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In 2013 and 2014 a number of smaller special economic zones were announced covering export handling, mineral processing, high technology, gaming and tourism. [41] North Korea also used to operate Kaesong Industrial Region in conjunction with South Korea from 2002 until 2016.
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 ...
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.
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 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 ...
Although this only represents 12.4% of the total land used for agriculture in South Africa, the Western Cape produces 55% to 60% of South Africa’s agricultural exports, valued at more than R7 billion [50] (US$1 billion) [51] a year. In 2008, the sector was also one of the fastest growing of the economy, expanding by 10.6%. [37]
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 ...
The African Free Trade Zone announced at the EAC-SADC-COMESA Summit (also known the AFTZ Summit and Tripartite Summit) effectively is the realization of a dream more than a hundred years in the making, a trade zone spanning the length of African continent from Cape to Cairo, from North African Egypt all the way to the southernmost tip of Africa ...