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Investor Presentaiton

V. Institutional Framework MENA-OECD INVESTMENT PROGRAMME 1. 2. A major factor contributing to the success of zone programmes is the autonomy and effectiveness of the body charged with overseeing zone operations Sufficient autonomy of the zone authority over staffing, budgets, spending and policy making should be ensured and clearly stated in the law; An independent board composed of representatives of all key involved ministries and the private sector should be formed, thereby ensuring customer focus; An example of this is Egypt's SEZ regime; the zone is self- governed through an independent authority with even greater authority granted to the Board of Directors. The board is composed of government and private sector representatives. 29 OECD
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