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Zhejiang Free-Trade zone, officially China (Zhejiang) Pilot Free-Trade Zone (Chinese: 中国（浙江）自由贸易试验区; pinyin: Zhōngguó (Zhèjiāng) Zìyóu Màoyì Shìyànqū) is a free-trade zone in Zhoushan, Zhejiang Province, China.
Connections to Singapore are by way of Harbourfront and Tanah Merah Ferry Terminals run by Singapore Cruise Centre (SCC). [9] Trans Batam is the most reliable and the cheapest public transportation in Batam. It began to operate in 2005. Trans Batam is the second BRT system in Indonesia, after Jakarta's TransJakarta. The price for one ride is ...
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 ...
Singapore and Batam currently are connected only by ferry service. Indonesian legislator Harry Azhar Azis recommended that the government work with Singapore to develop a fixed link, suggesting a bridge across the Singapore Strait would give Indonesia better access to the Asian continent following the implementation of the free trade agreement ...
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.
The concept of Special Economic Zone arose in the late 1950s in Ireland. [2]: 55 The Irish government established the Shannon Free Zone to encourage foreign investment through tax incentives. [2]: 55 Various Chinese leaders visited Shannon Free Zone, including Jiang Zemin (in 1980) and later Zhu Rongji, Wen Jiabao, and Xi Jinping. [2]: 55
Batam is a tax free export zone rather than a free port, therefore much industry is limited to international exports. Batam has also become an alternate air transport hub as Java's airports are congested. Some 62,000 Singaporeans visited Batam in January 2012, compared with stronger links to Johor, some 70,000 daily. [2]
In 2003, UTAC established its wholly owned Shanghai operations in Waigaoqiao - a free trade zone in Shanghai. It also formed an alliance with Amkor Technology Inc. in China, combining the strengths of both companies to create a powerful turnkey assembly and test supplier capable of supporting as well as Integrated Device Manufacturers looking to service their end customers in the China market.