Series of  CAREC  Trade Sector Events on  Special Economic Zones, Supply Chain Connectivity, and  Resilient  Border Operations

World FZO to participate in CAREC event taking place 13-15 September 2022 in Ulaanbaatar, Mongolia and via Zoom. Find out details about the different sessions here. Read more.

Bangladesh

Economic zones make Bangladesh top investment destination: FBCCI

Federation of Bangladesh Chambers of Commerce and Industries (FBCCI) president Md Jashim Uddin has suggested that Bangladesh be marketed as the most attractive investment destination in Asia by drawing local and global investment to the nation’s economic zones at a recent meeting in Dhaka. Read more.

China

China's northernmost free trade zone sees 72.8 percent trade growth with Russia in first half of 2022

Trade volume with Russia in the China (Heilongjiang) Pilot Free Trade Zone has reached 13.503 billion yuan (about $1.96 billion) in the first half of 2022, growing by 72.8 percent year on year, according to authorities in Heilongjiang. Read more.

Indonesia

Government urged to accelerate free-trade zone set-up in Sabah east coast

The federal government should allocate funds to accelerate the establishment of a free-trade zone in Lahad Datu's Palm Oil Industrial Cluster (POIC) to boost economic growth in Sabah's east coast region. Read more.

Pakistan

Chinese pioneer industrialists invited to invest in Pakistan’s SEZs

Commercial Counsellor, Pakistan Embassy Beijing, Ghulam Qadir has called upon the Chinese pioneer industrialists to take advantage of the incentives and investment-friendly policies offered by Pakistani government for the foreign investment in the special economic zones (SEZ’s). Read more.

Local ecozones as model for Commonwealth countries

Commonwealth countries are looking at the Philippines’ model in special economic zone (SEZ) development. QaziYawarNaeem, trade competitiveness adviser of the Commonwealth Secretariat in London, paid a visit to the Philippine Economic Zone Authority (PEZA) to look into the Philippines’ SEZs as basis for a case study for the Trade Competitiveness Section of the Commonwealth Secretariat. Read more.

SEZs – investments for future

The significance of a vision supported by a framework of policies is instrumental in a country’s growth. Here I will be discussing the importance of Special Economic Zones or as we know them SEZs.  Read more.

Nigeria Plans to create a virtual Free Zone with Binance Crypto Exchange

The Nigerian Export Processing Zones Authority (NEPZA) is in discussions with crypto exchange Binance over plans to create a virtual free zone focusing on blockchain and the digital economy. NEPZA, which helps regulate and operate free zones in the country, wants the result to be similar to Dubai's virtual free zone. Read more.