CALL FOR CANDIDATES - for Board Directorship of World FZO

The World FZO invites Voting Members to submit their candidatures for the Board of Directors by August 12, 2024. Elections will occur at the AGM on September 25, 2024, in Dubai, UAE, during the 10th World Congress. Half of the Board is elected annually by the AGM. Interested free zones can contact membership@worldfzo.org for nomination details. All primary members qualify for nomination. Non-members can join for free to become voting members here.

Join World FZO's Pool of Experts and Shape the Future of Industry

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.

Free Trade Zones set record exports in June 2024

The Dominican Association of Free Trade Zones (ADOZONA) is celebrating the record-breaking export results published by the General Directorate of Customs (DGA) for June 2024. The sector achieved a new high with exports totaling US$752.96 million, marking a 4.6% increase compared to the same period last year. Overall, total exports for June 2024 rose by 8.6% from June 2023, reaching US$1,134.88 million. Read More.

Costa Rica Sets New Investment Records, Confirming Its Status as an Ideal Investment Destination

Foreign direct investment (FDI) flows in the first quarter of 2024 surged by 42% compared to the same period in 2023, reaching a record high of US$1,188.9 million, an increase of US$349.7 million. The Central Bank of Costa Rica (BCCR) published these figures, marking the highest level ever recorded in the country for a first quarter.  Read More.

Thailand

Thailand’s Special Economic Zones (SEZs) contribute to growth and attract investment

Launched in 2015, the zones have seen substantial infrastructure improvements and investment incentives. Since 2021, under the Prime Minister’s Office, these zones have drawn investments totaling 51.654 billion baht. With 84 Board of Investment projects worth 25.840 billion baht initiated, sectors like automotive and healthcare are flourishing. Additionally, over 7,700 new businesses, primarily SMEs, have been established. Read More.

Jamaica

Jamaica Special Economic Zone Authority seeks to expand footprint

The Jamaica Special Economic Zone Authority (JSEZA) is looking to expand Jamaica's footprint in global markets, targeting strategic opportunities in Colombia, Mexico and El Salvador. The authority’s CEO, Kelli-Dawn Hamilton, who will participate in a business mission to these Latin American countries from July 17 to 26, said that the aim is to foster international partnerships and attract investments that will propel Jamaica's economic growth. Read More.

Kenya

Green Manufacturing & State Policy Fuel Demand for Warehouses

The Green manufacturing trend that has seen setting up of assembly plants for e-bikes and e-motorcycles and government policy on industrial parks is contributing to demand in warehousing space across the country. Initially, it targeted 18 County Aggregation and industrial parks whose construction has begun. The addition means 48 industrial parks will now be built under the programme. Read More.

Oman

Opaz launches central platform for investor services to boost economic zones

The Public Authority for Special Economic Zones and Free Zones (Opaz) has awarded the Central Platform for Investor Services Project. This project aims to provide government and operational e-services in the economic, free and industrial zones supervised by Opaz. Through the platform, investors can access all required services. Read More.

Index released to advance institutional innovation in China's pilot FTZs

Pilot free trade zones (FTZs) in Shanghai and south China's Guangdong Province were recognized for their efforts to advance institutional innovation in an index published on Tuesday. The institutional innovation index of China's pilot FTZs published by Sun Yat-sen University placed the pilot FTZs in Shenzhen's Qianhai, Shanghai's Pudong New Area and Guangzhou's Nansha District in its top three positions. Read More.