Tuesday
June 20
2023

Afreximbank Ploughs $900 Million into Special Economic Zones Creation

By Neil Ford

Special Economic Zones (SEZs) have long been recognised as one of the best methods of boosting industrial production in the face of infrastructural constraints in host countries. They offer tax concessions and other benefits often not available elsewhere locally and are designed to enable knowledge transfer between international companies and domestic partners.

Photo courtesy of Michal Janček.

Source: African Business (link opens in a new window)

Categories
Investing, Technology, Transportation
Tags
business development, electric vehicles, manufacturing