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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 Aqaba special economic zone or ASEZA (Arabic: سلطة منطقة العقبة الاقتصادية الخاصة) was inaugurated in 2001 as an initiative by the government of Jordan to ensure that Aqaba’s commercial and cultural prominence develops to be a regional hub for trade, tourism, and culture. Six ministerial-level commissioners ...
The Ministry of Industry and Trade and Supply is the authority responsible for enhancing the position of the Jordanian product in global markets and the entry of Jordanian industry into new markets, enhancing the competitiveness of Jordanian industries and service sectors, improving their production, organizing and controlling internal and external trade.
The Jamaican Free Zones are a government free trade zone initiative in Jamaica.Designed to encourage foreign investment and international trade, businesses operating within these zones have no tax on their profits, and are exempted from customs duties on imports and exports (capital goods, raw materials, construction materials, and office equipment) and import licensing requirements.
The Jordan Maritime Authority (JMA) is a government agency with the responsibility of governing the Red Sea and domestic ports, sea roads and shipping of Jordan. It was established in 2002 by Royal Decree and functions in conjunction with the Ministry of Transport. It is headquartered in Aqaba. [1]
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.)
KADDB IP is a public limited liability company owned completely by the Jordan Design and Development Bureau (JODDB). It was established in 2006 in accordance with the Free Zones Law to upgrade Jordan's industrial base, attract investments, and encourage the development of interactive industries for manufacturing vehicles.
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 .