Finding solutions to the myriad of global challenges must include channeling more investment towards the SDGs in new and innovative ways. SEZs have the potential to be transformational
tools to drive finance and innovation towards SDG-related sectors and projects. As SEZs continue to expand and develop across the world, particularly in developing countries,
the Global Alliance of Special Economic Zones (GASEZ) is committed to supporting their contribution to sustainable development. Read More
The construction of an export processing zone (EPZ) in Patuakhali will begin soon after all land acquisition costs are cleared within the next one month or so, according to
project officials. The planned EPZ featuring 306 industrial plots will be built on 410.78 acres of land in Pachakoralia Mouza of Auliapur union under Patuakhali sadar
upazila. Read more.
China will expand a globally oriented network of high-standard free trade zones, President Xi Jinping said Saturday while addressing the Global Trade in Services Summit of
the 2023 China International Fair for Trade in Services via video. Read more.
The minister in the letter to the commerce ministry had requested for allocation of four SEZ including those in Bodh Gaya, Fatuha, Muzaffarpur and Bhagalpur. Talking to the
media persons in Madhubani, the minister said that he has sent a letter to the central government for allocating at least four SEZs in Bihar to help the state become a
new investment destination. Read more.
As has been the trend in prior years, Puerto Rico has distinguished itself among the top 25 U.S. states and jurisdictions in several categories of merchandise movement, both
in the production and manufacturing sector and in the storage and distribution sector, according to the 84th Annual Report of the Foreign-Trade Zones Board to the U.S.
Congress. Read more.
Venezuela published Decree No. 4838, Decree No.4839, Decree No. 4840, and Decree No. 4841 in Official Gazette No. 6.756 of 10 August 2023, which provide for the establishment
of four new special economic zones and related tax incentives with a focus on production sectors, including production for export. Read more.
In a groundbreaking development, Itana, the brainchild of ex-Andela and Flutterwave co-founder Iyinoluwa Aboyeji, is set to establish Africa’s first digital free zone. With
the backing of venture capital firms LocalGlobe and Pronomos Capital, Itana aims to revolutionize the ease of doing business in Nigeria and drive foreign direct investment
(FDI) in the country. Read more.
Navigating the world of special economic zones (SEZs) can feel like navigating uncharted waters. You’re eager to expand your business, but you’re unsure of the terrain. This
insider’s guide will help you understand SEZs, their role in business growth, their benefits, potential challenges, and practical strategies for expansion. Read more.
The Shanghai Free Trade Zone, which marks its 10th anniversary this month, is set to embark on a new round of financial reforms and innovation as the rapid growth of China’s
foreign trade puts new demands on financial services. Read more.
VIDEO OF THE WEEK
Update on Special Economic Zone (SEZ) development in Papua New Guinea
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