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Special Economic Zones (SEZs) in Pakistan are areas designated by the government of Pakistan to promote industrial growth and attract investment. In Pakistan, the SEZ Act was established on 13 September 2012, alongside the subsequent notification of SEZ Rules within the same year.
Free economic zones (FEZ), free economic territories (FETs) or free zones (FZ) are a class of special economic zone (SEZ) designated by the trade and commerce administrations of various countries. The term is used to designate areas in which companies are taxed very lightly or not at all to encourage economic activity .
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 ...
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.
The six free trade zones will be Thilawa Port in Yangon, Mawlamyine in Mon State, Myawaddy and Hpa-an in Kayin State, Kyaukphyu in Rakhine State and Pyin Oo Lwin in Mandalay Region. [35] According to the country's Special Economic Zone Law's [ 36 ] Act 7, Section 36, homes and farming properties located on a proposed SEZ must be duly relocated ...
Arshiya International Ltd, India's first Free Trade and Warehousing Zone [20] The largest multi-product free-trade and warehousing infrastructure in India. Arshiya's first 165-acre FTWZ is operational in Panvel, Mumbai, and is to be followed by one in Khurja near Delhi.
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Prior to 1962, Zip focused primarily on water heaters for kitchens and hot water heaters for bathrooms. Zip began manufacturing and marketing in Australia from about 1947. An early Zip innovation was a manually operated over-sink boiling water heater with a "ready whistle" and automatic cut-off, which became a popular fixture in Australian restaurants and community kitchens during the 1950s ...