Dubai to Host Annual World Congress of the World Free Zones Organisation in September

Under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, Dubai is set to host the 10th edition of the World Free Zones Organisation (World FZO) World Congress. The event, which will take place at Madinat Jumeirah from 23-25 September, is themed ‘Zones and the Shifting Global Economic Structures – Unlocking New Investment Avenues’. Read More.

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.

Shanghai expands FTZ with new 'linked innovation zones'

Shanghai has launched a new initiative to expand the China (Shanghai) Pilot Free Trade Zone (FTZ) through the establishment of "linked innovation zones" across the city. The zones are specialized areas that focus on different sectors of the economy, aiming to replicate the successes of the FTZ while fostering new opportunities.  Read More.

Ghana

We’ll create special economic zones at Ghana’s major border towns -Dr. Bawumia

Vice President Dr. Mahamudu Bawumia says the next New Patriotic Party (NPP), government will create special economic zones in border towns such as Aflao, Paga, and Elubo to enhance economic activity, increase exports, reduce smuggling, and create jobs. He said his next government will do this through private-sector partnerships.   Read More.

Kenya

Special Economic Zones key to job creation for youths, says Mudavadi

Special Economic Zones (SEZ) are crucial in achieving the Kenya Kwanza government’s goals of job creation, youth empowerment, and sustainable development in the country, Prime Cabinet Secretary Musalia Mudavadi has said. Mudavadi said that the government was committed to creating an environment that encourages investment and job creation among the youths. Read More.

Malaysia

Special Economic Zone may help stem exodus of Malaysians seeking work in Singapore: Johor chief

Johor’s state government hopes that the setting up of the Johor-Singapore Special Economic Zone and the Special Financial Zone will help address the issue of Malaysians moving to Singapore to seek employment. Johor Menteri Besar Onn Hafiz Ghazi said that salary was among the main reasons people seek employment in Singapore.  Read More.

Philippines

PEZA, SM Group eye more ecozones, IT parks

PEZA on Friday said it met with executives of SM Smart City Infrastructure and Development Corp. for the development of more ecozones and information technology (IT) parks across the country. PEZA Director General and SM Smart City Infrastructure resident and other SM Group executives met Wednesday in Pasay City to discuss expansion plans for IT parks and ecozones, according to a news release. Read More.

Leveraging Free Trade Zones: A New Path for Latin America’s Economies?

Recently, in the IMD World Competitiveness Ranking, no Latin American country is even within the top 40 regarding competitiveness focused on long-term value creation – as measured by data availability. This invites us to reflect on the performance of countries, but even more so on dimensions such as business efficiency or state infrastructure for competitiveness. Similarly, the OECD has been studying comparative strategies to advance regional attractiveness through investment promotion, tourism, talent attraction, and digitization of the economy.  Read More.