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Seven instructions issued relating to Special Economic Zones
The Department of Commerce ("DoC") has issued seven Instructions relating to the development and operation of Special Economic Zones (SEZs). Developers and co-developers should review the instructions to identify the activities that need to take place from the date of notification. Included in the list of instructions are guidelines for dealing with a change in a SEZ area, putting up a boundary wall, clearing cargo ports and proposing foreign direct invesment.
The instructions are based on the internal guidelines and best practices of the Board of Approvals (BoA), who are experienced in dealing with SEZ matters.
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