UNCTAD And World Free Zones Organization Launches The Global Alliance For Special Economic Zones Conference At AICE 2022

The eighth Annual International Conference (AICE) by the World Free Zones Organization (World FZO) witnessed the signing ceremony of the Global Alliance for Special Economic Zones (GASEZ). Learn more.

Bahrain

More free trade zones in Bahrain suggested

Free trade zones in Bahrain, along with developing legislation to expedite the settlement of legal cases, were among key recommendations reached yesterday during a high-profile conference. Promoting the establishment of projects that enhance the tourism sector in Bahrain were also among the recommendations highlighted at the Economic Recovery Forum. Learn more.

Curaçao

The free zones of Curaçao are effective instruments of economic growth but concrete actions should be taken now

Curaçao could, through its Free Zones, profit and ignite economic activities that will contribute to the economic wellbeing plus employment but Curaçao needs to take some concrete action. Renowned experts on Free Zones in the region and the world gave their insight about how Free Zones are enabling development in the world but closer to home too. Learn more. 

Nigeria

Free Trade Zones Contributes N29bn Tax In 2 Years

The Nigeria Economic Zones Association (NEZA) has said the special economic zones in the country are not used for tax evasion but a source of gaining more revenue through custom duties and VAT than Corporate Income Tax. Learn more.

Pakistan

Japanese investors to invest in SEZs and other Pakistani Sectors

The Japanese delegation expressed confidence in the business-friendly policies of the government of Premier Shehbaz Sharif. “They showed keen interest in increasing Japanese investment in automobile, food processing, renewable energy, textile, communication, SEZs, and auto parts manufacturing sectors,” said an official statement. Learn more. 

Philippines

Ecozones in ancestral domains pushed

The Philippine Economic Zone Authority (PEZA) has partnered with the National Commission on Indigenous Peoples (NCIP) to promote the creation of economic zones in ancestral domains and lands to spur development in the countryside. Learn more.

UNCTAD organizes workshop on contribution of SEZs to boost economic diversification in Africa

UNCTAD in collaboration with African Union and German corporations has organized a two-day workshop on the contribution of Special Economic Zones (SEZs). The symposium is to boost economic diversification in Africa in the context of AfCFTA. Learn more. 

Special Economic Zones a catalyst for accelerating Africa’s Industrialization agenda

Speakers at the United Nations Conference on Trade and Industry (UNCTAD) workshop have indicated that Special Economic Zones (SEZ) are crucial for pushing Africa's industrialization agenda in the context of the AfCFTA.  Learn more. 

Dubai Sells Stakes in Key Assets to Canada Fund to Cut Debt

Caisse de Depot et Placement du Quebec agreed to invest $5 billion in the Middle East’s biggest port and two industrial zones, according to a statement Monday. Other long-term investors will have the opportunity to acquire additional stakes for as much as $3 billion by the end of the year.  Learn more. 

Three industrial units opened in KP’s Ghazi Economic Zone

Three industrial units have been inaugurated in the newly established Ghazi Economic Zone (GEZ) of Khyber Pakhtunkhwa. Two pharmaceutical units and one packaging unit were inaugurated by the Special Assistant to Chief Minister (SACM) on Industries and Investment, Abdul Karim Khan Tordher, the other day. Learn more. 

AFZ highlights significance of Special Economic Zones in driving business growth

Ajman Free Zone (AFZ) participated in the Mediterranean and Africa Special Economic Zones Summit in Spain, which was held between May 31 and June 2. The Summit came in line with the MedaLogistics Week, which was part of SIL Barcelona. Learn more. 

Zdeep puerta del istmo will house the first automotive parts factory in guatemala

This is about the YAZAKI company, which operates with Japanese and North American capital; with an investment of $160 million, this company will begin operations in Puerta del Istmo Special Public Economic Development Zone -ZDEEP-. This is located in Pajapita, San Marcos, and will create 1000 new jobs in the first stage. Learn more.