Free trade zones give companies 30% savings in operating cost

Free trade zones give companies 30% savings in operating cost

1 minuto Companies operating in the Nigerian export processing zones could save up to 30 percent in operating cost, according to the Managing Director, Nigeria Export Processing Zone Authority (NEPZA), Mr Emmanuel Jime. Speaking on ‘Investment Opportunities in Nigeria’s Free Trade Zones’ at the June breakfast meeting of the Nigerian-American Chamber of Commerce (NACC) in Lagos, Jime, who was represented by a Director in NEPZA, Mr Richard Obiano, said about 30 per cent reduction in operating costs could be achieved by companies in EPZs Continue lendo

Southern Special Economic Zones in Italy and the EU State Aid regime

Southern Special Economic Zones in Italy and the EU State Aid regime

menos de 1 minuto The Law for the development of southern Italy opened the door for a series of measures aimed at enhancing economic growth in the South. The law is a roadmap for the south that just might have sufficient flexibility to be successful. It establishes that a Regulation will be issued defining the economic aspects of development, in particular the Special Economic Zones. On 27 February 2018 the Regulation for the establishment of Special Economic Zones (ZES) came into force. The decree of Continue lendo

Moçambique e China estabelecem intercâmbio para exploração de madeira

Moçambique e China estabelecem intercâmbio para exploração de madeira

1 minuto Os Governos de Moçambique e China assinaram um memorando, que permite que Moçambique passe a controlar informação sobre os volumes de madeira que sai do país para China. O memorando prevê que os dois países estabeleçam um intercâmbio para exploração, transporte, comercialização e exportação de madeira. A assinatura do memorando consolida esforços que os dois governos tem estado a empreender no combate ao comércio ilegal da madeira, que lesou ao Estado moçambicano em aproximadamente Mil milhões de Dólares norte americanos, nos últimos Continue lendo

Zona franca industrial de servicios turísticos – Colombia

Zona franca industrial de servicios turísticos – Colombia

3 minutos Se entiende por Zona Franca Industrial de Servicios Turísticos, un área geográfica delimitada del territorio nacional, con el objeto primordial de promover y desarrollar la prestación de servicios en la actividad turística, destinados al turismo receptivo y de manera subsidiaria al turismo nacional. Son actividades turísticas entre otras, la prestación de servicios de alojamiento, de agencias de viajes, restaurantes, organizaciones de congresos, servicios de transporte, actividades deportivas, artísticas, culturales y recreacionales. Las Zonas Francas Industriales de servicios turísticos reciben los siguientes beneficios: Continue lendo

The future of special economic zones in Afghanistan

The future of special economic zones in Afghanistan

5 minutos The concept of special economic zones in Afghanistan is not intentional, rather accidental.  The scheduled withdrawal plan of U.S. and NATO forces in 2014 left a huge amount of infrastructure to Afghan forces. This included $2 billion worth of infrastructure and equipment at eight strategic airfields in the country, equipped with sophisticated machinery and a well-developed infrastructure. Bastion-Helmand and Bagram-Kabul, in particular, are of considerable importance. Ashraf Ghani, the current president of Afghanistan and a former World Bank employee, proposed creating special economic zones (SEZs) at Continue lendo

Special economic zones as an engine of regional economic development: the best practices and implications for Uzbekistan

Special economic zones as an engine of regional economic development: the best practices and implications for Uzbekistan

menos de 1 minuto Special economic zones (SEZs) are considered as an effective tool to stimulate industrialization and structural transformation, but only when implemented properly in the right context. The aim of the paper is to review the existing practices of establishment of Special Economic Zones using the case successful countries including China, Korea, Singapore and the UAE and explain how they contribute for the development of regional economy. Moreover, the current paper provides the latest initiatives taken by the Uzbek government to establish Continue lendo

The UAE offers an oasis of opportunity

The UAE offers an oasis of opportunity

6 minutos Last week I took part in a webinar that explored how Canadian companies can take advantage of the many business opportunities in the United Arab Emirates. If you weren’t part of the live audience, I urge you to watch it on-demand to get a quick overview of this dynamic market—especially some of the recent legislative changes that will make it easier than ever to do business there. Fellow panelists included Owais Ahmed, EDC’s Chief Representative for the Middle East & North Africa Region, as Continue lendo

How free trade zones can drive industrialisation, foreign investments

How free trade zones can drive industrialisation, foreign investments

2 minutos To drive industrialization and attract Foreign Direct Investments (FDIs) into the country, the Nigeria America Chamber of Commerce (NACC) has emphasised the need for the present administration to prioritise developmental efforts towards developing infrastructural facilities at the nation’s free trade zones. Indeed, the chamber stated that against the backdrop of depleting natural resources, governments of the world over are increasingly identifying Free Trade Zones as a veritable tool to fast track industrialization and for sustainable economic development. The president, NACC, Otunba Oluwatoyin Continue lendo

LIDE Ceará realiza seminário de desenvolvimento e competitividade

LIDE Ceará realiza seminário de desenvolvimento e competitividade

1 minuto No próximo dia 21 (quinta), o LIDE Ceará (Grupo de Líderes Empresariais do Ceará) realizará o Seminário de Desenvolvimento e Competitividade. O evento será realizado com visita ao Complexo Industrial e Portuário do Pecém (CIPP), seguida do seminário, na sede do Banco do Nordeste do Brasil. O evento terá palestras de César Ribeiro, Secretário de Desenvolvimento Econômico (SDE), Romildo Carneiro Rolim, presidente do Banco do Nordeste do Brasil (BNB). O evento tem como objetivo discutir o potencial competitivo do Nordeste frente às Continue lendo

L’Ouganda adopte de nouvelles incitations fiscales pour attirer davantage d’investisseurs dans ses zones franches

L’Ouganda adopte de nouvelles incitations fiscales pour attirer davantage d’investisseurs dans ses zones franches

1 minuto L’Ouganda a annoncé de nouvelles mesures d’incitation fiscale afin d’attirer les investisseurs locaux et étrangers dans ses zones franches. L’autorité fiscale d’Ouganda (URA) a fait savoir qu’à partir du nouvel exercice budgétaire 2018-2019, qui débutera en juillet, les investisseurs des zones franches seront exonérés de taxe sur la valeur ajoutée, de droits d’accise et d’impôt sur le revenu. Cyprian Chillanyang, commissaire adjoint à la politique sur les entreprises au sein de l’URA, a déclaré mardi aux journalistes que ces mesures visaient à Continue lendo