Investor Presentaiton
MENA-OECD
INVESTMENT
PROGRAMME
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Towards a more Comprehensive and Generic
Terminology
Free trade zones (FTZs; also known as commercial free zones): are fenced-
in, duty-free areas, offering warehousing, storage, and distribution facilities
for trade, trans-shipment, and re-export operations.
Export processing zones (EPZs): are industrial estates aimed primarily at
attracting export-oriented investments. They cover usually a wide array of
manufacturing industries.
Special economic zones (SEZs): are larger estates and could be considered
cities on their own. They usually cover all industrial and service sectors and
target both foreign and domestic markets. They provide an array of
incentives ranging from tax incentives to regulatory incentives. In addition,
they permit on-site residence.
Specialized zones/Investment Zones (SZs): targeted at specific sectors or
economic activities. Examples of SZs include science/technology parks,
petrochemical zones, logistics parks, airport-based zones, and so on. They
may restrict the access of companies in non-priority sectors, and their
infrastructure is mostly tailored according to their sectoral targets.
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