List of free-trade zones

Last updated

This is a list of free-trade zones by country:

Africa

Morocco

Egypt

Egypt has nine free-trade zones: [2]

Djibouti

Eritrea

Gabon

Ghana [3]

Kenya

There are about 40 Export Processing Zones with "close to 40,000 workers employed and contribution of 10.7 % of national exports. Over 70% of EPZ output is exported to the USA under AGOA". [4]

Contents

Libya

Namibia

Nigeria

Tanzania

Togo

Tunisia

Seychelles

Americas

Argentina

Bahamas

Brazil

Canada

Chile

Colombia

Dominican Republic

El Salvador

Guatemala

Haiti

Jamaica

Mexico

Panama

Paraguay

Peru

United States

Uruguay

Asia

Bahrain

Bangladesh

China

Tianjin Free-Trade Zone China (Tianjin) Pilot Free-Trade Zone Yujiapu.JPG
Tianjin Free-Trade Zone

India

SuRSEZ is the First Operating Zone in the private sector in India. The track record of SuRSEZ in the last 5 years speaks for itself. From a level of about Rs.62 crores in 2000–01, exports from SuRSEZ rose to Rs. 2400 crores in the year 2005–06.

Indonesia

Iran

Israel

Japan

Jordan

Korea, North

The Bayan Lepas Free Industrial Zone, also known as the Silicon Valley of the East Bayan Lepas Free Industrial Zone 2023.jpg
The Bayan Lepas Free Industrial Zone, also known as the Silicon Valley of the East

Malaysia

Oman

Pakistan

Philippines

Agro-Industrial Economic Zones in the Philippines
NameLocationDeveloper/OperatorRegionArea (Hectares)
Agrotex Gensan Economic Zone"Barrio Tambler, General Santos""Agrotex Commodities, Inc."R-XII11
AJMR Agro-Industrial Economic Zone"AJMR Port Complex, Km. 20 Tibungco, Davao City"AJMR Port Services CorporationR-XI8.96
Balo-i Agro-Industrial Economic Zone"Barangay Maria Cristina, Baloi, Lanao del Norte"Balo-i Industrial. Inc.R-X13.9
Carmen Cebu Gum Industrial Zone"Cogon West, Carmen, Cebu City"Pacific Poly Gums Holdings CorporationR-VII7.6
CIIF Agro-Industrial Park - Davao"KM 9.5, Barangay Sasa, Davao City""CIIF Agro-Industrial Park, Inc."R-XI8.54
DADC Economic Zone"Barangay Darong, Municipality of Santa Cruz, Province of Davao del Sur"Darong Agricultural and Development Corp.R-XI15
Ecofuel Agro-Industrial Ecozone"Sta. Filomena, San Mariano, Isabela""Ecofuel Land Development, Inc."R-II24
Kamanga Agro-Industrial Economic Zone"Brgy. Kamanga, Municipality of Maasim, Province of Sarangani"Kamanga Agro-Industrial Ecozone Development CorporationR-XII54.6
New Jubilee Agro-Industrial Economic Zone"Barangay Hilapnitan, Municipality of Baybay, Province of Leyte""New Jubilee International Holdings, Inc."R-VIII4.98
Philippine Packing Agricultural Export Processing Zone"Bugo, Cagayan de Oro"Philippine Packing Management Services CorporationR-X27
Samar Agro-Industrial Economic Zone"Barangay Malajog, Tinambacan District, Calbayog, Western Samar"Hi Best Property Developer CorporationR-VIII7.26
San Carlos Ecozone"Palampas and Punao, San Carlos City, Negros Occidental""San Julio Reality, Inc."R-VII25.79
Sarangani Agro-Industrial Eco Zone"Municipality of Alabel, Province of Sarangani"Alsons Development & Investment CorporationR-XII317.24
Sarangani Economic Development Zone"Cannery, Polomolok, South Cotabato"Sarangani Resources CorporationR-XII72.87
SRC Allah Valley Economic Development Zone"Tubi-allah, Surallah, South Cotabato"Sarangani Resources CorporationR-XII56.1
SRC Calumpang Economic Development Zone"Calumpang, General Santos"Sarangani Resources CorporationR-XII18.67
Valencia Special Economic Zone"Barangay Palinpinon, Municipality of Valencia, Province of Negros Oriental""Municipal Government of Valencia, Negros Oriental"R-VII4.33
Freeports or Special Economic Zones in the Philippines
Economic ZoneAddressLocation
Aurora Pacific Economic Zone [25] Casiguran, Aurora Luzon
Cagayan Special Economic Zone [26] Lal-lo, Cagayan Luzon
Freeport Area of Bataan Mariveles, Bataan Luzon
Cavite Economic Zone Rosario and General Trias, CaviteLuzon
Clark Freeport Zone Angeles City and Mabalacat, PampangaLuzon
Subic Bay Freeport Zone Olongapo and Subic, Zambales Luzon
Poro Point Freeport Zone [27] La Union Luzon
Baguio City Economic Zone Baguio Luzon

