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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.)
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 ...
The Johor Bahru Conurbation, also known as the Southern Conurbation (Malay: Konurbasi Selatan; Jawi: كونورباسي سلاتن) in the National Physical Plan, [1] [2] is the built-up urban or metropolitan area within and around Johor Bahru in the Malaysian state of Johor, and roughly corresponds to the Iskandar Malaysia corridor.
A free trade area is the region encompassing a trade bloc whose member countries have signed a free trade agreement (FTA). Such agreements involve cooperation between at least two countries to reduce trade barriers, import quotas and tariffs, and to increase trade of goods and services with each other.
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.
Iskandar Malaysia (Jawi: إسکندر مليسيا), formerly known as Iskandar Development Region (IDR; Malay: Wilayah Pembangunan Iskandar; Jawi: ولايه ڤمباڠونن اسكندر) and South Johor Economic Region (SJER; Malay: Wilayah Ekonomi Johor Selatan; Jawi: ولايه ايكونومي جوهر سلاتن), is the main southern development corridor in Johor, Malaysia.
Similarly in Johor, Johor Bahru District consists of three cities – Iskandar Puteri, Johor Bahru and Pasir Gudang. [7] Conversely, a local government can administer multiple districts, such as in Penang, where George Town encompasses the Northeast and Southwest districts, [8] and Seberang Perai comprises the Northern, Central and Southern ...