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List of free economic zones

Topic: Finance

 From HandWiki - Reading time: 10 min

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In special economic zones[1][2] 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 or smaller allocated areas.

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 transshipment). Earlier in history, some free ports enjoyed political autonomy. Many international airports have free ports, though they tend to be called customs areas, customs zones, or international zones.

Africa

Tanzania

  • Mtwara Freeport Zone

Libya

  • Misurata Free Zone

Liberia

  • Free Port of Monrovia

Egypt

Eritrea

  • Assab Free Port and International Airport
  • Massawa Free Port and International Airport

Morocco

  • Atlantic Free Zone Kenitra
  • Tangier Exportation Free Zone

Mauritius

  • The Mauritius Free Port

Nigeria

Although the enabling act came into effect in 1992, the pioneer Free Zone (the Calabar Free Trade Zone) was not fully completed until 1999, and commenced operation after official commissioning in November 2001. Since then, the Free Zones Scheme has been used as a vehicle for industrial and commercial development of the country. Private Sector participation and partnership with the Federal Government and other tiers of government has helped spread the scheme. This has culminated in the establishment of specialised Free Zones and other types of Zones, namely:

Serial number Name Location Status Ownership
1 Snake Island Integrated Free Zone Lagos Operational Private
2 Kano Free Trade Zone (KFTZ) Kano State Operational Fed. Govt.
3 Onne oil & Gas Free Zone River State Operational Under Parallel Authority
4 Tinapa Free Zone & Tourism Resort CRS Operational Private/Public
5 Calabar Free Trade Zone (CFTZ) CRS Operational Fed. Govt.
6 Maigatari Border Free Zone Jigawa State Operational State
7 LADOL Free Zone Lagos Operational Private
8 Enpower, Enugu Industrial Park Free Zone Enugu Operational Private
9 Airline Services Export Proc. Zone Lagos State Operational Private
10 ALSCON Export Processing Zone Akwa Ibon Operational Private
11 Ogun Guangdong Free Trade Zone Ogun State Operational Public/ Private
12 Sebore Farms Export Processing Zones Adamawa State Operational Private
13 Ibom Science & Tech. Park Free Zone Akwa Ibom Under Cons. Public/Private
14 Living Spring Free Zone Osun State Under Cons. State
15 Lekki Free Zone Lagos State Operational State/ Private
16 Brass LNG Free Zone Bayelsa Under Cons. Public/Private
17 Abuja Technological Village Free Zone Abuja Under Cons. Public/Private
18 Specialized Railway Industrial FTZ - Kajola Ogun State Under Cons. Public/Private
19 Imo Guangdong FTZ Imo State Under Cons. Public/Private
20 OK Free Trade Zone Ondo & Ogun Under Cons. States/ Private
21 Lagos Free Zone Lagos State Under Cons. Private
22 Kwara Free Zone Kwara State Declaration State Govt.
23 Oluyole Free Trade Zone Oyo State Declaration State Govt.
24 Koko Free Trade Zone Delta State Declaration State Govt.
25 OILSS Logistics Free Zone Lagos Declaration Private
26 Banki Border Free Zone Borno State Declaration State
27 NAHCO Free Trade Zone Lagos State Operational Private

The introduction of free zones has played a large role in increasing the amount of investment into Nigeria. When all the free zones are fully operational, Nigeria is projected to play a large role in expanding export-driven manufacturing activities in Africa.[3]

Asia

Azerbaijan

  • Alat

Bahrain

China

Hong Kong

  • Central Ferry Piers, Victoria City
  • Container Terminal 9, Tsing Yi
  • Kai Tak Cruise Terminal, Kowloon
  • Kwai Tsing Container Terminals, Stonecutters Island
  • River Trade Terminal, Tuen Mun
  • Tsim Sha Tsui Ocean Terminal, Kowloon
  • Tsim Sha Tsui Ferry Pier, Kowloon
  • Tuen Mun Ferry Pier, Tuen Mun

India

Indonesia

  • Batam, Riau Islands

Iran

  • Anzali
  • Arvand Free Zone
  • Chabahar
  • Kish Island
  • Aras Free Zone
  • Maku Free Zone
  • Qeshm

Japan

Lebanon

  • Port of Beirut
  • Port of Tripoli (Lebanon)

Macau

  • Inner Harbour Ferry Terminal, Cotai West
  • Outer Harbour Ferry Terminal, Sé, Macau Peninsula
  • Taipa Ferry Terminal, Taipa East
  • Kai Ho Port, Coloane

Malaysia

Bayan Lepas Free Industrial Zone, also known as the Silicon Valley of the East
Port of Tanjung Pelepas, the 15th busiest container port in the world
  • Bayan Lepas Free Industrial Zone, George Town, Penang
  • Labuan
  • Langkawi
  • Pangkor Perak, Alcohol, tobacco and vehicles are not Duty free.
  • Port of Tanjung Pelepas, Johor[4]
  • Tioman Island
  • Waterfront ferry terminal and shopping complex Johor Bahru

