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Investor Presentaiton

Free Trade Zones & Nigeria Tax Regime - Nigerian FTZ and ECOWAS' Common External Tariff- any issues? - 1999 WB Study - mixed experience with EPZs/FTZs in Africa: Numerous government financed EPZS/FTZs in Senegal, Liberia, Zaire, Botswana and Cameroon failed for variety of reasons. - However, success stories were Mauritius, Madagascar (benefiting from Mauritius overflow/ low labour costs) and Kenya. Madagascar began in 1990; by mid 1994 had approved 90 FTZs, with half operational, employing 5% of national formal sector employment, with 1993 exports accounting for 15% of total exports. Zimbabwe 1st first African example of private FTZ. - TEMPLARS

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