Investor Presentaiton
Free Trade Zones & Nigeria Tax Regime
- WB: Lessons from experience with EPZs/FTZs in
Africa and elsewhere in the world:
-
encourage private sector FTZ dev't & management
operate public industrial estates on commercial basis
encourage private sector provision of infrastructure
develop true public/private sector cooperation and
streamline regulatory processes
have more competitive incentive packages without
crippling provisions (e.g. minimum investments)
· re-focus strategy during start-up phases of FTZ:
concentrate more on investment facilitation.
"The Ghana Free Zones Act clearly recognizes the importance
of most of the lessons learned." (http://www-wds.worldbank.org/Ghana-Trade and
Investment Promotion Gateway Project, WB July 1999) Can we say the same?
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