Twelve private economic zones in Bangladesh have received good responses from investors drawing investment proposals involving $4.27 billion from local and foreign entrepreneurs
in the past six years. Read more.
The CNZFE has approved the establishment of 9 new fFTZ companies and two industrial parks across the country, creating 2,127 direct jobs. The new companies approved in the
Board of Directors ordinary session will invest 3,173 million pesos and plan to generate foreign currency worth 12.3 million dollars. Read more.
Business process outsourcing (BPO) companies operating within Special Economic Zones (SEZs) are now being afforded the benefit of employment tax credit (ETC), which provides
business owners the ability to claim credit against income tax payable for the contributions to their employees' statutory deductions. Read more.
Special Economic Zones Authority (SEZA) Chairman S.M Naveed said that SEZs could play a vital role in improving the regional connectivity regarding trade. S M Naveed, who
was a former PCJCCI President, expressed these views in a think-tank session of Pakistan China Joint Chamber of Commerce and Industry (PCJCCI). Read more.
The Dubai free zone DMCC is tokenising trade in gold and backing it up by physical bullion stored on its Tradeflow platform. This way, the entity expects to bring in more
transparency into deal flows involving the metal. Read more.
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