Several economic zones in the country are gearing up to go into large-scale production this month, as 14 industrial plants, ready to enter full-fledged manufacturing, await
official opening. Prime Minister Sheikh Hasina will inaugurate the commercial operation of 14 industrial factories in five economic zones. Read more.
China's free trade zones have helped deepen the country's opening-up efforts and contributed to several tangible achievements during the past decade. Here is a closer look
at the development of free trade zones and their contributions to the Chinese economy. Read more.
Vice President Yemi Osinbajo SAN on behalf of President Buhari has launched the Special Agro Industrial Processing Zones, SAPZ Program in Nigeria in Abuja. The program was
organized by the Federal Government with co-financing from the African Development Bank, ADB the Islamic Development Bank, and the International Fund for Agricultural
Development. Read more.
Japanese think tank firm, the Japan Developments Institute (JDI) will be arriving in the country for a fact-finding mission on the development of Special Economic Zones (SEZs)
in Papua New Guinea. The JDI has been engaged by many Governments in Asia and Africa over the last 40 years to develop SEZs including China, the Philippines, Bangladesh,
Tanzania and many others. Read more.
The government has pledged to move ahead with new regional economic corridors and continuation of its promotion of 10 existing special economic zones (SEZs) in an effort to
decentralise development and growth, as well as lure investment to the provinces. Read more.
Union Commerce and Industry Minister Piyush Goyal recently said that the Indian government would look into the industry's demand to allow 100 per cent work from home for employees
of units in special economic zones (SEZs). The action is anticipated to promote service exports and generate jobs in small cities. Read more.
The Dominican economy grew 5.4% in January-September 2022. Only in the month of September, it was 4.8 % inter-annually, according to the results of the real gross domestic
product (GDP) of the monthly indicator of economic activity (IMAE). Read more.
DMCC – the world’s flagship free zone and Government of Dubai Authority on commodities trade and enterprise – has signed a Memorandum of Understanding (MOU) with Logis, an
agri-logistic free trade zone that is being constructed in Panama. Once completed, Logis will be the largest free trade zone of its kind in Central and Latin America.
DP World recently hosted “The India-UAE Bridge; Dubai – India’s Gateway to the World” along with the Confederation of Indian Industry (CII) for key business leaders in Mumbai
to showcase the role of Jebel Ali Port and Free Zone in boosting non-oil trade between the UAE and India to US$100 billion over the next five years, complementing the
Comprehensive Economic Partnership Agreement (CEPA). Read more.
VIDEO OF THE WEEK
Safe Zone Certification Webinar
WORLD FZO OFFERS
World Free Zones Organization
Office # 1090, 1st Floor, 7W-B, Dubai Airport Free Zone . PO Box 371113, Dubai, United Arab Emirates.