Economic Zone Development

Economic zone development involves creating designated areas—such as special economic zones or free trade zones—where businesses can operate with different regulations, tax advantages, and infrastructure support. These zones aim to attract investments, boost employment, and foster economic growth by making it more attractive for companies to set up or expand operations. Governments design these zones to promote industrialization, innovation, and modernization, often focusing on specific sectors like manufacturing, technology, or logistics. Overall, economic zone development is a strategic tool to accelerate regional development and improve economic competitiveness.