World FZO Weekly News


November 16, 2021	View in browser

WORLD FZO NEWS

Ministry Of Economy Of Brazil Visited World FZO Head Office

TOn November 16, Mr. Geanluca Lorenzon, Secretary for Competition and Competitiveness and the responsible for Special Economic Zones policies, Ministry of Economy of Brazil, Learn more.

LATEST FREE ZONES NEWS

Bangladesh

Bangladesh hopeful of getting huge investment from Dubai

Bangladesh is hopeful of receiving large-scale investment from Dubai in the near future in the special economic zones being set up in a planned manner, a recent seminar on ‘Invest in economic zones: opportunity beyond border’ organised by the Bangladesh Economic Zones Authority (BEZA) and the Bangladesh mission in the United Arab Emirates at the World Expo 2020 in Dubai. Learn more.

Cambodia

Royal Group to develop special economic zone in Koh Kong province

The Royal Group has been given permission to develop an 8,631 hectare plot in Koh Kong province into a special economic zone (SEZ). A sub-decree dated September 15 reclassified the land in Botum Sakor National Park as state private land, or land that belongs to the state but has no public interest value. Learn more.

China

Shanghai tops the country in FTZ liberalization

Shanghai leads the nation in the level of investment liberalization and facilitation, according to the latest ranking of Chinese free trade zones. The PwC study of about two dozen FTZs takes into account several criteria, such as business environment and accessibility, investment promotion and investment protection. Learn more.

Tanzania

Bagamoyo SEZ negotiations all set to commence afresh

After the formation of a negotiation team last month, the government says it will soon announce the start of negotiations for the multi-billion dollar Bagamoyo Special Economic Zone (SEZ). The permanent secretary in the Ministry of Works and Transport in-charge of Transport, Mr Gabriel Migire, told The Citizen that the government formed a team to prepare the country’s position on what interests it requires when it comes to project implementation. Learn more.

INTEREST

Learn more about Lithuania's 7 free economic zones and the tax incentives they offer

Lithuania’s seven Free Economic Zones are located in various locations across the country and provide unbeatable conditions for developing business by offering ready to build industrial sites with physical and/or legal infrastructure, support services, and tax incentives. Learn more.

BEPZA gets new executive chairman

Major General Abul Kalam Mohammad Ziaur Rahman took over the charge of the executive chairman of the Bangladesh Export Processing Zones Authority. Before joining BEPZA, Major General Ziaur Rahman was the General Officer Commanding of 7 Infantry Division. Learn more.

VIDEO OF THE WEEK

Watch experts Gustavo González de Vega, president of the Association of Free Zones of the Americas (AZFA) and Martín Gustavo Ibarra, Advisor to the Board of Directors of the World Free Zones Organization, discuss the main benefits of the Free Trade Zone regime in Latin America.

World Free Zones Organization

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Tel: +971 4 204 5473

info@worldfzo.org

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