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Topic: Special Economic Zone


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  --:: SURAT SPECIAL ECONOMIC ZONE ::--
A Special Economic Zone is a deemed Foreign land for the purpose of trade operations, duties and tariffs.
In such cases, bonding is to be done with the authorities to ensure that the goods are going to come back to the Zone.
Development Commissioner, Surat Special Economic Zone has consistently been positive and proactive to see that no impediments come in the way of the units.
www.sursez.com /faq.htm   (1113 words)

  
  People's Daily Online -- Special economic zone law to be enacted in Myanmar: spokesman
According to the business circle, the Thilawa SEZ zone, about 25 kilometers (km) south of Yangon and covers an area of 12.8 square-km, will become the first export concentration zone of its kind in the country in which all formalities for export of the zone's products will be handled with one-stop service.
Concerning the Thilawa SEZ, a master plan for the establishment of the zone was designed by Chinese experts for feasibility study for the Myanmar side.
Besides, Myanmar is also likely to establish one more special industrial zone in Rakhine state, western part of the country, and invite foreign investment mainly from Bangladesh for the development, local reports said.
english.people.com.cn /200611/02/eng20061102_317652.html   (551 words)

  
  eKantipur.com - Nepal's No.1 News Portal
The concept of special economic zones was mooted in Nepal in the mid-eighties.
Special economic zones are being trumpeted by the developing countries as a beacon, alluring domestic as well as foreign investment.
The late start of special economic zone development project in Nepal is still trailing with the absence of appropriate legal framework and the lackadaisical investment behavior at the domestic front, largely due to unstable political situation in the country.
www.kantipuronline.com /kolnews.php?&nid=76487   (1032 words)

  
 RIA Novosti - Russia - Chechen leadership to insist on special economic zone
A proposal for special economic zones will probably be included in the Treaty between Russia and the Republic of Chechnya concerning the distribution of powers.
Special economic zones, according to the bill, are created following a decision from the Russian government, with the aim of developing manufacturing, hi-tech production, new products and the transport infrastructure.
Forbidden within a special economic zone are the extraction of natural resources, metal production, the processing of natural resources and ferrous and non-ferrous metals and the production and processing of excisable goods excluding small cars and motorcycles.
en.rian.ru /russia/20050725/40969413.html   (376 words)

  
 Mundra Port and Special Economic Zone
Mundra becomes the First SEZ with Airport and Seaport, 01-Feb-2007
Mundra Port and SEZ signs MoU with Sterling AddLife India Ltd., 26-Feb-2007
Mundra Port and Special Economic Zone Ltd. becomes
www.mundrasez.com   (63 words)

  
 The Island Province - A Special Economic Zone
Thanks to economic restructuring, Hainan posted an average annual GDP growth of 8.6 percent in the 1998-2001 period, surpassing the national figure for four consecutive years.
The island province was designated as a special economic zone in 1988.
Largely due to the lack of strong industries, the province suffered an economic bubble fueled by a housing boom in the early 1990s.
www.china.org.cn /english/travel/46262.htm   (481 words)

  
 A Special Economic Zone for renewable (alternative) energy in India | Theory B
Special Economic Zones (SEZs) in India have been the subject of a lot of controversy over the past year.
SEZ's have been responsible for the huge growth in China's exports since the country opened up in 1979.
Set up a SEZ with world class infrastructure (in this case they plan to invest $2 billion) and the private sector will rush in to set up their facilities.
www.journalism.nyu.edu /pubzone/theoryb/node/976   (347 words)

  
 [No title]
Special economic zones mean areas to which some special policies are applied during the process of China's reform and opening-up for the purpose of developing foreign trade and economic relations, especially for using foreign investment and importing advanced technologies.
The regulatory documents of special economic zones are formulated with authorization by the National People's Congress and its Standing Committee and, therefore, their legal authority is different from that of ordinary regulations and rules.
Regulations of special economic zones may, upon authorization, contain alterations to certain laws, administrative regulations or local regulations for implementation in the special economic zones concerned.
www.legalinfo.gov.cn /english/LegalKnowledge/legalknowledge4_4.htm   (543 words)

