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List of free economic zones

From Wikipedia, the free encyclopedia

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 like enjoyed political autonomy. Many international airports have free ports, though they tend to be called customs areas, customs zones, or international zones.

Africa

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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 Airline Services Export Proc. Zone Lagos State Operational Private
9 ALSCON Export Processing Zone Akwa Ibon Operational Private
10 Ogun Guangdong Free Trade Zone Ogun State Operational Public/ Private
11 Sebore Farms Export Processing Zones Adamawa State Operational Private
12 Ibom Science & Tech. Park Free Zone Akwa Ibom Under Cons. Public/Private
13 Living Spring Free Zone Osun State Under Cons. State
14 Lekki Free Zone Lagos State Under Cons. State/ Private
15 Brass LNG Free Zone Bayelsa Under Cons. Public/Private
16 Abuja Technological Village Free Zone Abuja Under Cons. Public/Private
17 Specialized Railway Industrial FTZ - Kajola Ogun State Under Cons. Public/Private
18 Imo Guangdong FTZ Imo State Under Cons. Public/Private
19 OK Free Trade Zone Ondo & Ogun Under Cons. States/ Private
20 Lagos Free Zone Lagos State Under Cons. Private
21 Kwara Free Zone Kwara State Declaration State Govt.
22 Oluyole Free Trade Zone Oyo State Declaration State Govt.
23 Koko Free Trade Zone Delta State Declaration State Govt.
24 OILSS Logistics Free Zone Lagos Declaration Private
25 Banki Border Free Zone Borno State Declaration State
26 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

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China

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Indonesia

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Iran

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Bayan Lepas Free Industrial Zone, also known as the Silicon Valley of the East

Mongolia

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South Korea

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Taiwan

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

Turkey

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SN Name Province Foundation date
1 Mersin Free Zone Mersin 1987
2 Antalya Free Zone Antalya 1987
3 Aegean Free Zone İzmir 1990
4 Istanbul Atatürk Airport Free Zone Istanbul 1990
5 Trabzon Free Zone Trabzon 1992
6 Istanbul Leather Industry Free Zone Istanbul 1995
7 East Anatolia Free Zone Erzurum 1995
8 Mardin Free Zone Mardin 1995
9 Istanbul Stock Exchange Free Zone (İMKB) Istanbul 1997
10 İzmir Menemen Leather Free Zone İzmir (Menemen) 1998
11 Rize Free Zone Rize 1998
12 Samsun Free Zone Samsun 1998
13 Istanbul Tracia Free Zone Istanbul 1998
14 Kayseri Free Zone Kayseri 1998
15 Adana Yumurtalık Free Zone Adana (Yumurtalık) 1998
16 European Free Zone Tekirdağ (Çorlu) 1999
17 Gaziantep Free Zone Gaziantep 1999
18 Bursa Free Zone Bursa 2001
19 Kocaeli Free Zone Kocaeli 2001
20 Denizli Free Zone Denizli 2002
21 Tubitak Free Zone Kocaeli (Gebze) 2002

United Arab Emirates

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Uzbekistan

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Europe

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European Union

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European Union free zones:[7]

Albania

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Armenia

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Belarus

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Georgia

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Bosnia and Herzegovina

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  • Free Zone Trebinje[12]
  • Free zone Hercegovina
  • Free zone Vogosca
  • Free zone Visoko

Moldova

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  • Giurgiulești Freeport[13]
  • Expo-Business Chisinau, Chisinau)
  • Ungheni-Business
  • Tvardita
  • Otaci-Business
  • Valkanes
  • Taraclia
  • Free International Airport of Marculesti

Monaco

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  • Monaco Freeport

Montenegro

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  • Port of Bar Free Zone[14]

North Macedonia

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Тechnological–Industrial Development Zones (TIDZs)[15]

  • 12 Free Zones

Russia

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Serbia

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Serbia has 14 free economic zones as of September 2017;[18] these are:[18]

Switzerland

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Ukraine

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United Kingdom

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The Americas

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Argentina

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Law 19640: Special Customs Area for the Island of Tierra del Fuego [24]

Law 24331: Free Zones (of Argentina) [25]

The Bahamas

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Bermuda

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Brazil

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Canada

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Foreign trade zones:[27]

Chile

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Colombia

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

Dominican Republic

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  • Mega Port of Punta Caucedo

Jamaica

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Panama

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Costa Rica

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  • 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

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

United States

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Venezuela

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See also

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References

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  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". Retrieved 12 May 2016.
  4. ^ a b "Law on Economic Zones - Invest Mongolia". Retrieved 23 April 2017.
  5. ^ "MONGOLIA: Trade Facilitation and Logistics Development Strategy Report - Final Report" (PDF). Asian Development Bank. December 2006. Archived from the original (PDF) on 22 August 2021.
  6. ^ a b c d e f g h "Free Economic Zone". Invest Korea Week 2021. Retrieved 15 January 2022.
  7. ^ "Free zones which are in operation in the customs territory of the Union, as communicated by the Member States to the Commission" (PDF). European Commission. 17 August 2022.
  8. ^ "Gazzetta Ufficiale". www.gazzettaufficiale.it.
  9. ^ Studios, ICON. "Malta Freeport". Retrieved 23 April 2017.
  10. ^ "Tax Benefits". www.ibc-madeira.com. Retrieved 18 February 2019.
  11. ^ "Operating Free Economic Zones". Retrieved 21 January 2024.
  12. ^ "Foreign Investment Promotion Agency of Bosnia and Herzegovina". Retrieved 11 December 2023.
  13. ^ "Free Economic Zones in Moldova". Retrieved 11 December 2023.
  14. ^ "Index Cards by Country: Montenegro Free zones" (PDF). World Free Zones Organization. Retrieved 11 December 2023.
  15. ^ "Free Economic Zones". Retrieved 11 December 2023.
  16. ^ 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.
  17. ^ "Федеральный закон Российской Федерации от 13 июля 2015 г. N 212-ФЗ "О свободном порте Владивосток"" [Federal Law of July 13, 2015 N 212-FZ “On the Free Port of Vladivostok”] (in Russian). Rossiyskaya Gazeta. 15 July 2015. Retrieved 28 July 2015.
  18. ^ a b Mikavica, A. (3 September 2017). "Slobodne zone mamac za investitore". politika.rs (in Serbian). Retrieved 17 March 2019.
  19. ^ Segal, David (21 July 2012). "Swiss Freeports Are Home for a Growing Treasury of Art". The New York Times. Retrieved 7 April 2015.
  20. ^ a b "Ports Francs & Entrepôts de Genève SA - Rte du Grand Lancy 6a - Genève". Retrieved 12 May 2016.
  21. ^ "Magazzini Generali con Punto Franco SA – Stabio – Chiasso – Svizzera". puntofranco.com (in Italian and English).
  22. ^ Techgroup Schweiz AG. "For global requests". Retrieved 12 May 2016.
  23. ^ "Transport services | Vevey | Société des Entrepôts Vevey" [Transport services | Vevey | Vevey Warehouse Company]. sevpf.ch. Retrieved 12 May 2016.
  24. ^ "Ley 19640 del 16/5/72". servicios.infoleg.gob.ar.
  25. ^ "Ley 24". servicios.infoleg.gob.ar.
  26. ^ "Zona Franca General Pico". Retrieved 12 May 2016.
  27. ^ "Geographically Flexible Foreign Trade Zones in Canada". www.taxandtradelaw.com. 5 February 2018. Retrieved 24 August 2021.
  28. ^ "Calgary Region Inland Port". Calgary Logistics Council. Archived from the original on 4 September 2018.