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Free-trade zones can also be defined as labor-intensive manufacturing centers that involve the import of raw materials or components and the export of factory products, but this is a dated definition as more and more free-trade zones focus on service industries such as software, back-office operations, research, and financial services.
Hulu Klang Free Trade Zone (Statchippac, Texas Instrument) Kulim Hi-Tech Park, Kedah; Melaka Batu Berendam Free Trade Zone (Texas Instrument, Dominant Semiconductor, Panasonic) Pasir Gudang Free Trade Zone, Johor; Port Klang Free Zone, Klang, Selangor; Sungai Way Free Trade Zone (Western Digital, Free Scale, etc.)
Free trade areas between groups of countries, such as the European Economic Area and the Mercosur open markets, establish a free trade zone among members while creating a protectionist barrier between that free trade area and the rest of the world.
Terms include free port (porto Franco), free zone (zona franca), bonded area (US: foreign-trade zone), free economic zone, free-trade zone, export processing zone and maquiladora. Most commonly a free port is a special customs area or small customs territory with generally less strict customs regulations (or no customs duties or controls for ...
The list includes general SEZs and the more specific free trade zones and free ports, managed either by the Philippine Economic Zone Authority or held privately. As of April 30, 2016, there were 345 operating economic zones throughout the Philippines. [1]
At 2015, the administration zone of Pasir Gudang Municipal Council was increase from 29,459.9ha to 31,732.24ha following the re-delineation exercise. [6] This brought Masai and Bandar Seri Alam become a part of Pasir Gudang. [7] On 22 November 2020, it was granted the city status and henceforth changed its name to Pasir Gudang City Council.
In addition to road connectivity, the port is also connected to the peninsula's freight railway system that extends from Johor to the south to southern Thailand to the north, via a 4-track rail terminal. The port development area covers 2,000 acres for the port terminal and 1,500 acres for the free trade zone.
Johor Port (Malay: Pelabuhan Johor) is a port in Pasir Gudang, Johor, Malaysia, built in 1977. [1] It is an integrated multi-purpose port facility providing bulk cargo, container and general cargo services. [2] It is the world's largest palm oil terminal and ranks third globally in terms of LME cargo volume. [2]