Africa develops Special Economic Growth Engines Towards Industrialisation & Regional Development

Posted on : Tuesday, 3rd February 2015

 Special Economic Zones (SEZs) are progressively becoming a policy tool of choice for governments to attract foreign investment to promote export oriented economy and growth, thus creating employment opportunities. Globally, there is a major shift in economic policies in developing countries which attempt to industrialise their economy by becoming more manufacturing based economies, export driven through setting up of free trade zones that are inclusive of SEZs, designed to encourage foreign direct investments.