Mongolia

  • Altanbulag Free Trade Zone[5]
  • Tsagaannuur Free Economic Zone[6] * Zamyn-Üüd Free Economic Zone[5]

Pakistan

  • Gwadar Port

Philippines

  • Zamboanga City Special Economic Zone Authority

Singapore

South Korea

  • Busan-Jinhae Free Economic Zone[7]
  • Gwangyang Bay Area Free Economic Zone[7]
  • Incheon Free Economic Zone[7]
  • Ulsan Free Economic Zone[7]
  • Gwangju Free Economic Zone[7]
  • Daegu-Gyeongbuk Free Economic Zone[7]
  • Chungbuk Free Economic Zone[7]
  • East Coast Free Economic Zone[7]

Taiwan

  • Port of Kaohsiung Free Trade Zone
  • Port of Keelung Free Trade Zone
  • Port of Taichung Free Trade Zone
  • Port of Taipei Free Trade Zone
  • Taoyuan Air Cargo Park Free Trade Zone

Thailand

  • Port of Bangkok
  • Port of Chiang Kong
  • Port of Chieng Saen
  • Port of Laem Chabang
  • Port of Ranong

Turkey

  • Mersin Free Zone, Mersin
  • Antalya Free Zone, Antalya
  • Aegean Free Zone, İzmir
  • Istanbul Atatürk Airport Free Zone, Istanbul
  • Trabzon Free Zone, Trabzon
  • Istanbul Leather Industry Free Zone, Istanbul
  • East Anatolia Free Zone, Erzurum
  • Mardin Free Zone, Mardin
  • Istanbul Stock Exchange Free Zone (İMKB), Istanbul
  • İzmir Menemen Leather Free Zone, Menemen
  • Rize Free Zone, Rize
  • Samsun Free Zone, Samsun
  • Istanbul Tracia Free Zone, Istanbul
  • Kayseri Free Zone, Kayseri
  • Adana Yumurtalık Free Zone, Yumurtalık
  • European Free Zone, Çorlu
  • Gaziantep Free Zone, Gaziantep
  • Bursa Free Zone, Bursa
  • Kocaeli Free Zone, Kocaeli
  • Denizli Free Zone, Denizli
  • Tübitak Free Zone, Gebze

United Arab Emirates

  • Abu Dhabi Airport Free Zone (ADAFZ)
  • Ahmed Bin Rashid Free Zone (ABRFZ)
  • Ajman Free Zone (AFZ)
  • Ajman Media City Free Zone (AMCFZ)
  • Creative City
  • Dubai Airport Freezone (DAFZ)
  • Dubai Biotechnology & Research Park (DuBiotech)
  • Dubai Car and Automotive City Free Zone (DUCAMZ)
  • Dubai Gold and Diamond Park
  • Dubai Healthcare City
  • Dubai Industrial City (DIC)
  • Dubai International Academic City
  • Dubai International Financial Centre (DIFC)
  • Dubai Internet City
  • Dubai Knowledge Village
  • Dubai Logistics City
  • Dubai Media City
  • Dubai Multi Commodities Centre Free Zone
  • Dubai Outsource Zone
  • Dubai Silicon Oasis (DSO)
  • Dubai Technology and Media Free Zone (TECOM)
  • Dubai TechnoPark
  • DuBiotech
  • Economic Zones World (EZW)
  • Fujairah Free Zone (FFZ)
  • Hamriyah Free Zone
  • Higher Corporation for Specialized Economic Zones (HCSEZ) - ZonesCorp
  • Industrial City of Abu Dhabi
  • International Media Production Zone
  • Jebel Ali Free Zone (JAFZA)
  • JLT Free Zone Dubai
  • Khalifa Port and Khalifa Industrial Zone Abu Dhabi (Kizad)
  • RAK Investment Authority Free Zone (RAKIA FZ)
  • Ras Al Khaimah Free Trade Zone
  • Ras Al Khaimah IT Park
  • Ras Al Khaimah Media Free Zone
  • Sharjah Airport International Free Zone (SAIF)
  • Sharjah Publishing City (SPC)
  • Sharjah Media City (SHAMS)
  • Umm Al Quwain Free Trade Zone
  • Meydan Free Zone
  • DUQE

Uzbekistan

  • Nukus FEZ

Europe

European Union

European Union free zones:[8]

Albania

  • Koplik (Albanian Alps)
  • Spitalle (Port of Durrës)

Armenia

Belarus

  • Brest FEZ
  • Grodno FEZ
  • Mogilev Free Enterprise Zone

Georgia

  • Adjara autonomous republic
  • Batumi, 1878-1886 (then Russia)

