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Investor Presentaiton

MENA-OECD INVESTMENT PROGRAMME II. Policy Framework Selected MENA Policy Frameworks for Economic Zones The policy frameworks in several MENA countries provide for equal treatment of foreign and domestic investors, increased linkages with the local economy and national certificates of origin. Egypt, Iraq, Kuwait, Palestinian National Authority, Syria, UAE and Yemen all permit 100% foreign ownership. National certificates of origin are provided in Egypt's Suez Special Economic Zone and in Jordan's free zones. To increase linkages with the local economy in Egypt, all the local components of the products produced in the free zones are exempt from any customs duties in the case of their selling to the local market (inside the country); and exports and imports of the project to and from the country are exempt from any sales taxes or any other kinds of taxes or duties applied in the country. UAE and Jordan do not apply minimum export requirement in their zones. 26 OECD
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