  
 SEZ - Special Economic Zone
SEZs are defined as 'delineated duty-free enclaves and are deemed foreign territories for the purposes of trade operations, duties and tariffs'.
An SEZ may be set-up in the public, private, or joint sector and/or by a state government, subject to compliance with the Policy and guidelines issued by the Ministry of Commerce ("MoC").
Zones in the SEZ area have different characteristics in terms of location (proximity to port, residential complexes/townships, etc.) and land characteristics (soil characteristics, terrain, etc.).
www.navimumbaisez.com /overview.htm   (7128 words)

  
 "Astana - New City" special economic zone
To solve this task the special economic zone "Astana - new city" providing for creation of the favorable investment climate for construction of the new center projects on the left-bank of the City was established by the Decree of the President of the Republic of Kazakhstan.
The land-tax is not applicable to the areas situated within «Astana – New City» special economic zone with infrastructure facilities, administrative or residential housing, which have been built there or are under construction during the existing of the said economic zone.
When such goods are exported from the special economic zone territory to the general customs territory of the Republic of Kazakhstan, they are again subject to the customs duties and taxes, and the non-tariff restrictions are applicable in accordance with the terms of the declared customs treatment.
www.astana.dan.kz /sez/sez_angl/index.html   (1470 words)

  
 Special Economic Zone Scheme   (Site not responding. Last check: )
The SEZ Scheme places full trust on the units and, therefore, import and export operations of the units in the Zone are on the basis of self-certification.
As in the case of imports, the SEZ export cargo is not examined in routine and export is allowed on the basis of self-certification by the units.
The SEZ units are allowed to remove the moulds, jigs, tool, fixtures, tackles, instruments, hangers, patterns and drawings without payment of duty to the premises of the sub-contractors subject to the condition that such goods are brought back to the unit on completion of the jobwork within the period specified in this behalf.
www.cbec.gov.in /cae/customs/cs-manual/manual_22(e).htm   (3602 words)

  
 Special Economy Zone   (Site not responding. Last check: )
Economic characteristics are represented as "4 primacies": 1) constructions primarily relies on attracting and utilizing foreign capitals; 2) primary economic forms are sino-foreign joint ventures and partnerships as well as wholly foreign-owned enterprises; 3) products are primarily export-oriented; 4) economic activities are primarily driven by market.
SEZs are listed separately in the national planning (including financial planning) and have province-level authority on economic administration.
It is belt-shaped with a total area of 327.5 km?There is a 129.7 km long SEZ controled border on the north with entrances on the 7 roads leading to the area.
www.shenzhenwindow.net /sez/SEZ.htm   (211 words)

  
 Focus on the Global South- India - People’s Memorandum on Special Economic Zones in India
This letter is to draw your attention to the fact that the Special Economic Zones (SEZs) and the land acquisition processes for SEZs have been causing widespread discontent among the farmers and common people all over India.
Under the SEZ Act (Section 26 to 30) and SEZ rules, excessive Tax and Tariff concessions are being given to companies for a consecutive period of 15 years.
The SEZ Act (Section 9, 11, 12 and 31) is taking away this power back to the center and bureaucracy (by creating ‘Board of Approvals’ and ‘Development Commissioner’ and ‘SEZ Authority’, the most powerful in SEZs), the accountability of whose is not certain.
www.focusweb.org /india/content/view/830/0   (1629 words)

  
 Frequently Asked Questions - Special Economic Zone   (Site not responding. Last check: )
Special Economic Zone (SEZ) is a specifically delineated duty free enclave and shall be deemed to be foreign territory for the purposes of trade operations and duties and tariffs.
The SEZ should have a minimum area of 1000 hectares and at least 25 % of the area is to be earmarked for developing industrial area for setting up of units.
SEZ units may import or procure from the domestic sources, duty free, all their requirements of capital goods, raw materials, consumables, spares, packing materials, office equipment, DG sets etc. for implementation of their project in the Zone without any licence or specific approval.
indiainbusiness.nic.in /faq/sez1.htm   (1796 words)

  
 India's policy on Special Economic Zones under fire   (Site not responding. Last check: )
The SEZs were promoted by Commerce Minister Kamal Nath as creating a large flow of foreign and domestic investment that would bridge the gap between China and India in infrastructure and exports, and create massive employment opportunities.
Despite the government’s determination to proceed, the flaws and criticisms of the SEZs are a significant blow to the Indian corporate elite.
New Delhi designed the SEZ policy to give an impetus to the private sector to overcome India’s massive infrastructure problems, which are widely acknowledged an impediment to investors.
www.wsws.org /articles/2006/oct2006/india-o27.shtml   (1116 words)

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