Free Zone or Processing Area for Export

Elisabeta Katiaj

European Journal of Multidisciplinary Studies Articles, 2017, vol. 2

Abstract: Some countries apply as primary fiscal facilities the "Free Zone"; some of them guarantee contract for investors, investor protection, the reduction of bureaucracies, the partial state capital, providing incentives for every employee and other promotional policies. In theory, the goal is very clear for their creation. The attraction of strategic investors, improvement of the technology, providing jobs, fast movement of goods and capital, increase of competitiveness, increase of economic cooperation between the border countries and other chain effects, lead with economic growth and development in a country. The last 8 years in Albania, have been approved 11 Decisions of the Council of Ministers, for the Establishment of Economic Free Zones that today is called: †Technology Zone and Economic Development†. Some questions that will be treated in this topic, are based on the official data of the respective institutions. What are these decisions? What was the primary purpose of the 2008-2009 policy, where the development strategy was based on the free zones revolution? Who were the winners of these competitions? What extent is today in these areas of investment, what is the number of employees drawn up to date? Which could be a competitive bidding package for boosting foreign investment?

Keywords: Free Zone; Fason; Technological Zone; Industrialization; Economic Development (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:eur:ejmsjr:287

DOI: 10.26417/ejms.v6i1.p370-377

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