Special Economic Zone

A Special Economic Zone (SEZ) is a geographical region that has economic and other laws that are more free-market-oriented than a country's typical or national laws. "Nationwide" laws may be suspended inside a special economic zone.

The category SEZ covers, including free trade zones (FTZ), export processing Zones (EPZ), free Zones (FZ), industrial parks or industrial estates (IE), free ports, free economic zones, urban enterprise zones and others.

Usually the goal of a structure is to increase foreign direct investment by foreign investors, typically an international business or a multinational corporation (MNC), development of infrastructure and to increase the employment.

Read more about Special Economic Zone:  Bangladesh, Cayman Islands, China, Democratic Republic of The Congo, Greece, Egypt, Ethiopia, India, Iran, Kazakhstan, Malaysia, Mauritius, Myanmar, Nigeria, North Korea, Pakistan, Philippines, Poland, Republic of Korea (South Korea), Russia, Ukraine, Uzbekistan, Zambia

Famous quotes containing the words special, economic and/or zone:

    When, in some obscure country town, the farmers come together to a special town meeting, to express their opinion on some subject which is vexing to the land, that, I think, is the true Congress, and the most respectable one that is ever assembled in the United States.
    Henry David Thoreau (1817–1862)

    ... feminism is a political term and it must be recognized as such: it is political in women’s terms. What are these terms? Essentially it means making connections: between personal power and economic power, between domestic oppression and labor exploitation, between plants and chemicals, feelings and theories; it means making connections between our inside worlds and the outside world.
    Anica Vesel Mander, U.S. author and feminist, and Anne Kent Rush (b. 1945)

    Just like those other black holes from outer space, Hollywood is postmodern to this extent: it has no center, only a spreading dead zone of exhaustion, inertia, and brilliant decay.
    Arthur Kroker (b. 1945)