Saudi Arabia

Tajikistan

United Arab Emirates

Abu Dhabi

Dubai

Ajman

Fujairah

Umm Al Quwain

Ras Al Khaimah

Yemen

Europe

Belarus

Croatia

Land free zone: [31]

Port free zone: [31]

Ireland

Italy

Turkey

Latvia

Lithuania

Moldova

Moldova has seven Free Trade Zones, called in the national legislation Free Economic Areas. [33]

Poland

Romania

Georgia

See also

Related Research Articles

A special economic zone (SEZ) is an area in which the business and trade laws are different from the rest of the country. SEZs are located within a country's national borders, and their aims include increasing trade balance, employment, increased investment, job creation and effective administration. To encourage businesses to set up in the zone, financial policies are introduced. These policies typically encompass investing, taxation, trading, quotas, customs and labour regulations. Additionally, companies may be offered tax holidays, where upon establishing themselves in a zone, they are granted a period of lower taxation.

A free-trade zone (FTZ) is a class of special economic zone. It is a geographic area where goods may be imported, stored, handled, manufactured, or reconfigured and re-exported under specific customs regulation and generally not subject to customs duty. Free trade zones are generally organized around major seaports, international airports, and national frontiers—areas with many geographic advantages for trade.

Free economic zones (FEZ), free economic territories (FETs) or free zones (FZ) are a class of special economic zone (SEZ) designated by the trade and commerce administrations of various countries. The term is used to designate areas in which companies are taxed very lightly or not at all to encourage economic activity. The taxation rules and duties are determined by each country. The World Trade Organization (WTO) Agreement on Subsidies and Countervailing Measures (SCM) has content on the conditions and benefits of free zones.

<span class="mw-page-title-main">Industrial park</span> Area for development of industry

An industrial park, also known as industrial estate or trading estate, is an area zoned and planned for the purpose of industrial development. An industrial park can be thought of as a more heavyweight version of a business park or office park, which has offices and light industry, rather than heavy industry. Industrial parks are notable for being relatively simple to build; they often feature speedily erected single-space steel sheds, occasionally in bright colours.

In justifying opening up and the series of economic reforms that ensued in China, Deng Xiaoping referred to Karl Marx and his theories, which predicted that nations need to undergo urbanization and a stage of capitalism for a natural socialist transition. One of the most renowned reforms under Deng was establishing four "special economic zones" along the Southeastern coast of China, with Shenzhen, Shantou, and Zhuhai located in Guangdong province and Xiamen located in Fujian province. The four aforementioned special economic zones were all established from 1980 to 1981. As of 2024, there have been 3 additional special economic zones. In 1988, Hainan became the fifth "SEZ". In 1990, Pudong district in Shanghai became the sixth "SEZ". In 2009, Binhai district in Tianjin became the seventh "SEZ". Special economic zones (SEZs) in mainland China are granted more free market-oriented economic policies and flexible governmental measures by the government of China, compared to the planned economy elsewhere.

