Export Processing Zones (‘EPZs’) - also referred to as Free-trade Zones, became popular in Africa after the 1970s. EPZs aim to create jobs, encourage exports, and increase GDP growth through: Various tax exemptions; Flexible regulatory requirements; and An ease of doing business. The case for export processing zones As mentioned above, EPZs encourage exports by creating an environment which enables local industries serve foreign markets. A successful EPZ scheme generates high
Need to contact me about something? Reach out, I’d be happy to hear from you.