World Free Zones Organization partners with Potential.com to Bring AI Chatbots to 6 Million Businesses Worldwide

Potential.com, a leading provider of AI-powered tools for business empowerment, is excited to announce a strategic partnership with the World Free Zones Organization (World FZO). This collaboration aims to bring advanced AI chatbot technology to over 6 million businesses across global free zones, transforming how these enterprises engage with their customers, manage services, and scale operations.  Read More.

Free Trade Zones Association of the Americas : Spotlight

In Latin America, free zones are a particularly conducive environment to set up, expand, and do business in. These zones stand out for offering not only tax and customs incentives but also a series of differential incentives that make them especially attractive for investment. Free zones, of which there are more than 800 in the Latin America region, are natural boosters of foreign trade. Read More.

Cambodia

Cambodia seeks China’s assistance in establishing first FTZ

Sun Chanthol, Deputy Prime Minister and First Vice-Chairman of the Council for the Development of Cambodia (CDC) urged senior officials of the government of the People’s Republic of China (PRC) to collaborate in establishing the first free trade zone (FTZ) and also constructing more special economic zones (SEZs) in the Kingdom. Read More.

Oman

SEZAD plans to empower employee and boost global investments

This programme is being rolled out by the Institutional Transformation Team from the Public Authority for Special Economic Zones and Free Zones (Opaz), in partnership with an Irish consultancy specialising in FDI. As part of the Institutional Transformation Program, this initiative aims to enhance Opaz’s role in knowledge transfer, empowering employees to draw in both local and international investments   Read More.

Philippines

PEZA: Six new economic zones investing P5b, await approval

The Philippine Economic Zone Authority (PEZA) said six economic zones with a combined value of P5 billion are awaiting official proclamation by the Office of the President. The ecozones are poised to attract further investments and create employment opportunities once operational, PEZA said in a statement.  Read More.

Tanzania

EPZA drives industrial growth

Tanzania has attracted over 1.17 billion US dollars (equivalent to 3.195tril/-) in capital and created more than 20,000 jobs in the past three years, according to a new report by the Export Processing Zones Authority (EPZA).  The projects have focused on sectors that produce goods from agriculture (Agro Processing), industrial products, livestock products, chemical products, mineral products and forest products. Read More.

Costa Rica is Consolidating Itself as a Nearshoring Hub in Latin America

In a global context marked by the search for efficiency in the supply chain and geographic diversification, Costa Rica has emerged as a strategic destination for nearshoring in Latin America. According to the recent JLL report, “Nearshoring – Unveiling Latin America’s Potential,” Costa Rica stands out for its favorable business environment, its highly qualified workforce and its political stability, consolidating itself as a nerve center for global companies, especially in the life sciences and technology sectors. Read More.