Bosnia and Herzegovina

  • Free Zone Trebinje[13]
  • Free zone Hercegovina
  • Free zone Vogosca
  • Free zone Visoko

Moldova

  • Giurgiulești Freeport[14]
  • Expo-Business Chișinău, Chișinău)
  • Ungheni-Business
  • Tvardita
  • Otaci-Business
  • Valkanes
  • Taraclia
  • Free International Airport of Mărculești

Monaco

  • Monaco Freeport

Montenegro

  • Port of Bar Free Zone[15]

North Macedonia

Тechnological–Industrial Development Zones (TIDZs)[16]

  • 12 Free Zones

Russia

  • Nakhodka
  • Vladivostok, 1861–1909,[17] 2015 (Free port of Vladivostok)[18]

Serbia

Serbia has 14 free economic zones as of September 2017;[19] these are:[19]

  • Free Zone Apatin
  • Free Zone FAS-Kragujevac
  • Free Zone Kruševac
  • Free Zone Niš-South
  • Free Zone Novi Sad
  • Free Zone Pirot
  • Free Zone Priboj
  • Free Zone Šabac
  • Free Zone Smederevo
  • Free Zone Subotica
  • Free Zone Svilajnac
  • Free Zone Užice
  • Free Zone Vranje
  • Free Zone Zrenjanin

Switzerland

  • Geneva Freeport, La Praille, Geneva[20][21]
  • Geneva Cointrin International Airport free port, Geneva[21]
  • Magazzini Generali con Punto Franco SA, Chiasso and Stabio, free port and bonded warehouse, Chiasso[22]
  • PESA - Port-Franc et Entrepôts de Lausanne-Chavornay SA, free port and bonded warehouse, Chavornay (Vaud)[23]
  • SEV - Société des Entrepôts Vevey SA, free port and bonded warehouse, Vevey[24]

Ukraine

  • Free port and free economic zone Odesa
    • 1819-1858

United Kingdom

The Americas

Argentina

Law 19640: Special Customs Area for the Island of Tierra del Fuego [25]

  • Río Grande, Tierra del Fuego
  • Ushuaia, Tierra del Fuego

Law 24331: Free Zones (of Argentina) [26]

The Bahamas

  • Freeport, Grand Bahama

Bermuda

Brazil

  • Zona Franca de Manaus

Canada

Foreign trade zones:[28]

  • Calgary Region Inland Port
  • Cape Breton Regional Municipality
  • CentrePort Canada
  • Global Transportation Hub Authority
  • Halifax Gateway
  • Port Alberta
  • Quebec City
  • Niagara
  • Windsor–Essex
  • Calgary Region Inland Port - FTZ Point[29]

Chile

  • Iquique
  • Punta Arenas

Colombia

  • San Andrés
  • Zona Franca
  • Zona Franca de Bogota
  • Zona Franca del Pacifico
  • Zona Franca Palermo

Dominican Republic

  • Mega Port of Punta Caucedo

Jamaica

  • Montego Bay

Panama

  • Colón Free Trade Zone

Costa Rica

  • Zona Franca Saret
  • Zona Franca Coyol
  • CF Free Zone Park S.R.L
  • Zona Franca Metropolitana
  • Zona Franca del Este
  • Concentrix Free Trade Zone, S.A

Uruguay

  • Carrasco International Airport (Free Airport)
  • Zona Franca Colonia
  • Zona Franca de Montevideo
  • Puerto de Montevideo (Free Port)
  • Zona Franca Rivera

United States

  • United States Virgin Islands

Venezuela

  • Free port of Isla Margarita (Puerto Libre de Margarita)
  • Free zone of the Paraguaná Peninsula (Zona Franca de la Península de Paraguaná)
  • Free zone of Santa Elena de Uairén (Zona Franca de Santa Elena de Uairén)

