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Are you passionate about driving innovation, shaping industry trends, and making a global impact? World Free Zones Organization (World FZO) is seeking individuals like you – academics, business experts, students, and researchers – to collaborate with us in pioneering research initiatives, providing industry insights, conducting data analysis, and contributing articles for publication in our esteemed newsletter and bulletin.  Read More.

Shanghai FTZ proves magnet for trade, investment

The China Shanghai Pilot Free Trade Zone (FTZ) has played a key role in the promotion of financial openness and innovation since its establishment 11 years ago, with foreign exporters to China benefiting from policies that expedite customs processing and facilitate trade and investment. In March 2024, the world's first New Zealand kiwifruit charter ship, owned by fruit giant Zespri, arrived in Shanghai.  Read More.

China

China implements measures to align FTZs with international standards

China has fully implemented the first batch of measures to align its pilot free trade zones (FTZs) with high international standards, according to the Ministry of Commerce on Tuesday. In June 2023, China's State Council issued a circular on deepening reforms in eligible FTZs in Shanghai, Guangdong, Tianjin, Fujian and Beijing, as well as in the Hainan Free Trade Port, to align with high-standard international economic and trade rules.  Read More.

Nigeria

FG Inaugurates Steering Committee for Establishment of Digital Free Zones

In a bid to position Nigeria as a hub for global digital trade and innovation, the federal government has inaugurated a steering committee to oversee the initiative for the establishment of digital FZ in the country. The committee is saddled with the task of overseeing the establishment of these digital free zones designed to attract and support tech finance and service-oriented businesses Read More.

Oman

OPAZ unveils enhanced services to attract investors in economic zones in Oman

A key aspect of these initiatives is the Investor Services Project, which introduces advanced electronic services to meet investors' expectations and needs. The Public Authority for SEZ and FZ (OPAZ) has introduced new initiatives aimed at improving services for investors in SEZ, free zones, and industrial zones. These efforts align with OPAZ’s strategy to attract foreign investments and support local business growth. Read More.

Thailand

Rope in start-ups, private sector for SEZ, Thailand urged

Malaysia has proposed to Thailand to involve start-up companies and the private sector in the establishment of Special Economic Zones (SEZ) in order to attract more investments into such areas. Prime Minister Datuk Seri Anwar Ibrahim said the proposal was presented to Thai Foreign Minister Maris Sangiampongsa during a courtesy call on him on Tuesday. “Their involvement (private and start-up companies) can attract more investments into the SEZ.  Read More.