Special Economic Zones Update December 2019

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The Economic Cities Authority Statute has recently been amended to include the establishment and regulation of Special Economic Zones (SEZs), a key feature of the Vision 2030. The ECA is now known as the Economic Cities and Special Zones Authority (ECZSA).

Our article gives insight into ECZSA’s regulatory structure, the path to the establishment of new Economic Cities, and SEZs until final approval by the Council of Ministers and finally, we consider incentives and exemptions afforded to Economic Cities and SEZs.

To explore the full article please click here.