About US
The Special Economic Zones (SEZs) Project Program 2024 has a universal objective to pick lessons from successful countries like China, which in the last few decades emerged to become a top global investment destination through its Special Economic Zones and Industrial Clusters; India that is already catching up and the rest of Asia and the Middles East with Dubai UAE, a key study-template.
SPECIAL FOCUS ON AFRICA
Since Africa first unveiled its first economic zones in Mauritius in 1970, many countries have set up SEZs to explore the potential for international investments, increase trade balance, generate employment, entrepreneurship creation and effective administration.
The Africa Union (AU) deems African Special Economic Zones as one of the main instruments that stimulate economic reforms, promote quality Foreign direct investments (FDIs), and accelerate industrialization across the continent. Africa is increasingly becoming investors’ haven despite plethora of challenges being readily addressed.There has been remarkable upward push for SEZs on the continent since the 2020 UNCTAD’s Handbook on Special Economic Zones in Africa with SEZs in only 38 of the continent’s 54 countries.
According to the African Economic Zones Outlook (Edition 2021), more than 200 SEZs are operational in Africa while 73 projects have been announced for completion in 47 countries. The land dedicated to SEZs is nearly 150,000 hectares while over $2.6 billion has been mobilized in investments dedicated to agro-processing, manufacturing and services.
There is a gradual but deliberate upward swing for SEZs meaning that the need for awareness and creation of a Go To Place has become more crucial than ever. That is why the Special Economic Zones (SEZs) Project Program 2024 matters with more than 60 countries attending.
