Special Economic Zones

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Special Economic Zones (SEZ)s are geographically designated areas of the country which are set aside for specifically targeted economic activities to promote national economic growth by using support measures to attract both foreign and domestic investments.[1]

Business activity in the designated areas is subject to different rules from those prevailing in the rest of the economy. Those rules can pertain to investment conditions, trade, customs and taxes, among others.[1]

SEZs can have different forms of ownership. In publicly owned and operated zones, the government takes on the role of developer, operator and regulator of the zones, whereas in privately-owned zones, companies develop, manage and operate the zones under the government's regulatory oversight.[1]

  1. 1.0 1.1 1.2 Jealous Chishamba. "Zimbabwe: Caveat On Special Economic Zones". Zimbabwe Independent. Alpha Media Holdings. Retrieved June 30, 2017.