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Special Economic Zone as per Central Sales Tax, 1956 --> A Special Economic Zone (SEZ) is a geographically bound zone where the economic laws relating to export and import are more liberal as compared to other parts of the country. These are like a separate island within the territory of India.
The Coega Special Economic Zone (SEZ), established in 1999 and 9 003 ha in extent, [1] is situated near Gqeberha (Port Elizabeth) in the Eastern Cape province of South Africa. The initiative is a multibillion-dollar industrial development complex customised for heavy, medium and light industries, and adjacent to a deep-water port, the Port of ...
See also: List of special economic zones and List of free-trade zones In special economic zones business and trades laws differ from the rest of the country. The term, and a number of other terms, can have different specific meanings in different countries and publications. Often they have relaxed jurisdiction of customs or related national regulations. They can be ports or other large areas ...
The Western Cape has two of the five operating special economic zones (SEZ) within South Africa; the Saldanha Bay Industrial Development Zone and the Atlantis SEZ. [ 59 ] [ 60 ] Invigorated in 2013 the Saldanha Bay Industrial Development Zone is based around the port at Saldanha Bay and is focused on supporting the growth of the energy and ...
A special economic zone (SEZ) is an area in which the business and trade laws are different from the rest of the country. SEZs are located within a country's national borders, and their aims include increasing trade balance, employment, increased investment, job creation and effective administration.
Sea areas in international rights. An exclusive economic zone (EEZ) is a sea zone prescribed by the United Nations Convention on the Law of the Sea over which a state has special rights regarding the exploration and use of marine resources, including energy production from water and wind. [1]
Dube Tradeport Corporation is a business entity of the KwaZulu-Natal Provincial government in South Africa that manages a 3,000ha infrastructure project called the Dube Tradeport Special Economic Zone set up to promote local and international trade.
Arshiya International will be developing three more Free Trade and Warehousing zones in Central, South and East of India. Cochin Special Economic Zone is a Special Economic Zone in Cochin, in the State of Kerala in southwest India, set up for export- oriented ventures. The Special Economic Zone is a foreign territory within India with special ...