Economic Zones

Economic zones are specially designated areas within a country where the government offers incentives—like tax breaks, reduced regulations, or infrastructure support—to attract businesses and encourage economic activity. These zones aim to foster industrial growth, create jobs, and boost exports. Examples include Free Trade Zones and Special Economic Zones. They function as strategic hubs to promote development by making it more attractive for companies to invest and operate, often leading to faster economic growth and modernization in the region.