<span class="mw-page-title-main">Economy of Kochi</span>

The economy of Kochi was worth 49453.29 crores in 2012 - 2013 financial year with a growth of almost 7.5% per annum.

<span class="mw-page-title-main">Cochin Special Economic Zone</span> Special economic zone in Kochi

The Cochin Special Economic Zone (CSEZ) is a multi-product special economic zone located at Kochi, Kerala. It is established in an area of 41.7 hectares in Kakkanad.

The Liepaja Special Economic Zone is the only special economic zone in the Baltics consisting of a seaport, industrial area and international airport. Liepāja special economic zone was established in 1997 to develop port operations, cargo handling, logistics, manufacturing and air transportation. The goal of the Liepāja SEZ is to attract investments for the development of the port, manufacturing, and creating new working places.

<span class="mw-page-title-main">GIFT City</span> Business district under construction in Gujarat, India

Gujarat International Finance Tec-City, also called GIFT City, is a central business district under construction in the Ahmedabad district in Gujarat, India. It is India's first operational greenfield smart city and international financial services centre, which the Government of Gujarat promoted as a greenfield project. In 2020 GIFT IFSC bagged 10th place in Finance Industry and top rank in emerging financial centres in the Global Financial Centres Index. As of June 2023, it is home to 23 multi-national banks, including HSBC, JP Morgan, and Barclays. Furthermore, it includes 35 fintech entities, two international stock exchanges with average daily trading volumes of $30.6 billion, as well as India's first international bullion exchange with 75 onboarded jewellers.

<span class="mw-page-title-main">Sri City</span> Place in Andhra Pradesh, India

Sri City or Satyavedu Reserve Infracity Pvt. Ltd. is an integrated business city (township) and special economic zone located in Tirupati district in the state of Andhra Pradesh, India.

The SEZ Corridor is an emerging corridor implementing a number of Special Economic Zones (SEZs) along the Grand Southern Trunk Road in Chennai. Started with the establishment of the Madras Export Processing Zone in 1984, the SEZ corridor currently has 5 operational SEZs and over 10 approved projects in development. The GST Road is widely made use of for SEZ projects due to its connectivity with various means of transport by road, rail and air. This is evident by the presence of the Chennai International Airport, various railway stations parallel to the road, and also its connectivity to the complex road network of the National Highways Authority of India.

<span class="mw-page-title-main">Software industry in Chennai</span> Third largest software exporter in India

Chennai is the third largest software exporter in India, next only to Bangalore and Hyderabad. India's largest IT park is housed at Chennai. Software exports from Tamil Nadu during 2017–2018 rose 8.8% per cent to touch 1,11,179 crore, involving a workforce of 780,000, and the city is the hub for deep tech startup companies. Many software and software services companies have development centres in Chennai, which contributed 14 percent of India's total software exports of 14,42,140 lakh during 2006–07, making it the third largest Indian city software exporter following Bangalore, Hyderabad and the city is the home for 7 top rated IT companies out of 15 in India. The Tidel Park in Chennai was billed as Asia's largest IT park when it was built. Major software companies have their offices set up here, with some of them making Chennai their largest base. Chennai is the largest hub for e-publishing, as there are 67 e-publishing units registered with the STPI and many Rs.8300-Cr data centers, digital hubs are in the process of development. A major reason for the growth of the Software industry are the top engineering colleges in Tamil Nadu, of which Chennai is a major contributor, have been a major recruiting hub for the IT firms. According to estimates, these engineering colleges and universities consistently generate about 50 per cent of the human resource requirements for the IT and ITES industry was being sourced from the state, particularly from Chennai. The total employment in the Tamil Nadu’s technology sector crossed the one million mark in the quarter ended June 2022.

Mangalore Special Economic Zone or MSEZ is a Special Economic Zone spread across 1,600 acres in Mangalore, Karnataka, India

Visakhapatnam Special Economic Zone (VSEZ), also called the Andhra Pradesh First Economic Zone, is one of the central government special economic zones in India. VSEZ is located in Duvvada, 20 km away from the Visakhapatnam.

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