Special Economic Zones (SEZs)

Special Economic Zones (SEZs) are designated areas within a country where the government offers special economic policies, such as tax incentives, relaxed regulations, and infrastructure support, to attract foreign and domestic investment. These zones aim to boost economic activity, create jobs, and promote exports by providing a more business-friendly environment. SEZs often have separate customs and trade arrangements, allowing goods to be imported, processed, and re-exported with fewer obstacles. They serve as hubs for industrial growth, technological development, and economic diversification within the broader national economy.