, because they promise to offer something that the country in which they are located does not offer. SEZs provide a more liberal business environment, a much better governmental interface and lucrative incentives. But most importantly, they promise to resolve the fundamental investment constraints that the country faces. What holds back investors from investing in Pakistan? Besides quoting security concerns that are now rapidly fading, businesses and investors often complain about poorly skilled workforce, corruption, cumbersome Continue lendo→
Japan to invest in 2 SEZs in Bangladesh, pledges more
1 minuto Japan will be investing in two Special Economic Zones in Bangladesh, all the while promising that more investment of the leading Asian economy will come into the country. The two Special Economic Zones are in Narayanganj’s Araihazar upazila and Chattogram’s Mirsarai upazila, Commerce Minister Tipu Munshi said after holding a meeting with Japanese Ambassador Hiroyasu Izumi at his office on February 14, 2019. The investment is coming in the 100 Special Economic Zone project (SEZ) taken up by the administration of Prime Continue lendo→
The U.S. Foreign-Trade Zones Program: Economic Benefits to American Communities
1 minuto Foreign-trade zones (FTZs or zones) provide tariff savings and other benefits to companies that engage in import and export operations in the United States. These benefits were provided by Congress beginning in 1934 to encourage U.S. economic activity in manufacturing and distribution, and employment that might otherwise be performed abroad. Economic analysis of the effects of FTZs is limited, particularly the impact of FTZs on economic activity and jobs in localities with operational zones. To remedy this deficiency, the National Association of Continue lendo→