See also

References

  1. ↑ УПРАВЛЕНИЕ ОСОБЫМИ ЭКОНОМИЧЕСКИМИ ЗОНАМИ СУБЪЕКТА РФ Масаев С.Н. В сборнике: XIII Всероссийское совещание по проблемам управления ВСПУ-2019 Труды. Под общей редакцией Д.А. Новикова. 2019. С. 1773-1778.
  2. ↑ Masaev S. Destruction of the Resident Enterprise in the Special Economic Zone with Sanctions. Publisher: IEEE. 2019
  3. ↑ "Nigeria Export Processing Zones Authority - Home". http://www.nepza.gov.ng/. 
  4. ↑ Bertram, Mark (2010-01-10). "The Pelepas Free Zone: More Than Just Cost Advantages" (in en-US). https://siteselection.com/the-pelepas-free-zone-more-than-just-cost-advantages/. 
  5. ↑ 5.0 5.1 "Law on Economic Zones - Invest Mongolia". https://investmongolia.wordpress.com/category/law-on-economic-zones/. 
  6. ↑ "MONGOLIA: Trade Facilitation and Logistics Development Strategy Report - Final Report". December 2006. http://www.adb.org/sites/default/files/project-document/66546/36027-07-reg-tacr.pdf. 
  7. ↑ 7.0 7.1 7.2 7.3 7.4 7.5 7.6 7.7 "Free Economic Zone". https://ikw.kotra.biz/fairContents.do?FAIRMENU_IDX=13916&hl=ENG. 
  8. ↑ "Free zones which are in operation in the customs territory of the Union, as communicated by the Member States to the Commission". 17 August 2022. https://taxation-customs.ec.europa.eu/system/files/2022-08/FZ%20LIST%2017%20August%202022_CLEAN.pdf. 
  9. ↑ "Gazzetta Ufficiale". https://www.gazzettaufficiale.it/atto/serie_generale/caricaDettaglioAtto/originario?atto.dataPubblicazioneGazzetta=2013-04-06&atto.codiceRedazionale=13A02959&elenco30giorni=false. 
  10. ↑ Studios, ICON. "Malta Freeport". http://www.freeport.com.mt. 
  11. ↑ "Tax Benefits" (in en). https://www.ibc-madeira.com/en/tax-benefits.html. 
  12. ↑ "Operating Free Economic Zones". https://mineconomy.am/en/page/360. 
  13. ↑ "Foreign Investment Promotion Agency of Bosnia and Herzegovina". http://www.fipa.gov.ba/investiranje/lokacije/slobodne_zone/Archive.aspx?langTag=en-US&template_id=124&pageIndex=1. 
  14. ↑ "Free Economic Zones in Moldova.". https://www.welcome.md/eng/Free-Economic-Zones-moldova. 
  15. ↑ "Index Cards by Country: Montenegro Free zones". https://www.worldfzo.org/Portals/0/OpenContent/Files/487/Montenegro_FreeZones.pdf. 
  16. ↑ "Free Economic Zones". https://investnorthmacedonia.gov.mk/free-economic-zones/#:~:text=Land%20in%20a%20TIDZ%20in,a%20main%20international%20road%20network.. 
  17. ↑ Руднев Д. Д., Кулик Н. А. (1915). Материалы к изучению Северного морского пути из Европы в Обь и Енисей. Петроград: Тип. А. Э. Коллинс. pp. 3–4, 57–59. http://dlib.rsl.ru/viewer/01004197946. 
  18. ↑ "Федеральный закон Российской Федерации от 13 июля 2015 г. N 212-ФЗ "О свободном порте Владивосток"" (in ru). Rossiyskaya Gazeta. 15 July 2015. http://www.rg.ru/2015/07/15/fz212-dok.html. 
  19. ↑ 19.0 19.1 Mikavica, A. (3 September 2017). "Slobodne zone mamac za investitore" (in sr). politika.rs. http://www.politika.rs/sr/clanak/388105/Slobodne-zone-mamac-za-investitore. 
  20. ↑ Segal, David (21 July 2012). "Swiss Freeports Are Home for a Growing Treasury of Art". The New York Times. https://www.nytimes.com/2012/07/22/business/swiss-freeports-are-home-for-a-growing-treasury-of-art.html. 
  21. ↑ 21.0 21.1 "Ports Francs & Entrepôts de Genève SA - Rte du Grand Lancy 6a - Genève". http://www.geneva-freeports.ch/. 
  22. ↑ "Magazzini Generali con Punto Franco SA – Stabio – Chiasso – Svizzera" (in it, en). https://index.puntofranco.com/en/. 
  23. ↑ Techgroup Schweiz AG. "For global requests". http://www.pesa-chavornay.ch/en/. 
  24. ↑ "Transport services | Vevey | Société des Entrepôts Vevey". https://www.sevpf.ch/en-gb. 
  25. ↑ "Ley 19640 del 16/5/72". https://servicios.infoleg.gob.ar/infolegInternet/anexos/25000-29999/28185/norma.htm. 
  26. ↑ "Ley 24". https://servicios.infoleg.gob.ar/infolegInternet/anexos/0-4999/725/texact.htm. 
  27. ↑ "Zona Franca General Pico". http://www.zflapampa.com.ar. 
  28. ↑ "Geographically Flexible Foreign Trade Zones in Canada" (in en-gb). 5 February 2018. https://www.taxandtradelaw.com/Tax-Trade-Blog/geographically-flexible-foreign-trade-zones-in-canada.html. 
  29. ↑ "Calgary Region Inland Port". https://www.calgarylogisticscouncil.org/projects/calgary-region-inland-port/#:~:text=The%20Calgary%20Region%20is%20recognized,major%20cities%20across%20North%20America. 

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