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This blog focuses on the activities and happenings
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.
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.
You will be getting information from these segments;
- Experts corner;
- News;
-
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
the blog).
 |
| Chris Ndibe at Tanger Med Free Zone, Morocco |
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.
The concept of Free Trade Zone is very powerful,
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
tool.
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
tool.
This blog therefore will enable you understand the
concept and better manage free zone in your country.
concept and better manage free zone in your country.
Come along with us in our weekly posting!!!
