Search results
Results from the WOW.Com Content Network
Free-trade zones can also be defined as labor-intensive manufacturing centers that involve the import of raw materials or components and the export of factory products, but this is a dated definition as more and more free-trade zones focus on service industries such as software, back-office operations, research, and financial services.
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.)
Free trade areas between groups of countries, such as the European Economic Area and the Mercosur open markets, establish a free trade zone among members while creating a protectionist barrier between that free trade area and the rest of the world.
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 ...
Johor Port (Malay: Pelabuhan Johor) is a port in Pasir Gudang, Johor, Malaysia, built in 1977. [1] It is an integrated multi-purpose port facility providing bulk cargo, container and general cargo services. [2] It is the world's largest palm oil terminal and ranks third globally in terms of LME cargo volume. [2]
Tanjung Langsat is a main industrial area and port in Pasir Gudang, Johor Bahru District, Johor, Malaysia. [1] An onshore oil terminal was constructed at the area, with a total oil-storage capacity of 530 000m³ installed by March 2010.
Map of Pasir Gudang within Johor. Pasir Gudang is a city in Johor Bahru District, Johor, Malaysia.The main industries are transportation and logistics, shipbuilding, petrochemicals and other heavy industries, and oil palm storage and distribution, which is located in Johor Port and Tanjung Langsat.
Globalization is the process of increasing interdependence and integration among the economies, markets, societies, and cultures of different countries worldwide. This is made possible by the reduction of barriers to international trade, the liberalization of capital movements, the development of transportation, and the advancement of information and communication technologies. [1]