Special economic zones and investor packages

Description

The flagship reform “Special economic zones and investor packages” aims to promote the conditions for strong development of national and international investments, by establishing a sufficiently attractive regulatory framework to promote Foreign Direct Investment (FDI). ) of 2% of GDP in 2013, to bring them towards 6 to 8% by 2023.

This involves in particular adopting the legislative and regulatory texts relating to special economic zones, defining the incentive regimes intended to enable better attractiveness of special zones dedicated to the industrial, agricultural and service sectors.

Furthermore, the development of a national SEZ development plan is planned in order to create SEZs throughout the territory. Certain projects located outside SEZs, but having strategic value, will also be eligible for specific incentive schemes (investor packages).

Methods of implementation

The flagship reform “Special Economic Zones” and implemented by APIX which is administrator of the SEZs, in perfect collaboration with the Public Private Joint Committee of SEZs housed at the Ministry of Economy, Planning and Cooperation. Other key stakeholders are involved in the implementation of the reform such as APROSI (the Agency for the Development and Promotion of Industrial Sites), Teyliom Logistics, and companies established in the SEZs.