The World Free Zones Organization (World FZO) has announced that China will host the 11th annual World FZO World Congress and accompanying exhibition in Hainan Province next year. Read More.
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Managing Director and Chief Executive Officer of the Nigeria Export Processing Zones Authority (NEPZA), Dr. Olufemi Ogunyemi, has pledged support for Kogi state government by activating processes that would lead to the timely approval, licensing and other assistance the state may require to secure the establishment of a special economic zone. Read More.
The Free Trade Zone Regime (RZF) reaffirms its role as one of the main economic drivers of Costa Rica, with an absolute contribution of US$12.27 billion in 2023, representing 14% of the Gross Domestic Product (GDP), this contribution includes a notable growth in local purchases, which reached US$5.6 million, reflecting an annual increase of 24%, and the solid link between the regime’s companies and national suppliers. Read More.
The groundwork for Oman’s latest free zone near the Saudi border is set to begin with Public Authority for Special Economic Zones and Free Zones floating a tender for Economic Zone at Dhahirah (EZAD).The tender is focused on developing essential infrastructure like main roads, protection channels and a drainage system. Read More.
The UAE’s free zones will continue to be a hub of growth and opportunity for global investors and businesses in the years to come despite competitive environment across the globe. The free zones have played a pivotal role in promoting productive diversification within the UAE’s economy in recent years by supporting global investors seeking to expand their businesses to the Middle East and North Africa (Mena) region, top executives say. Read More.
This is also an opportunity for the city to exchange and discuss specific solutions and tasks to promote the development of the logistics industry, as well as orientation for the construction of the Danang FTZ. According to Danang’s planning for this decade, approved a year ago, it aims to become a regional logistics centre - an orientation considered more feasible with the presence of an FTZ. Read More.
Countries can leverage on creative financial tools such as debt swaps, green bonds, blues bonds, and others, to unlock resources needed to protect marine ecosystems, drive economic growth, and support climate adaptation. The upcoming COP29 on climate change is also set to face an uphill task in setting a Collective Quantified Goal on climate finance that reflects the scale of resources required. Read More
UPCOMING EVENTS
XXVII Ibero-American Congress of Free Trade Zones
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