around the free zones in Africa and the world. The blog will be educating and
informing the free zone operators, managers, opinion leaders and other
stakeholders about the scheme in the continent.
- Experts corner;
CEO’s voice; coming from the office of
the Executive Secretary of African Free
Zone Association (AFZA) and the Chairman/CEO of Carlcon Group (the owners of
For the purpose of enlightenment, Free Zone is
defined as a strategy for economic development usually characterized by a
special regulatory and incentive regime, often in an enclave clearly delineated
and administratively thought of as being outside a nation’s Customs and trade
regime to attract both local and foreign investment. The special regulatory and
fiscal regimes allows for freedom of operation at competitive costs.
that is why more and more countries are recognizing the new paradigm of Free
Trade Zones. While the old Free Trade Zone was often described as a static,
labour- intensive, incentive driven, and an exploitative enclave. The new zone
paradigm is more dynamic, investment-intensive, and an integrated economic
concept and better manage free zone in your country.