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Special Economic Zones is a set of geographic areas inside Nepal that have been allocated to promote and diversify the export based industries. It was conceptualized by Nepal Government in 2013 and laws were formulated in 2016 in the form of Special Economic Zone Act (2016). The laws were subsequently revised in 2019. [1]
As of March 2010 Russia's federal special economic zones host 207 investors from 18 countries. There are major MNCs among investors to Russia's SEZ, such as Yokohama, Cisco, Isuzu, Air Liquide, Bekaert, Rockwool and many others. Russia's 15 existing and to-be federal special economic zones are managed by OJSC "Special Economic Zones".
The 14 administrative zones were grouped into five development regions (Nepali: विकास क्षेत्र; vikās kṣetra). Each district was headed by a chief district officer (CDO), who was responsible for maintaining law and order and coordinating the work of field agencies of the various government ministries.
The definition of an SEZ is determined individually by each country. According to the World Bank in 2008, the modern-day special economic zone typically includes a "geographically limited area, usually physically secured (fenced-in); single management or administration; eligibility for benefits based upon physical location within the zone; separate customs area (duty-free benefits) and ...
Deutsch: Karte der politischen Gliederung von Nepal (5 Entwicklungsregionen und 14 Verwaltungszonen, veraltet seit 2015) English: Map of administrative divisions of Nepal (5 development regions and 14 administrative zones, outdated since 2015)
It is the center of agriculture. A special economic zone is in development. Protection and development of the sugar mill land has been controversial. It created a loss of billions rupees of taxpayer money. Illegal occupation of government lands impeded the development of the local area and caused the loss of significant agricultural jobs.
The subtropical climate zone from 1,000 to 2,000 meters (3,300 to 6,600 ft) occupies 22% of Nepal's land area and is the most prevalent climate of the Middle Hills above river valleys. It experiences frost up to 53 days per year, however, this varies greatly with elevation, proximity to high mountains and terrain either draining or ponding cold ...
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