Export Processing Zones (EPZs)

Export Processing Zones (EPZs) are designated areas within a country where businesses focus on manufacturing goods primarily for export. These zones typically offer special incentives such as tax breaks, simplified customs procedures, and infrastructure support to attract foreign investment. The goal is to promote industrial growth, generate employment, and boost exports, helping the country's economy. Companies operating in EPZs benefit from a business-friendly environment, enabling them to produce and ship products more efficiently to international markets while often enjoying streamlined regulations compared to other areas.