Nigeria can’t develop without free trade zones, digital marketing – NEPZA boss

Nigeria can’t develop without free trade zones, digital marketing – NEPZA boss

2 minutos The Acting Managing Director, Nigeria Exports Processing Zones Authority, Mr Terhemba Nongo, has said that Nigeria’s quest for industrialisation may not be achieved without massive investments in free trade zones. He said this in Abuja during an event organised by NEPZA’s workers to mark his 60th birthday and his retirement from the agency. Also, the Nigeria Export Promotion Council has stressed the need for business owners and other stakeholders in the export processing to embrace digital marketing as a solution to the Continue lendo

Not-so-special economic zones. Pakistan

Not-so-special economic zones. Pakistan

2 minutos Global experience shows that Special Economic Zones (SEZs), geographically defined and delimited areas to set up manufacturing and services industries, can prove to be an important vehicle for attracting international and domestic investment, diversifying and boosting exports, creating jobs, reducing regional disparities and encouraging the transfer of technology. By offering an attractive mix of policy and fiscal incentives to investors, governments often insulate them from the uncertain external business environment that governs the industry operating outside of these areas. Like China, India Continue lendo

Updated SEZ, investment laws to improve business climate. Cambodia

Updated SEZ, investment laws to improve business climate. Cambodia

2 minutos The government of Cambodia is working on new laws to regulate special economic zones and investment, Prime Minister Hun Sen said on Sunday.. The new laws will attract investment into the country by providing incentives, enhancing transparency, and promoting fair competition. They are part of government reforms to improve the business environment here, the premier said. Speaking at the 14th Cambodia Import Export One Province One Product Exhibition, held on Sunday in Phnom Penh, Prime Minister Hun Sen said the new regulations Continue lendo

Govt reforms special economic zones framework. India

Govt reforms special economic zones framework. India

menos de 1 minuto The government on Friday announced reforms to the existing SEZ legal framework whereby provisions for minimum land area and sector specific and multi-product SEZs have been amended. Henceforth, all existing and new SEZs would become multi-sector SEZs thereby enabling coexistence of a SEZ unit from any sector along with any other SEZ unit. Further, the provisions governing the minimum land area requirement for setting up of SEZs have also been relaxed and simplified, an official statement said. “The amendment which Continue lendo

Zonas Francas de Iberoamérica analizan en Panamá la reinvención del modelo de negocio

Zonas Francas de Iberoamérica analizan en Panamá la reinvención del modelo de negocio

3 minutos En el marco de la XIII Cumbre Empresarial China-LAC, la Asociación de Zonas Francas de las Américas (AZFA) efectuó hoy su encuentro anual, en el que más de una veintena de representantes abordaron temas vinculados a los avances y retos para el desarrollo de estas zonas económicas especiales, que albergan más de diez mil empresas, tanto en Latinoamérica como España. Correspondió al viceministro de Comercio Exterior, Juan Carlos Sosa, abrir la jornada en representación del Gobierno de Panamá, reconociendo los impactos positivos Continue lendo

China extends pilot free trade zones to strategic border regions

China extends pilot free trade zones to strategic border regions

4 minutos China will establish new pilot free trade zones (FTZs) in six provinces across the country, extending strategic trials to border regions to help improve trade ties with neighbouring countries and expand the reach of the Belt and Road Initiative. The move, announced on Monday, also adds free trade zones in underdeveloped provinces, making them more attractive to high quality manufacturing in a bid to support their local economies and help weather the impact from the escalating trade war with the United States. Continue lendo

Presidente Duque presenta en Cúcuta incentivos de zonas económicas y sociales

Presidente Duque presenta en Cúcuta incentivos de zonas económicas y sociales

2 minutos Desde Cúcuta, este sábado el presidente Iván Duque presentó los incentivos tributarios de las Zonas Económicas y Sociales Especiales (ZESE), un régimen especial tributario que le apuesta a disminuir el desempleo, la informalidad, el deterioro de las condiciones de vida y los altos niveles de pobreza en Norte de Santander, La Guajira y Arauca, así como en las ciudades de Armenia y Quibdó.  El mandatario, quien estuvo en la sede de la Cámara de Comercio de Cúcuta, sostuvo que entre dichos incentivos se destaca el “cero impuesto de renta, por un período de 5 años, y después la mitad del impuesto de Continue lendo

The booming business of free zones

The booming business of free zones

1 minuto Ease of doing business is one of the key indexes that will guide world economies in the next decade. FTZs and SEZs have emerged as critical hubs guiding investments, creating jobs, leading innovation and contributing to national economic development. Free zones offer businesses simple setup procedures, affordable rates, and favourable trading location, creating an environment hard to beat. Over time, FTZs and SEZs have emerged as necessary platforms a country creates to attract investment. Low costs – both for the establishing agency/economy Continue lendo

Ouverture du Forum sur le rôle des zones franches et industrielles

Ouverture du Forum sur le rôle des zones franches et industrielles

4 minutos La 2ème édition du Forum sur le rôle des zones franches et industrielles s’est ouverte, mercredi à Tanger, avec la participation d’hommes d’affaires et de hauts responsables représentant quelque 15 pays arabes. Placé sous le Haut Patronage de SM le Roi Mohammed VI et ayant pour thème « les zones franches et industrielles, un système d’attractivité des investissements et de facilitation du commerce », ce forum vise à favoriser les échanges entre les hommes d’affaires des différents pays arabes et de présenter les projets Continue lendo

Special Economic Zones: A Model for the Middle East and North Africa

Special Economic Zones: A Model for the Middle East and North Africa

menos de 1 minuto The Middle East and North Africa (MENA) have enormous economic potential with remarkable natural resources and industrial production capacities. While considerable progress for economic reforms has been reached already, a deeper regional integration and stronger cooperation can provide the needed impetus for facilitated development and upgraded national as well as regional economic structures in the wider region. One economic and business tool that could help generate growth and encourage regional integration is the “Special Economic Zone” (SEZ).  SEZs can be Continue lendo