World Free Zones Organization Announces China as Host for its Annual Congress in 2025

The World Free Zones Organization (World FZO) has announced that China will host the 11th annual World FZO World Congress and accompanying exhibition in Hainan Province next year. Read More.

NASS, NEPZA advocate strategies to empower free trade zone host communities

The National Assembly and the Nigeria Export Processing Zones Authority have urged operators of Free Trade Zones and their enterprises to devise and implement more impactful and sustainable strategies aimed at fostering the development, economic growth, and regeneration of the communities that host these zones. They stressed that operators must ensure that their local environments. Read More.

Dubai Integrated Economic Zones Authority strengthens Dubai's standing as global economic and investment hub

Dr Mohammed Al Zarooni, Executive Chairman of DIEZ, said: “The creation of the Dubai Integrated Economic Zones Authority is part of the emirate’s efforts to introduce new frameworks for further improving services provided to businesses and investors, which in turn will help accelerate economic growth. The initiative seeks to consolidate the success of free zones in catalysing growth and adding value to the national economy”.  Read More.

Jamaica

Number, scope of Special Economic Zones being increased

In recent years, Jamaica has focused on increasing the number and scope of Special Economic Zones (SEZs) to enhance economic growth, attract foreign investments and boost exports. This development has been part of the country’s broader Global Logistics Hub Initiative, which aims to position Jamaica as a critical player in international trade. Chief Executive Officer (CEO), Kelli-Dawn Hamilton said, “our mission, in a nutshell, is to increase the number of SEZs.” Read More.

Pakistan

Pakistan vows to facilitate Chinese investors in Special Economic Zones

Pakistan’s Privatization Minister Abdul Aleem Khan promised to facilitate Chinese investors in Special Economic Zones (SEZs), state media reported this week as Islamabad eyes foreign investment in vital sectors to sustain growth and avoid a macroeconomic crisis. SEZs are usually subject to different and more favorable economic regulations compared to other parts of the same country, which include tax incentives and the opportunity to pay lower tariffs. Read More.

Tanzania

Tanzania Chamber of Mines Boosts Mineral Processing with SEZs

Special Economic Zones (SEZs) in Tanzania are driving local investment and participation in critical mineral processing and downstream industries, according to Benjamin Mchwampaka, CEO of the Tanzania Chamber of Mines. In an exclusive interview with Energy Capital & Power at the Critical Minerals Africa forum this month, Mchwampaka explained that the Chamber is working with its members to leverage SEZs for attracting advanced technologies and investments in local mineral processing. Read More.

2024 World Trade Centers Association (WTCA) Member Forum Advances Global Trade And Collaboration To Navigate The Ever-Changing Business Landscape

The “Road to 500” initiative, WTCA’s strategic vision focused on expanding its global Membership to 500 WTC locations over the next decade, was a central focus of discussions at this year’s event. A key session, “The Road to 500: WTC Free Trade Zones,” highlighted the far-reaching expansion of Free Trade Zones and Special Economic Zones globally, and how WTCA is actively developing partnerships with these trade zone entities in support of its membership goal. Read More